| Properties in Delhi - North |
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North Delhi is a hot property market with a wide range of options in Residential, Commercial and Industrial properties. Its relatively peaceful environment and comfortable commuting make the real estate a priced option. North Delhi is also the hub of higher education as Delhi University and Indraprastha University and the famed north campus are attracting thousands of students and teachers who in turn are creating huge demand for rental housing in the area including PG rooms.
North Delhi’s developed infrastructure and transportation facilities are behind the rising rates of properties where an average appreciation of 60 percent is a normal thing. The important property markets under North Delhi or Old Delhi, Ashok Vihar, Azadpur, Civil Lines, Kashmere Gate, Model Town, Kingsway Camp, Mukherjee Nagar, Pitampura, Prashant Vihar, Rajiv Nagar, Rani Bagh, Rohini, Shakti Nagar, Ghanta Ghar, Shalimar Bagh, Wazirpur, Inderlok, Central Secretariat and Tees Hazari,
In recent years, Rohini and Pitampura have come up with good stock of residential, commercial and office properties. Rohini is attracting lot of new investors for its flats and apartments in the 1, 2, 3 bed room categories.
With property renting thriving as a profitable business in North Delhi, flats and apartments, Bungalows and villas, commercial shops and showrooms, shopping mall and office space are in hot demand, both for purchase and rent, according to prominent property dealers there.
To cater to the new demand for luxury residential properties, Parsvnath Developers has launched two projects close to the Civil Lines and Subhash Nagar Metro stations. This builder has already made its presence felt in North Delhi real estate with the La Tropicana apartments and villas on the Magazine Road of Civil Lines.
The new project of Parsvnath is meant for 4 and 5 bedroom, penthouses and villas. The M2K Group owns the commercial malls in Rohini and Pitampura. The group is also coming with Victoria Gardens, a residential project, in the Model Town area.
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