Rohini was the first sub-city project built by the Delhi Development Authority (DDA) in the 1980’s, and has a long history of being a thriving residential community for people of all income ranges. Rohini, located in North Delhi, has more than 50 sectors, excellent social infrastructure and connectivity. So, what makes this area of North Delhi a great place to buy a home or invest? The old historic feel of North Delhi can be felt when you visit any part of North Delhi, including Rohini in North-West Delhi. Like many other parts of North Delhi, Rohini has all the services necessary for everyday living, including schools and hospitals, as well as quick access to many of the major commercial areas in the region. There are all types of homes in this area, such as builder floors or apartments. This article looks into the investment potential of this region by examining the areas within Rohini that represent the best sector for an investment; the current market values for property within the area and what has been the increase in price since initial construction of the building. Rohini, located on the outskirts of Delhi, is a popular community in which to live that has both independent floors and apartments throughout the community. It is easy to find commercial activity or popular places to go when you are near Rohini, such as Pitampura or Mangol Puri, Badli Village, Mukarba Chowk, Shahbaad, Daulatpur or Bawana, Also the Delhi Technological University [DTU]. Best Sector to Live in Rohini, Delhi With more than 50 well-planned sectors complete with parks, community halls, and retail shops, Rohini’s sectors can provide a variety of living options for its residents. The largest of these is Sector 3 and the smallest sits within the second sector; therefore for those looking at mid-income family homes in Rohini, both 11 & 24 are the ideal sectors. For those with investment in mind there are also Sector 9, 13 and 14 may be ideal for purchasing apartments or flats in Delhi. If you’re looking to purchase a property ready to occupy then Sector 16 would also have properties available. Few Popular Sectors to live in Rohini, Delhi are: Sectors 1-10 These sectors are surrounded by Budh Vihar, Mongol Puri, Shalimar Bagh, Pitampura, Rithala, etc., which means they have good connectivity to the rest of Delhi through the use of Outer Ring Road or the Bhagwan Mahavir Marg, as well as through the use of the Mongolpuri Flyover. Sectors 11-20 These sectors have good access via NH 9, NH 44, and Kadambari Road. Sectors 21-30 These areas are well connected by both roadways as well as the Metro; key stretches of roads in these locations include: Western Yamuna Canal Link Road; Dr. KN Katju Marg; NH-44. Sectors 31-40 These localities include the Rohini Heliport and have access to key roadways getting into/out of these sectors, including Kanjiwaha Road; Jat Ram Marg; Bawana Road. Sector 41 This sector is within close proximity to Inder Enclave, Agar Nagar, and Pratap Vihar What are the top Factors Influencing Housing Demand in Rohini, Delhi? Rohini is a very desirable and thriving place to invest for a number of reasons. You can summaries the main reasons for this investment in Rohini into five categories: Relatively Affordable Property Prices The majority of the residential units in Rohini consist of DDA housing in the forms of Lower Income Group (LIG) and Middle-Income Group (MIG) housing categories. The average price for property in the Rohini area at this time is approximately: There is a great deal of price variation in property throughout the Rohini area based on the zoning and sector in which you purchase properties. The table below shows the prices for various properties currently for sale in some of the best sectors in Rohini: Rohini sectors Price per sq. ft. Sector 8 Rs 15,800 Sector 9 Rs 16,650 Sector 13 Rs 15,200 Sector 14 Rs 18,000 Sector 18 Rs 11,750 Sector 23 Rs 8,950 Sector 24 Rs 8,850 Sector 28 Rs 7,800 Sector 35 Rs 13,200 Reliable Rental Income A consistent rental income is another reason to think about entering the real estate market in Rohini. For example, the maximum rental price for a 2BHK builder floor would be approximately Rs 40,000 per month. On average, 2BHK apartments in Rohini could rent for between Rs 35,000 to Rs 38,000 per month. