Overview of Jahangirpuri Industrial Area, New Delhi

Location

Jahangirpuri Industrial Area lies in the northern part of New Delhi, specifically in North West Delhi. It's ideal for those needing access to different city parts.

Property Types

• Residential Properties: You'll find a mix here, with apartments and residential plots. It's a popular commercial and residential zone.
• Commercial Properties: Many commercial options, including industrial land, offices, and other business spaces, exist here. It's an excellent spot for both residential and commercial investments.
• Industrial Land: Specifically designated plots for industrial use are for sale, good for businesses looking to start or expand.

Pricing

• The average price per sq-ft is around Rs. 4022, giving a market benchmark for potential buyers and renters.

Nearby Localities

• Badli: Known for industrial and residential zones.
• Rohini: A fully developed residential area.
• Bhalswa Jahangir: Another residential neighborhood. These areas boost the connectivity and amenities around Jahangirpuri Industrial Area.

Market Trends

• Property prices on GT Karnal Road have fluctuated, with prices about 3% lower from Oct-Dec '23 through Jan-Mar '24. It shows a dynamic market that may provide investment opportunities.

Amenities and Infrastructure

• Connectivity: The area is conveniently positioned in North West Delhi, making access to city parts effortless.
• Infrastructure: With industrial and commercial activities, there's usually developed infrastructure here—transportation, utilities, and essential services.

PropertyWala's Conclusion

If you're considering buying or renting in Jahangirpuri Industrial Area, it's a good place for balanced residential and commercial prospects. Its strategic setting, mix of property kinds, and evolving market trends make it a compelling option for investors and users alike. Yet, it’s vital to study market conditions, pricing, and your specific business or living needs thoroughly before deciding.