ashok vihar is a locality in the northwest part of delhi, india. it is situated along the ring road, delhi, and the area is divided into 4 phases. it is well connected to road and rail transport and has well developed social amenities nearby. this locality is well known for many new projects underway and some of the under constructed infrastructures are being managed by top builders.
the average price of this locality ranges from 3,611 - 9,402/ sqft. 57% of the properties on sale lie in the range of 40 lakhs to 60 lakhs whereas 56% of the rental properties lies in the range of 10,000 - 15,000. this locality has various builder floor apartments, residential houses, luxurious 2 bhk, 3 bhk and 4 bhk apartments and residential plots.
connectivity to major localities like laxman vihar, sector 3a, sector 5, laxman vihar, ratan vihar, rajendra park block and laxman vihar industrial sector.
close to the famous Ashok Vihar Phase 1 metro station
upcoming posh locality
developed social infrastructure
close proximity to Gurgaon railway station
ample parking space
whats not great?
traffic jam on main roads at peak hours
footpaths encroached by street vendors
Watch out for?
developed and well-maintained infrastructure
prices moderately increasing as the locality is a prime location and an upcoming posh locality in gurgaon
property rising factor
development in social infrastructure
the locality is considered to be an upcoming posh residential location
close to gurgaon railway station
lots of new infrastructural developments have been proposed and some are underway.
developed road connectivity
ashok vihar phase 1 is mainly a suburban area with excellent bus and metro connectivity.
markets, shopping complexes, schools and hospitals are nearby too.
shopping complexes & markets
shop by ( 2.7 km )
sheetla garments ( 1.1 km )
shopping mall ( 4.0 km )
pvr shopping complex ( 3.1 km )
ss group shopping mall ( 1.1 km )
health care centres
jiya clinic (1.6 km )
womens medicare ( 1.5 km )
dr jitender taneja dermatology clinic ( 1.1 km )
lifecare clinic ( 1.1 km )
chirag hospital ( 2.4 km )
connectivity and public transport
huda city centre metro station (12.1 km)
gurgaon railway station ( 12.1 km )
indira gandhi international airport ( 22.8 km )
gurugram bus stop (3.8 km)
schools, banks and fitness centres
sucheta memorial school ( 1.6 km )
salwan montessori school ( 1.7 km )
blue bells model school ( 1.6 km )
xion international convent school (900 m )
banks & atm
canara bank ( 900 m )
induslnd bank ( 2.4 km )
union bank of india ( 1.9 km )
allahabad bank ( 1.7 km )
punjab sind bank ( 1.9 km )
induslnd bank atm ( 800 m )
allahabad bank atm ( 1.0 km )
axis bank atm ( 1.0 km )
kotak mahindra bank atm ( 650 m )
canara bank ( 900 m )
rock gym ( 1.8 km )
exercise fitness studio ( 1.1 km )
the x factor gym ( 750 m )
dronacharya the gym ( 700 m )
india gate ( 35.7 km )
humayun`s tomb ( 37.3 km )
munda gumbad ( 29.3 km )
micro market analysis
capital and rental trends
price trend analysis have shown ashok vihar phase 1 showing an upward trend since the last six months. there has been an increase of 26% in the prices of properties in this locality.
a 3 bhk apartment in this locality costs around 44 lakhs to 58 lakhs and 2 bhk would cost around 31.5 lakhs to 55 lakhs.
renting a 3 bhk apartment would cost around 15,500 -25,000 to your pocket whereas a 2 bhk apartment would cost around 7,000 - 17,000.
scope of growth
with the upcoming construction to make this locality a smart city, the price of this locality will be witnessing a surge in the prices
there have been various builders setting up infrastructural projects to improve the residential status of the locality.
price trend analysis recommends a 2 bhk apartment as it is a reasonable share of price compared to the upcoming residential location it could become. the prices are set low, and hence it can be termed as a good residential investment for long term return seeking investors.