Property Rates for Two-Room Residences in North Delhi

Residential Property in Delhi at Makaan.com

While South Delhi is famous or say 'notorious' for its pretty penny rates, the other parts of the capital city are not that pricey or say, somewhat less extortionate. In North, there are a few (read “very few”) localities where residential properties do not cost a buyer an arm and a leg. Rest part of the northern region imitates the South in realty rates. Let's throw a light on how the prices are faring in this particular region of the capital. We shall be discussing in context of  2 BHK apartments only.

The affordable residential property in Delhi can be searched in localities like Rohini, Rani Bagh, Burari, Madhuban Chowk, Alipur, and Kamla Nagar. The starting price for two-room flats in these colonies lies in the 20-30 lac range, which is indeed a budget sphere. But, in no way it means that you won't find any 2 BHK apartment in crores. They are very much present there. But since the starting prices are relatively low, the mid-segment buyers can hope to own a house in these localities. Talk of the per square feet(psf) rate, the range lies between Rs. 3000-7000/ sq. ft. At G. T. Karnal Road, the psf rates are still lower: close to 2500/ sq. ft.

Now, let's talk about the pricey property for sale in Delhi. Pitampura, Paschim Vihar, Narela, Kamla Nagar, Pitampura, and Ashok Vihar are good examples in this regard. At Kohat Enclave, a two-bedroom flat is available at around 1.5 crore, while at Narela, Ashok Vihar, Kamla Nagar, and Pushpanjali Enclave, the starting range is around 40-80 lacs. At Ashok Vihar, the psf rate can go up to 40,000/ sq. ft. Accordingly, the price can go up to a value of whopping 4 crores!! At Paschim Vihar and Pitampura, the apartments as pricey as 1 crore or above are available. 

So, you see that rates in North Delhi ape that of South, in a majority of areas.

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