Overview of Prithviraj Road Area, New Delhi

Location and Exclusivity

• Prithviraj Road is located in Central Delhi, known for its prestigious and exclusive area. It's adjacent to prominent places like Khan Market and Lodhi Garden, making it a highly coveted address[5).

Types of Properties and Pricing

• The area has different property types, such as:
  • Plots: Available with prices from ₹62 lakhs to ₹1.24 crores, with an average price per sq.ft. of ₹6,888.
  • Villas: High-end villas priced around ₹650 crores, with an average price per sq.ft. of ₹5.9 lakhs.
  • Builder Floors: Cost around ₹15 crores, with an average price per sq.ft. of ₹1.11 lakhs.
  • Independent Houses: Luxury homes priced at ₹210 crores or more, with average prices per sq.ft. at ₹1.06 lakhs.
  • Apartments: Available in various configurations like 3 BHK, 4 BHK, and larger, with prices reflecting the area's exclusivity. For instance, a 3 BHK apartment with a 2000 sq.ft. built-up area could have significant value attached to it.

Price Trends

• Starting prices on Prithviraj Road are about ₹141,428 per sq.ft., with average prices also at ₹141,428 per sq.ft. This suggests a market that is both stable and high-value.

Amenities and Features

• Properties here come equipped with luxurious amenities, including:
  • Spacious bedrooms with attached bathrooms
  • Large drawing and dining areas
  • Modular kitchens
  • Servant quarters
  • Abundant car parking
  • Central air-conditioning
  • Exclusive terraces and front lawns.

Neighborhood and Lifestyle

• The neighborhood houses diplomats, expats, high-profile businessmen, and CEOs of top firms. It provides a secure and elite environment, enhancing residents' quality of life.

Rental Options

• For rental seekers, there are options available like furnished and semi-furnished 1/2/3 BHK flats, as well as commercial spaces. The rental costs typically match the high standard of living here.

PropertyWala's Conclusion

Prithviraj Road in New Delhi offers a special chance for those looking for luxury and exclusivity. Due to its prime location, high-end properties, and luxurious amenities, it stands out as a desirable place for those valuing prestige and a high quality of life. However, it also involves substantial costs, reflecting its elite status as one of the most prestigious addresses in the country. Would-be buyers or renters should factor in the significant expenses but can anticipate an unparalleled lifestyle.