Chander Nagar, Delhi

chander nagar is a prime residential locality situated in southwest Delhi. it is located in one of the most famous places in delhi that is janakpuri. it has a high liveability index because of the facilities that the locality has. it is an ideal locality for young families. it contains all the basic facilities abundantly at a very close distance. other prime localities that surround this area are Mahavir Enclave (2.93 km), sagarpur (2.93 km), bindapur (3.45 km), and tilak nagar (4.02 km). the cities that surround this place are delhi, noida, and gurgaon. it is located in the heart of the city. chander nagar comprises different types of properties such as builder floor apartments, multi-story apartments, and residential houses. 1, 3, and 4 bhk are the most popular room setup in this locality. several prominent builders have their prestigious properties here. some of these builders are bindra properties, sukhvinder properties, oneiric infrastructure, bedi associates, ang projects, s.r and shah developers, oberoi properties, and aman properties.

key highlights

• properties are available in the form of dda properties as well as new apartments.

• well-established locality with excellent connectivity via delhi metro.

whats great?

• close to the famous market of janakpuri.

• proximity to the commercial and industrial hubs like janakpuri district centre and mangolpuri industrial area.

whats not great? 

• densely populated area.

• dominated by apartments in the form of dda flats.

Watch out for?

1, 2, 3, and 4 bhk residential apartments in the new ready-to-move-in and under-construction projects. the locality has all the modern amenities and ample grocery stores and malls. there are many governments and private educational institutions that provide quality education. the place is located in a strategic location and offers great connectivity to various parts of the city via an excellent commute system.

property price rising factor

short term

• well equipped with all the essential social infrastructures.

• excellent transport system like metro, rail, and road.

long term

• new re-development properties are coming up in the locality.

other highlights

social infrastructure

this locality has many famous food joints and restaurants like dominos, kfc, haldirams, dali zaika, the beer cafã©, foodician- art of food, and many more. there is ample space for parking vehicles. the roads are pretty broad and well maintained. there are many public parks all around the locality for a relaxing evening stroll. the key roads and metro stations are available at a close distance. many temples in the locality add to the vitality of the locality.

shopping complex & markets

• big bazaar

• unity one mall

• miniso

• sawhney traders

• kohli mansion/ lovely creations

health care centers

• akash eye and general hospital

• kinder care and vaccination center

• dr. sanjeev liver and cancer clinic

• uk nursing home

• shishu sadan multi speciality childrens hospital

connectivity & public transport

• this locality is very well connected with other parts of delhi ncr by key roads like najafgarh road, jail road, and outer ring road.

• the nearest metro stations are janakpuri west metro station (2.4 km), janakpuri east metro station (3 km), uttam nagar east metro station (2.1 km), and dabri mor- janakpuri south (2.1 km).

• the locality is served by city buses for short-distance travel, operated by dtc (delhi transport corporation).

• the indira gandhi international airport is just 12.3 km away from chander nagar.

schools in this area:

• s.l suri dav public school

• baby public school

• neo convent junior school

• rashtrya virja nand andh kanya vidyalaya

banks in the area: 

• bank of baroda

• axis bank

• indusind bank  

• state bank of india  

• canara bank

nearby atms for all prominent banks:

• central bank of india atm

• indusind bank atm

• bank of baroda atm

• state bank of india atm

• vijaya bank atm

fitness centers:

• magnum roller

• aerobics center

• ss health

popular landmarks near locality

• langar hall

• unity one mall

micro market analysis

capital and rental trends

• 20% of the properties listed for sale in this locality range up to rs 20 lakhs, 20% in the price range of rs 20 lakhs to rs 40 lakhs, and 10% in the price between rs 80 lakhs and rs 1 crore.

• 2 bhk and 3 bhk is a popular room layout of the properties listed for rent in this 

locality. 20 % of the properties listed for rent are in the price range of rs 10k to rs 15k, 20% in the price between rs 15k and rs 20k, and 20% in the price range of rs 20k to rs 25k.

scope of growth

the locality has witnessed significant growth in the social and civic infrastructure. however, the prices have decreased by 0.3% in the past year. the starting price in this locality is rs 3,333 and can go up to rs 44,355 per square foot.

investment opportunities

investing in the standard room set up of this locality sounds like a good decision given the year-on-year growth in this locality. it is time to invest in the real estate of this locality. the average rate per square foot is rs 9,216.