8 Posh Areas in Delhi You Must Know About

New Delhi is the center of many things like politics, education, jobs, and many other things. The research shows that Delhi is home to at least 30 billionaires, whereas Mumbai's got 50 billionaires. With the introduction of the Delhi Metro, the state is running at its top speed towards development.

The property buyers got more interested in buying a Property in Delhi because of the convenience of transport. Many people started their jobs from Delhi as headquarters of many MNCs companies are situated in this state.

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When Delhi was not developed enough in the early days, people go to states like Mumbai and Bangalore for jobs and careers, but now, people come to Delhi to live and enjoy its lavish lifestyle. Yes, there are some areas in Delhi which got a lavish lifestyle. In this article, we will cover those posh areas and tells you about those areas.

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1. Jor Bagh

Jor Bagh is close to many historic places and malls like Safdarjung's tomb, which and the transport connectivity are excellent because of the nearby Jor Bagh Metro Station. Because of these facts, Jor Bagh's property is an expensive one, which is why this area is in the top 10 posh regions in Delhi.

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The property rate of this area starts from 13 crores and goes up to 78 crores. There is a limited property in Jor Bagh, but many new projects are coming up in this area which interests the property buyer to invest their money.

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2. Shanti Niketan

Shanty Niketan has housing colonies of govt. Officials and with the neighborhood areas like Chanakyapuri and Vasant Kunj, the property prices in this area automatically increase day by day. Many industrialists and govt, officials want to buy property in this area because of the locality.

The property rate of this area is nearly around 5 crores and goes up to 80 crores. If you want a property in Shanti Niketan, then the price would be about 6 lakhs per month.

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3. Hauz Khas

Hauz Khas is of the popular areas of Delhi, which is famous for its party clubs and cafes. People from different areas of Delhi come to Hauz Khas to enjoy and hang out with friends. According to housing.com, the property in this area starts from 2 crores and ends with 78 crores. If we talk about the rented properties, then the rent of that property will be at least 15 lakhs per month.

4. Safdarjung

It is home to many high-end people and also the south area of Hauz Khas. It has smooth connectivity because of the nearby metro station. There are many institutions and healthcare centers around this area.

The property rate of this area goes from 1 crore to 50 crores. If you are renting 1 BHK then per month it will cost you 15000 and villas will be 10 lakh per month.

5. Gulmohar Park

This area is maintained by DDA (Delhi Development Authority), and many renowned journalists, celebrities, and businesses purchased the property in this area because of the posh locality. The property rate varies from 1 crore to 30 crores. The rent of an independent house in this area is around 4.5 lakhs per month.

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6. Panchsheel Enclave

Panchsheel Enclave is another posh area of Delhi with all transportation facilities and a nearby metro station. The rate of property in this area is around one crore to 30 crores.

7. Green Park

Green Park is divided into two parts, i.e. mains and extension. It got a direct route to the metro, and you will find greenery and parks around this area. If you want to buy a Green Park property, then the cost will be around 1.20 crore to 80 crores.

8. Greater Kailash

Greater Kailash or GK for localities in Delhi is also divided into two areas, i.e. GK 1 and GK 2. Many celebrities and industrialist, and retailers own their property in this area. The estimated value of property in Greater Kailash is up to 50 crores.

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Conclusion

With the above information, we can say that Delhi no doubt have so many posh areas. That's why people are more interested in buying houses in these areas for future investment. Because of these posh areas, many retailers and many people are interested in purchasing the properties and want to settle in Delhi. So, what’s your decision?

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