Nanak Pura, New Delhi: A Closer Look

Location and Accessibility

Situated in South Moti Bagh and Hari Nagar, Nanak Pura guarantees good connectivity to important roads, like NH-48 and the Ring Road, making it easy for residents to navigate.

Housing Options

The area features independent floors, serving both affordable and mid-income residents. There are mixed options for purchasers - 1 BHK, 3 BHK apartments, and houses/villas available for sale.

Costs

Within the Hari Nagar part of Nanak Pura, the typical cost per sq-ft is about Rs. 8889. For instance, you might come across a 3 BHK property, but the exact price range isn’t outlined.

Rental Rates

Properties for rent include 1 BHK builder floors and studios beginning around ₹16,000 per month for spaces of 500 to 585 sq ft.

Amenities and Infrastructure

Essential amenities in Nanak Pura encompass residential housing, schools, and hospitals, rendering it a convenient residential spot.

Market Trends

There’s been a small dip in property values within Hari Nagar, which falls under Nanak Pura. For instance, there was a -2% reduction in Q-o-Q prices in 2023 and a -3% drop in 2022.

PropertyWala's Final Say

Nanak Pura, in New Delhi, is a good choice for property purchase or rental, particularly for those on moderate budgets. The region offers good connections, diverse housing choices, and necessary amenities. Those keen on buying should factor in current market trends and costs. All in all, Nanak Pura merges affordability, good connections, and amenities, presenting itself as a strong option for real estate investments in New Delhi.