Derawal Nagar, Delhi

Derawal Nagar is a small locality in northern Delhi near the famous model town area. on either sides of the locality are popular roads, namely, the m.g road and g.t karnal road. the delhi metro rail corporation (dmrc) yellow line passes over the m.g road, thus, connecting the locality to other parts of the national capital region (ncr). 

derawal nagar is well planned and is one of the posh localities in delhi. there are several famous schools, good hospitals, parks, and markets in and around the locality. hence, residents have a great variety of facilities to avail themselves.

2 bhk and 3 bhk are the most common housing configurations in the locality. the prices of these properties are on the higher end due to the location, metro services, and other prominent facilities that are available to residents. 

the major presence of people of the derawal ethnic group is the primary reason for the name of the locality. some of the surrounding localities are model town and kalyan vihar.

key highlights:

• the presence of m.g road in this locality increases its prominence. thus, increasing the demand and property rate in this locality.

• the locality has a metro station.

• there are several famous hospitals and schools in the locality.

whats great?

• the locality is well connected to other parts of the metro by metro routes as well as the ring road and g.t road.

• derawal nagar is safe and is well-maintained, with all facilities at close range for the residents.

• there are several public transport facilities available in the locality.

whats not great?

• a property in this locality is quite expensive and is not affordable by quite a large segment of the population.

• during peak hours, there is a lot of traffic congestion on the streets, primarily due to lack of parking space.

Watch out for?:

investors and property buyers should Watch out for? rents and property prices as it is something that is to be expected in this locality due to its proximity to important places in delhi and metro connectivity.

property price rising factor:

short term- the short term factor that could lead to a rise in the price of properties could be the rapid expansion of metro services that connect the locality to even more parts in ncr.

long term- the long term factor could be the expansion of ncr itself and a further improvement in local infrastructure leading to an increase in the demand of real estate in the locality.

other highlights:

social infrastructure

the locality is well established and has a good social infrastructure. the residents enjoy a lot of good facilities in close range like schools, parks, markets, and hospitals.

shopping complex and markets

there are several small shops and street vendors spread throughout the locality from whom the residents can acquire their day to day requirements. the dda market is the market closest to the locality.

healthcare centres

some of the healthcare centres in and around the derawal nagar locality are-

• rajan babu hospital

• pentamenta hospital

connectivity and public transport

the locality is well connected to other parts of ncr via prominent roads like m.g road and g.t road. public transportation is quite good here as there are metro facilities, buses, autos, taxis, etc., which the residents can avail.

schools, banks and fitness centres-

schools

some of the schools in and around the derawal nagar locality are:

• g.d goenka public school

• st. margaret school

banks

some of the banks providing their services in this locality are:

• state bank of india

• axis bank

fitness centres

some of the fitness centres in and around the locality are:

• fluid gym n spa

• step 2 fitness

popular landmarks:

some of the landmarks in derawal nagar are the derawal nagar seva samiti, bakshish darbar gurudwara, pt. deen dayal upadhyay vatika, etc., which help the visitors understand their location in the locality.

micro market analysis:

• capital and rental trends- a 3 bhk property in this locality would cost somewhere in the range of inr 1.5 crore to 2.5 crore. the rent for a 3 bhk is approximately in the range of inr 33,000 to 60,000.

• scope of growth- the locality is already well-established, and the current property price can see that; there is little scope of growth in terms of infrastructure.

investment opportunities- investing in a property in this locality is not affordable for all. still, if someone gets a chance, they should invest here as it is a prominent locality in delhi, and the prices are likely to go higher with time.