Overview of Shadipur, New Delhi

Positioned in Area

Shadipur, India’s New Delhi Central, features the postal code 110008. It is near places like Moti Nagar (1.73 Km), Kirti Nagar (2.31 Km), Patel Nagar (2.38 Km), and Baljit Nagar (2.94 Km) also.

Prices of Properties

On Offer

Many residential buildings in Shadipur can be found within two main price ranges: within ₹20 lakh (25% of properties) and ₹40 lakh - ₹60 lakh (21% of properties). Properties like standalone houses generally fall in the ₹30 - ₹50 lakh range.

Per Square Foot

In term of cost, flat averages come to around ₹6,777. The exact price might go from ₹5,555 to ₹8,000 per square foot.

Property Designs

• Residences: Three bedroom units (3 BHK) dominate.
• Detached Homes: They're also available on the market, price according to demand.

Rent Situation

• Charge: A two bedroom (2 BHK) flat might rent at ₹15,000 monthly, plus ₹1,000 for upkeep. You can find and these units ready for occupancy since furnishings are included.

Market Trends

• Previous Prices: Shadipur’s 2023 average price grew 4% each quarter. However, in 2022 there was a sharp 54% dip, but this slowed in the following years.

Facilities and Access

• Transportation: Close to the Shadipur metro station, this makes the area easily reachable.

PropertyWala’s Final Thoughts

When it comes to real estate, Shadipur offers diverse options fitting a range from cheap to mid level budgets. Whether you are buying or leasing, there’s something here. Close proximity to others neighborhoods and transport help make living there appealing. Still, investors and tenants must watch the market and price changes to make wise decisions.