Publication: 99 Acres
June 3, 2021
Renting a home in South Delhi may be challenging, especially if you are tied to a budget. However, Lajpat Nagar, Saket, Chhatarpur, Mehrauli and Sarita Vihar are a few localities where you can easily rent a home within Rs 25,000 in South Delhi. To know more about the rented accommodations in these popular locales, read on here.
South Delhi is a perfect mix of modern infrastructure and nature and encompasses the prestigious South Campus colleges, Hauz Khas Village and the Mehrauli Archaeological Park. While you might have qualms about the region being an affordable rental hub, there are many micro-markets where you can easily find suitable rental accommodations within Rs 25,000 in South Delhi.
Ankur Jalan, Chief Financial Officer, GROVY India Ltd, avers “Rental properties within Rs 25,000 in South Delhi are in ample supply in Lal Dora areas, like Chhatarpur, Mehrauli Extended Abadi, and colonies having plot size less than 900 sq ft. Further, since South Delhi is a premium market, the rental demand in the area is always high. It also boasts of multiple entertainment options, reputed educational institutions, commercial spaces, security, and spacious and green residential options.”
|Top places to rent within Rs 25,000 in South Delhi|
|Localities||Average monthly rent for a 1 BHK unit||Average monthly rent for a 2 BHK unit||Average monthly rent for a 3 BHK unit|
|Lajpat Nagar||Rs 11,000-15,000||Rs 16,000-24,000||Rs 25,000 and above|
|Saket||Rs 11,000-15,000||Rs 16,000-20,000||Rs 22,000-25,000|
|Chhatarpur||Rs 7000-12,000||Rs 13,000-18,000||Rs 19,000-25,000|
|Mehrauli||Rs 7000-12,000||Rs 8000-15,000||Above Rs 25,000|
|Sarita Vihar||Rs 10,000-15,000||Rs 16,000-23,000||Rs 25,000 and above|
Lajpat Nagar is a well-established residential cum commercial centre in South Delhi. It is divided into four parts, Lajpat Nagar I, II, III and IV, and has people of different cultures and traditions living together. The residential development in the locality is dominated by builder floors and independent houses managed by Residents Welfare Associations (RWA). Additionally, Lajpat Nagar is known for its textile industries and proximity to Okhla Industrial Area, which drives the rental demand in the area.
On the connectivity front, Lajpat Nagar ensures hassle-free commute via the Inner Ring Road (NH-48), Lala Lajpat Rai Road, Baba Banda Singh Bahadur Setu, Mathura Road and the Delhi Noida Direct Flyway. The Lajpat Nagar Metro Station also offers excellent connectivity to noted employments hubs of Noida and Gurgaon via the Violet Line and Pink Line of the Delhi Metro. Other business centres near Lajpat Nagar include Nehru Place, Saket District Centre, Bhikaji Cama Place and Connaught Place.
The Indira Gandhi International Airport is 14 km away from Lajpat Nagar, while the New Delhi Railway Station is at 10 km.
|Social amenities in Lajpat Nagar, South Delhi|
|Lady Sri Ram College of Commerce||Metro Hospital & Heart Institute||My Connaught Place|
|S.R.S.D Senior Secondary School||SDMC Lajpat Nagar Colony Hospital||Central Market Lajpat Phase II|
|S. E. S. Baba Nebh Raj Senior Secondary School||IBS Hospital||3C’s Mall|
If you have a budget to stick to, you can find a rented accommodation at IGNOU Road in Saket. One of the poshest neighbourhoods, Saket, is a mix of residential units mainly comprising the Delhi Development Authority (DDA) flats, independent houses and builder floors.
Working professionals prefer renting a home in Saket due to its proximity to job centres in Gurgaon, such as Cyber City (17 km) and Udyog Vihar (19 km), Aerocity (16 km) and the commercial towers placed on either side of the National Highway-48. The Saket District Centre is also a major commercial complex having several corporate offices.
