- April 6, 2020
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In a real estate boom, buyers will clamor for almost any house that hits the market. This is great while it lasts, but when the party’s over, only homebuyers who chose the best locations like will be holding property that depreciates at a much slower rate. This discrepancy is largely a result of a home’s location. You can also find the real estate broker in central Delhi as they have the best Aurangzeb road property prices. Let’s talk about these locations.
Sundar Nagar is a part of the Lutyen Zone and the Heritage Zone of Delhi. It boasts of the largest and best antique market in Delhi. Much preferred as a locality by experts because it is serene and quiet nature. It is surrounded by the Delhi Zoo, Humayun Tomb and the Old Fort and is a part of the Heritage Zone in the Master Plan. It has very little power cuts and adequate water supply unlike other areas of Delhi. Golf Links is a neighborhood in New Delhi, India. It is within walking distance to Khan Market. It is considered as one of the most expensive areas to buy real estate in India. The name is inspired by the Delhi Golf Course nearby. It is close to a similar neighborhood called Jorbagh and is a quiet residential area. Wealthy Chanakyapuri is a diplomatic enclave centered on sprawling Nehru Park, a landscaped expanse with ponds, a Lenin statue, and regular Indian music performances. Modernist embassies and mansions line the area’s broad, tree-fringed avenues. Exhibits at the National Rail Museum include an 1855 steam locomotive. The Jor Bagh is the northern-most station on Aurobindo Marg and is located near the Lodhi Road crossing. A Mughal mausoleum, Safdarjung’s Tomb, is located nearby. It is also close to Safdarjung Airport.
The bungalow has 12,000 sq. ft of built-up space and sits on a 1,250 sq yard plot. The new owners will have the Nanda family of Escorts, former union minister Natwar Singh and current cabinet minister for women and child development Maneka Gandhi as neighbours. Former Uttar Pradesh chief minister Mayawati has a bungalow down the road, which is now her party’s office.Abhishek Manu Singhvi buy two bungalow in 1200 sq. yds. In Jor Bagh and Golf Links. Mukul Rohatgi buy own two houses in Golf Links and two house in Sunder Nagar.
Real estate deals in the Lutyens Bungalow Zone, which had stalled over the last 12 to 18 months, have picked up pace since May with the change in government and the prospect of an economic and business revival.Indiabulls co-founder Rajiv Rattan recently purchased a bungalow 3000 sq. yds. on Amrita Shergill Marg for Rs220 crore.omes in the LBZ are always in short supply and prices of these colonial bungalows can exceed those of mansions in London. Property prices in the area had surged eightfold in the decade before this. The value of the part of LBZ that is privately held—around 254.5 acres—has risen to Rs 49,000 crore from around Rs6,100 crore in the past 10 years.Some of India’s top businessmen such as LN Mittal, KP Singh, Sunil Mittal, the Burmans, Shashi and Ravi Ruia, Malvinder and Shivinder Singh, Analjit Singh, Atul Punj, Hari Bhartia and others live in the LBZ alongside a host of senior bureaucrats, ministers and judges. Of the 1,000 or so bungalows in the zone, fewer than 10% are privately owned while the rest belong to the government. The Prime Minister’s residence, the President’s house, all important government offices, Parliament are all only a short drive away from the private part of the zone.
The British built New Delhi, which houses the LBZ, after they moved their seat of power to Delhi in 1911. British architects Edwin Lutyens and Herbert Baker designed and planned the