Lajpat Nagar, New Delhi

Property Types
Apartments, Office Spaces

About

Overview of Lajpat Nagar, New Delhi

Lajpat Nagar, nestled in South East Delhi, is a bustling and diverse area that blends residential and commercial real estate, attracting both buyers and renters alike.

Location and Connectivity
Types of Properties
Residential Properties
  • This locality mainly houses builder floor apartments, independent homes, villas, and bungalows.
  • Housing colonies in the mix include Amar Colony, Dayanand Colony, Nirmal Puri, and Vikram Vihar.
Rental Properties
  • Tons of rental choices such as 1, 2, and 3 BHK flats, builder floors, furnished and semi-furnished properties, houses for lease, and standalone houses.
Pricing and Rent
Purchase Prices
  • The going rate for residential apartments is roughly ₹14,400 per square foot, with a noticeable 43.5% year-on-year surge in value appreciation.
  • A 2 BHK flat sees prices from ₹92.5 lakhs to ₹1.36 crore, while the average is around ₹12,800 per square foot.
Rental Rates
  • Rental rates span various budgets:
    • Below ₹20,000/month: Multiple options
    • ₹20,001 to ₹30,000/month: Many available
    • ₹30,001 to ₹50,000/month: Numerous choices
    • ₹50,001 to ₹75,000/month: Quite limited but offered
    • Above ₹75,000/month: Posh options.
  • Sample listings include a 3 BHK builder floor for ₹70,000/month and a 3 BHK independent house for ₹85,000 to ₹95,000 a month.
Amenities and Infrastructure
Educational Institutions
  • Close to numerous top educational centers like Shaheed Hemu Kalani Sarvodaya Bal Vidyalaya, Delhi Model Virtual School, and Tagore International School.
Medical Facilities
  • Access to first-class medical facilities including IBS Hospital, Max Super Speciality Hospital, and Moolchand Hospital.
Shopping and Markets
  • Famous for its Central Market, Asia’s largest ladies suit market, and other local shopping spots.
Public Transport
  • Plentiful bus stops and easy access to public transport.
Social and Leisure Activities
  • A thriving social scene, dynamic nightlife, and many local markets contributing to its appeal among families and young professionals.
Drawbacks
Environmental Concerns
  • Severe smog and low air quality that could result in long-term health issues.
Traffic and Crowding
  • Heavy traffic on main arteries and crowding, making it hard to find quiet spots.
PropertyWala's Conclusion

Lajpat Nagar provides a dynamic and balanced living scenario with its mix of residential and commercial spaces, excellent connectivity, and access to top-notch amenities. Though it has some environmental and traffic-related drawbacks, the locality's growth potential, attractive property prices, and dynamic lifestyle make it a compelling choice for both buyers and renters. It’s important to consider the pros and cons to determine if this locality suits your specific needs and preferences.

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Sale Properties

Rental Properties

Office Space for rent in East Of Kailash, New Delhi
₹ 28,000

Office Space for rent in East Of Kailash

₹ 28,000

  • 450 SqFeet
  • ₹62/SqFeet
  • Immediate

Office Space near East of Kailash South Delhi

: 450 sq ft, Fully AC and Furnished Two Cabins with 6 Seats, Swanky Toilet and 6 Seats , False Ceiling and Carpeted. .
Posted: by Munish Chopra

Price Trends

Also known as: LAJPAT NAGAR MAIN, Lanjpat nagar
Locality ID
A329126111
PinCode
110024