Overview of Mohan Garden, New Delhi

Location

Mohan Garden is situated in the West Delhi region, near other popular areas like Uttam Nagar and Razapur Khurd.

Property Prices

• Average Price per Sqft: Properties in Mohan Garden generally cost between Rs. 5,219 and Rs. 5,274 per sqft, depending on the specific area.
• Price Range per Sqft: Prices start at Rs. 2,870 per sqft and can reach up to Rs. 12,962 per sqft.
• Specific Areas:
  • Block W in Mohan Garden sees prices from Rs. 4,000 to Rs. 5,700 per sqft for builder floors.
  • In Uttam Nagar, prices range from Rs. 4,133 to Rs. 8,024 per sqft.

Property Types and Costs

• Builder Floors: Prices range from Rs. 4,000 to Rs. 5,700 per sqft.
• Residential Properties: Residential properties generally cost between ₹13.5 Lac and ₹98.5 Lac.

Year-over-Year (YoY) Price Trends

• General Trend: Property rates show mixed trends. In some areas, there was a 19.48% drop last year, while in others, there was a 25.5% rise.
• Specific Areas:
  • In Mohan Garden, Razapur Khurd, property rates fell by 19.61% over the last year.
  • In Mohan Garden, Uttam Nagar, property rates increased by 25.5% over the last year.

Investment and Market Insights

• Current Market: The price trends suggest that buying and selling properties in Mohan Garden can be profitable now, depending on the specific location and market conditions.
• Investment Potential: Understanding these trends is crucial for investors to find the right time to buy or sell properties in this locality.

Amenities and Surroundings

• Neighboring Localities: Mohan Garden is near Uttam Nagar and other well-connected areas, offering a range of amenities and services.
• Local Amenities: While specific details aren't provided, the proximity to major localities suggests access to schools, hospitals, markets, and transportation.

PropertyWala's Conclusion

Mohan Garden in New Delhi offers a diverse real estate market with varying price trends and opportunities. Potential buyers or renters should carefully consider the specific area within Mohan Garden, as prices and YoY trends can differ significantly. The locality's proximity to well-connected areas and the range of property types available make it a worthwhile option for both residential and investment purposes. However, it's essential to stay updated on the latest market trends and conduct thorough research before making any decisions.