Nehru Place, New Delhi

Property Types
Office Spaces

About

Overview of Nehru Place, New Delhi

Nehru Place, a locality positioned in the southern part of New Delhi, stands out significantly from a real estate perspective. It's known for both commercial and residential properties.

Strategic Location and Connectivity

Nehru Place features great connectivity. It's near important places in South Delhi, like Kalkaji Mandir, Lotus Temple, Akshardham Temple, and Lajpat Nagar. Plus, there's a metro station on the Violet Line of the Delhi Metro and close by, there are Kalkaji Metro Station and Chirag Dilli Metro Station. The area also links well with major roads, like Delhi-Meerut Road and National Highway 2 (NH 2).

Commercial Significance

This place is famous as India’s largest electronics market, filled with numerous electronic gadgets and services. It hosts significant companies like TCS, Infosys, and Wipro. It’s also where many MNCs and startups come in, like Techpark India, DBS Business Center, and L&T Business Park. This makes it a top pick for working people.

Infrastructure and Amenities

In terms of infrastructure, Nehru Place provides cutting-edge services. Think well-designed roads, public amenities like banks and ATMs, hospitals (including Fortis C-Doc Hospital and Sukhda Hospital), restaurants, malls such as DLF Courtyard Mall and Select Citywalk Mall, and recreation areas. Also, there are advanced residential projects such as the ready-to-move apartments in Devika Tower.

Real Estate Market

Nehru Place offers great chance for real estate investments. Expect an average property price from ₹12,900 to ₹22,000 per square foot. Nearby big financial centers and upcoming Noida International Airport make it even more valuable. Plus, the Yamuna Expressway improves the potential in both rental yields and appreciation.

Rental Options

Nehru Place is perfect for various rental choices. You can find flats with 1, 2, 3 bedrooms, offices, or commercial spaces. Prices change based on budget and preferences, ranging from budget to high-end. For instance, an unfurnished 1 BHK house starts around ₹8,000 monthly.

Challenges and Considerations

Despite all the benefits, there are some challenges to consider. Broken roads and street lamps cause water logging problems. Sometimes the metro station gets crowded. And there's air pollution due to a lot of vehicles. Moreover, Nehru Place can be pricey due to its amenities and facilities.

PropertyWala's Final Assessment

Nehru Place in New Delhi comes highly recommended for buyers and renters, especially those in the IT industry or wanting a bustling commercial and residential setup. It boasts strong infrastructure, great connectivity, and so many amenities for an excellent living and working experience. It’s important to note the areas where it can fall short—like water congestion and air pollution. Nonetheless, it harmonizes commercial importance with residential comfort, marking itself as a top spot in Delhi's real estate world.

Reviews

Nehru Place is famous Computer Market with lots of Business Centres. It is completely commercial Market. Flats here are easily rented out for Commercial purpose. Maintenance is done well by the Flat Owners' Association.

Pros
  • Renting out is easy as it is completely Commercial Market.

Nehru Place is one of the busy market of Delhi. Renowned in Asian software market.

Pros
  • Good Accesibility
Cons
  • Very crowded market

Centrally located with good connectivity to Connaught Place, Noida, Gurgaon as well as Faridabad by Metro.

Pros
  • Metro Station
  • Easy Acess to Delhi / NCR
  • Corporate and IT Hub
Nehru Place, New Delhi is rated 8 out of 10 based on 3 user reviews.
Disclaimer: The reviews are opinions of PropertyWala.com members, and not of PropertyWala.com.

Write a review of Nehru Place and become a Locality expert!

  • Post an informative review and get 1 additional basic property listing FREE of cost*.
  • Your review will be displayed prominently on your property listing page and other pages on the website.
  • For Brokers & Builders: Your review will be displayed on your profile and your profile will get more visibility from all the pages your review appears on.
* The review must be factual, informative and unique.
Please try to write your review from a neutral point of view.
Pros:
Enter some positive aspects of Nehru Place
Cons:
Enter some negative aspects of Nehru Place

Projects

Devika Tower - Nehru Place, New Delhi

Devika Tower

Nehru Place, New Delhi

  • Completed
  • Aug, 2008

Commercial Office/Spaces

: Devika Tower is one of the most prestigious commercial project that Pragati Group undertook in 1980’s. It is situated right next to Nehru Place Main road.

Sale Properties

4 Bedroom Apartment for sale in Greater Kailash I, New Delhi
₹ 10.5 Cr

4BHK Flat for sale in Greater Kailash I

₹ 10.5 Cr

  • 2,763 SqFeet
  • ₹38,002/SqFeet
  • Immediate

New Ultra Luxury Builder Floor For Sale in Greater Kailash South Delhi

: New Ultra Luxury Builder Floor For Sale in Greater Kailash South Delhi Top builder construction, Fully Loaded Modern Kitchen, Spacious Drawing / Dinning / Living Area Elegant and Versatile Layout, Modern Bathroom Fittings, High Speed Elevators, Power back up, Best Quality Fittings and Fixtures...
Office Space for sale in Devika Tower, Nehru Place, New Delhi
₹ 7.25 Cr

Office Space for sale in Nehru Place

₹ 7.25 Cr

  • Devika Tower
  • Immediate
  • 2,900 SqFeet
  • ₹25,000/SqFeet

Office Space

: Devika Tower is one of the most prestigious commercial project that Pragati Group undertook in 1980’s. It is situated right next to Nehru Place Main road.
Office Space for sale in Devika Tower, Nehru Place, New Delhi
₹ 18 L

Office Space for sale in Nehru Place

₹ 18 L

  • Devika Tower
  • Immediate
  • 225 SqFeet
  • ₹8,000/SqFeet

Office Space

: Devika Tower is one of the most prestigious commercial project that Pragati Group undertook in 1980’s. It is situated right next to Nehru Place Main road.

Rental Properties

Price Trends

Also known as: Devika Towers, Behind city Park Hotel
Locality ID
A911329481
PinCode
110011