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Palam Vihar

Gurgaon District, Haryana, India

 

Palam Vihar, located in Gurgaon is one of the most comfortable and peaceful area to live in. Real Estate in Palam Vihar has seen a good price appreciation in recent years because of its strong connectivity and being well planned.

Gurgaon, over the years has witnessed rapid urbanization and emerged as one of the leading financial and industrial hubs of the country. The growth of Gurgaon has immensely impacted the development of the residential localities like Palam Vihar. Lack of space and increasing price of property in Delhi has boosted the Palam Vihar Real Estate market. In addition to that, good connectivity and the greenery of the locality have further benefitted the demand of residential Projects in Palam Vihar. The buyers prefer to buy apartments in Palam Vihar due to the peaceful nature of the locality. The demand for flats in Palam Vihar has also escalated due to the presence of major IT and financial hub in the close vicinity of the locality. In terms of connectivity, Palam Vihar is in close proximity to the National Highway (NH-8) which makes commutation easy for the residents. Palam Vihar offers good civic amenities with well maintained parks and gardens along with wide internal roads. The top Builders of Palam Vihar includes Ansal Property and Infrastructure LTD (APIL), Mittal group and Bestech group. The Properties in Palam Vihar ranges from budget, mid range and luxury projects and is therefore suitable for all class of people. Independent houses in Palam Vihar are mostly new constructions and readily available. Palam Vihar is divided into Blocks named alphabetically, starting from A to J. The real estates in Block C and D have seen 50 % price appreciation in the last 2 years. Nearby localities of Palam Vihar includes Sector-2, Sector-109, Sector-110A, Sector-110, Sector-112, Sector-113, Ashok Vihar Phase 3 Extension, New Palam Vihar, Ansal Plaza and Dharam Colony.

Reasons to invest in Bandra East

Considering the price trends in Palam Vihar and the rising demand, the locality should be a good investment. With the upcoming Metro connectivity plan between Dwarka and Gurgaon will be a positive reason for further price appreciation. However, there are a few civic issues in the locality that includes broken roads in a few parts and poor lighting on the streets. Otherwise, it is definitely a good idea to invest in Palam Vihar Real Estates keeping the price appreciation and the future prospect in mind.

Palam Vihar Point of Interests

Connectivity with nearby Bandra East localities

  • The Gurgaon railway station lays 6kms away.
  • The Indira Gandhi International Airport is about 15kms.
  • The major bus stations of the locality include Palam Vihar City Stop and Palam Vihar.
  • The National Highway (NH-8) is 4kms away from Palam Vihar

Employment hubs near Palam Vihar

  • Palam Vihar lies in the mid of Gurgaon city. Major companies like Oracle, IBM, Sapient, Amdocs etc. are in and around Palam Vihar which makes it an ideal residential area for the working professional.
  • Palam Vihar is approximately 29kms from Delhi commercial hub.

Schools in Palam Vihar and other social amenities

Apart from the Residential projects Palam Vihar provides a strong social infrastructure. Reputed schools in Palam Vihar include the GEMS International School and The Maurya School. Leading hospitals in Palam Vihar include Columbia Asia Hospital and the Metro Hospitals & Heart Institute. Popular malls in Palam Vihar include Ansal Plaza and Palam Triangle.

Physical infrastructure in Bandra East

The majority of Palam Vihar was developed and is maintained by the Ansal group of builders. This locality mainly has apartments, individual houses and plots to offer.

The proposed metro expansion between Dwarka and Gurgaon is likely to impact the price trends of Palam Vihar.

Famous Places in Palam Vihar

  • Palam Triangle
    Block F, Sector 2, Palam Vihar, Dwarka Expressway, Gurgaon
  • Pind Balluchi Restaurant
    Sector 1, Palam Vihar, Dwarka Expressway, Gurgaon
  • Columbia Asia Hospital Palam Vihar, Gurgaon
    Block F, Sector 2, Palam Vihar, Dwarka Expressway, Gurgaon

Price Trends for Palam Vihar

  • Buy
  • Rent
Avg. Price / Sqft
₹6,869 -5.58% Y-o-Y
Price Range / Sqft
₹2,037 - ₹20,833
QuarterPrice Trend
Oct'19-Dec'197275
Jan'20-Mar'207250
Apr'20-Jun'206901
July'20-Sept'206869
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Top Developers

Ansal API
8
Projects
Ansal API is one of the successful realty and infrastructure companies in India. Since its inception in 1967, the developer has created a huge presence in North India where it has spearheaded several township projects across Delhi NCR, Punjab, Haryana, Rajasthan and Uttar Pradesh. The builder has a diverse portfolio encompassing Integrated Townships, Condominiums, Group Housing, Malls, Shopping Complex, Hotels, SEZs, IT Parks and Infrastructure and Utility Services. An ISO 9001-2000 Company, listed on the stock exchange, Ansal API has scaled new heights by expanding its footprints in overseas locations such as Iraq, Russia, Thailand and Bangladesh. In India, it has pioneered iconic projects that entails landmark high-rise structures in central business districts of Delhi and the prestigious retail project, Ansal Plaza in Delhi; and is eyeing the potential Tier II cities. The company has forayed into the education sector with projects like the Ansal Institute of Technology and the Sushant Schools of Arts & Architecture. Experience and Strengths Ansal API has catered to a large customer base of over 4,00,000 inhabitants by delivering the finest real estate projects across popular cities like Gurgaon, Ghaziabad, Greater Noida, Faridabad, Lucknow, Ajmer, Bhatinda, Mohali, Agra, Karnal, Jodhpur, Meerut, Jalandhar, Kurukshetra, Ludhiana, Panipat, Amritsar, Sonepat and Jaipur. The developer had launched brands like ‘Sushant City’, ‘Sushant Lok’ and ‘Palam Vihar’ which are well-known townships that have shaped the realty landscape of the National Capital Ansal API Group is led by its chairman, Sushil Ansal, whose visionary approach has taken the business higher on the global front. With the support from a team of committed professionals, the builder endeavours to lead and succeed in the scenario of changing market dynamics. The company focuses on ‘redefining lifestyle standards and deliver world-class real estate solutions for aspiring customers’. It also adheres to its ethos of professionalism, customer satisfaction, quality compliance and timely project delivery while also promoting a culture of innovation. Another major objective, that the developer has set eyes on, is conceptualising new strategies for carrying the brand name to unexplored geographies and realms like infrastructure. With an immense experience spanning four decades, Ansal API plans to take up challenging projects with a desire to create a comfortable and healthy environment for its customers, truly reflected in its contemporary eco-friendly townships. Projects Ansal API has completed residential and commercial properties with a total area of 25 million sqft. Some state-of-the-art projects by the builder are: Sushant Golf City in Lucknow is an upscale township with world-class 18-hole championship golf course. Another innovative project by Ansal API is the Esencia, Gurgaon, a pilot project by Association for Development and Research of Sustainable Habitats (ADaRSH) for rating under the ‘GRIHA ((Green Rating for Integrated Habitat Assessment) for large developments’ system.
Ansal API Palam Vihar Plot
Ansal API Celebrity Star

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