Mithapur, Delhi

mithapur is a prime locality located in south east Delhi. it is known to be the fastest developing city with the best connectivity. it is known to be becoming the upcoming posh locality in new delhi. 

the famous crossway also people prefer to call it as meethapur chowk is present in this area and it connects kalindi kunj road as well as tanki road. it also serves jaitpur that also connects badarpur to delhi. one of the biggest ecological parks known as ntpc eco park is also present in mithapur. 

the average price of this locality is 5,000 / sqft. 44% of the properties on sale lie in the range above 20 lakhs - 40 lakhs while 33 % of the properties lie in the range of rs. 40 lakhs to rs. 60 lakhs. this locality has various builder floor apartments, residential houses, luxurious 2 bhk, 3 bhk and 4 bhk apartments and 2bhk is the most common room configuration accounting for nearly 50% of the sale.

key highlights :

• connectivity to major localities like mithapur extension, mcf sector, ismailpur and ekta vihar

• close to the famous mithapur chowk crossway

• upcoming posh locality

whats great? 

• developed social infrastructure

• close proximity to badarpur metro station

• ample parking space

• low pollution

• high livability index

whats not great? :

• traffic jam on main roads at peak hours

• noise pollution

• low availability of rental properties

Watch out for? :

• ntpc eco park- asias and delhis biggest ecological park

• prices moderately increasing as the locality is a prime location and an upcoming posh locality in delhi 

property price rising factor :

• short term -

• development in social infrastructure

• the locality is considered to be a prime location

• long term -

• high livability index

• well connectivity 

• upcoming tourist location

other highlights :

• social infrastructure -

• mithapur is mainly a suburban area with excellent bus and metro connectivity.

• there is no overcrowding as the population density is low thereby social infrastructural maintenance is high

• markets, shopping complexes, schools and hospitals are nearby too.

• shopping complexes & markets -

• shopping club (1.9 km)

• js collection (900 m)

• tyagi nutrition (650m)

• shopping club (1.9 km)

• tiwari shopping center (1.2 km)

• health care centres -

• arjun memorial center ( 600m )

• vimal health clinic ( 3.1km )

• sanjeevni health and diagnostic center ( 500m )

• indian health clinic ( 2.8km )

• avr family health clinic ( 1.8km )

• connectivity and public transport -

• mithapur metro station (1.4 km)

• safdarjung airport (20.5 km)

• d.t.c. bus terminal (1.1 km)

• Vishwas Nagar terminal bus stop (300 m)

• schools, banks and fitness centres -

• schools :

• new bal vaishali public school ( 220m )

• delhi primary school ( 220 m )

• pushpa bharti public school ( 500 m )

• sona public school ( 69 m )

• delhi national open school ( 500 m )

• banks & atm :

• banks

• dcb bank ( 290 m )

• sbi ( 240 m )

• icici bank ( 350 m )

• central bank of india ( 240 m )

• atms 

• axis bank atm ( 84 m )

• central bank of india atm ( 500 m )

• dcb bank atm ( 550 m )

• sbi atm ( 450 m )

• hdfc bank atm ( 700 m )

• fitness centres :

• the gym ( 200 m )

• future fitness unisex gym ( 1.1 km )

• galaxy gym ( 2.2 km )

• h&h fitness ( 450 m )

• popular landmarks near locality

• humayuns tomb ( 16.3 km )

• india gate ( 18.6 km )

• tughlaqabad fort ( 8.9 km )

• ntpc eco park

micro market analysis :

• capital and rental trends -

• price trend analysis has shown mithapur showing an upward trend since the last six months. there has been an increase of 26% in the prices of properties in this locality.

• a 3 bhk apartment in this locality costs around 38 lakhs to 55 lakhs whereas a 2 bhk apartment would cost around 18 lakhs to 55 lakhs 

• renting a 3 bhk apartment would cost around 12,000 to your pocket whereas a 2 bhk apartment would be rented at approximately 8,000

• scope of growth -

• with the upcoming construction to make this locality a developing city, the price of this locality will be witnessing a surge in the prices

• as the new apartments coming up are green apartments, the surroundings of this locality have been improved, thereby attracting many buyers

• investment opportunities -

• price trend analysis recommends a 3 bhk apartment as it is a reasonable share of price compared to the upcoming prime location it has become. with the governments new proposed plans, this locality is set to become a demanding spot for buyers, thereby increasing the property prices in the coming future.