{"id":5567,"date":"2022-02-24T14:20:06","date_gmt":"2022-02-24T14:20:06","guid":{"rendered":"https:\/\/www.propertypistol.com\/blog\/?p=5567"},"modified":"2022-02-28T16:07:29","modified_gmt":"2022-02-28T16:07:29","slug":"in-ip-extension-delhi-excellent-connection-boosts-rental-demand","status":"publish","type":"post","link":"https:\/\/www.propertypistol.com\/blog\/in-ip-extension-delhi-excellent-connection-boosts-rental-demand\/","title":{"rendered":"In IP Extension, Delhi, excellent connection boosts rental demand"},"content":{"rendered":"\n<p><em>Indraprastha Extension (IP Extension) is located in <a href=\"https:\/\/propertypistol.com\/delhi\" data-type=\"URL\" data-id=\"https:\/\/propertypistol.com\/delhi\" target=\"_blank\" rel=\"noreferrer noopener\">East Delhi<\/a>, roughly two kilometers from Patparganj Industrial Zone, a major employment center. <\/em><\/p>\n\n\n\n<!--more-->\n\n\n\n<p>The Sahibabad Industrial Zone is around seven kilometers from the Laxmi Nagar Commercial Complex, that comprises government buildings, commercial firms, and governmental agencies. IP Extension&#8217;s rental demand has been fueled by its strategic location and convenient connection through public transportation. By Reports, former and current tenants gave this location a 4.5 out of 5 rating. The categories of &#8216;interconnection,&#8217; &#8216;environment,&#8217; and \u2018safety&#8217; received the highest scores, with &#8216;lifestyle&#8217; keeping pace behind. IP Extension rental costs vary between Rs 13,000 to Rs 26,400 per month (Insider report).<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_69 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.propertypistol.com\/blog\/in-ip-extension-delhi-excellent-connection-boosts-rental-demand\/#Factors_that_are_driving_IP_Extension_rental_demand\" title=\"Factors that\nare driving IP Extension rental demand\">Factors that\nare driving IP Extension rental demand<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.propertypistol.com\/blog\/in-ip-extension-delhi-excellent-connection-boosts-rental-demand\/#Proximity_to_job_centers\" title=\"Proximity\nto job centers\">Proximity\nto job centers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.propertypistol.com\/blog\/in-ip-extension-delhi-excellent-connection-boosts-rental-demand\/#Infrastructure_for_social_and_retail_activities\" title=\"Infrastructure\nfor social and retail activities\">Infrastructure\nfor social and retail activities<\/a><\/li><\/ul><\/nav><\/div>\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Factors_that_are_driving_IP_Extension_rental_demand\"><\/span><strong>Factors that\nare driving IP Extension rental demand<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p><strong>Residential development\nand locational benefit<\/strong><\/p>\n\n\n\n<p>The 14-lane Delhi-Meerut Expressway\nconnects Delhi, Ghaziabad, and other parts of western Uttar Pradesh (UP), while\nthe Ghazipur Road connects Noida and Greater Noida. The IP Extension Metro\nStation and the Mandawali-West Vinod Nagar Metro Station on the Pink Line\nconnect it to the Delhi Metro Network. Furthermore, the Anand Vihar Inter State\nBus Terminal (3 km) and the Anand Vihar Railway Station are both close by (4 km).\nThe Indira Gandhi International (IGI) Airport&#8217;s T1 and T3 terminals are between\n26 and 30 kilometers apart.<\/p>\n\n\n\n<p>The Delhi Development Authority (DDA) apartment complexes,\nCo-operative Group Housing Societies (CGHS), and builder floors make up the\nmajority of the residential development in IP Outgrowth. This neighborhood is\ncharacterized by multi-story apartments, primarily consisting of 2- and\n3-bedroom units, which are the most popular alternative for those looking for a\ntemporary place.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-subtle-pale-blue-background-color has-background\"><tbody><tr><td><strong>Share of residential stock for rent in IP<\/strong>   <strong>Extension<\/strong>   <\/td><\/tr><tr><td><strong>Configuration<\/strong>   <\/td><td><strong>Percentage share<\/strong>   <\/td><\/tr><tr><td><strong>1 BHK<\/strong>   <\/td><td><strong>7<\/strong>   <\/td><\/tr><tr><td><strong>2 BHK<\/strong>   <\/td><td><strong>53<\/strong>   <\/td><\/tr><tr><td><strong>3 BHK<\/strong>   <\/td><td><strong>38<\/strong>   <\/td><\/tr><tr><td><strong>4 BHK<\/strong>   <\/td><td><strong>2<\/strong>   <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Most properties in IP Extension are resale or fully\nprepared, according to Paramjeet Singh Kohli, owner of Kohli Associates. There\nare a few properties in the independent housing class that are still under\ndevelopment. Considerably, under the Master Plan 2021, there are plans to\nreconstruct various housing societies.