Pratap Nagar, Delhi

pratap nagar Delhi is located in Mayur Vihar Phase 1, which falls in east delhi district.  it is very much close to the noida-delhi border.  during 1979-80, the residential area came into existence.  pratap nagar is a sub locality in mayur vihar phase-1 extended to the south, with trilokpuri & acharya niketan mayur vihar s nearest localities.

this area is well connected by high-frequency buses and is also accessible by the blue line and the pink line metro routes. the locality is related to some good commercial buildings, where one of the top brands is peter england. it is open to offices and industries, restaurants, schools, hospitals, banks, recreation parks etc.

currently, they have 10+ properties for sale and 8+ properties available for rent. the average price is 7937 per sq. ft. the cost of a 3 bhk would come in the bracket of 40lacs-1crore, whereas it is 34lacs-85lacs for a 2bhk. the rent price would be rs. 14000-rs. 16000 for a 2bhk and rs.10000-rs.15000 for 1bhk. 

key highlights

• availability of two metro lines 

• multistorey apartments

• star city mall (5 minutes  drive)

what s great

• renowned pre-schools, schools, and institutes are nearby.

• good health care facilities, including hospitals and clinics

• well connected by road and metro to major routes.

what s not great

• traffic is a significant issue here.

• air pollution.

• the parking problem persists.

Watch out for?

• mahamaya flyover rising from near mayur vihar phase-1 and runs till sector 18noida, easing the vehicular congestion and reducing travel time between east & south east delhi.

• 3bhk villa for resale.

property price rising factor

short term

• new mahamaya flyover

• commuting & connectivity.

• pre-construction activities & management.

long term

• statutory approvals.

• leisure apartments & health care facilities.

• project management.

other highlights

social infrastructure

pratap nagar delhi is rated 4.7 / 5 on commuting, while a 5 out of 5 on connectivity and hospital parameters. this locality provides all the facilities like leisure & entertainments complexes, hotel & health care facilities, commercial building, high tech manufacturing facilities and i.t parks.

shopping complex and markets

• star city mall, delhi

• pacific mall tagore garden

• moments mall, delhi

• handloom shops

• agarwal plaza

health care centre

• jeevan anmol hospital

• delhi asthma allergy and chest care.

• central government health scheme dispensary

• kukreja hospital, block 

• arya skin care

• intact dental clinic 

connectivity & public transport

pratap nagar metro station and pul bangash metro station are the nearest to this area. it is within walking distance to the indian railways subzi mandi railways station.

within a radius of 500m, it has two bus stations. mayur vihar phase - 1 terminal & mayur vihar phase -1 red light.

schools, bank & fitness centers

schools in this area

• amity international school

• mother mary s school

• asn senior secondary school

• little millennium school

• euro kids pre “ school

banks in this area

• yes bank

• icici bank mayur vihar delhi

• andhra bank

• central bank of india

• federal bank

• corporation bank

nearby atms for all prominent banks

• icici bank atm

• hdfc bank atm

• indusind bank atm

fitness centers in the area 

• anytime fitness gym

• muscle fit gym

• hollywood fitness studio

popular landmarks near locality

• delhi shopping tour in jawahar nagar, 1.8 km from pratap nagar metro station.

• amity international school, mayur vihar

micro market analysis

capital and rental trends

• witnessing an increase of 1.2% from oct-dec 20  quarter, the average price for a multistorey apartment comes to rs 10183/ square foot for jan “ mar 21  quarter.

• in pratap nagar, 30% of the property lie in the bracket of rs. 40 lakhs “ rs. 60 lakhs, while 20% is in the range of rs. 20 lakhs- rs.40 lakhs.

scope of growth

pratap nagar has been rated high on commuting, connectivity and hospital parameters. it s a very safe locality, good with cleanliness and well connected by trains, buses and public transport.

investment opportunities

according to the price trend analysis, the increase from oct-dec 20 quarter to jan-mar 21quarter makes it a good idea to invest in buying and selling properties. with a more significant number of multistorey apartments coming up, everyone s looking for leisure and entertainment. as there is no industrial activity, the only economic activity taking place is property renting and leasing.  with a large number of food and beverages outlets and fashion & lifestyle outlets with top brands, investment can be fruitful.