The Most Affordable Localities in Delhi: IN Detail

Jan 10, 2024

 Introduction

Delhi, the bustling capital of India, is home to millions of people from all over the world. Known for its rich history, UNESCO World Heritage sites, and diverse culinary scene, living in Delhi can be quite expensive. However, several affordable localities in the city cater to individuals on a budget, including students and young professionals. In this article, we will explore the top 10 most affordable areas in Delhi, highlighting their average property prices and rental rates, as well as their connectivity and essential amenities.

1. Uttam Nagar: Affordable Living in West Delhi

Situated on the western side of the city, Uttam Nagar is a locality that has witnessed significant development in recent years. While it was once known for its unauthorized colonies, the Delhi Government has taken initiatives to improve the physical infrastructure and basic amenities in the area. Uttam Nagar offers excellent connectivity to prime areas like Dwarka, Janakpuri, and Vikaspuri, as well as Gurgaon, the financial and technology hub of India.

Connectivity:

  • Uttam Nagar is easily accessible via the Dwarka Mod, Nawada, Uttam Nagar West, and Uttam Nagar East metro stations.
  • The Indira Gandhi International Airport can be reached within 30 minutes from Uttam Nagar.

The average price for sale in Uttam Nagar ranges from Rs 4000 to Rs 6900 per square foot, making it an affordable locality for those looking to buy a property. Similarly, the average price for rent in Uttam Nagar is between Rs 11 and Rs 18 per square foot.

2. Laxmi Nagar: A Hub for Students and Professionals

Laxmi Nagar is a preferred locality for many students and young professionals due to its proximity to ITO and Noida. It is known for its abundance of coaching centers, making it an ideal place for those preparing for competitive exams like CA and UPSC. Laxmi Nagar offers a mix of residential and commercial properties, including builder floors and independent houses.

Connectivity:

  • Laxmi Nagar is well-connected to major railway stations like New Delhi Railway Station and Hazrat Nizamuddin Railway Station.
  • The locality has easy access to public and private sector companies located in areas like Scope Minar, Aayakar Bhawan, and Aditya Tower.

The average price for sale in Laxmi Nagar ranges from Rs 5900 to Rs 10500 per square foot, while the average rent price is between Rs 15 and Rs 24 per square foot.

3. Govindpuri: Affordable Living in South Delhi

Situated in the southern part of Delhi, Govindpuri is a locality that offers affordable housing options and excellent connectivity. It is located near popular areas like Greater Kailash, Chittaranjan Park, and Saket, making it an attractive choice for residents. Govindpuri is known for its builder floors, which cater to buyers with different budget ranges.

Connectivity:

  • Govindpuri has its metro station on the Violet metro line, providing easy access to different parts of the city.
  • The locality is well-connected to employment hubs like Jasola District Centre, Saket District Centre, and Mohan Cooperative Industrial Estate.

The average price for sale in Govindpuri ranges from Rs 3400 to Rs 5400 per square foot, while the average rent price is between Rs 12 and Rs 24 per square foot.

4. Nawada: A Premium Residential Locality

Nawada, located in the western part of Delhi, is a premium residential locality that offers affordable housing options. The area has witnessed significant development in recent years, with excellent civic amenities and easy access to metro and roadways. Nawada is home to various residential projects, including DPWHO Project-I A, Kodan Homes 3, and Nawada Housing Complex.

Connectivity:

  • Nawada is conveniently located near the Dwarka metro station, making it easily accessible.
  • Delhi Cantonment Railway Station is also within a 10-kilometer radius of the locality.

The average price for sale in Nawada ranges from Rs 4400 to Rs 7300 per square foot, while the average price for rent is between Rs 11 and Rs 19 per square foot.

5. Mayur Vihar: Affordable Living with Excellent Infrastructure

Mayur Vihar, located in the eastern part of Delhi, is a locality that offers affordable properties with excellent physical infrastructure and connectivity. Divided into three phases, Mayur Vihar is primarily composed of residential apartments and is known for its well-known projects like Rosewood Apartments, Dronacharya Apartments, and Vigyapan Lok Apartment.

Connectivity:

  • Mayur Vihar is well-connected to the Blue and Pink metro lines, providing easy access to different parts of the city.
  • The New Delhi Railway Station is just 12 kilometers away from the locality

The average price for sale in Mayur Vihar ranges from Rs 5900 to Rs 10700 per square foot, while the average price for rent is between Rs 15 and Rs 26 per square foot.

