Lajpat Nagar – A good blend of residential and commercial spaces
Lajpat Nagar is a prime real-estate location in South Delhi that is eyed by builders for development.
Lajpat Nagar is majorly divided into four parts, namely Lajpat Nagar I, II, III, and IV. While Lajpat Nagar III is located in the northern part of the Ring Road, part IV lies in the south. It is a prime residential and business location. It is surrounded by iconic and famous areas like Defence Colony, Andrews Ganj, South Extension, East of Kailash, Ashram Chowk and New Friends Colony. Lajpat Nagar witnessed massive growth with the development of its popular market called Lajpat Nagar Central Market. The market is famous for clothes, accessories, street foods, and electronic goods, which make the place a prime shopping destination for people in the locality. It is a wonderful residential locality, has good infrastructure, and is surrounded by lovely greenery. This itself is a great reason for builders to try and promote this area with niche and state-of-the-art multi-storied buildings, apartments, and villas.
Luxury Homes in Lajpat Nagar
Lajpat Nagar is connected to all major locations in the city via the public transport system. It has fantastic metro connectivity, the nearest stations being Lajpat Nagar metro station, Jangpura, and Moolchand. The Ring Road goes by its side and there are well-developed arterial roads too. Lajpat Nagar is very close to Nizamuddin Railway Station. The distance between Lajpat Nagar and the New Delhi railway station or the Indira Gandhi International airport is 10-15 kms. The locality already consists of independent houses, builder developed apartments, and of course, DDA flats.
Commercially, some of the major business establishments are around Lajpat Nagar such as, Nehru Place (stone’s throw), Saket District Centre, Ashram, Bhogal and Okhla Industrial Area. From the point of retail outlets and shopping malls, Other developments like educational institutions, hotels, banks, hospitals, and grocery stores have also contributed to the growth of Lajpat Nagar.
Lajpat Nagar bears proximity to famous hospitals like the Moolchand Hospital, IBS Hospital, Vimhans Nayati Super Speciality Hospital, Moolchand Medcity and Metro Hospital & Heart Institute. Frank Antony, Bluebells, Summer Fields, K R Mangalam, Tagore International School and Delhi Public School, besides many others, are close by. Colleges such as Lady Sriram College, Gargi College, PGDAV College and Deshbandhu colleges are very closely situated too. Media houses, five-star hotels, gyms, spas, toddler fun zones, and premium corporate houses have opened their offices close to Lajpat Nagar making it a very prime location for investments by builders and promoters. With the increase in requirements for niche residential complexes and business houses, property requirements are high too in this area and builders in South Delhi lose no opportunity to develop this part of the capital.
Lajpat Nagar is also surrounded by some popular tourist spots found in the city. The ISKCON temple, Kalkaji Mandir, and the Lotus Temple is close by. This is another reason why builders find this area so lucrative to develop. In the last decade or two, while moving around South Delhi, one can always see buildings being constructed in and around Lajpat Nagar on a massive scale. And with metro connectivity on all the metro lines, this place is already becoming a builder’s dream place.
Grovy India Limited, that is constantly setting new standards in the construction business, and raising the bar, is looking at developing Lajpat Nagar in an extraordinary way that will change the entire construction scenario in South Delhi. While most independent houses have been developed by builders into customized multi-storied apartments, Grovy is looking at developing boutique apartments, classy luxurious bungalows, and state-of-the-art office complexes that would almost change the Lajpat Nagar real estate scenario. The established social, civic, and economic infrastructure, the retail opportunities, the connectivity, and the premium ambience of Lajpat Nagar will continue to attract investors in a big way soon.