Vasant Kunj property market: An overview

[ecis2016.org] Vasant Kunj is one of the most prominent residential localities of Delhi. It is situated in the south-west part of Delhi. Vasant Kunj is home to a number of renowned politicians, celebrities and businessmen and officers of the Indian armed forces

Farmhouses are pretty common in this locality, with increasing rates of farm lands. Some of the ideal areas for buying farmhouses include Green Avenue Road, Park Lane, Ram Mandir Road and Mall Road

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Connectivity with nearby Vasant Kunj localities

The locality is well-connected to various developed areas and a number of hotels, schools, banks and hospitals via an excellent network of railways and roadways.

• This locality is served by the National Highway 8.
• The nearest railway stations include the Hazrat Nizamuddin railway station and the New Delhi railway station, which are located at distances of 17.8 and 18.1 kilometres, respectively, from the locality.
• The nearest airports include The Indira Gandhi International Airport, which is situated at a distance of 5.9 kilometres, while the Domestic Airport is situated at a distance of 7.8 kilometres from the locality.

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Employment hubs near Vasant Kunj

The locality is witnessing an increase the population in recent years, owing to its proximity to the offices of a number of renowned companies, namely:

• Bharti Enterprises
• Maruti Suzuki India Ltd
• Oil and Natural Gas Corporation
• IBM

Read also : Nanganallur property market: An overview

Schools in Vasant Kunj and other social amenities

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Vasant Kunj provides its residents with all kinds of social amenities to live a happy and peaceful life.  This includes various schools and hospitals. Ryan International School, DPS, GD Goenka Public School, DAV Public School, Kendriya Vidyalaya, Aditya Institute of Technology, Shri Sharada Institute of Indian Management and many more enjoy being the best educational institutions of Vasant Kunj.

The major health institutions in Vasant Kunj include Fortis Flt Lt Rajan Dhall Hospital, Institute of Liver and Biliary Sciences, VPS Rockland Hospital and Holy Angels Hospital.

Apart from these, it also provides recreational amenities and proximity to various banks and ATMs, including Punjab National Bank, ICICI Bank, HDFC Bank, Kotak Mahindra Bank and State Bank of India.

Vasant Kunj also provides its residents with a number of recreational amenities, of which the popular shopping arcades includes DLF Promenade, Ambience Mall and Vasant Square Mall.

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Physical infrastructure in Vasant Kunj

Plans for the disposal of commercial spaces in Vasant Kunj to make it exclusively a residential space have been made.

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Price trends in Vasant Kunj

• Price appreciation in Vasant Kunj – Around 50.9% in the last 33 months.
• Present property rates in Vasant Kunj – Rs 10,295 – Rs 15,815 per sq ft.

Read also : Nanganallur property market: An overview

Reasons to invest in Vasant Kunj

Vasant Kunj has emerged as a very convenient neighbourhood, considering the easy living conditions and many job opportunities that it provides its residents with. The rise in property prices and demand, make investing in Vasant Kunj a lucrative option. Vasant Kunj has emerged as a preferred working as well as residential destination of Delhi.

Projects like Shalimar Nest and DDA Ganga Apartment among others, situated in and around the locality are among the best projects to invest in Vasant Kunj.

Check Properties at Vasant Kunj

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Source: https://ecis2016.org
Category: Lifestyle