Punjabi Bagh: The Neighborhood That Offers Great Real Estate Investment Opportunities!
Punjabi Bagh, a prestigious neighbourhood in West Delhi, is separated into east and west halves by the Outer Ring Road. The region is well-known for its accessibility to many sections of Delhi, and it has a strong network of roads and transport services. Because to its solid social infrastructure and closeness to commercial centres, investors have long been on the search for homes in the micro-market. Here’s all you need to know about investing in Punjabi Bagh, Delhi.
Real estate landscape
Homebuyers can look at a number of investment choices, including inexpensive apartments to high-end mansions. Coupled with its excellent geographical location, Punjabi Bagh’s beauty is enhanced by its proximity to the Delhi metro. There are several ready-to-move housing societies of various forms in the neighbourhood. DLF Homes, Arora Properties Delhi, Padam Infrastructure, and Marwah Associates are among the notable developers with projects in the neighbourhood. Punjabi Bagh is connected to several retail and commercial centres due to its proximity to other major neighbourhoods such as Paschim Vihar, Rajouri Garden, and Pitam Pura. As a result, the demand for housing in this area remains high. While investors may find houses in all price ranges, expensive 4 BHK homes dominate the region.
Links for connectivity
Dedicated support metro stations on the Delhi Metro’s Green and Pink Lines provide easy access from Punjabi Bagh to the city’s several significant locations and employment centres. Phases 1 and 2 of the Mongolpuri and Mayapuri industrial zones are also less than seven kilometres apart. Furthermore, Connaught Place, the key business centre in Central Delhi, is around 12 kilometres distant.
The Mahatma Gandhi Road leads to the Indira Gandhi International (IGI) Airport, which is roughly 16 kilometres away. Moreover, traffic to and from Punjabi Bagh is served by Rohtak Road, Outer Ring Road, North Avenue, and Vashisht Kumar Gulla Marg.
Infrastructure for social interaction
Despite closeness to retail and business centres drives rental demand in Punjabi Bagh, the area is also known for its social infrastructure. It is home to several commercial malls, educational institutions, sports groups, and spiritual sites.
Future developments
Although Punjabi Bagh is a developed neighbourhood, numerous changes are in the works to increase the quality of life even further.
While the area has a well-developed road system, inhabitants experience bottleneck traffic during peak hours. To combat this, the Delhi government has planned a number of road construction projects, including the extension of the current flyovers from Punjabi Bagh to Raja Garden. It is also planned to expand the Rohtak Road between Peeragarhi Chowk and Punjabi Bagh to allow easier automotive mobility. In addition, the government has announced the construction of a 27-kilometer-long road between Chhawla and Basai Darapur to link to Punjabi Bagh. The project will also entail cleaning the Najafgarh drain that runs through the area. When finished, the project would not only boost connection but also reduce pollution.
Given the pricing trend and gradual rise over the years, Punjabi Bagh appears to be a profitable investment option. With the continuous advancements in the area, higher returns on investment (ROI) might be predicted. But, if you are investing in a high-end neighbourhood, it is advisable to solicit feedback from local people and real estate specialists.
Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.
