[ecis2016.org] Dwarka is a locality in south-west Delhi. It is a well-known residential area in the city of Delhi. It is being developed as a ‘smart city’ under Delhi Development Authority’s sub-city project
Dwarka is named after the Dwaraka Kingdom. Dwarka is a well-developed residential area with proper social infrastructure. The real estate of Dwarka is gradually improving. There are different types of flats and apartments in Dwarka of different sizes from 1-BHK to 4-BHK. There are apartments and independent houses too in Dwarka. There are builders in Dwarka like Gupta Realtors, Priyanka Housing Consultants Private Limited, etc., who are constructing several flats and apartments in this locality.
You are reading: Dwarka property market: An overview
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Connectivity with nearby Dwarka localities
- The distance from Dwarka to Indira Gandhi International Airport is 15 kilometres.
- The distance from Dwarka to New Delhi railway station is 23.9 kilometres.
- There are several bus stops which help to connect to other places.
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Employment hubs near Dwarka
- The distance from Dwarka to Connaught Place is 23.2 kilometres.
- The distance from Dwarka to Hauz Khaz is 19.6 kilometres.
- The distance from Dwarka to Janakpuri is 7 kilometres.
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The various schools in this area include St Mary’s School and Infant Jesus School. The hospitals here are Delhi Government Dispensary and Soul Medicos. The ATM of banks in Dwarka include ICICI Bank ATM and Yes Bank ATM. The shopping malls in Dwarka are Vardhaman Crown Mall and Vaamla Retails Enterprises. Restaurants here include Republic of Chicken and Indian Spice.
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Price trends in Dwarka
The price trend in Dwarka from October 2016 to December 2016 for multi-storey apartments are as follows:
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The highest price is Rs 9,593 per sq ft, the average locality price is Rs 8,110 per sq ft and the lowest price is Rs 6,627 per sq ft. The highest builder floor apartment price is Rs 6,816 per sq ft, the average price is Rs 5,261 per sq ft and the lowest price is Rs 3,706 per sq ft. The highest price for residential houses is Rs 9,980 per sq ft, the average locality price Rs 7,877 per sq ft and the lowest price is Rs 5,774 per sq ft.
Also See: Check out flats for sale in Dwarka
Reasons to invest in Dwarka
Dwarka is one of the most developed localities for residential purpose. Commercial hubs, shopping complexes, restaurants, etc., are close by, along with the airport and railway station. The transport system of this area is good and the residents can smoothly travel without any hassle. The property prices are increasing, as the demand for this area is increasing among the people. The real estate investors can invest in this area without thinking of incurring any loss. There is a lot of demand for this area and as it is located in south-west Delhi. This makes it an even more attractive place for residents.
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Source: https://ecis2016.org/.
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Source: https://ecis2016.org
Category: Lifestyle
