Rama Park, Delhi

rama park, Delhi is a sub locality of nevada in new delhi, the national capital of india.

the locality is adjacent to the nazafgarh drain and is bordered by the nala road.

rama park is adjacent to the localities of – mohan garden, dwarka sector 15, Mansa Ram Park, laxmi vihar, kiran garden, bhavati garden, and bhagvati garden extension.

key highlights

excellent public transport infrastructure. the region is serviced by grey metro line via dwarka metro station and the blue metro line via dwarka mor metro station, uttam nagar metro station. located just 20 kilometers from the indira gandhi international airport, one of the busiest airport in india.

whats great?

plenty of local weekly markets in the region for weekly shopping of vegetables, meat, and fruits. markets such as - tuesday market, saturday market, fruits market and friday market

whats not great?

the problem of frequent traffic jams on the narrow roads of the region

the najafgarh drain, which runs parallel to the region, is highly polluted.

Watch out for?

residential properties near the vidhya vihar park and the hashtag phase ii district park and properties near the nala road is also a good idea.

social infrastructure

devi temple.

shopping complex & markets

*sani market, zaildar enclave

*tuesday market, shiva enclave

*saturday market, zaildar enclave

*2 fresh supermarket, nawada

*fruits market, bapola

health care centers

*ashirwad nursing home, lions enclave

*mata chanan devi hospital, uttam nagar,

*gandhi hospital, hastal

*tarak hospital india private limited, najafgarh road

connectivity & public transport

*dwarka metro station

*dwarka mor metro station

*uttam nagar metro station.

schools, bank & fitness centers

schools:

*vidhya bharti open school, dwarka mor

*pioneer plus college, vikas nagar

*gyanpeeth polytechnic, dwarka mor

banks:

*bank of maharashtra, dwarka mor

*canara bank mohan garden

*nearby atms of prominent banks

*yes bank atm , dwarka mor

*axis bank atm, mohan garden

*canara atm, mohan garden

fitness centers:

*fitness one gym, nevada extension

*yes gym, mohan garden

popular landmarks near locality:

*hastal phase ii district park

*mohan garden police station

capital and rental trends

*the property market in rama park, delhi  mostly consists of builder floor  apartments which make about 64% of all the offerings for sale

*the remaining offerings for sale are covered by residential apartments making about 25% of all the properties. the 7 % of the properties are covered by residential houses, and the remaining 4% is covered by the residential plots.

*the most popular apartment configuration consists majorly of 2 bhk 45%, while 36% are the 3 bhk , 12% are the 1 bhk properties while the remaining properties are a mix of 5%, &% and other properties.

*the price range of residential properties is about inr 3,000 to inr 54,600  per sqft, with the lower limit offered for residential apartments and the higher limit offered for residential houses.

*speaking of the price variation in the builder floor apartments, the price band is about inr 3,700 – inr  5,900 which average out to be at inr 5000

*for the rent market, about 71% of properties listed for rent are builder floor apartments, 14% are commercial office space, 7% are commercial shops and 8% are residential houses. the 2 bhk (45%), 3 bhk (36%), and the 1 bhk (19%) apartments are the most available apartments for rent.

*the base price for 1 bhk apartment for sale starts from inr 20 lakhs

*the average rent prices for a 2 bhk apartment starts at inr 10,000 and can go as high as inr 25,000 depending upon locality.

scope of growth

the builder floor apartments for a majority of the listing in the area and thus, their growth statistics are the most important ones. the prices of the builder floor apartments in the area have seen about 6% growth in the first quarter of fy 2021-2022.as compared to the last quarter of fy 2020-2021, and that is despite the pandemic hitting in 2020. this growth rate is expected to stabilize at the rate of about 8% by the end of the year as soon as the prices stabilize.

investment opportunities

investment in the residential properties near the vidhya vihar park and the hastal phase ii district park is a good idea.

investment in the properties near nala road is also a good idea.