About Prashant vihar
prashant vihar is a developing locality in sector 14, new delhi. a part of shalimar bagh constituency, prashant vihar is a mushrooming township with well-planned residential projects and a plethora of amenities.areas surrounding prashant vihar include vaishali, sector 10, badli, pitampura, and samaipur. with an impressive residential growth rate, the area has attracted many prominent developers such as bhagwati co-operative society group, bharath & bharath group, topline builders, and vihaan developers.the residential layout in prashant vihar is a mix of 2bhk, 3+bhks, multi-story apartments and builder floors. 22% of the properties on sale in the area are priced between rs. 1.2 crores to rs. 1.4 crores and another 14% falls in the price band of rs. 80 lakhs to rs. 1 crore. 3 bhk is the most preferred apartment configuration constituting approximately 38% of the sale properties. builder floor apartments also come up for sale, constituting nearly 39% with maximum postings by individuals.key highlightswell connected to indira gandhi international airport through mahatma gandhi marg.major roads like outer ring road and karnal road ensure seamless connectivity to other important areas.spacious, scenic locality with a plethora of amenities and convenient stores.whats great?excellent connectivity with surrounding areas via frequent buses, rails and metro.robust physical and economic infrastructure.proximity to rohini east station and pitampura station of delhi metro further enhances the connectivity quotient.whats not great?degrading air quality and pollution is an issue.safety hazard due to poor roads and no proper lighting.spiraling crime rate can be a problem.Watch out for?multi-storied residential projects by realtors like sai properties and builders, dwivedi homes, gupta property, and tanishq associates.property price rising factorshort termproximity to metro stations and the indira gandhi international airport.a wide array of amenities and robust connectivity.increasing demand for budget housing choices.long termavailability of properties in the affordable housing segment.improving air quality and encouraging sustainable living choices.other highlightssocial infrastructureprashant vihar has a well-structured network of buses and rails, housing important banks, schools, colleges and hospitals, dotted by ample greenery, trendy restaurants and new-age constructions. conveniently connected to the indira gandhi international airport, prashant vihar enjoys a decent rating on environment, connectivity, and education parameters.shopping complex & marketsnorth ex mallcentral marketpawa grandr o martdda markethealthcare centersprashant hospital - pvr prashant vihar road, prashant viharolmec cosmetic and plastic surgery centre – ground floor prashant vihar, outer ring roadsantom hospital - outer ring road, prashant viharzyro health care center - sector-14, prashant viharaastha medical centre - madhuban chowk, prashant viharconnectivity & public transportprashant vihar has an efficient transit system comprising buses, metros and rails. delhi transport corporation (dtc) has its array of buses running through the entire locality connecting the area with places like uttari pitampura, fatehpuri, mori gate memorial, narela terminal, and nityababd marg, among others. network of arterial roads such as karnal road and outer ring road facilitate connectivity with other parts of the city. adarsh nagar railway station is at a driving distance of 4.5 km through the shalimar main road. indira gandhi international airport is at a driving distance of 21 km along the mahatma gandhi marg.schools, banks and fitness centersschools in the areast. margaret senior secondary school - d block, prashant vihar, sector 14crpf public school - sector- xiv, prashant viharlancers convent - outer ring road, near rohini court d, prashant viharvasudevam school - b-51, prashant vihar, sector 14government sarvodaya kanya vidyalaya - gurudwara singh sabha marg, prashant viharlittle planet class - a1/11, prashant vihar, rohinibanksicici bank - d-16, prashant viharbank of india - outer ring road, prashant viharbank of baroda - prashant vihar road, block c 2, sector 14punjab & sind bank - prashant vihar road, a block, prashant viharyes bank - near santom hospital, prashant viharatmsyes bank atmstate bank of india atmindusind bank atmaxis bank atmpunjab national bank atmfitness centersfitnest prime gym - fun city mall, prashant viharfitoor the fitness studio - outer ring rd, above tata motors, prashant viharbody garage gym - basement karur vysya bank, prashant viharthe extreme fitness - a-53 4th floor, prashant viharmaruti fitness center - e-8, basement, prashant vihar, sector 14popular landmarksshri sanatan dharm mandirbalaji mandirjain sthanakbabosa parktikona parkjapanese park lakemicro market analysiscapital and rental trendsprashant vihar has seen an appreciation of 18.59% in the past year. the current trend is expected to improve with the launch of multiple construction projects catering across all segments.starting price of properties in the area is rs. 4,166 per sqft, and the average price comes around to rs. 26,702 per sqft. a 2 bhk is priced between rs. 85 lakhs – rs. 1.95 crores and a 3 bhk is available in the range of rs. 1.2 crores – rs 3 crores.as for the rental trends, a 2 bhk is priced between rs. 8k– rs. 30k and a 3 bhk falls in the band of rs. 10k – rs. 45k.scope of growthprashant vihar is fast becoming a sought-after real estate hotspot with increasing developmental and residential activities. excellent connectivity and availability of physical and economic amenities render abundant scope for development in the locality.investment opportunitiesrecent price trend analysis recommends both buying and selling properties in the area as it is lucrative.
