Best Locations to Buy a 2 BHK Flat in Delhi
Are you exhausted from your flat-hunting journey in Delhi but unable to find any affordable homes? Well, look no further. Square Yards is here to make this tiring experience completely stress-free. Explore numerous 2 BHK Flats for sale in Delhi that fit your budget and put a tick mark on all of your desired facilities. From large lounging spaces to huge balcony decks, you can have it all in your dream home. Find your ideal 2 BHK Flat in Delhi today.
Dwarka Mor
Dwarka Mor is one of the most affordable residential areas in Delhi and enjoys seamless road connectivity via the Azad Hund Fauj Marg and Najafgarh Road. The area also has its own Blue Line metro station, which helps in daily transit and offers close proximity to the IGI Airport and Delhi Cantt. Railway Station.
Flats for Sale in Dwarka Mor, Delhi
Uttam Nagar
Uttam Nagar is located in West Delhi, which shares its borders with Janakpuri and Vikaspuri. The locality has excellent road connectivity via the Outer Ring Road and Pankha Road and is also near landmarks like New Delhi Railway Station and the IGI Airport. Uttam Nagar also has commercial establishments, essential services, and retail outlets, such as the Pacific Mall and DPS Dwarka.
Flats for Sale in Uttam Nagar, Delhi
Chattarpur
Chattarpur was previously known for being a hub of luxurious farmhouses but is now being transformed into a residential locality with urban conveniences such as schools, colleges, and marketplaces. The locality has its own Yellow Line metro station and enjoys excellent road connectivity via the SSN Marg and Acharya Shree Tulsi Marg.
Flats for Sale in Chattarpur, Delhi
IP Extension
IP Extension is one of the most developed residential areas of Delhi, located in Patparaganj, East Delhi. It has easy access to nearby residential and commercial areas via the Delhi-Meerut Expressway, NH-9, and Ghazipur Road. IP Extension is near three metro stations, one named after the locality and the other two—Mandawali-West Vinod Nagar and Preet Vihar Metro Station.
Flats for Sale in IP Extension, Delhi
Vasant Kunj
Vasant Kunj is a posh area of Delhi with lush green surroundings. It is divided into various sectors and pockets. The area enjoys a prime location on the south-central ridge and seamless road connectivity via the MG Road and Aruna Asaf Ali Marg. It is well-served by the Chattarpur metro station and has taxis standing at all times.
Flats for Sale in Vasant Kunj, Delhi
About Delhi
Being the capital of India, Delhi is one of the country’s prime cities, and it is rapidly growing in terms of population and employment opportunities. Delhi shares its borders with Gurugram and Noida and offers excellent public transportation services via a robust metro system and DTC buses. Residents enjoy the city's numerous cultural and entertainment hubs, which attract thousands of tourists annually, including Shilp Haat, the India Islamic Cultural Centre, and the Russian Centre for Science and Culture.
Delhi is known for its high-end business centres and encouraging start-up culture, which provides employment to many citizens of the country. Some of these offices include Flipkart, Amazon, TCS, and Google. The town also provides the most well-accredited educational institutions for families with children and healthcare facilities for older citizens, such as the DPS School, Bal Bharti Public School, Apollo Hospital, and Fortis Hospital.
| Metric | Information/ Figures |
| State | New Delhi |
| Area | 1,484 sq km* |
| GDP per capita (For 2022-23) | INR 273.603 Billion* |
| Official Language | Hindi |
| Population | 33,807,000* |
| Sub Registrar Office | https://revenue.delhi.gov.in/revenue/e-sub-registrar |
| Online Property Details | https://dmnorthwest.delhi.gov.in/service/e-search-property-registration-in-delhi-2/ |
Stamp Duty and Registration Charges in Delhi 2024
Stamp Duty and Registration Charges are mandatory for purchasing any property in Delhi. These are calculated by the officials according to a percentage cut of the property's current valuation amount. The costs of stamp duty and registration charges can vary according to the gender of the property owner and the exact number of owners of the property.
| Stamp Duty* | Male | Female | Multiple Owners (Male and Female) | Charges for Registration |
| Delhi’s Stamp Duty | 6% | 4% | 5% | 1% |
| Stamp Duty for the NDMC (New Delhi Municipal Corporation) | 5.5% | 3.5% | 4.5% | 1% |
| Delhi Cantonment Board’s Stamp Duty | 3% | 3% | 3% | 1% |
Market Trends for Delhi Real Estate
Delhi’s real estate market is at the forefront of residential sales compared to other cities. According to 2024 first-quarter stats, almost 61% of the residential project sales were made in Delhi only, with luxury homes being sold for INR 15,000 per sq. km. This upward trend hints at multiple investors trying to put money into the town’s real estate market, leading to more residential units being made.
The capital values of properties appreciated by 1-2% in the first quarter of 2024 and saw a massive jump of 12-15% from a Y-to-Y basis. Almost 86,345 residential units were sold in the market within the first 3 months of the year. These strong numbers hint at robust growth in the real estate sector, implying that it is the perfect time to invest in a New Delhi property.
Circle Rate in Delhi
The Circle Rate is the minimum amount the government sets for purchasing properties according to their locations and features. In 2024, the circle rate for flats built by private builders can vary from INR 55,400 to INR 1.1 Lakh according to their sizes, while for DDA flats, it can vary between INR 50,400 and INR 87,840.
The circle rate for the localities that are most in demand are:
| Locality | Circle Rate (Per Sq. Km.) |
| Vasant Kunj | INR 1.6 Lakh |
| Dwarka | INR 1.28 Lakh |
| Uttam Nagar | INR 56,643 |
| Chattarpur | INR 7.74 |
| IP Extension | INR 46,200 |
FAQ's
Q1. Which is the best place to buy property in Delhi?
The best places to buy property in Delhi are Dwarka Mor, Chattarpur and Vasant Kunj because of their ample residential choices and urban amenities.
Q2. Which part of Delhi is best for living?
Vansant Kunj is one of the best areas in New Delhi to live in.
Q3. Which is the safest area to live in Delhi?
Dwarka and Vasant Kunj are the safest areas to live in New Delhi.
Q4. What are the most popular projects in Delhi?
Some of the most popular projects in Delhi are Raheja Navin Minar, Godrej Connaught One and DLF One Midtown.
Q5. Where is the best place to buy a flat in Delhi?
The best places to buy a flat in Delhi are IP Extension, Vasant Kunj, and New Delhi.
Q6. How can I buy an affordable flat in Delhi?
You can buy the most gorgeous and affordable flats in New Delhi on the Square Yards website.
Q7. Which sector is best for living in Delhi?
Dwarka is the best sector to live in Delhi because of its premium urban facilities and excellent road connectivity.
Q8. Is Delhi costly to live in?
Yes, Delhi is a costly place to live, with an average monthly living cost of INR 30,000 ti 40,000 without rent.
Q9. Why Delhi is the best place to live?
Delhi is the best place to reside because of its excellent essential services, like schools, ample of entertainment options, like theatre shows, numerous recreational activities and lots of affordable shopping malls.
