Overview of DSIDC Industrial Area, New Delhi

Location and Infrastructure

• The DSIDC Industrial Area in Narela, New Delhi, is overseen by the Delhi State Industrial and Infrastructure Development Corporation Ltd. (DSIIDC), tasked with developing and maintaining industrial areas in Delhi.
• It falls within Delhi’s larger industrial network, with 29 industrial estates handled by DSIIDC and other bodies.

Property Types and Pricing

• Residential Properties:
  • Choices like 1 BHK, 2 BHK, and other apartments abound.
  • Costs differ, with an average cost per square foot at around ₹3,555.
  • Take, for example, a 1 BHK in DDA flats, which might be priced around ₹4,857 per sq.ft.
• Industrial Properties:
  • Factories and industrial plots, such as in Bawana, sell at about ₹13,006 per sq.ft.

Amenities and Facilities

• Basic Infrastructure:
  • DSIIDC provides essentials like roads and storm water drains, even in unauthorized areas.
• Community Facilities:
  • There's easy access to services like police stations and other local amenities.
• Future Development:
  • Future plans include the Knowledge Based Industrial (KBI) Park at Baprola, targeting sectors like IT and ITeS, to offer jobs and modern infrastructure.

Market Trends

• The property market in DSIDC Industrial Area seems a smart move. Buying or selling is viewed profitably, with stable price trends evident.
• The average price per square foot stays consistent, signaling a reliable market environment.

Pros and Cons

Pros:

• Infrastructure Development: Ongoing and future DSIIDC projects improve the area.
• Employment Opportunities: New projects, such as the KBI Park, are predicted to create many jobs.
• Affordable Housing: DSIIDC has built low-cost houses for the urban poor, thus making affordable housing available.

Cons:

• Industrial Environment: The mostly industrial nature might not suit all who prefer a residential area.
• Limited Residential Options: While there are some residential properties, variety may not match more purely residential areas.

PropertyWala's Conclusion

The DSIDC Industrial Area in Narela, New Delhi, blends industrial and residential in a unique way. For those buying or renting, price stability, continuous infrastructure growth, and new job prospects are notable. Weighing the pros and cons is important here, especially given the area’s industrial focus and limited residential choices. All in all, it works well for those seeking affordable housing or industrial investments with growth promise.