Vijay Vihar, Delhi

vijay vihar is a locality in north western part of Delhi near pitampura locality. the bhagawan mahavir marg that passes close to the locality connects the locality to various other prominent places of North Delhi like kashmere gate, shastri nagar, etc. the red line of delhi metro rail corporation (dmrc) passes along this road as well thereby providing the residents good connectivity to various parts of the national capital region (ncr). there is a temple and a mosque in the locality premises and ample greenery is maintained in the area. the locality is also well connected to the mangolpuri area where one can find good markets where they can get all commodities at reasonable prices.
2 bhk and 3 bhk are the common housing configuration in the locality, the prices of which are in the affordable side as the demand for this locality is not as such high yet. some of the localities surrounding vijay vihar are Rohini Sector 4, rohini sector 5, budh vihar phase i and rithala.
key highlights:
the red line of dmrc passes close to the locality and the rithala metro station on it is the closest for the residents of the locality.
the locality is also close to popular hospitals of delhi like the dr. baba saheb ambedkar hospital and delhi multi speciality hospital.
the newly developed and trending japanese theme park in rohini is also in close proximity of the locality.
what’s great
the residents of vijay vihar are well connected to various parts of ncr via the roadways as well as the metro routes.
the real estate around the locality is affordable as the locality is not as prominent as those in the central part of the city.
all facilities are available at close range for the residents of vijay nagar including schools, hospitals, malls, parks, etc.
what’s not great
the locality is a bit away from the central part of delhi and at quite some distance from parts of ncr like gurgaon, ghaziabad and noida as the locality is close to the western border and all these prominent areas are in the eastern side.
the parking space in the locality is limited and the roads are not that wide.
Watch out for?:
the locality is close to the red and green line of dmrc so travel within ncr is easy and convenient for the residents of the locality. affordable rent rate in this locality attracts tenants and so does the availability of good quality services and facilties in close range.

property rising factor:
short term- the short term factor for rise in property prices could be the fact that there are a few new projects under construction in the area and the presence of metro lines that offer good connectivity to the residents.
long term- the long term factor for rise in property prices could be inflation and the expansion of the metro lines.

other highlights:
social infrastructure
the locality has a decent social and retail infrastructure as there are reputed schools, hospitals, parks, markets, malls, etc in close proximity.

shopping complex and markets
there are several markets around the locality like the naharpur market, rohini sector 4 market, pandit ram kumar market, etc. apart from these local markets, there are several individual shops in the locality along with street vendors as well so residents don’t have trouble acquiring their daily requirements. there are malls close to the locality as well, like the metro walk mall.

healthcare centres
some of the healthcare centres and hospitals around the vijay vihar locality include:
dr. baba saheb ambedkar hospital
delhi multi speciality hospital
new family hospital
dayal hospital and maternity centre

connectivity and public transport-
the locality is a bit far from the central part of delhi and various important places of ncr like noida, gurgaon, ghaziabad and faridabad, but the presence of metro services nearby ensures that the residents of vijay vihar are connected to these places, although the journey is time consuming.

schools, banks and fitness centres-

schools
some of the schools in and around vijay vihar are:
jaypee public school
skyland public school
gunjan public school
banks
the banks in this area providing services to the residents of vijay vihar are:
state bank of india
hdfc bank
indusind bank
fitness centres
some of the fitness centres in and around the vijay vihar locality are:
fitness zone gym
body worx gym

popular landmarks-
popular landmarks around vijay vihar include:
avantika udyaan
mangolpuri police station
indraprastha college of advanced studies
tiranga chowk
delhi multispeciality hospital

micro market analysis:
capital and rental trends- the price of a 3 bhk in this locality lies in the range of inr 18 lakhs to 60 lakhs while the rent rate for the same lies in the range of inr 16,000 to 20,000.
scope of growth- the locality is a bit congested so until the old properties are broken and new ones are constructed, tapping into the true potential of growth in terms of infrastructure in this locality won’t be easy. 
investment opportunities- there are currently around 30 properties for sale in this area which can act as good investment opportunities as the current price isn’t that high and in the near future the prices are likely to rise, especially with the expansion of metro lines.