Overview of Laxmi Vihar, New Delhi

Location and Accessibility

Laxmi Vihar, in the Nawada area of New Delhi, provides a convenient home location with access to various services and transportation choices. Situated near to Jain Road and Vipin Garden Extension, it suits people looking for a mix of comfort and city proximity.

Property Types and Configurations

• Residential Units: Various residential options are present here, like flats, individual floors, and plots or villas.
• Room Configurations: You mostly find 2 BHK units (two bedrooms, living area, and kitchen), while 3 BHK are also there.

Pricing and Affordability

• Sale Prices: For buying, expect Laxmi Vihar's prices to range from ₹20 Lac to ₹40 Lac, with higher-end choices also there.
• Rental Prices: Rental costs may differ based on the property type and size. Typically, a 2 BHK flat offers good rates.
• Price Per Sq.Ft: The price per square foot is on average Rs. 5,413. Specific ranges could be from ₹4,288/sqft to ₹5,000/sqft.

Amenities and Infrastructure

• Proximity to Amenities: The neighborhood is close to local shops, schools, hospitals, and other vital services.
• Transportation: Major roads and easy access to public transport further make it appealing for buyers and renters.

Market Trends

• Year-on-Year Pricing: Property values remain stable in Laxmi Vihar, indicating a stable real estate market trend.

PropertyWala's Conclusion

If you are searching for a local to buy or rent in Laxmi Vihar, New Delhi, you've got a great spot. It features an honest mix of affordability, reach, and convenience. With lots of 2 BHK flats, it's perfect for small to medium families or singles looking for ease in living. Stable property values and many choices make it great for both investors and residents. Remember to do your research and check the properties in person to make an informed decision.