Owning A Property In Punjabi Bagh

By Author: mahesh sharma
Total Articles: 7
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West Delhi today is known as the residing place of the elite class of Delhi and people from all over the world who have known and heard about this place definitely would want to own a house here. Punjabi Bagh is one of those localities in West Delhi that has stood out in creating a wonderful array of residential properties in a well-planned way. In 90s with the liberalization of economy and the setting up of many banks Punjabi Bagh rose as one of the prime residential localities of Delhi. Apart from this setting up of retail and food outlets of almost every brand, national as well as international, has boosted the commercial value of this area. Residents too are spoils for choice with a host of top-notch schools, universities, basic amenities and places for socializing and playing for kids and adults alike. There is no doubt Punjabi Bagh was always destined to climb the charts to demand the best prices.

A property in Punjabi Bagh is considered as a feather in your cap. It is for the elite class of Delhi and it is totally justifiable ...
... when we look at the planning of the city. With no industries or manufacturing units anywhere around this place, it takes no expert to assert that it is a people oriented residential area with facilities beyond expectation. Since spacious bungalows are a unique feature of this place, the price range of property in Punjabi Bagh is from INR 15400 per sq. ft. to INR 25800 per sq. ft. which is much lesser than the prices of posh localities in Mumbai. Moreover land developers are continuing to come up with high-rise apartments to make space for more prospective residents. With airports and railway stations within a 15 km radius, this place is highly accessible and can be said to be well-connected internally as well. Some of the neighboring areas especially Rajouri Garden has inherited this trait of becoming a public-centric posh locality.

Rajouri Garden

Located in West Delhi, Rajouri Garden has become a name on the lips of all those who want to live a decent life in Delhi with the luxurious facilities at their feet. A majority of politicians and industrialists have made this place their home or have invested here due to its sheer market value. Apart from this the residents of Rajouri Garden, who mostly own private bungalows have all the brands just a walk away from their houses. Most of the companies have their outlets and showrooms here making it easy for the residents.

Anyone who owns a property in Rajouri Garden gets to access all the basic amenities, which includes excellent schools and colleges, areas to set up business and of course, all sorts of transport, making the locality well-connected. Again the absence of production units has benefitted this place.

The Final Verdict

One cannot compare Punjabi Bagh and Rajouri Garden since they are both so similar and yet distinct in the property trends that these places control. Very recently, the prices in Rajouri Garden shot up at the twice the rate. The prices here range from INR 15000 per sq. ft. to over INR 32000 per sq. ft. giving prospective buyers a huge window of opportunity with options to buy not just bungalows but also apartments. Hence owning a property in Rajouri Garden is indeed a good real estate decision one can bank upon for years to come.