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Shankar Vihar, Delhi

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About Shankar Vihar, Delhi

Shankar Vihar is a residential locality in the south of Delhi. it is located along the delhi ajmer expressway. shankar vihar is close to domestic and international airports.  

shankar vihar offers an easy lifestyle with all the amenities at a good reach from the area. the nearby localities to the area are vasant vihar, anand niketan, and basant gaon vasant vihar. the magenta line and the airport line of delhi metro pass through the area, which makes travelling to other parts of delhi easy. 


for the people working in the it and tech companies which are located in gurgaon, shankar vihar is an excellent option to invest in. the property types available are builder floor apartments and apartments. many of the apartments in the shankar vihar are 3 bhk types. there are over 5+ properties available in the area. the average price for property in the area is 15800 per sqft.


key highlights

  • traveling to other parts of the city is easy.

  • close to the indira gandhi international airport.


whats great?

  • lush green neighborhood with scenic views and significant developments.

  • good location with access to a number of healthcare facilities.

  • a good number of parks and restaurants in the area.


whats not great?

  • it might take a while to reach the center of the city.

  • busy roads with traffic issues during peak hours.


Watch out for?

the extension of the magenta line of the delhi metro has been successfully completed and is ready to be inaugurated. this is the janakpuri “ kalkaji mandir corridor which will help to improve the existing traveling facilities in the area. this will cause a rise in property prices and call for more development.


property price rising factor

short term

  • good amenities around the area

  • great public transport services

long term

  • proximity to the domestic and international airports.

  • well-developed roads and social infrastructure


other highlights

social infrastructure

according to all the reviews, it is clear that shankar vihar is an intelligent choice when one is considering investing in properties. the locality is rated highly in the parameters of connectivity, environment, and marketplaces. there are a number of restaurants around the area and also many parks and gardens. shankar vihar will provide you an easy and lavish life.


shopping complex & markets

¢ dlf promenade

¢v2 mega mart

¢city market

¢ambience mall

¢select citywalk


health care centers

¢daivik cure & care clinic

¢fortis india ivf clinic

¢vasant health centre

¢sacred heart hospital

¢rescue hospital


connectivity & public transport

  • the delhi domestic and indira gandhi international airport is at 2-3 km from this area. it can be reached by road or metro, anything which is convenient. 

  • the delhi metro magenta line passes through the area, and the nearest station on this line is the shankar vihar metro station. 

  • the palam railway station is at a distance of 8.9 km from this locality, and one can reach it within 12-15 mins by road.


schools, bank & fitness centres


schools

¢ kps convent school

¢mount st.marys school

¢delhi area public school

¢jesus & mary college

¢army college of medical sciences


banks

¢mufg bank ltd

¢bank of india

¢union bank of india

¢indian overseas bank

¢idbi bank


atms

¢kotak mahindra bank atm

¢axis bank atm

¢ rbl bank atm

¢canara bank atm

¢induslnd bank atm


fitness centers

¢club 9 gym

¢dronacharya the gym

¢generation next gym

¢fitness gym

¢karama crossfit gym


popular landmarks near locality

¢hauz khas

¢national maritime foundation

¢cisf camp


micro market analysis

capital and rental trends

  • shankar vihar has witnessed a growth of 2.8 percent in property prices in the last quarter. the property price for a multi-story apartment in shankar nagar is estimated to be around rs. 16977 per sqft.

  • the commonly purchased property type is the 3 bhk apartment type. the type of properties available in shankar vihar is- builder floor apartment, single apartments, and residential plots. the price for a 3 bhk apartment in this area is about rs. 2.35 cr.

  • for rental trends, the rent for a 1 bhk property in shankar vihar starts from rs. 16000 and for other property types it can go upto to rs. 50000.


scope of growth

  • shankar vihar has endless potential for development as it is very near to the delhi airport. it is excellently connected to other parts of the city through public transportation. the contextual study of this locality suggests that it offers a lavish lifestyle and clean environment.

investment opportunities

  • shankar vihar has exciting properties to offer for investment. there is a range of options in the types of room configuration and property type available.

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