A Glimpse into Friends Colony East, New Delhi

Position and Status

• Friends Colony East lies at the core of South Delhi, rising as one of the city's most upmarket and elite areas.
• This locality stands out for its prime location, close access to major amenities, and the home base of India's prominent and traditional business families.

Real Estate Costs

• Acquisition:
  • Entry-level properties in Friends Colony East start around Rs. 31,250 per sq ft. The average price hits Rs. 44,892 per sq ft.
  • Top-tier properties can stretch up to Rs. 71,428 per sq ft.
  • These properties range from standalone houses to upscale apartments and builder-floor units. So, a 4 BHK builder floor might cost about Rs. 6.55 Cr whereas a 2 BHK independent house can be around Rs. 14.0 Cr.

Rental Choices

• Leasing:
  • The rental market features an assortment of choices from flats, apartments, builder floors, standalone homes, and commercial spaces.
  • Rental rates vary:
    • Builder Floors: ₹25,000 to Rs. 3.5 Lac per month.
    • Independent Houses: ₹86,000 to Rs. 5.5 Lac per month.
    • Apartments: Rs. 16,500 to Rs. 3.3 Lac per month.
    • Office Spaces: ₹18,000 to Rs. 8.5 Lac per month.

Amenities and Facilities

• Education and Healthcare:
  • Nearby top schools like Shaurya Foundation and hospitals, including Sunrise Hospital.
• Travel:
  • Well-linked to nearby metro stations and other public transport options.
• Other Services:
  • Plentiful car parking, visitor parking, and security safeguards.
  • Easy reach to markets, ATMs, and other facilities.

Lifestyle and Society

• Community:
  • Friends Colony East features a lively community blending modern with old-fashioned homes.
  • This neighborhood is famed for its broad streets, parks, and kept infrastructure[4>.
• Existence:
  • Residents can relish a lavish lifestyle with access to premium amenities and services.
  • It presents a rare mix of old-world character and contemporary living.

Trends in Properties

• Value Upsurge:
  • Property values have shown an impressive 83.08% year-on-year increase, proving it a good time for buying and selling property.
• Growth Chances:
  • The locality is highly in demand, suggesting strong possibilities for long-term value increase and profitable investment.

PropertyWala’s Summary

Friends Colony East in New Delhi emerges as a prime spot for both buyers and tenants wanting luxury and top-tier locality. With its high property prices and notable yearly growth, it stands out as a strong investment. Its excellent infrastructure, presence of essential services, and lively community render it an exceptional choice for those desiring an upscale lifestyle in South Delhi’s heart. Yet, thanks to its elite standing, it bears a premium, hence fitting more for those with a generous budget.