The locality overview of Model Town in Delhi!
Model Town is a posh residential area in North Delhi, India. It was one of the first privately created communities in Delhi, established by the DLF Group, then known as Delhi Land and Finance, in the early 1950s.
Model Town is organized into blocks and sub-colonies and spans a broad region. Along with Alipur and Narela, it is one of the three administrative divisions of the North Delhi district. The Model Townsite had previously been one of the selected sites for the development of New Delhi by the Delhi Town Planning Committee in 1912. The land to the north of Shahjahanabad was a favored choice for the new capital city since it provided continuity with the old city and incorporated the existing Civil Lines region into the new metropolis. The Delhi Durbars, which hosted the coronation rituals of three British rulers, was also located in the vicinity.
Model Town, built during the pre-master plan phase of the 1962 master plan, was one of the most well-planned neighborhoods at a time when planning standards were lacking. This rich residential area was Delhi’s first upscale neighborhood after independence.
Price Trends
For the first quarter of 2021, the average price of an apartment in the area is Rs. 11973. The cost of a 2bhk apartment ranges from Rs. 35 lacs to Rs. 1.65 crore, while a 3bhk flat costs between Rs. 8 lac and Rs. 3.75 crore. The cost of a 3bhk for rent ranges from Rs. 20,000 to Rs. 70,000, while the cost of a 2BHK ranges from Rs. 8,000 to Rs. 28,000.
Social Amenities
In and around Model Town, there are several famous schools and institutes. The Srijan School, Guru Teg Bahadur Public School, GD Goenka Public School, and Queen Mary School are among them. New Durga Hospital, Jivodaya Hospital, Parnami Orthopaedic Hospital, and Narang Hospital are the leading hospitals in and surrounding the area for medical needs. Within a 3-kilometer radius, you’ll find North Gate Mall, DLF Mall, Vardhman Fortune Mall, and Global Mall. The local market is about 50 meters away and provides all of one’s daily needs.
Employment
Model Town has a wide range of job options. Locals are employed by companies in the software development, banking, SME, and MSME sectors. Delhi IT Park (9 km) and Agarwal Corporate Tower are two nearby business parks (10 km). Apart from these, the APC Fruits and Vegetable Mandi, which employs people, is located 2 kilometers from Model town. The Business District of Connaught Place is 14 kilometers away.
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