Rohini Sector 23, Delhi

this is a primarily residential locality that has a lot of low rise apartments built by the Delhi development authority that is mainly catering to the mid-segment home buyers of delhi. the area is calm and peaceful and is surrounded by greenery in the form of parks and trees. the area is close to bhagawan mahavir marg that helps residents travel to all parts of rohini and pitampura. it is close to both the red line and yellow line of metro. it has great schools and hospitals in the vicinity. there is also a lot of job places in and around Rohini Sector 23. 

there are currently around 150 properties available for sale in this area. these mostly include 3 and 4 bhk apartments ranging between 48 lacs to 4.5 cr. there is a wide range of options available and, therefore, a wide price range. out of the properties for sale, 19% of the properties are in the 40-60 lacs range, 15% are in the 60-80 lacs range, and 10% are in the 1.8 cr – 2 cr range. rest are above 2 cr. there are also a few 2 bhks available for sale here. 

there are currently 9 properties available in the rent market in the range of 2 and 5 bhks. the price per month, therefore, ranges between rs. 11,000 per month to rs. 1.5 lac per month. the properties available for rent are of good finish although some are from very old properties. therefore, there is a price difference where the best 2bhks are rented for rs. 16,000 per month. 2 bhks form around 89% of the properties available on rent in this place. 

key highlights –     

• the area is peaceful and calm, and well connected to nearby localities. 
• there are many malls, hospitals, and schools in the vicinity.
• there are many properties that are available at easily affordable prices for sale and rent. 

whats great?

• the connectivity options of the place are excellent since you can live here in peace and calm and still reach the other important locales of rohini owing to the proximity to the bhagwan mahavir marg.  
• the natural greenery and parks are a great way to unwind during weekends and feel fresh after a tiring day at work.  

whats not great?

• the area sees traffic congestion on the main road during peak hours of the day. 
• there are many vip movements seen on this road leading to restricted traffic during important hours of the day. 
• there are not many public transport options available in the area except the bus stand and nearest metro station. having a private vehicle is beneficial to commute to and from this area. 

Watch out for? –  

the dda builds many well-established apartments in this region. you can expect to find properties for rent and sale in illustrious and well-known apartments like green hill apartment, palm city apartment, abhilasha apartment, and saptarishi apartments.  there are new properties planned in the area also. 

property rising factor

short term: the area does not see much short term price rise since the property market is saturated with the lifecycle of offerings, and new projects or developments do not happen in the area. it is a mid-segment market and has a great supply of properties suitable for this buyer segment. also, the surplus inventory has not seen much demand in the past few years and therefore, the prices stay constant over months. 

long term: the area has a healthy trend in terms of long term price rise. the locality has seen a very little dip in prices in the long run. it has actually seen a great long term price rise owing to the establishment of the heritage school and max fort school in the surrounding areas. 

other highlights  

social infrastructure

the area has the best of schools in rohini and is also close to major malls and hospitals. the maintenance is average of the locality. other than restaurants, the options in healthcare, education, travel and social infrastructure is good. 

shopping complex & markets

 the locality of rohini sector 23 has many malls and marketplaces. these are as follows:

• baaz mall
• best star mall
• central mall
• parsvnath mall
• emaar mall
• kings mall rohini
• north ex mall
• pacific mall tagore garden
• aggarwal prestige mall
• royal shopping mall
• a5 market complex
• book market
• dda market
• mini market
• city market 

health care centers

hospitals and health and diagnostic centres in and around the area are as follows - 

• brahm shakti hospital 
• avantika multispeciality hospital
• shri balaji hospital
• ujala cygnus hospital
• shree aggarsain international hospital
• aiims
• gws hospital 

connectivity & public transport

• pocket 4 bus stop, rohini sector 23 bus stop and begumpur thana bus stop are the nearest to this area. these have major buses plying to and from major delhi localities. 
• rithala metro subway station is close at hand, and nangloi metro station is also accessible. 
• the public cab and taxi services are a bit limited here. having a privately owned car is beneficial for the kind of roads in this area. 

schools, bank & fitness centers

schools

• maxfort school 
• delhi government school 
• atulya international school 
• nagar nigam govt school 
• school of excellence, directorate of education  
• nigam pratibha bal/balika vidyalaya
• the heritage school 
• sanskar public school 

banks 

• axis bank
• indian bank
• bank of india
• yes bank 
• bank of maharashtra
• icici bank 
• indusind bank
• hdfc bank
• state bank of india

fitness centres

• gladiator gym
• a2 fitness
• powerhouse gym 
• olympic gym
• ss health club & gym
• pumping brothers health club & gym
• the solankis gym 
• dronacharya gym  

popular landmarks near locality

• shri balaji hospital is a major landmark in this area. 
• sector 23 park is a regularly visited place and adds to the charm of the locality with its peace and calm. 
• maxfort school is a popular and well known educational institution that is a major landmark of this place. 

micro market analysis

capital and rental trends: the price rise in this area has been steady over the past many years owing to the urbanization and introduction of well-maintained services in the locality. the price dip has never been massive compared to the rise in charts. on the contrary, capital and rental trends have been not so encouraging.   

scope of growth: the area has seen tremendous growth in the past few years. the track and field training area of sector 23 is a popular hub of people learning various sports events. this is the main attraction which can draw buyers and people interested in moving into this area. 

investment opportunities: there are not many investment opportunities currently in the residential arena; rather, there are more options in retail and commercial spaces.