Mehrauli, New Delhi

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Overview of Mehrauli, New Delhi for Real Estate

Mehrauli, a historic and vibrant area in South Delhi, presents a rich variety of real estate choices for both buyers and renters.

Property Types and Prices

Buyers in Mehrauli can choose from various properties, including flats, builder floors, standalone houses, villas, and office spaces. Prices fluctuate greatly depending on the property type and size. For instance, you can find 1 BHK builder floors starting at around ₹27 lakhs, 2 BHK builder floors from ₹54.5 lakhs, and 3 BHK apartments from ₹58 lakhs. For the luxury seekers, there are 6+ BHK villas priced around ₹1.25 crores.

Rental Options

Those looking to rent will find many furnished and semi-furnished options in Mehrauli. Rental prices differ based on the neighborhood and property type. One could lease a 1 BHK flat from ₹18,000 per month; a 2 BHK flat ranging from ₹12,000 to ₹16,000 per month; and for a 3 BHK flat, expect to pay starting ₹20,000 per month. Various societies like Mehrauli RWA, Royal Green Apartment, and Metro Apartment offer rents from ₹5,000 to ₹27,000 per month.

Property Rates and Trends

The average property rate here is about ₹5,136 per square foot, with prices beginning at ₹2,857 per square foot. However, last year saw a decline of 25.16% in property rates, potentially making it an opportune moment for buyers and investors.

Infrastructure and Development

Mehrauli will also benefit from several important upcoming infrastructure projects. The Delhi Metro's Golden Line will improve connectivity through Kishangarh and Vasant Kunj stations. Plans to widen Mandi Road and a tunneled road linking Shiv Murti interchange to Nelson Mandela Marg aim to ease traffic congestion. Also on the agenda is the redevelopment of the Mehrauli Archaeological Park to boost the locality’s appeal.

Lifestyle and Amenities

Mehrauli offers a blend of historical charm and modern amenities. The area is home to well-developed societies like Royal Green Apartment, Venus Apartments, and Aashirvaad Apartment, each providing a unique lifestyle. With its rich cultural and historical significance, it stands out as an attractive area for those who appreciate heritage and convenience.

PropertyWala's Verdict

Mehrauli comes highly recommended for both buyers and renters, thanks to its wide range of properties, future development projects, and deep cultural roots. While current property rate trends hint that now might be a great time to invest, potential buyers should consider all pros and cons according to their needs. Renters benefit from ranges of affordable to luxury housing within different budgets. All in all, Mehrauli is exceptional in balancing the historical charm with the modern convenience, making it an enticing prospect for real estate investment in New Delhi.

Reviews

Mehrauli is not just a place to live but a place to experience different cultural festivals & histories. A historical place to live in with all basic amenities available within a very short distance. Mehrauli, a hub of shopping place not just for mehraulians but for near by places also. People from nearby places used to come mehrauli for buying fresh vegetables & fruits.Famous archaeological sites like Bhool Bhuliyan & Qutub Minar is also in Mehrauli. Here,like is great with full of joy & new healthy experience.

Pros
  • Banks
  • Markets,Basic Amenities available
  • Bus Terminal,parks, Library
Cons
  • Few kilometers away from Metro Station.

Mehrauli is one of the oldest historical place, surrounded by many monuments belongs to Yr 1400 or so. It is a combination of rural as well as urban establishments. As compared to any other place in Delhi, Mehrauli have less , less noise or any other kind of pollution. Mehrauli is also a favourite destination for documentaries directors and movie directors. From transportation prospective bus terminal, Metro and Auto/Taxi stand are in range of less then 1 Km. From Kitchen prospective then Mehrauli have the biggest Vegetable Mandi, where one can get fresh vegetables at very nominal price as compared to any other place which cost them 3 to 4 times. People from Vasant Kunj, Kishangarh, Chhatarpur , Saket , Hauz Khas, green park come on Saturday and sunday to buy weekly vegetables. Mehrauli also have 3 Holy places Yogmaya Mandir, Jain Mandir & Dargaha, which touch base crores of the people in India.

Pros
  • Landscape is like hilly station
  • Less pollution. peace loving people can opt for it
  • Very good views from terraces for whole Delhi
Cons
  • Interior of Mehrauli are slightly crowded, being old establishments
  • Slightly hilly

Mehrauli is a best place to live in. All basic amenities easily available. Nearby Gurgaon and airport. AIIMS is also very nearby. With metro stations I.E qutub ,saket and chhatarpur.

Pros
  • Best Location
Cons
  • Little bit crowded
Mehrauli, New Delhi is rated 6 out of 10 based on 3 user reviews.
Disclaimer: The reviews are opinions of PropertyWala.com members, and not of PropertyWala.com.

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Sale Properties

2 Bedroom Flat for sale in Nirvana Flats, Chattarpur, New Delhi
₹ 40 L

2BHK Flat for sale in Chattarpur

₹ 40 L

Apartment / Flat

: Nirvana Apartments is one of the popular Residential Developments as well as semi furnished apartments in Chattarpur most evaluated area in Delhi.

Rental Properties

Price Trends

Also known as: Village Mandi, Mehrauli, ward no.6, Ladha Sarai Village, Islam Colony, Vikash Hospital, 1064A, Ward No. 7 Mehrauli
Locality ID
A111330121
PinCode
110037