Overview of Hemkunt Colony, New Delhi

Location and Proximity

• Hemkunt Colony can be found in South Delhi, an area that's well-connected and highly desirable.
• It's near other notable places like Nehru Place, Nehru Enclave, and Kalkaji, making it perfect for those who have quick access needs to these regions.

Property Availability

• Currently, lots of properties are available for sale in Hemkunt Colony, over 37 on the books at the last count.
• A few rental properties, including builder floors, are also available.

Pricing and Trends

• The price per square foot here has changed over different periods:
  • In the last quarter of 2023, the average was ₹13,806 per square foot with a 28% rise.
  • From July to September 2023, the average was ₹10,753 per square foot and saw a 7% drop.
  • In 2023 as a whole, the average stayed around ₹10,573 per square foot with a 3% annual bump.
• Historically, prices fluctuated: peak at ₹16,995 per square foot in 2021 and bottom at ₹10,314 per square foot in 2022.

Amenities and Infrastructure

• Homes here are often close to key amenities such as metro stations, schools, and hospitals.
• Hemkunt Colony lies within a developed part of South Delhi, promising good connectivity and access to various services.

Types of Properties

• You'll find builder floors in this neighborhood, with good demand.
  • For instance, a luxurious 4 BHK builder floor can reach ₹6.5 crore with a price per square foot of ₹26,749.

Rental Options

• Looking to rent? Properties such as builder floors are an option here.
  • Monthly rental prices could be around ₹1.25 lac, and a booking amount of ₹40,000 is necessary.

PropertyWala’s Summary

Hemkunt Colony in South Delhi stands out for both buyers and renters because it is strategically placed, offers an array of property types, and is close to essential amenities. Pricing trends show a little volatility, yet the area’s attractiveness and infrastructure make it worth considering. Prospects should carefully weigh the current market conditions and prices for a well-informed choice.