Overview of Preet Vihar, New Delhi

Location and Connectivity

Preet Vihar is an upscale residential neighborhood in East Delhi. Situated where Vikas Marg and Swami Dayanand Marg meet, the area is linked to other parts of Delhi, Noida, and Ghaziabad through the Preet Vihar Metro Station on the Blue Line, which offers easy metro connectivity. It also sits close to Anand Vihar Railway Station and ISBT, roughly 6 km away, and the IGI Airport is some 22 to 23 km away[5/.

Property Types and Prices

• Buying:
  • Property prices in Preet Vihar start at Rs. 10,416 per sqft. On average, you can find properties at Rs. 25,453 per sqft. The most upscale reach up to Rs. 50,813 per sqft.
  • Most properties here are builder-floor apartments, often with three bedrooms.
• Renting:
  • Rents range from Rs. 14,500 to ₹70,000 per month for builder floors. Apartments and other residential units cost between ₹10,000 to ₹90,000 monthly, depending on their setup and extras.

Infrastructure and Amenities

• Residential Complexes:
  • Preet Vihar largely consists of low-rise complexes and builder floors. Around 60% are builder-floor apartments.
• Educational Institutions and Healthcare:
  • Home to several top schools and healthcare services, making it ideal for families.
• Retail and Shopping:
  • The neighborhood holds multiple retail markets and nearby areas feature shopping complexes like V3S, East Delhi Mall, Pacific Mall, and Wave Mall.
• Employment Hubs:
  • You’ll find Patparganj and Sahibabad industrial areas nearby, along with Laxmi Nagar Commercial Complex and key IT parks such as Galaxy Business Park, Mahila Udyami Park, and Logix Infotech Park.

Civic Amenities

• Utilities:
  • Electricity comes from BSES and water from DJB. The area maintains good water and electricity supply, with well-planned roads.
• Challenges:
  • Yet, Preet Vihar does struggle with traffic jams during rush hours and air pollution. Parking space is always a concern.

Lifestyle and Community

• Community:
  • Preet Vihar appeals to various groups like college students, professionals, and large families due to nearby educational institutions and job centers.
• Recreational Facilities:
  • The neighborhood features many attractions and is near many recreational spots, enhancing resident quality of life.

PropertyWala's Conclusion

Preet Vihar, New Delhi, stands out with strong connectivity, impressive infrastructure, and proximity to educational, healthcare, and employment centers. Whether buying or renting, it offers a broad range of property options, from budget-friendly to top-end luxury. However, potential buyers and renters should account for issues like traffic and pollution. Still, its well-planned roads, reliable utilities, and dynamic community make it a solid choice for an investment or residence in East Delhi.