In this week’s ET Wealth realty hot spot series we take a look at the affluent residential South Delhi area of Green Park. The area covers the localities of Safdarjung Enclave, Green Park, Gulmohar Park, Hauz Khas and Panchsheel Park. It offers upmarket homes and high-end retail outlets. The area is also host to premier educational institutions and hospitals such as IIT, NIFT, IIFT, Safdarjung Hospital, AIIMS, etc.
Green Park is 10 KM away from the airport, 11 KM from the nearest railway station and 3 KM from the Inner Ring Road. The price range of apartments in the area is between Rs 11,900 per square foot and Rs 35,600 per square foot. The average cost of 2 BHK is Rs 1.22 crore, 3 BHK is Rs 3.63 crore and 4 BHK costs Rs 7.34 crore.
Locality snapshot: Green Park, New Delhi
Prominent micro-market situated in South Delhi comprising affluent residential and high-end retail
Host premier educational institutions and hospitals such as IIT, NIFT, IIFT, Safdarjung Hospital, AIIMS, etc.
Presence of key retail hotspots such as Hauz Khas Village, Green Park Mkt, SDA Mkt and Aurobindo Mkt
Robust connectivity through Inner Ring Rd, ORR, Aurobindo Marg as well as Yellow and Magenta Metro Lines
Supply by BHK
Consumer preference by budget segment (Rs)
Consumer preference by covered area (sq ft)
- Schools 10+
- Hospitals 10+
- Restaurants 20+
- Banks 20+
- Grocery Stores 20+
- Petrol Pumps 10+
Source: Magicbricks
