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Vikas Marg, Delhi

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Rent: 18,000 - ₹ 1.5 L
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About Vikas Marg, Delhi

vikas marg is situated in the west of the new Delhi region. vikas marg, delhi is a developed locality with many places nearby located of historical significance. the area is commercially, culturally, and historically enriched.

the locality is ably connected to other major commercial regions like chandni chowk, Connaught Place, and anand vihar. the nearby areas that influence the localities are shakarpur, nirman vihar, preet vihar, bank enclave, and laxmi nagar.

the place has several sale projects that predominantly include low-rise apartment complexes, cooperative group housing societies, and builder floors. in addition, there are also independent houses and commercial plots for sale in vikas marg.


key highlights

situated at the heart of new delhi

one of the most important commercial and residential place

akshardham is nearby the area


whats great?

various modes of transportation for accessing new delhi and delhi regions

situated close to connaught place and chandni chowk region.

presence of high-quality infrastructures

well-structured and planned roads


whats not great?

traffic can be an issue during busy hours

the locality is a bit overcrowded.


Watch out for?

yamuna bridge lies near the vicinity.

shantivan, vijay ghat, and raj ghat are situated close to the locality.


social infrastructure

vikas marg, delhi, has admirably structured settlements. the presence of trendy shopping malls, reliable health infrastructures, top-notch educational facilities, and affordable retail services make the locality more efficient and increases its credibility rate. as a result, vikas marg has a livability index of 4.4 out of 5, higher than most cases. in addition, the locality has been remarkably rated on connectivity and marketing parameters.


shopping complex & markets

home 360

fbb delhi

stanmax

vijay sales

tata westside

v3s mall

east centre mall


health care centers

cosmos institute of mental health and behavioral sciences

makkar multispeciality hospital

radix healthcare

aarogya hospital

shanti mukand hospital

sharp sight center

patel hospital


connectivity & public transport

the three nearest metro stations to the area are laxmi nagar subway station, nirman vihar subway station and preet vihar subway station of blue line. the nearest railway station to the locality is tilak bridge railway station. in addition, the residents can access indira gandhi international airport within 30 minutes from the locality via nh 48.

since road transportation is an essential mode of transportation in the locality, some vital bus stops must be mentioned – laxmi nagar bus stop, shakar pur crossing bus stop, nirman vihar bus stop, preet vihar bus stop, and kakardoom crossing bus stop on vikas marg road.


schools, bank & fitness centers

schools in this area:

bal mandir senior secondary school

bharti public school

sneh international school

khalsa royal convent school

oxford school of accounting

oxford school of english

jagdish bal mandir public school


banks in the area:

icici bank

hdfc bank

state bank of india

bandhan bank

canara bank

federal bank

indusind bank

axis bank

syndicate bank delhi

nearby atms for all prominent banks:

icici bank atm

hdfc bank atm

bank of baroda atm

corporation bank atm

axis bank atm

canara bank atm

rbl bank atm


fitness centers:


anytime fitness

cult preet vihar

shape n size

chisel

neelkanth gym

marut gym & fitness center

quick-fit gym

the himalaya gym


popular landmarks near locality:

ek minar masjid

scope minar

dda park

lalita park


capital and rental trends

the recent price trend analysis suggested an increase of 1.2% during the quarter of january to march in 2021 compared to the quarter of october to december in 2020.

the starting price range of properties in the locality is rs. 8,125 per sq ft and can go as high as rs. 1,50,493 per sq ft. the most common room configuration for sale is 3bhk. the price range for a 3 bedroom apartment in the locality is starting from rs. 45 lacs to rs. 7 crores.

for rental trends, the range lies within rs. 20,000 and rs. 50,000 per month. the most favoured room choice for rental purposes is 3 bhk. the rent for a 3 bhk flat in the locality usually has a range within rs. 17,000 to rs. 45,000.


scope of growth

vikas marg has a massive scope of growth with it sectors, corporate offices, retail infrastructures, and smart shopping hubs nearby. the place lies close to the central region of new delhi and the bustling regions of chandni chowk. the increasing demand of the site to the estate builders is boosting its scope of growth.


investment opportunities

on analyzing price trends, it is recommended that buying and selling properties in vikas marg will be beneficial for both groups. however, due to the increase in price trends, the seller party will be more advantageous than the buyers. 56% of the properties are builder floor apartments, 42% of the properties are residential plots or commercial regions, and the remaining are independent houses.

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