6. Khanpur: Greenery and Connectivity in South Delhi

Khanpur, located in South Delhi, is a densely populated locality known for its greenery and excellent connectivity. It is situated near popular areas like Saket, Greater Kailash, Pushp Vihar, and Sainik Farms. Khanpur offers a mix of independent houses and builder floors, providing housing options for buyers with different preferences and budgets.

Connectivity:

  • Khanpur will soon have its metro station under Phase 4 of the Delhi Metro Rail Corporation (DMRC) project.
  • The Hauz Khaz metro station is also nearby, providing additional connectivity options

The average price for sale in Khanpur ranges from Rs 3600 to Rs 5059 per square foot, while the average price for rent is between Rs 11 and Rs 16 per square foot.

7. Madhu Vihar: Affordable Living near Dwarka

Madhu Vihar is a sub-locality near Dwarka that offers affordable living options with good connectivity. The locality primarily consists of 2 BHK and 3 BHK independent floors, making it suitable for individuals and families. Madhu Vihar is well-connected to the Dwarka Mor Metro Station and provides easy access to major IT companies and hubs in Gurgaon.

Connectivity:

  • The nearest metro station to Madhu Vihar is the Dwarka Mor Metro Station.
  • The Palam Railway Station is also close to the locality, offering additional transportation options.

The average price for sale in Madhu Vihar ranges from Rs 7200 to Rs 14000, while the average price for rent is between Rs 5000 and Rs 10000 per month.

8. Sector 24, Dwarka: Affordable Living in South West Delhi

Sector 24, Dwarka is located in the South West Delhi region and offers affordable housing options with excellent connectivity. The locality is well-connected to Gurgaon and Golf Course Road, making it an attractive choice for residents. Sector 24, Dwarka is home to various residential projects like Nahar Apartment, DDA Flats, and Golden Apartment.

Connectivity:

  • Sector 21 Dwarka metro station is located within a 4-kilometer radius of the locality.
  • The Palam metro station can be reached within 30 minutes, providing access to Indian Railways trains.

The average price for sale in Sector 24, Dwarka ranges from Rs 4375 to Rs 6250 per square foot, while the average price for rent is between Rs 15 and Rs 19 per square foot.

9. New Ashok Nagar: A Convenient Locality between Mayur Vihar and Noida

New Ashok Nagar is a locality situated between Mayur Vihar (Delhi) and Noida (Uttar Pradesh). It offers low-rise flats and independent floors, making it an affordable choice for the middle-class group. New Ashok Nagar is well-connected to Noida and South Delhi via the DND flyway, and it provides easy access to several regularized colonies.

Connectivity:

  • New Ashok Nagar has its metro station on the Blue line, running between Dwarka and Noida.
  • The Hazrat Ali Nizamuddin Station is only 9 kilometers away from the locality.

The average price for sale in New Ashok Nagar ranges from Rs 3000 to Rs 5000 per square foot, while the average price for rent is between Rs 15 and Rs 25 per square foot.

10. Ghitorni: Affordable Living in the South-West

Ghitorni, located in the South-West direction of Delhi, is an excellent locality offering affordable housing options. It is well-connected to Gurgaon, Chattarpur, and Vasant Kunj, making it an attractive choice for residents. Ghitorni offers a mix of independent houses and apartments, with popular residential projects like Shree Apartments, N K Vaishnav Apartment, and Dreamz Home Society.

Connectivity:

  • Ghitorni has its own metro station, providing convenient access to different parts of the city.
  • The locality is well-connected to employment hubs like IMMWIT Pvt. Ltd., X Finity Global, and Edutyke.

The average price for sale in Ghitorni ranges from Rs 2175 to Rs 4375 per square foot, while the average rent price is between Rs 15 and Rs 20 per square foot.

Conclusion

In conclusion, Delhi offers several affordable localities where individuals can find their dream home without breaking the bank. From Uttam Nagar in West Delhi to Kondli in the eastern part of the city, these localities provide affordable housing options with good connectivity and essential amenities. Whether you are a student, a young professional, or someone on a budget, these localities offer a comfortable living experience in the bustling capital city of India.

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