Overview of Punjabi Bagh Extension, New Delhi

Location and Accessibility

• Punjabi Bagh Extension is located right in the heart of West Delhi, turning it into a prime and sought-after spot.
• The area is well-connected to major parts of Delhi with numerous metro stations nearby, ensuring straightforward public transport access.

Property Prices and Trends

• The starting cost of properties in Punjabi Bagh Extension averages around Rs. 12,121 per square foot, with an overall average of Rs. 18,774 per square foot.
• Prices range from Rs. 10,101 to Rs. 64,646 per square foot, indicating a wide and varied market to suit different budgets.

Types of Properties Available

• Residential Properties:
  • Apartments: Options include 3 BHK and 4 BHK flats, varying in configuration.
  • Builder Floors: Popular choices with prices spanning Rs. 70 Lac to Rs. 9.6 Cr.
  • Independent Houses: Available at a price range from Rs. 15 Cr to Rs. 19 Cr.
  • Plots: Freehold properties offering flexibility for building independent homes or other structures.
• Commercial Properties:
  • Shops and commercial spaces are available, offering various sizes and rental rates.

Amenities and Facilities

• Education: There are several nearby educational institutes, guaranteeing easy access to quality education.
• Healthcare: Close proximity to hospitals and clinics ensures easy, ready access to medical services.
• Transportation: The locality is conveniently close to multiple metro stations, streamlining commuting.
• Lifestyle: Punjabi Bagh Extension provides a luxury-filled, seamless living environment complete with high-end amenities and secure surroundings.

Rental Market

• Shoppers looking to lease can find shops and commercial spaces with rents varying from ₹60,000 to Rs. 7 Lacs per month, according to size and location.
• Residential rentals can show variation, but averages can be estimated from the overall property price trends in the area.

Investment Prospects

• This area has observed a year-over-year price rise of 26.49%, confirming a profitable market for investors.
• Considering both buying and selling, property prices in Punjabi Bagh Extension have proven profitable according to the latest trends.

PropertyWala's Conclusion

Punjabi Bagh Extension showcases a fascinating mix of luxury, accessibility, and investment potential. With its central location, superior connectivity, and diverse property range, it emerges as a tempting option for both homebuyers and investors alike. The upward trend in property prices and a robust rental market underscore its appeal, marking Punjabi Bagh Extension as a smart choice for real estate needs.