Sector 8 Dwarka, Delhi

sector 8 dwarka, Delhi is a sub-locality of dwarka, one of the most prominent localities of the national capital delhi. the locality is adjacent to the indira gandhi international airport, the only international airport of the ncr region, and neighbor to the localities of – sector 7, sector 10, sector 22, sector 21, palam, and raj nagar. dwarka sector 9 marg borders sector 8 dwarka. the landmark of the region are dda sector 8 district park and mendi vala park. the locality comprises 5 sub-localities – block a, block b, block c, block d, and dda flat pocket. recently a sports complex has been announced in the region, and a significant area has been marked for construction. apart from the sports complex, an international convention and expo center has also been planned adjacent to the locality. the properties in the vicinity of these projects are the most profitable to invest in. the prominent builders of the region include – delhi development authority (dda) and cooperative group housing society (cghs) with dda pocket flats and cghs palam vihar are the prominent projects in and around the region. the circle rate of properties in the region is around inr 69,200 per square foot. the majority of the apartment market comprises builder floor apartments with residential plots and commercial properties having low offers in the market. the most common apartments in the region are – 3 bhk, 2 bhk, and 4 bhk apartments, and few 6 bhk apartments are also available in the region. 2 bhk apartments are in the price range of inr40 lakhs to 60 lakhs, 3 bhk apartments are in the range of inr 80 lakhs – inr 1 crore and 4 bhk apartments are in the range of inr 1.4 crore to 1.8 crore. the prices for rent lie in the range of inr 5,000 – inr 35,000

key highlights

• adjacent to indira gandhi international airport, one of the busiest airports of india offering connecting flights to several states and international countries. 

whats great?

• well, accessibility options in the region. it is accessible by dwarka sector 9 metro station and dwarka sector 8 metro station on the blue metro line. shahbad mod train station is also nearby of the region. 

whats not great? 

• the adjacent airport is a significant source of noise pollution in the region. 

         Watch out for?

• properties near the planned sports complex and international convention & expo center are most profitable to invest in. 

       property rising factor

        short term

• presence of reputed builders such as - delhi development authority (dda) and cooperative group housing society (cghs)

       long term

• a sports complex and an international convention and expo center have been planned adjacent to the locality.

other highlights

      social infrastructure

bars such as yoyo bar, tripple, atom, nashedi, barcode, bro heaven, and others in the region provide a decent social meetup point. 

shopping complex & markets

• khandelwal shopping complex, raj nagar
• vandana shopping mall, raj nagar i

health care centers

• artemis hospital, Sector 20 Dwarka
• delhi government health dispensary, block b, sector 8

connectivity & public transport

• dwarka sector 9 metro station
•  dwarka sector 8 metro station
•  shahbad mod train station is

schools, bank & fitness centers

schools

• n.r. public school, raj nagar
• shiksha bharti global school, sector 8, dwarka

banks

• state bank of india, block b, sector 8
• icici bank, dda park road.

nearby atms of prominent banks

• axis bank atm, block p, sector 8
• state bank of india atm, block b

fitness centers

• fitness first, raj nagar ii
• kick ash gym, raj nagar 

         popular landmarks near locality

• dda sector 8 district park
•  mendi vala park lake. 

micro market analysis

         capital and rental trends

• the circle rate of properties in the region is around inr 69,200 per square foot. 
• the majority of the property market in sector 8 dwarka, delhi is made up of builder floor apartments (77% of all the listings) with residential plots (10% of all the listings) and commercial properties (13% of the listings) having low offers in the market. 
• the most common apartments in the region are – 3 bhk (66% of all the apartment listings), 2 bhk (26% of all the listings) and 4 bhk (6%) apartments, few 6 bhk apartments are also available in the region.
•  2 bhk apartments are in the price range of inr40 lakhs to 60 lakhs, 3 bhk apartments are in the range of inr 80 lakhs – inr 1 crore and 4 bhk apartments are in the range of inr 1.4 crore to 1.8 crore. 
• the prices for rent lie in the range of inr 5,000 – inr 35,000. 2 bhk costs around inr 5,000 – 10,000 to rent whereas 3 bhk costs around inr 10,000 – 20,000 to rent. 

            scope of growth

• the prices of the builder floor apartments in the region in area have seen about 2% growth in the first quarter of f.y. 2021-2022 as compared to the last quarter of f.y. 2020-2021. this dip is expected to be an outcome of the covid -19 pandemic and prices are expected to stabilize by the end of 2021 at +1% positive growth. 

          investment opportunities

• properties near the planned sports complex and international convention & expo center are most profitable to invest in.