Overview of Palam Enclave, New Delhi

Location and Connectivity

• Palam, a noteworthy residential area, lies in South West Delhi.
• It boasts excellent links to the city via roadways, railroads, and metros. Major routes include Dwarka Road, Kailashpuri Road, and Outer Ring Road.
• Palam Railway Station and Palam Metro Station (on the Magenta line) make commuting very easy.

Real Estate Market

Property Prices

• In Palam, properties start at ₹3,333 per sqft, with an average of ₹6,774 per sqft. Top-end properties can reach ₹25,000 per sqft.
• Although prices fell by 0.21% last year, Palam still offers good returns for buying and trading.

Types of Properties

• Palam has many kinds of homes, like apartments, independent houses, and builder floors. Some top places to stay are Crown Residency CGHS, Durga Apartment, and Innovative Luxurious Homes.
• Renting options are also diverse with 1/2/3 BHK flats, builder floors, and independent houses, both furnished and semi-furnished.

Social Infrastructure

Schools

• Many top schools surround Palam. They include Modern International School, JM International School Dwarka, MDH International School, and Vandana International School, all within a 5 km radius.

Healthcare

• Key hospitals in the area include Agrasen Hospital, Divya Prastha Hospital, Singhal Hospital, and the Mangla Puri CGHS dispensary.

Shopping and Entertainment

• Popular markets like Ram Chowk feature over 1000 shops. For larger shopping and entertainment, City Centre Dwarka, Vegas Mall, Pacific Mall Tagore Garden, and Ambience Mall Vasant Kunj offer more variety.

Amenities

Local Facilities

• Palam has numerous places like temples, gurudwaras, shops, and more that boost the local real estate market.
• There are ample local bus stops and services to connect Palam with other city areas.

Fitness and Leisure

• Gyms such as Prime Fitness Gym, IRON BONE GYM & SPA, and The Health World Gym are nearby for fitness needs.

Neighborhoods

• Palam is near famous neighborhoods like Janakpuri, Qutub Vihar, Manglapuri, Uttam Nagar, and Raj Nagar.

PropertyWala's Conclusion

Palam Enclave in New Delhi is a promising spot for property buying or renting. With great social and physical amenities, excellent connectivity, and varied housing options, it’s a top pick for investors and regular buyers alike. Palam’s closeness to infrastructure like Indira Gandhi International Airport, quality schools, and healthcare services makes it even more appealing. Though property prices dipped slightly, the area shines as a profitable and cherished real estate option.