Why should you invest in Delhi’s Punjabi Bagh?
Punjabi Bagh, a prestigious neighborhood in West Delhi, is separated into east and west halves by the Outer Ring Road. The region is well-known for its accessibility to many sections of Delhi, and it has a strong network of roads and transport services. Owing to its solid social foundation and closeness to commercial centres, investors have long been on the search for homes in the micro-market. Here’s all you need to know about investing in Punjabi Bagh, Delhi.
Real Estate Landscape
Homebuyers can look at a number of investment choices, ranging from low-cost apartments to high-end mansions. In addition to its excellent geographical location, Punjabi Bagh’s beauty is enhanced by its proximity to the Delhi metro. There are several ready-to-move housing societies of various forms in the neighbourhood. DLF Homes, Arora Properties Delhi, Padam Infrastructure, and Marwah Partners are among the notable developers with developments in the neighbourhood. Punjabi Bagh is connected to several retail and commercial centres due to its proximity to other major neighbourhoods such as Paschim Vihar, Rajouri Garden, and Pitam Pura. As a result, the demand for housing in this area stays high.
Although investors may find houses in all price ranges, expensive 4 BHK homes dominate the region. Standalone builder floors account for the majority of the inventory, followed by homes, flats, and plots. A 4BHK flat costs between Rs 2 to 10 crore, with a monthly rental of between Rs 75,000 and Rs 2 lakh. With a two percent year-on-year increase, the price per square foot is approximately Rs 12,000.
Links for connectivity
Two dedicated metro stations on the Delhi Metro’s Green and Pink Lines provide easy access from Punjabi Bagh to the city’s several significant locations and employment centres. Phases 1 and 2 of the Mongolpuri and Mayapuri industrial zones are also less than seven kilometres apart. Furthermore, Connaught Place, the key business centre in Central Delhi, is around 12 kilometres distant.
The Mahatma Gandhi Road leads to the Indira Gandhi International (IGI) Airport, which is roughly 16 kilometres away. Furthermore, traffic to and from Punjabi Bagh is served by Rohtak Road, Outer Ring Road, North Avenue, and Vashisht Kumar Gulla Marg.
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