Abul Fazal Enclave, Delhi

abul fazal enclave, Delhi sub locality of jamia nagar in new delhi, the national capital of india. the locality is a neighbor to the other sub-localities of jamia nagar, such as “ block d, canal colony, and block e. abul fazal enclave lies attached to the magenta metro line of the dmrc. the yamuna river borders the region in the east, and a canal is merging into the yamuna in the west. the sub- locality is a neighbor to the localities of  - okla,jasola vihar, gaffar manzil colony, and haji colony. 

key highlights

• the most reputed and esteemed university of india “ the jamia millia islamia is a neighbor to the region. this university, established in 1920, has been ranked as the number 1st in all the central universities of india in a survey released by the ministry of education in india in 2020.

• the region is attached to okhla, one of the oldest and the most important industrial areas in new delhi is just next to the region.

• lies almost adjacent to the uttar pradesh-delhi border. noida city and the enclave are separated by the yamuna river only. it takes less than 15 minutes to enter noida by road.

whats great?

• the area is well covered by metro rail infrastructure. the violet metro line runs parallel to the boundary of the enclave. jamia millia islamia metro station and okhla vihar metro station are the two closest metro stations to the area, located less than 5 km away.

• the region is located just a few kilometers from the astha kunj park, one of the largest parks in new delhi.

• few kilometers from tourist attractions such as “ lotus temple, humayuns tomb, kilkori village, okhla bird sanctuary, and the famous akshardham temple.

whats not great? 

• the canal running to the west of the region is highly polluted.

• Watch out for?

• riverside properties near the yamuna river

• commercial properties near the okhla district 

• apartments for renting out to students

• property rising factor

• short term

• several housing colonies are being developed in the area.

• long term

• the region has proper road infrastructure and is close to the Okhla Industrial Area.

other highlights

• social infrastructure

astha kunj park, kalindi kunj park, ret ka tilla, and the banks of the river yamuna provide more than ample recreation facilities, especially the banks of river yamuna, which are popular fishing, jogging, and sports sites for people. there are several tourist attractions near the area, such as - lotus temple, humayuns tomb, kilkori village, and okhla bird sanctuary. plenty of religious places such as akshardham temple, one of the most renowned hindu temples, makki masjid, khallilujjah masjid (one of the prominent masjids of new delhi) and many others.

shopping complex & markets

• sadiq plaza, jogabai extension, jamia nagar

• atif mall, shaheen bagh, jamia nagar

• health care centers

• al-shifa multispeciality hospital, abul fazal enclave

• sanjeevani hospital, pocket 5, jasola

• connectivity & public transport

•  jamia millia islamia metro station

• okhla vihar metro station

• schools, bank & fitness centers

• jamia millia islamia university, jamia nagar

•  bloom dale school, abul fazal enclave

• popular landmarks near locality

• jamia millia islamia university

•  okhla bird sanctuary

micro market analysis

• capital and rental trends

• the property market in abul fazal enclave, delhi, consist of residential apartments (94%) and commercial shops/office spaces (6%)

• the most popular residential apartment configuration is 3 bhk (44%) and 2 bhk (47%) apartments.

• the price range of residential apartments is about inr 3,333 to inr 20,000 per sqft. the prices change according to the commercial value of the property, distance to the jamia millia islamia, distance to yamuna, facilities, and other factors.

• the most common apartments available for rent are “ 3 bhk (67%) and 2 bhk (33%) apartments.

• the average rent for 2 bhk apartments starts at inr 5,000 and can go as high as inr 25,000, depending upon locality.

• scope of growth

• the region lies close to one of indias top universities and is also next to noida city and the okhla industrial district. as such, the commercial value of the area is very high. the prices of the properties in the area are expected to increase by about 1-1.5% per year.

• investment opportunities

• investment in the riverside properties near the yamuna river is a good investment idea. similarly, investment in commercial properties near the okhla district is also a good idea.

• investment in 2 bhk and 3 bhk flats for renting purposes is a good idea since such apartments are in high demand with the students of the jamia millia islamia as the primary tenants.