Overview of Loni Road Area, New Delhi

Local Area and Neighbourhood

• Loni Road can be found in the eastern region of New Delhi with a pin code 201102.
• It's surrounded by nearby localities such as Amar Vihar, Ambedkar Nagar Johripur, Ganga Vihar Gokalpur, East Gokalpur, Gokalpuri, and Johripur.

Availability of Properties

• Currently, there are 345 properties for sale and 61 properties for rent on Loni Road.

Pricing Details

For Sale Prices:

• The average cost per square foot on Loni Road is about Rs. 10,451.
• 3 BHK apartments range from Rs. 18 Lac to Rs. 13 Cr.
• Property distribution for sale includes:
  • 23% priced between ₹20 Lac - ₹40 Lac
  • 14% priced between ₹40 Lac - ₹60 Lac
  • 10% priced between ₹60 Lac - ₹80 Lac
  • Other pricing levels.

For Rent Prices:

• The rental price for a 3 BHK goes from Rs. 3,500 to Rs. 60,500.
• Rental properties' ranges include:
  • 48% priced at ₹5,000 - ₹10,000 per month
  • 18% priced at ₹10,000 - ₹15,000 per month
  • 11% priced at ₹15,000 - ₹20,000 per month
  • Other price levels.

Property Type Breakdown

For Sale Types:

• Builder Floor Apartments make up around 36% of all available properties.
• Other types include Residential Houses (25%) and Apartments (19%), along with others.

For Rent Types:

• 2 BHK flats hold around 42% of all properties.
• We also have Residential Houses (20%), Commercial Shops, Apartments, and more.

Facilities and Infrastructure

• Loni Road has well-connected transportation and market vicinity.
• Amenities like parking facilities, homes are well maintained, and a closeness to many amenities are all available in many property listings.

New Developments

• Projects like Risland Sky Mansion, DLF One Midtown, Godrej South Estate, and Unity the Amaryllis are among the few ongoing projects in Loni Road.

Conclusion from PropertyWala

Loni Road in New Delhi offers a diverse real estate market with multiple property choices for both buyers and tenants. This area provides affordable prices, various property types, and good connectivity, making it a good spot for anyone planning to buy or rent. You should consider things like closeness to facilities, transit, and exact requirements one needs from their living space. In summary, Loni Road provides a balanced mix of affordability and quality, making it a great pick for real estate investment in New Delhi.