&#8221; Rentals are also more reasonable\nthan Mayur Vihar, which is only four kilometers away and has nearly identical\namenities. The average monthly rent in Mayur Vihar is Rs 15,000, whereas the\naverage monthly rent in IP Extension is roughly Rs 13,000 per month.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Proximity_to_job_centers\"><\/span><strong>Proximity\nto job centers<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>IP Extension is\nnear to key businesses in Noida in Sectors 57, 59, 60, 62, and 63, in addition\nto Patparganj Industrial Area and Laxmi Nagar Commercial Complex. Galaxy\nBusiness Park, Logix Cyber Park, and Spring Meadows Business Park are among the\nmost important IT parks in such industries.<\/p>\n\n\n\n<p>V P Gupta, the owner of Gupta Properties, believes\nthat the proximity of work opportunities can give considerable rental returns\nand also that the value of the property will rise with in future. Its because\ncommercial development, like housing, educational, commercial, and leisure\nadvancement, guarantees holistic development. IP Extension has benefited from\nthe all-encompassing expansion as well, with a capital appreciation of 3% over\nlast four years and current property values ranging at Rs 10,700 per sq. ft.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-subtle-pale-blue-background-color has-background\"><tbody><tr><td><strong>Monthly rentals in IP                     Extension<\/strong>   <\/td><\/tr><tr><td><strong>Configuration<\/strong>   <\/td><td><strong>Rental values (per month)<\/strong>   <\/td><\/tr><tr><td><strong>1 BHK<\/strong>   <\/td><td><strong>Rs 13,000<\/strong>   <\/td><\/tr><tr><td><strong>2 BHK<\/strong>   <\/td><td><strong>Rs 20,000<\/strong>   <\/td><\/tr><tr><td><strong>3 BHK<\/strong>   <\/td><td><strong>Rs 26,500<\/strong>   <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Infrastructure_for_social_and_retail_activities\"><\/span><strong>Infrastructure\nfor social and retail activities<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>The neighbourhood contains multiple commercial\ncenters and is well connected to reputable schools and healthcare institutions.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-subtle-pale-blue-background-color has-background\"><tbody><tr><td><strong>Monthly rentals in IP                     Extension<\/strong>   <\/td><\/tr><tr><td><strong>Configuration<\/strong>   <\/td><td><strong>Rental values (per month)<\/strong>   <\/td><\/tr><tr><td>1 BHK   <\/td><td>Rs 13,000   <\/td><\/tr><tr><td>2 BHK   <\/td><td>Rs 20,000   <\/td><\/tr><tr><td>3 BHK   <\/td><td>Rs 26,500   <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>&#8220;IP\nExtension offers a good living with schools and hospitals available within five\nkilometers,&#8221; Aman Thakur said of the 99acres neighbourhood. Furthermore,\nplaygrounds are in decent shape, and services such as a petrol station are\nabout a kilometer away. Additionally, there is adequate parking.&#8221;\nNevertheless, critics pointed out that incorrect rubbish management and filthy\nplaygrounds continue to be a problem.<\/p>\n\n\n\n<p>Housing demand is inversely proportional to key locations and nearby cultural and psychosocial facilities. Since these elements increase attractiveness, real estate values continue to climb. Like a result, tenants must consider all of these factors before renting a home.<\/p>\n\n\n\n<p style=\"font-size:12px\"><em><strong>Disclaimer:&nbsp;<\/strong>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<\/em>.\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indraprastha Extension (IP Extension) is located in East Delhi, roughly two kilometers from Patparganj Industrial Zone, a major employment center.<\/p>\n","protected":false},"author":2,"featured_media":5157,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_eb_attr":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[100],"tags":[192],"class_list":["post-5567","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rental","tag-delhi","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>In IP Extension, Delhi, excellent connection boosts rental demand - Real Estate Sector Latest News, Updates &amp; 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