Uttam Nagar emerges as a prospective real estate hotspot in Delhi

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Uttam Nagar emerges as a prospective real estate hotspot in Delhi

There are a number of key areas in the city of Delhi which can be cited as prime destinations. Of them, the area of Uttam Nagar in Delhi is now fast becoming a go to destination for new property owners. It has to be said that Delhi has indeed become quite saturated but that has not kept the population from growing. So now the emphasis is to develop the suburbs and bring them in close contact with the main city of Delhi as much as possible and this would make it easy for the commuters. The region of Uttam Nagar has all the “right ingredients” and some of the factors could really work in its favor.

What kind of locational advantages can one find here?

This is mostly because of the affordable properties in this region and the metro connectivity that has brought this region in close contact with the rest of the city. It is also extremely well connected to the employment hubs of Gurugram and Connaught Place, and also Noida, both through roads and metro. It is also closely related to the areas of Janakpuri and Dwarka and local markets are also located with very easy distance.

The region has a number of hospitals and shopping malls and schools of repute are located within a 20 minutes radius, like the Adarsh Public School. The Mahindru Hospital is located about 18 minutes away and the Unity One Mall is about 14 minutes away. One can also easily reach the Janakpuri District Center quite easily. The region of Uttam Nagar is just about 16 km away from the airport and 22 km away from the nearest railway station. It is also only about 9km away from the Inner Ring Road.

What are the pricing trends in the region?

Since this is an upcoming locality, the prices here are still very affordable and they start from as low as Rs 2720 per sq feet. They can go up to about Rs 6040 per sq feet. A 1BHK apartment of about 530 sq feet can cost around Rs 22 lakhs and a 4 BHK apartment can cost about Rs 70 lakhs. Those who are thinking of buying a home for the first time, want to stay close to the city of Delhi and its key areas but cannot afford a property in the prime regions, can look towards Uttam Nagar, which is definitely becoming a top contender for such buyers.

What are the other facilities available here?

There are over 16 restaurants in the vicinity and there are a number of grocery stores lining the streets. Petrol pumps are easy to come by at regular intervals and there are banks and ATMs in large numbers as well. The local authorities are also laying a lot of emphasis on beautifying the region and a number of parks and playgrounds are also being built.

Once fully developed, the region of Uttam Nagar will leave very little scope of complaints and that will definitely work in the favor of the home buyers in the region.

Resident Editor