Tilak Nagar, New Delhi

Property Types
Office Spaces

About

Overview of Tilak Nagar, New Delhi

Tilak Nagar, located in West Delhi, is a bustling and well-developed residential area named in honor of Bal Gangadhar Tilak. We'll take a close look at the neighborhood, particularly from a real estate viewpoint.

Location and Connectivity
  • Placed centrally in West Delhi, Tilak Nagar is bordered by neighborhoods like Ashok Nagar, Subhash Nagar, Chaukhandi, and Janakpuri.
  • Easily accessible via the Tilak Nagar Metro Station on Delhi Metro's Blue Line, the locality ensures smooth connectivity throughout the city.
  • Major roads like Najafgarh Road (Shivaji Marg) and Jail Road (Shaheed Bhagat Singh Marg) lead to significant parts in South Delhi and northern regions.
Infrastructure and Amenities
  • The area features solid infrastructure with well-groomed roads and top-rated public transportation.
  • Key facilities include schools like Guru Harkrishan Public School and Mount Global School, hospitals such as Central Hospital and Westend Hospital, and shopping hubs like Pacific Mall and Janakpuri District Center.
  • There are ample parks and garden areas, promoting a healthier lifestyle among residents.
Property Market
  • Price Trends:
    • Begin at around Rs. 3,454 per square foot, the property prices average at Rs. 9,542 per square foot.
    • With a value uplift of 4-6% each year, there's a significant appreciation in property prices.
  • Affordability:
    • Housing options range from modest to luxurious, catering to various income levels.
    • Monthly rent for a 2 BHK apartment averages between ₹ 8,000 to ₹20,000, depending on the exact location, developer, and features.
Investment Prospects
  • Increasing Demand:
    • More people and young professionals are seeking homes here due to favorable job opportunities and convenient access to schools and facilities.
  • Infrastructure Development:
    • Upcoming projects like metro line expansions and road upgrades will boost property values and rental incomes.
  • Rental Income:
    • Near metro stations and business districts, properties have good potential for rental profits.
Challenges and Areas for Improvement
  • Traffic Congestion:
    • Rush hour traffic often causes slow movement, making daily commutes difficult.
  • Parking and Infrastructure:
    • Lack of parking spots leads to unauthorized parking problems. There's also a need for better road infrastructure to manage more traffic.
  • Waste Management and Street Lighting:
    • Enhancing waste disposal and street lighting could significantly improve the locality's quality of living.
PropertyWala's Conclusion

Overall, Tilak Nagar, New Delhi, is a top choice for buyers and renters. It has remarkable connectivity, a balanced mix of residential and commercial spaces, and continuous infrastructure improvement. While it presents promising investment potential with rising prices and rental income, it's essential to tackle challenges like traffic and parking. Still, Tilak Nagar offers a vibrant, convenient living environment for all types of residents.

Reviews

Tilak Nagar is an area in West Delhi. It is surrounded by Subhash Nagar, Hari Nagar, Janak Puri & Vikas Puri and their small areas. Famous for its market & jail road. Tilak Nagar metro station on Blue Line Metro. Most of the people living in Tilak Nagar are Sikhs & Punjabs. Area famous among food lovers. Have 3-4 govt schools. Famous Fateh Nagar gurudwara on Jail Road. The area however is very densely populated and therefore it's very crowded all seven days of the week at any time of the day, specially on Tuesdays when its the weekly market day and people visiting Fateh Nagar gurdwara on Tuesdays.

Pros
  • Big market for all your daily needs
  • Heaps of local eating joints in main market and Jail Road
  • Metro / Bus connectivity, proximity to Janak Puri Dc
Cons
  • Very Crowdy all 7 days
  • Jams & Congestion

Tilak nagar is located by west Delhi. Metro connectivity is present here. Very famous for shopping complex is present here.

Pros
  • Availability of good shopping centers, stores, cinema halls, schools
Tilak Nagar, New Delhi is rated 7 out of 10 based on 2 user reviews.
Disclaimer: The reviews are opinions of PropertyWala.com members, and not of PropertyWala.com.

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Rental Properties

Price Trends

Also known as: Ashok Nagar, Near Tilak Nagar Metro Station, New D, Bhiwadi
Locality ID
A433931113
PinCode
110035