Rajinder Nagar, Delhi

rajendra nagar is considered as one of the poshest localities of Delhi-ncr. the locality has everything one can desire, starting from good street food on the shankar road, several shops for daily needs in the locality, luxurious homes, metro stations, schools, and colleges in close range. patel nagar, karol bagh, and shadipur are the nearby localities. 

the delhi metro rail corporation (dmrc) blue line passes through this locality. rajendra nagar s location is very good as it is located in central delhi, from where traveling to different parts of ncr (national capital region) is easy with so many options available. considering the locality location, the prices for a house on sale or for rent are considerably high as well.

key highlights:

• the rajendra place and the karol bagh metro stations of the dmrc blue line fall under this locality.

• important colleges like b.t.c, ihm pusa, and iti are within walking distance from the locality.

• the locality has facilities like various parks, hospitals, temples, and markets for the residents to avail themselves.

• important places, like Connaught Place, india gate is at a reasonable distance from the locality.

what s great

• it is a posh, well-established, and well-maintained locality with all amenities available for the residents at close range.

• good connectivity to various parts of delhi through metro services, bus services which are most commonly used. autos, ola, and uber, are available throughout th day in the locality too.

• rajendra nagar is considered one of the most important education hubs in delhi, as there are several reputed coaching institutes in the area, especially for students preparing for upsc.

what s not great

• the price of houses in this locality is excessively high due to its locational advantage.

• there is very little to no space for new locality projects, as it is an old and well-established locality.

• the shankar road, which connects the ends of the locality, remains very busy throughout the day.

Watch out for?:

• there are many pgs available in this and the surrounding localities, and the area is filled with students studying in nearby colleges and coaching institutions.

• frequent traffic jams on the shankar road.

property rate rising factors:

• short term- the locality is near several well-known colleges and coaching institutions, so with time, as competition in the educational field increases further and the number of houses in the already established locality remains limited, the prices will keep going up. although only a few new projects are undertaken in the area, they would still cost a lot for one.

• long-term- the locality is in the heart of the capital city, for its location alone, the price would just keep increasing, moreover being a well-established colony, the locality doesn t have scope to expand or create much new housing.

other highlights:

• social infrastructure

the social infrastructure of rajendra nagar is rated very highly as the daily requirements of the residents are available in close range. the locality has everything a resident could desire, be it parks, hospitals, post offices, schools, sports complexes, metro stations, etc.

• shopping complex and markets

the locality has several shops on either side of the shankar road, big bazaar below the metro station, and markets like the famous gaffar market of karol bagh, patel nagar market, etc. palika bazaar and connaught place are not that far away from the locality either.

• healthcare centres

healthcare centers are one of the most important things that a resident desires in their locality. rajendra nagar is well equipped with several class medical centers with having all the facilities. some of these centers are:

• sri gangaram hospital

• blk super speciality hospital

• city hospital

• connectivity and public transport

the rajendra nagar locality location is the biggest plus point of its connectivity to all of ncr; no place is too distant from the locality. thanks to the metro services, connectivity has become even easier. in addition, the bus services are very efficient along with taxis and autos as well. for transportation within the locality, e-rickshaws are there throughout the day.

• schools, banks, and fitness centres

some of the schools in the area are bal bharti public school, manav sthali school, and j.d tytler school. state bank of india and central bank are some of the banks providing their services in this area. body club and fun n fitness are some of the fitness centers in rajendra nagar.

• popular landmarks

landmarks are necessary for providing directions to visitors of a locality; rajendra place metro station, gol chakkar, and gangaram hospital are some of the important landmarks for this locality.

micro market analysis:

• capital and rental trends- the price of houses in rajendra nagar are mostly above 1 crore, and the rent rate is usually between inr 35 thousand to 1 lakh.

• scope of growth- being a well-established locality, the scope of growth is minimal.

• investment opportunities- there are several flats for sale in the locality, which can act as good investment opportunities, as prices for those houses are most likely to just go up in the upcoming years for a locality in such a place in delhi.