located in new Delhi, Punjabi Bagh West is a prominent residential locality, offering several variants of housing apartments at stellar prices. its pin code is 110026, and the neighbourhood is one of the most pristine, making it a desirable abode of residential bliss.
with the growing industrial and corporate sector in new delhi, career opportunities have tripled over the last few years, making neighbourhoods like punjabi bagh west a treasure trove of housing complexes with several aspiring homeowners looking to purchase and rent.
multi-story apartments are the most common, among which the 3bhk flat variant is the most popular. builder floor apartments are also commonplace, most of which are posted by agents rather an individuals or landlords. punjabi bagh west is a popular and posh locality, and the pink line of delhi metro rail corporation (dmrc) passes through this locality.
the average price in this locality is rs. 14214.0 per sq. ft, and a 3 bhk is available for sale in the price range of rs. 1.50 cr to 3.75 cr in punjabi bagh west. punjabi bagh west has ample parking space, and the road quality is very good as well.
key highlights
it is a posh locality, offering luxurious apartments at affordable rates
gardens, shops, malls, markets, parks and other conveniences are located nearby.
schools, hospitals, parks, malls, markets, eateries and many prominent landmarks are housed within close proximity, offering a rather high standard of living within the capital city of india.
whats great?
many luxurious housing complexes are both complete as well as underway.
excellent public transportation is available in this prime locality, including buses, taxis and trains.
reputed corporate parks and tech hubs in new delhi are close by.
comfortable amenities of recreational, convenient and practical types are scattered within the area.
whats not great?
parking can be an issue in some areas.
heavy traffic has been observed during peak hours.
Watch out for?
prominent corporate parks and tech hubs are within close range, giving rise to career growth.
uber-luxe apartments at throwaway prices are available
schools, colleges, clinics, parks, eateries, markets, shops and malls are within walking distance.
property rising factor
short term- variants ranging from 1bhk - 4bhk are being constructed as well as ready to purchase for those interested in investing. some other short term factors could be the excellent location of the locality presence of a metro station in the premises of the locality.
long term- the long term factor could be inflation and a rise in demand for real estate in such posh localities. although the price of real estate is already high in this locality, one cannot predict the price ceiling in such prominent localities.
other highlights
social infrastructure
the local transport is excellent in punjabi bagh west, which includes trains, buses and taxis as the most popular. connectivity to the national highway via smooth and bump-free roads makes commuting a breeze, both within the neighbourhood and the rest of new delhi and beyond. parking within housing complexes is abundant.
shopping complex & markets
shopping complexes in the neighbourhood include;
west gate mall
general store
tdi mall
health care centers
some of the reputed healthcare centres and hospitals in this locality include:
maharaja agrasen hospital
apollo hospital
connectivity & public transport
the train station, bus stop and metro station is very close, making local travel very convenient. buses, taxis and trains also move frequently, making commute to work and other places swift and easy. connectivity to the national highway is also very good, so one can get to other parts of a city in a jiffy.
schools, bank & fitness centres
schools
mentioned below are some of the reputed schools in the locality;
ch. jaswantlal public school
n.c jindal public school
presidium punjabi bagh
banks
mentioned below are some prolific banks and atms in the area.
canara bank
yes bank
icici bank
fitness centres
some of the fitness centres in and around punjabi bagh west locality are:
i workout gym
seven pillars fitness
popular landmarks near locality
the punjabi bagh west metro station, the shivaji park metro station, st. mark’s church, iskcon temple punjabi bagh, s.m arya public school and maharaja agrasen hospital are some of the popular landmarks around the punjabi bagh west locality in delhi.
micro market analysis
capital and rental trends: both rental and sale trends in the residential sector of punjabi bagh west have seen a constant demand. while properties for sale at a price range of rs. 75 lakhs - rs. 3.5 crores, the rental range of the same is rs. 50000 - rs. 65000. there are around 51 properties for sale in the neighbourhood and nearly 17 for rent.
scope of growth: there is staggering growth in the corporate sector around punjabi bagh west, especially in the rest of new delhi. property prices are now slowly gaining momentum, and investors are rejoicing. both, for investment purposes as well as for personal use, apartments in punjabi bagh west are being built by reputed builders, adding to the trust factor. prices in 2021 will see a considerable leap as opposed to 2020.
investment opportunities: there are several furnished as well as unfurnished properties for sale in this locality, which can act as good investment opportunities as the locality is one of the most popular and posh localities in delhi and demand for real estate in this area as well as prices will surely rise in the future years.
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