Overview of Green Park, New Delhi

Green Park, found in South Delhi, is a much sought-after and cosmopolitan area. It offers a perfect mix of luxurious living, vibrant culture, and convenient amenities.

History and Development

• Green Park was brought into being in the 1960s and has grown into a thriving residential and commercial hub.

Divisions of Green Park

• The area is split into two main parts: Green Park Main and Green Park Extension.
  • Green Park Main: Known for its shopping complex, market, and dining spots.
  • Green Park Extension: Mainly a residential zone featuring bungalows, villas, and spacious residences.

Real Estate Prices

For Sale

• 3 BHK Homes: Price range: Rs. 1 Crore to Rs. 5.5 Crores.
• 2 BHK Homes: Price range: Rs. 1.25 Crores to Rs. 4 Crores.
• 4 BHK and Larger Homes: Prices can top Rs. 45 Crores for luxury properties.

For Rent

• 1 BHK Flats: Monthly rent: Rs. 20,800 to Rs. 38,400.
• 2 BHK Flats: Monthly rent: Rs. 44,500 to Rs. 88,300.
• 3 BHK Flats: Monthly rent: Rs. 65,850 to Rs. 1.5 Lakhs.
• 4 BHK Flats: Monthly rent: Rs. 1.3 Lakhs to Rs. 2.9 Lakhs.

Amenities and Infrastructure

• Green Spaces: Nearby are Deer Park, Rose Garden, and District Park, offering a green, breathable area.
• Healthcare: Nearby stand prominent hospitals such as AIIMS, Safdarjung Hospital, and more specialized clinics.
• Education: Home to numerous top-class schools and colleges. Some include CBSE Patrachar Vidyalaya, M B D A V Senior Secondary School, and National Institute of Fashion Technology.
• Shopping and Dining: In Green Park Main, many shopping centers, restaurants, and entertainment spots are available.
• Transportation: Excellent connectivity with the Green Park Metro Station and nearby bus stops.

Property Types

• Residential Properties: Include 1, 2, 3, and 4 BHK flats, builder floors, independent houses, and villas.
• Commercial Properties: Includes office spaces, shops, and showrooms for both rent and sale.

Demand and Supply

• Popularity of Builder Floors: 74% of demand for builder floors is seen, showcasing their popularity.
• Luxury Market: Many properties priced above Rs. 5 Crores, both for sale and rent, show a strong luxury market presence.

PropertyWala's Conclusion

Green Park, New Delhi, presents a mix of luxury living, great infrastructure, and a vibrant cosmopolitan culture. Looking to buy or rent? It offers a wide range of options to meet different budgets and preferences. Close to major healthcare facilities, educational centers, and entertainment spots, Green Park is ideal for seeking a comfortable and prestigious lifestyle. Its ongoing development and high demand indicate a promising investment choice in the real estate market.