East Delhi property market: An overview


East Delhi or Trans-Yamuna is mainly an administrative district of Delhi. This area has three sub-divisions, namely Gandhi Nagar, Preet Vihar and Shahdara. The residential hubs are Laxmi Nagar, and Geeta Colony

East Delhi lies in the heart of the city and is an important locality for both residential and commercial purposes. The real estate of East Delhi is well-constructed and many real estate investors invest in this area. There are different types of flats and apartments in East Delhi of different sizes, from 1-BHK to 4-BHK. There are apartments and independent houses too in East Delhi. There are builders in East Delhi like Shri Chirag Associates who are constructing several flats and apartments in this locality.

 

Connectivity with nearby East Delhi localities

  • The distance from East Delhi to Indira Gandhi International Airport is 25.2 kilometres.
  • The distance from East Delhi to New Delhi railway station is 10.8 kilometres.
  • There are several bus stops which help to connect to other places.

 

Employment hubs near East Delhi

  • The distance from East Delhi to Connaught Place is 9.5 kilometres.
  • The distance from East Delhi to Hauz Khaz is 19.1 kilometres.

 

Schools in East Delhi and other social amenities

The various schools in this area include Biglow’s Public School and Amity International School. The Hospitals here are Shriram Singh Hospital and Khandelwal Hospital. The ATM of banks in East Delhi include Indian Bank ATM and Delhi Nagrik Shekhari Bank ATM. The shopping malls in East Delhi are Star City Mall and V3S Mall. Restaurants in East Delhi include Subway and Utopia.

 

Price trends in East Delhi

The average price trend in East Delhi from October 2016 to December 2016 has been Rs 5,666 per sq ft for a multi-storey apartment.

 

Reasons to invest in East Delhi

East Delhi is an important area with several important residential colonies and commercial hubs. Commercial hubs, shopping complexes and restaurants are close by, along with the airport and railway station. The  transport system of this area is good and the residents can smoothly travel without facing any hassle. Property prices are increasing, as the demand for this area is increasing among the people. Real estate investors can invest in this area without thinking of incurring any loss.

Check Properties at East Delhi

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