Shanti Niketan, New Delhi

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Real Estate Analysis in Shanti Niketan, New Delhi

Shanti Niketan, sitting right in the center of South Delhi, is super popular among buyers and renters because of its prime spot, fancy amenities, and safe surroundings.

Different Kinds of Properties and Costs

This place has various property types, including builder floors, villas, and apartments. The prices can be quite different, showcasing the luxury and specialness of the location. For instance, 4 BHK builder floors might cost anywhere from ₹8.32 Cr to ₹25 Cr, based on the built-up area which ranges from 3700 Sq.Ft to 11000 Sq.Ft.

Luxury and Features

Shanti Niketan stands out with its very luxurious properties, boasting features like automated systems, elevator services, elevated parking, and large interiors. Many places here are placed near parks, jogging tracks, and cycling paths, offering a healthy and green living environment.

Cost Patterns

Properties in Shanti Niketan start at roughly Rs. 20,833 per square foot, with an average price of around Rs. 32,568 per square foot. The top-end properties might fetch up to Rs. 48,611 per square foot, pointing towards a high-end market.

Renting Options

People looking to rent can find builder floors and apartments in Shanti Niketan. Rental costs range from ₹35,000 to ₹4.5 Lac per month, with average rents per square foot varying according to the property type. For example, 4 BHK builder floors could generally be leased for ₹4 Lac to ₹4.5 Lac per month.

Location Perks

The area is well-linked and is near other posh regions such as Vasant Vihar, Anand Niketan, and Moti Bagh. Its closeness to shops, central points, and entertainment zones makes it a top pick for families and individuals alike.

Expert Opinion by PropertyWala

Shanti Niketan in New Delhi is an outstanding choice for those aiming for top-notch residential properties, either to buy or rent. With its luxurious amenities, central location, and secure environment, it’s a highly desirable locality. A broad array of property options exists to meet different budgets, making Shanti Niketan perfect for anyone interested in investing or living in one of Delhi’s most prestigious locations. Nevertheless, it’s important to closely review the price trends and specific property details to find the best match for your needs and budget.

Reviews

SHANTI NIKETAN is an exclusive housing colony in the very heart of New Delhi. It was developed by the Government of India in the 1960s as a housing colony for government officials. Over the time, area has evolved as the most highly prized real estate in the capital, with the highest value.

Pros
  • Very well located, green and peaceful.
  • Basic amenities are all very nearby
  • Forthcoming double metro rail 1 km away.
Cons
  • Low availability of plots
  • Lack of clear titles with most plots
  • Weak Society which seems to be in builder lobby grip.
Shanti Niketan, New Delhi is rated 5 out of 10 based on 1 user reviews.
Disclaimer: The reviews are opinions of PropertyWala.com members, and not of PropertyWala.com.

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Also known as: santi niketan, Shanti NKT
Locality ID
A432221113
PinCode
110021