It seems there's a mix-up since the given info is mostly about Indira Nagar in Bangalore, Karnataka, instead of Indira Nagar in New Delhi. With no specific data for Indira Nagar, New Delhi, here’s a general method for evaluating a locality for real estate and a summary of the Bangalore context.

General Principles for Evaluating a Locality

When contemplating buying or renting property in a new place, crucial factors include:

Connectivity

• How close is it to public transport, major roads, and airports?
• Are metro stations, bus routes, and other transport options accessible?

Infrastructure

• What's the condition of the roads, parking, and urban planning?
• Are amenities like schools, hospitals, shopping malls, and entertainment spots present?

Real Estate Market

• What are current property prices and rental yields?
• Are there many types of properties available, like apartments, houses, villas, and their conditions?

Social and Retail Infrastructure

• Are quality schools, colleges, hospitals, and healthcare facilities nearby?
• Are there shops, cafes, restaurants, and recreational areas?

Employment Opportunities

• How close is the locality to major employment hubs, IT parks, and business districts?

Indira Nagar, Bangalore: A Comparative Standard

Since there isn't specific data on Indira Nagar, New Delhi, here's a look at how Indira Nagar in Bangalore measures up based on these criteria:

Connectivity

• Indira Nagar in Bangalore is well-linked by metro, road, and rail, with two metro stations on the Namma Metro Purple Line and proximity to MG Road and Brigade Road.

Infrastructure

• The area has seen substantial infrastructure development, like road widening projects and proposed metro line extensions. Yet, it faces traffic congestion and limited parking space.

Real Estate Market

• It has high property prices, with residential properties priced from ₹14,000 to ₹30,000 per square foot. It has seen a year-on-year appreciation rate of 13.50% and a rental growth up to 32% for commercial areas.

Social and Retail Infrastructure

• The locality offers strong social infrastructure, like top schools such as National Public School and New Horizon Public School, and hospitals including Columbia Asia Hospital and Chinmaya Mission Hospital. Plus, it has shopping malls like Garuda Mall and UB City.

Employment Opportunities

• Indira Nagar is near major IT parks such as Bagmane Tech Park and Manyata Tech Park, making it enticing for working professionals.

PropertyWala's Key Insights

When looking to buy or rent property in areas similar to Indira Nagar, Bangalore, remember these:

• Go for spots well-connected to public transport and major roads and airports.
• Look into the area’s infrastructure, both present and future plans.
• Pay attention to real estate market trends, like property prices and rental yields.
• Make sure there are good schools, hospitals, and recreational spots.
• Consider nearby job opportunities, especially if you are employed.

While Indira Nagar in Bangalore serves as a good example, always conduct an analysis for the specific area you're eyeing, be it Indira Nagar in New Delhi or another location.