Madhu Vihar, Delhi

madhu vihar, new Delhi is a sub locality of uttam nagar locality in the national capital of new delhi. the other prominent localities near the area are – janakpuri, palam, kakrola, dwarka, mangalpuriand nawada. madhu vihar is a neighbor to the other sub localities of is a neighbor to localities of – block a, block d, pocket 1, and block m of uttar nagar. the region is located very near the indra gandhi international airport of delhi and eli cantonment.

key highlights

• located at a distance of less than 6 km from the intra gandhi international airport.

• located very close to the Delhi Cantonment area.

• adjacent to the solanki market and som bazar, two prominent markets in uttam nagar-dwarka region

• easily accessible from the dwarka sector 11, dwarka sector 12 metro stations on the blue line, and palam, dashrathpuri metro stations on the magenta line

• dwarka sector 2 power house is located close to the region

• close to the tourist attractions of – panwar mansion, old baoli, subhash chowk, and attri chowk

whats great?

• plenty and diverse markets near the area – solanki market, dwarka sector 6 market, dwarka sector 10 market, potters village market, som market, and many others. almost all products are available in the area.

• located close to the – possangi our park, b3a park, c3 park, kailash  vatika, ram vatika, and other parks in the nearby janakpuri locality

• plenty of educational institutions are located worldwide, including schools like south delhi nagar nigam primary school, great mission public school, gian varsha public school, and others. colleges like – delhi college, shining star college, chaudry ranbir singh b.ed university, bhaskaracharya college of applied sciences, and many others are located near the region.

whats not great? 

• very densely populated area

• close to parks in janakpuri but not many parks in the region

• Watch out for?

• properties near the som bazaar and solanki market

• property rising factor

• short term

• several housing projects such as – nariman society, mahalaxmi apartments, pragya apartment, and others

• long term

• the central commercial area in  the uttam nagar- janakpuri region

other highlights

• social infrastructure

there are plenty of markets around the area – som bazar, solanki market, rajapuri market, data market, and many others. likewise, there are several shopping malls in the area: yashu mega mark, vishal mega mart, shinshinario, sunday bazzar, pick fresh, and many others. plenty of cinema halls are also available for the movie lowers – carnival cinema(odeon complex), janak cinema, pvr vegas, etc. 

 devi temple.

shopping complex & markets

• som bazaar, e block, matiala, delhi

• solanki market, pocket 1, uttam nagar

• dwarka sec 6 market

• dwarka sector 10 market

• laxmi super market, uttam nagar 

• health care centers

• akash healthcare super specialty hospital, dwarka sector 3

• khushi hospital, dwarka sector 3

• manipal hospital, dwarka sector 6

•  shanti nursing home, rajapuri road, uttam nagar

• connectivity & public transport

the nearest metro station is dwarka sector 11 and dwarka sector 12. it is located close to 5 kms of indira gandhi international airport.

• schools, bank & fitness centers

• south delhi nagar nigam primary school, dwarka sector 3

•  great mission public school, b1 block, uttam nagar

• gian varsha public school, block g, uttam nagar

banks:

• union bank of india

• hdfc bank

• icici bank

• indian bank

• state bank of india

nearby atms of prominent banks:

• dena bank atm

• hdfc bank atm

• punjab national bank atm

• icici bank atm
  
  

popular landmarks near locality

• som bazaar

• solanki market

• old baoli

micro market analysis

capital and rental trends

• the property market in madhu vihar mainly consists of residential apartments, which make about 74% of all the offerings.

• the remaining offerings are covered by residential houses (11%) and commercial shops/other commercial properties (15%)

• the price range of residential apartments is about inr 3,567 to inr 5,433 per sqft, which averages inr 4,467 for most properties.

• the price range of residential houses is 1,30,000 per sqft on an average

• the average rent for a 2 bhk apartment starts at inr 10,000 and can go as high as inr 15,000 depending upon the locality

• scope of growth

prices of multistory apartments have seen a rise of about 2% in the last quarter of fy 2020-2021as compared to the previous quarter of fy 2019-2020. the prices are expected to increase to the extent of 3% in the fy 2021-2022.

• investment opportunities

investment in residential apartments or commercial properties near the solanki market or som  bazar is a good idea. investment in the properties near the blue and magenta metro lines is also a sound investment decision.