Jharoda Kalan, Delhi

jharoda, new Delhi locality is a locality located at the outskirts of new delhi, the national capital of india. the locality is bordered by a canal, which flows directly into the yamuna river a few kilometers ahead, jharodha burabi marg and the sant nagar marg. jharoda includes the sub-localities of jharoda majra, laldora, and  surender colony. the regions colonies are shiv kunj, sant nagar extension, dipansu colony, sangam vihar, and milan vihar. the localities around the region are – Gopalpur Village, mukherjee nagar, wazirabad, and bangali colony. the area lies adjacent to the dr. kb hegdewar marg (sh-9) and the outer ring road highways.

key highlights

• lies almost next to the yamuna river, which a primary source of water in the region
• lies adjacent to the yamuna biodiversity park, an important wildlife preserve and a decent tourist attraction of delhi.
• lies close to the nirankari samagam ground
• lies close to the nirankari samagam round, a famous kiting spot of delhi.
• signature bridge, one of the few suspension bridges of new delhi, is located just a few kilometers away from the area.

whats great?

• located at the outskirts of delhi and hence the prices in the region are relatively lower than those in the central regions of delhi.
• almost attached to the uttar pradesh delhi border, the loni dehat of uttar pradesh to jharoda takes less than thirty minutes of drive.
• several government offices such as – licence authority of delhi, yamuna flood control room, delhi transport limited – gopalpur, delhi commercial vehicle registration, mukundpur rss dmrc substation, and others are located in the area.
•  located close to the bhalsva lake, critical swimming, fishing, and boating site in delhi.

whats not great? 

• the canal that flows adjacent to the region is highly polluted
• the nearest metro station is 10 km away

Watch out for?

• lakeview properties in the chandra nagar, vittal nagar, and stage 2 sub-localities

• property rising factor

short term

• a variety of properties at a comparatively cheaper rate from the central localities of delhi.

long term

• the locality is surrounded by lush greenery, has lower property rates, is located close to the several tourist spots and landmarks of delhi.

other highlights

social infrastructure

lies close to the nirankari samagam ground, a locally popular site for spots and kiting. several small and large parks such as – coronation park, gandhi vihar park, drdo complex central park, sarovar park sant nagar in the area to socialize.

shopping complex & markets

• sahni bazzar, samta vihar
• max bazar, lal dora

health care centers

• guru govind singh hospital, block b, virendra nagar
•  spuhc jagatpur, jagatpur khadar village

connectivity & public transport

• the nearest metro station – adarsh nagar metro station 1o kilometers away

schools, bank & fitness centers

• dd tyagi public school,surendra colony
•  nalanda modern public school, west sant nagar

popular landmarks near locality

• yamuna river
•  yamuna biodiversity park

micro market analysis

capital and rental trends

• the property market in jharoda, new delhi, mainly consists of residential plots and houses, which make about 55% of all the properties for sale when combined.
• the remaining sale offerings are covered by apartments which make up 33% of sale offers and consisting majorly of 2 bhk (60%), 3 bhk  (20%), and 2 bhk(20%) apartments.
• few areas in delhi offer agricultural properties for sale; about 12% of all the listed offers are for agricultural properties.
• the price range of residential plots is about inr to inr per sqft, which averages out to be inr 7,000 for most of the properties.
• the price range of residential properties is about inr 467 to inr 49,231 per sqft, with the lower prices offered for the apartments and the higher prices offered for the residential houses and plots.
• the rent for a 2 bhk apartment is comparatively higher than other parts of delhi, starting at inr 5,000 and can go as high as inr 15,000 depending upon facilities.

scope of growth

• the area is quite a rural one, so there is a high possibility of rapid urbanization. as delhi city would expand, which is inevitable for the national capital with several lakhs of people migrating every year, the prices in the area would rise. in the next ten years or so, property prices are expected to multiply 3-4% per year.

investment opportunities

• investment in the properties near the yamuna biodiversity park for the green apartments or the forest side cabins is a good option.
• investment in the agricultural land or residential plots is a good idea as, near the end of the decade, the area is expected to urbanize rapidly, and the prices would shoot up to more than thrice their value.