Preet Vihar, Delhi

preet vihar, Delhi, is a highly sought-after location in the delhi region. preet vihar is connected to all parts of delhi and lies near to main inter-state bus and train terminuses. it has access to all amenities close by and provides a high standard of living.

to the north of this area are gagan vihar and laxmi nagar. karkarduma lies to the east. the regions of patparganj, fazalpur and ganesh nagar lie to the south of preet vihar and shakarpur flanks its western border.

there are many different kinds of property available in this region. 3bhk is the most common type, accounting for more than half of all available listings. a third of all listings are 4bhk properties. there are some bigger properties such as 6bhk also. they make up about a sixth of all listings together with the others. about a tenth of all properties are in the 2.4 “ 2.6 crores inr bracket and 2.8-3 crores inr bracket each. a third are in the above 5 crores range, while the remaining majority come in other price ranges. half of all availabilities are apartments and about a tenth are residential houses. about a sixth are residential plots.

key highlights

• this area is very close to the inter-state bus and train terminus. 

• this locality has great connectivity by the metro. 

• all amenities are readily available in this region. 

what s great

• connectivity by train, bus and metro is excellent. 

• this region has great hospitals and healthcare centers. 

• there are many good schools in the vicinity, making it ideal for children. 

what s not great 

• pollution can be high due to proximity to patparganj industrial area.

• the main road gets crowded during peak hours. 

Watch out for?

• preet vihar is one of the most upscale localities in the eastern part of delhi. it has many good restaurants available for sampling different cuisines.

  • tesoro mio kitchen  n  kaffe

  • shree rathnam restaurant

  • 4th street cafã©

  • bikanervala

  • gola sizzlers

  • tricky bites

  • berco s

  • the salt cafã© kitchen and bar

property rising factor

short term

• prices should keep increasing due to increased connectivity to delhi and india. 

• residential plots are still available, which will get developed further.

long term

• the surrounding areas are also becoming better with more projects coming up and newer schools and multispecialty hospitals opening branches. 

other highlights

social infrastructure

preet vihar is an ideal area to stay in delhi. all modern amenities are available. they include banks, markets, malls and fitness centers. essential facilities such as schools are also present. some of the best hospitals in both delhi and up can be easily accessed as it is close to the state border.

shopping complex & markets

• dda market

• lsc market

• jagriti market

• satguru market

• g block market

• b block market

• madhu vihar market

• madhuban market

• Swasthya Vihar market

• ramesh park cloth market

health care centers

• rs grover hospital

• makkar multi-specialty hospital

• radix healthcare

• narula medicare

• kosmos super-specialty hospital

• aarogya hospital

• metro hospital and cancer institute

• shanti mukand hospital

• sms hospital

• kottakkal ayurvedic hospital and research center

connectivity & public transport

• by bus “ anand vihar inter-state bus terminus is close by and buses from different states terminate there.

• by train “ anand vihar railway station is one of the main terminal stations for various express trains coming from all of india to delhi. 

• by metro “ there are two metro stations on the blue line of the delhi metro that serve this region. they are preet vihar and nirman vihar. 

schools, bank & fitness centers

• schools

  • sneh international school

  • vivekanand school

  • hillwoods academy school

  • new oxford public school

  • indira memorial public school

  • bharti public school

• banks

  • jammu and kashmir bank

  • idbi bank

  • hdfc bank

  • icici bank 

  • indusind bank

  • indian overseas bank

  • south indian bank

• fitness centers

  • body carving gym

  • first fitness

  • gypsy fitness club

  • anytime fitness

  • physique gym

popular landmarks near locality

• gufa wala mandir

• karkardooma court

micro market analysis

capital and rental trends

• the prices have remained steady despite the pandemic. as economic restrictions have eased, they have begun to pick up, seeing a rise of 1.2% quarter-on-quarter at the beginning of 2021.

• looking at per square feet rate, it was 10412 inr at the beginning of 2020. it fell to 10408 during the pandemic but rebounded to 10476 inr during the middle of the year. it has since risen to 10506 inr at the beginning of 2021. 

• rental trends show that about a fifth of all offerings are in the 10000-15000 inr/month category. about a third are in the 5000-10000 inr/month category and a tenth are in the 25000-30000 inr/month bracket. 

scope of growth

prices have rebounded after the lockdown restrictions have eased and are expected to keep rising. it is one of the best locations in delhi, offering connectivity to other parts of delhi and india. it has all requisite amenities nearby. the trend can be seen in the rising prices from the end of 2020 to the beginning of 2021.

investment opportunities

preet vihar is an ideal area for investment. while a significant number of properties are in the region greater than 5 crores, 2.4 “ 3 crores inr properties are also available. different property types, including apartments, houses and plots, are available.