kundan nagar, Delhi is a sub-locality of laxmi nagar locality in delhi, the national capital of india. sundar nagar is just adjacent to the master plan road.
the pandit ramchandra marg borders the region on the south side, shail kumari devi marg on the eastern and master plan road on the north.
the region is almost adjacent to the yamuna river. the areas adjacent to the kundan nagar are – east end enclave, geeta colony, nirmal vihar, Anarkali Colony, chitra vihar, chandan nagar, bank enclave and gagan vihar extension.
key highlights
just 6 km away from the red ford, a medivial era fort constructed by mughals and now an important historical monument as well tourist attraction.
quite close to the jama masjid, another important historical monument and an essential religious place in delhi. thousand of people offer their prayer daily at jama masjid.
practically attached to noida. the commute from kundan nagar to the noida border takes less than twenty minutes on an open road.
akshardham, a recent religious monument for the hindu religion is located few kilometers from the region.
raj ghat, the final resting place of mahatama gandhi is located across the river yamuna. so is the vijay ghat, the memorial place of former prime minister lal bahadur shastri. similarly shanti van, the final resting place of pt. jawaharlal nehru is also quite close to the region
what’s great
great retail infrastructure – several malls and markets are located in and around the region, such as laxmi market, dda market, khureji market, b lock market, v3s mall, east centre mall. in addition, a dedicated commercial marketplace for malls and showrooms – laxmi nagar commercial complex is adjacent to the area.
what’s not great
quite densely packet area and as such the roads are narrow, with apartment buildings practically attached.
the area lacks any greenery in it – not even small parks and gardens are present in the region.
Watch out for?
commercial properties near the shail kumari devi marg on the eastern and master plan road on the north
there are various tourist places in the close vicinity of the location.
social infrastructure
"plenty of bars in the region – fever bar, dk beer spot, som bar, drinks, and other. there are plenty of tourist attractions close to the area, too –jama masjid, red fort shanti van and others.
shopping complex & markets
"*laxmi market, block n, laxmi nagar
*dda market, mandawali
*khureji market, krishna nagar
*b lock market, block b
*v3s mall, swasthya vihar
*east centre mall, laxmi nagar commercial complex
health care centers
"*government hospital, block m
*radix health, c-216
*patel hospital, veer sarvakar block
connectivity & public transport
"*laxmi nagar metro station
*nirmal vihar metro station
"schools:
*springfield public school, new lahore munshi colony
*divya convent school, geeta colony
*amar jeevan public school, f-190 laxmi nagar
*rama krishna public school, f block
"banks:
*idbi first bank, f block
*sidbi bank, block m
nearby atms of prominent banks
*sbi atm, mandavali
*axis bank, geeta colony
"fitness centers:
*whole-sum gym, laxmi nagar"
"popular landmarks near locality:
*yamuna river
*jagatpuri police station
capital and rental trends
"*the property market in kundan nagar, delhi mainly consists of residential apartments which make about 80% of all the offerings for sale
*residential houses cover the remaining offerings for sale.
*the most popular apartment configuration consist majorly of 3 bhk at 80%, and 2 bhk at 20%
*the price range of residential properties is about inr 1,100 to inr 12,200 per sqft, with the lower limit offered for residential apartments and the higher limit offered for residential houses.
*for the rent market, most of the properties available are either 2 bhk or 3 bhk.
*the base price for 3 bhk apartments for sale starts from inr 1 crore.
*the average rent prices for a 2 bhk apartment starts at inr 5,000 and can go as high as inr 15,000 depending upon the locality
scope of growth
"the property prices in the area are reasonable, neither too low nor too high. however, as the area is densely packed and there is no recent major development, an appreciable increase in prices is almost impossible. therefore, the properties are expected to appreciate at the slow rate of 0.25%-0.50% per year.
investment opportunities
the prices in nehru place keep fluctuating rapidly. the investors will have to decide based on the market to maximize their profits. nehru place is the it hub of delhi and is one of the busiest places in asia. guided as a flea-market in a high-tech area, nehru place offers vast investment in the commercial properties near the master plan road is a good idea. to investors.
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