Overview of Okhla Industrial Estate Phase-III, New Delhi

Okhla Industrial Estate Phase-III, nestled in South Delhi, is a sought-after area for commercial and residential development. Here are key points from a real estate view:

Location and Connectivity

Okhla Phase-III boasts great connectivity near main transport links. It's just around 1 km from the Govindpuri and Okhla NSIC metro stops, making it handy for public transport. Plus, it's well-linked to Central Delhi, Noida, and Faridabad and is about 18-22 km from the Domestic and Indira Gandhi International Airports.

Property Prices

Thanks to its prime spot, property costs in Okhla Phase-III are noteworthy. For businesses, prices vary based on the type and size of the property. For dwellings, you'll find 3 BHK flats at various price points, typically between ₹6,000 to ₹28,050 per square foot. The average residential prices are high, showcasing this area's demand and reputation.

Amenities and Infrastructure

Okhla boasts top amenities especially in commercial spaces. These come with round-the-clock security, CCTV cameras, dedicated high-speed elevators, backup power, and firefighting gear. Plus, there are good parking spots, good phone, voice, and data services, plus proper wastewater and sewer systems.

For residential spots, while amenities can differ, you often find lifts, parking for cars and bikes, and close proximity to schools, clinics, and malls. Nearby are several 5-star hotels, eateries, and facilities like Apollo Hospital.

Commercial Significance

Okhla Phase-III is in the renowned South Delhi business district, making it perfect for corporate offices. Offering modern offices with a social atmosphere, it's great for firms desiring easy work-life blending.

Types of Properties

In Okhla Phase-III, you’ll spot various options for buy and rent like industrial buildings, commercial offices, residential flats. Industrial buildings vary from older builds to modern ones in different sizes. Residences come as fully, semi, or unfurnished flats in various designs.

PropertyWala's Insight

If you're thinking of buying or renting in Okhla Industrial Estate Phase-III, it's a spot that hits a great mix of prime location, good connectivity, and strong infrastructure. Hefty property prices speak to the area's prestige and demand, marking it as a strong investment. Its top-notch amenities and excellent place make it a prime real estate target in South Delhi.