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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