Overview of Vikram Vihar, New Delhi

Vikram Vihar, in the Lajpat Nagar area of New Delhi, stands as a hub for urban living. This area mixes residential and commercial properties. Let's examine some real estate aspects concerning Vikram Vihar:

Pricing and Affordability

If you're planning to buy, know that properties in Vikram Vihar are priced differently but are mostly premium. A 3 BHK flat here can cost from ₹1.15 crores up to ₹2.30 crores. The average price hovers around ₹2.27 crores. Rentals are a bit more reasonable. 3 BHK flats rent from ₹50,000 to ₹73,600 per month.

Property Types and Amenities

Vikram Vihar showcases a variety of property types like multi storey apartments and standalone buildings. There are 3 BHK flats in residents associations or as standalone buildings, often featuring bike parking. Some offer fully furnished options.

Space and Layout

This locality typically features spacious living areas. Example: a 3 BHK flat here can range from 1,125 sqft to 1,266 sqft. You’ll usually find multiple bathrooms, and properties mostly face east, appreciated for natural light and ventilation.

Location and Connectivity

Located near key places like Moolchand Medicity, Vikram Vihar caters to those seeking medical facilities. It's also close to metro stations, making it appealing to commuters.

Rental and Purchase Options

Whether you prefer buying or renting, your options vary in Vikram Vihar. Renters get flexible rent options and moderate security deposits. Buyers can choose apt housing based on budget and needs.

PropertyWala's Final Assessment

If you are contemplating buying or renting in Vikram Vihar, New Delhi, you need to consider its prime spot, roomy living spaces, and various price ranges. Vikram Vihar balances affordability and luxurious living, making it attractive for both long-term and investment needs. Thanks to good connectivity and closeness to essential amenities, Vikram Vihar remains a popular choice in Delhi’s heart.