Overview of New Manglapuri, New Delhi

Location and Accessibility

New Manglapuri sits in the Sultanpur neighborhood of New Delhi, offering easy access thanks to its proximity to vital infrastructure like the Chattarpur Metro Station, making it super convenient for locals.

Property Types and Availability

• House hunters can pick from different property types, like flats, builder floors, and standalone houses.
• Many listings are available across all price levels, from budget-friendly to luxury options.

Price Trends

• Prices for New Manglapuri properties generally start around Rs. 4,750 per square foot, with an average of Rs. 5,703 per square foot.
• Prices stretch from Rs. 4,750 to Rs. 7,083 per square foot, showing a variety of choices for buyers.

Year-on-Year (YoY) Growth

• Property values there saw a 16.08% drop over the last year, making it a great opportunity for those wanting to buy.

Amenities and Facilities

• New Manglapuri properties often feature perks like gated compounds, Thyssen Krupp elevators, digital entry locks, CCTV monitoring, fire extinguishing systems, and fully equipped kitchens.
• The area is also close to schools like Sarvodaya Kanya Vidyalaya and medical facilities such as the Institute of Liver and Biliary Sciences.

Rental Options

• Renting here includes both fully furnished and unfurnished apartments, with monthly costs starting around ₹ 7,500 for a 1 RK flat.

Budget Breakdown

Here is a breakdown of property prices based on the number of bedrooms:

• 1 BHK: ₹ 18 Lac - ₹ 22.5 Lac with an average price per square foot of ₹ 4,500.
• 2 BHK: ₹ 25 Lac - ₹ 55 Lac with an average price per square foot of ₹ 6,700.
• 3 BHK: ₹ 79.99 Lac - ₹ 85 Lac with an average price per square foot of ₹ 7,464.
• 4 BHK: ₹ 75 Lac - ₹ 2.25 Cr., with an average price per square foot of ₹ 7,071.

Safety and Environment

New Manglapuri is famed for being safe and secure, and properties are typically within gated communities with amenities like CCTV surveillance.

PropertyWala's Conclusion

New Manglapuri in New Delhi stands out for both buyers and renters because of its prime spot, modern conveniences, and a wide choice of property types available. Though there has been a decline in property prices recently, the area still offers a blend of affordability and high quality, making it a compelling choice for investment or living. Closeness to indispensable services plus key infrastructure makes the locality attractive, ensuring a comfortable and hassle-free lifestyle.