Saket enjoys uninterrupted connectivity via MB Road, Sri Aurobindo Marg and Press Enclave Marg. The neighbourhood is also served by the Saket Metro Station on the Yellow Line of the Delhi Metro, which connects it to Gurgaon and other prominent areas of South, Central and North Delhi.
|Social amenities in Saket, South Delhi|
|ACMT College||Max Super Speciality Hospital||DLF Avenue Saket|
|Mahatma Gandhi College of Education||Sawan Neelu Angel’s Hospital||Select CityWalk Mall|
|Amity International School||Chikitsa Hospital||Square One Mall|
Chhatarpur in South Delhi falls under the Lal Dora area, which means properties in this area are comparatively affordable than other areas in Delhi. Properties in Chhatarpur have gained rental popularity primarily due to their location. It is strategically situated near the Mehrauli-Gurgaon Road, which houses business centres like HIP Hirohama India Private Limited, Global Business Park, Vatika Business Centres and Platina Tower, among others. Also, being a Lal Dora land, Chhatarpur has been exempted from the building bye-laws and stringent construction norms under the Delhi Municipal Act. This has increased the housing supply in the region, which mainly comprises low-rise to mid-rise apartments and builder floors.
Chhatarpur enjoys excellent connectivity via Chhatarpur Metro Station on the Yellow Line, SSN Marg and Shree Tulsi Marg. The elevated road between Chhatarpur’s 100 feet road and IGNOU, once complete, will also enhance the area’s connectivity. The nearest aerodrome to Chhatarpur is Indira Gandhi International (IGI) Airport at 13 km.
|Social amenities in Chhatarpur, South Delhi|
|Creative Institute of Management & Technology||Apex Hospital||Md Centre|
|Mahatma Gandhi Education College||Yogmaya Multispeciality Hospital||Kama Towers|
|St. Surya Public School||J B Meditech LLP|
Mehrauli is a residential locality in South Delhi; however, since it is also a Lal Dora land, it enjoys all the benefits as Chhatarpur. The area is mainly known for the UNESCO World Heritage Site-Qutab Minar and affordable rental accommodations, which are majorly occupied by the students of the Jawaharlal Nehru University.
Mehrauli enjoys an excellent road network via Sri Aurobindo Marg, Anuvrat Marg, Mehrauli-Gurgaon Marg and Mehrauli-Badarpur Marg that connect it to South, Central and North Delhi. Moreover, the Qutab Minar Metro Station on the Yellow Line is just three km away, which links Mehrauli to the employment hubs in Gurgaon. The locality is about 14 km away from IGI Airport.
|Social amenities in Mehrauli, South Delhi|
|Saraswati Bal Mandir||Vikas Hospital||DLF Place|
|Ramanujan Sarvodaya Kanya Vidyalaya||Yogmaya Hospital||Saket Community Center|
|Delhi Polytechnic College||Bhagwati Hospital||Select Citywalk|
Acknowledged as the Greenest Colony in New Delhi, Sarita Vihar encompasses Delhi Development Authority (DDA) flats and RWA-managed societies. It boasts of well-developed social infrastructure and hassle-free travel to key business and IT parks in Noida and Okhla Industrial Area. The Mohan Cooperative Industrial Estate, which houses Indian and international car showrooms and ITeS firms, is five km away.
Sarita Vihar offers seamless connectivity through a dedicated metro station on the Purple Line of the Delhi Metro. The New Delhi Railway Station is about 16 km away, and the IGI Airport is around 22 km from Sarita Vihar.
|Social amenities in Sarita Vihar, South Delhi|
|Asia-Pacific Institute of Management||Indraprastha Apollo Hospital||Living Style Mall|
|Periyar Management and Computer College||All India Institute of Ayurveda||Splendor Forum|
|GD Goenka Public School||Fortis Escorts Heart Institute||Pacific Mall Jasola|
Other areas where you can rent a home within Rs 25,000 in South Delhi include Munirka and Lado Sarai. While Munirka has a dedicated metro station on Magenta Line and the Jawahar Lal University Campus and Indian Institute of Technology (IIT) nearby, Lado Sarai also makes a good rental hub. About two km away from Qutub Minar, Lado Sarai offers many affordable rental options and boasts of excellent connectivity to Connaught Place, Mayapuri and Mehrauli. The nearest metro station to Lado Sarai is Saket Metro Station on the Yellow Line at three km.