What are the Reasons of investing in Chanakyapuri?
Chanakyapuri, which translates as “City of Chanakya,” was named after Chanakya, a third-century BC advisor to Chandragupta Maurya.
The wealthy Chanakyapuri real estate hotspot is a diplomatic enclave centered on Nehru Park, a landscaped expanse with ponds, a Lenin statue, and regular Indian music performances. A steam locomotive from 1855 is among the exhibits at the National Rail Museum. It is also a sub-division of the New Delhi district and houses the majority of New Delhi’s foreign embassies.
Residential prices
The most common room configuration in this neighborhood is 3 BHK, which accounts for approximately 63 percent of all available properties for rent. 45 percent of properties in Chanakyapuri are Builder Floor Apartments, with the majority of these listed by Agent.100% of the real estate properties for rent in Chanakyapuri are in the range of Above 1 Lakh , while the remaining properties for rent are in the range of Below 1Lakh.91% of properties for sale in Chanakyapuri are priced above 5 crores, while 9% are priced between 4.6 crores and 4.8 crores.The most common room configuration in this neighborhood is 3 BHK, which accounts for approximately 36% of all available properties.
Accessibility
The Chanakyapuri Ring Road runs through the southern part of the neighborhood and intersects National Highway 8 near the border with Dhaula Kuan.The western boundary is marked by Sardar Patel Marg, while the southwestern boundary is marked by the Chanakya Cinema complex, which is located beyond Nehru Park.The Safdarjung Airport is 5 kilometers away via Sri Aurobindo Marg, and the Indira Gandhi International Airport is 9 kilometers away via NH48.The Sir M Vishweshwaraiah Moti Bagh Metro Station on the pink line is approximately 3 kilometers away via Shantipath.
School and employment
Sanskriti School is a prestigious educational institution that primarily serves the children of civil servants.Navy Children’s School, which primarily serves children with a military background.The American Embassy School, which serves expatriates from the United States and other countries. This real estate also has Russian Embassy School in Delhi and German School New Delhi. Now if we talk about hospitals in Chanakyapuri, there are a number of healthcare facilities, including Primus Super Speciality Hospital, Central Government Health Scheme, and NDMC Dispensary, as well as Charak Palika Hospital and Safdarjung Hospital.Connaught Place, a prominent employment hub, is about 6 kilometres away and can be reached via Janpath Road.Top multinational corporations (MNCs) with offices in Connaught Place include Essar, AT&T, Siemens, L&T Finance, Bajaj Allianz, and Hindustan Times.Within a 12-kilometer radius are affluent business centers such as Sahota Business Centre, SGS Arbitration Centre, Arete Business Centre, Coworkyard Business Centre, Chemical And Metallurgical Design Company Limited, and others.
Final thoughts
Chanakyapuri is one of South Delhi’s most elite colonies, with large modern houses and a modern club inhabited by embassies, foreigners, leading businessmen, army officers, judges, lawyers, doctors, and other members of the top society.
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.
