Tenants flock to Chattarpur, South Delhi, because of the low rental costs.

In urban cities, majority renters want well-connected neighbourhoods with easy access to their employment.

Chattarpur, in South Delhi, is one such location that offers direct access to key locations in the Delhi NCR via a well-developed metro and road network. Chattarpur has a lot of 1- and 2-bedroom apartments, with rents ranging from Rs 6,000 to Rs 14,000 a month.

Chattarpur lies on the National Highway 148A, which runs from Delhi to Haryana’s Gurgaon. Chattarpur, a major South Delhi neighborhood, is known for its luxurious farmhouses geared at the upper crust. But the neighborhood has experienced a significant inflow of renter population due to fast commercial construction, enhanced connection via the Delhi Metro, and cost-competitive renting alternatives. Chattarpur’s rental inventory consists of of1- and 2-bedroom flats in separate builder floors.

Superior interconnection

The Delhi Metro’s Yellow Line connects Chattarpur to the rest of the city. It is immediately connected to Gurgaon, New Delhi Railway Station, Connaught Plaza, and the Central Secretariat, among other significant areas in the city, by a specialized metro station. The region also has a well-developed road system. It is connected to the main commercial belts in Gurgaon, such as the DLF Cyber City, MG Road, and Golf Course Road, via the National Highway (148A), and the Sri Aurobindo Marg provides direct access to the Indira Gandhi International (IGI) Airport, which is around 11 km. away.

When online asked people to rank Chattarpur, the majority of respondents commended the city’s connection. Nisha, a tenant, spoke about the public transportation, well-kept roads, abundant street lighting, and fast metro access only 15 minutes away. Most inhabitants, on the other hand, cited high pollutant concentrations and occasional water shortages as serious difficulties.

Affordability

As compared to other options surrounding Chattarpur, the region has a low cost of living. Monthly rentals in nearby areas like Vasant Kunj and Saket are far more than 10% higher than Chattarpur, as per Aman Kapoor, owner of Divine Frank Realty. A 1 BHK layout in Chattarpur, for example, costs approximately Rs 6,000 per month, whereas a structure similar in Saket and Vasant Kunj costs between Rs 14,000 and Rs 16,000 per month. Overall rental rates in Chattarpur have remained range-bound due to increased inventory supply in the favoured category.Chattarpur also has a number of high-end farmhouses, most of which are 5 BHK or larger. Despite the fact that many homeowners lease out these homes, transactions are few and far between given the high-ticket size.

Commercial centers are close by

Chattarpur has benefited from Gurgaon’s growth as a major business centre. The rental movement in Chattarpur has seen a substantial increase due to its proximity to commercial zones on MG Road, NH-8, Golf Course Road, and Golf Course Road Extension.

Folks working in Central and South Delhi’s business centres like Vasant Kunj and Connaught Place often call Chattarpur home, thanks to easy metro connections to such locations.

According to Sumit, owner of Ambe Estate, the majority of land built in Chattarpur is either near or inside the Lal Dora neighbourhood. The government, on the other hand, is considering re-establishing colonies and settling property title difficulties. This step will aid in the correct development of Chattarpur’s infrastructure.”

Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.

Bookmark

No account yet? Register

(Visited 200 times, 1 visits today)

Leave a comment

Your email address will not be published.

Buy and Sell Properties
25k+ Properties
241+ Location
311+ Agents
1Lac+ Customers