November 9, 2020

Realty hot spot series: A premium south Delhi residential area with good connectivity

In this week’s Realty Hot Spot Series we will talk about South Delhi’s Saket locality. This locality is very popular in south Delhi which comprises premium residential areas, high-end malls, and offices. Along with sound road and metro connectivity, the locality has several social and retail amenities.

The locality is 14 km away from the airport, 12 km from the nearest railway station and 6 km from the Ring Road.

Properties price in Saket is between Rs 8,500 per sq ft and Rs 22,600 per sq ft. Price of a 2-BHK (930 sq ft) costs an average of Rs 94 lakh and a 3-BHK (1,670 sq ft) costs around Rs 2.16 crore.

Key highlights

A posh South Delhi neighborhood

Comprising premium residential areas

High-end malls and offices

An established area with excellent social and retail amenities along with sound road and metro connectivity

Near to IIT, Sri Aurobindo College, Max Super Speciality Hospital and AIIMS

Delhi’s premier shopping malls, Select Citywalk and DLF Place are in this area

Well-connected through Delhi Metro, MG Road, and Aurobindo Marg

Locality snapshot

Schools: 10+

Hospitals: 5+

Restaurants: 20+

Banks: 20+

Grocery Stores: 20+

Petrol Pumps: 5+

Supply by BHK

1 BHK – 5%

2 BHK – 27%

3 BHK – 46%

Above 3 BHK – 22%

Consumer preference by budget segment (Rs)

Below 25 Lakhs – 17%

25 – 50 Lakh – 36%

50-75 Lakhs – 12%

75 Lakh – 1 Crore – 7%

1-1.25 Crore – 7%

Above – 1.25 Crore – 21%

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