Overview of Dwarka Sector-1, New Delhi

Location and Popularity

Dwarka Sector-1 stands out as a desirable locality in New Delhi. It boasts well-planned infrastructure with easy access to various amenities.

Property Types

Dwarka Sector-1 features a variety of properties:

• Apartments: Common in this area, available in different sizes and designs.
• Builder Floors: Popular for their spacious layouts and relatively lower costs compared to apartments.

Property Prices

Apartments

• Apartment prices in Sector 1 Dwarka vary between Rs. 8,100 to Rs. 13,400 per square foot.
• The average apartment price is around Rs. 10,800 per square foot.

Builder Floors

• Builder floors, too, cost Rs. 3,900 to Rs. 8,200 per square foot.

Price Trends

• Property rates in Sector 1 Dwarka have appreciated considerably. For example, flat rates have surged by 36.7% in the last 3 years, 45.9% in the last 5 years, and 39.4% in the last 10 years.
• Recently, prices have risen steadily, with a ten percent increase in Q3 2024 over the previous quarter.

Year-over-Year Growth

• Property rates have grown by 1.91% in the past year, noting a steady and slightly expanding market.

Rental Options

Renters can find:

• Flats available for rental at rates from ₹13,000 to ₹26,000 per month based on size and furnishings.
• Often, rental properties come fully or semi-furnished, mostly in standalone buildings.

Amenities and Infrastructure

• Essential amenities are found in Sector 1 Dwarka, including schools, hospitals, shopping centers, and good public transport.
• The area is well-connected to major roads and metro stations.

PropertyWala's Conclusion

Dwarka Sector-1, New Delhi, is appealing for both buyers and renters due to its balanced affordability, amenities, and rising property values. With robust price trends and steady growth, it's a solid investment option. However, it's worth considering current market prices, properties that meet personal needs, and the lifestyle offered. Sector 1 Dwarka remains a promising option in the Delhi real estate scene, with its well-planned infrastructure and increasing demand.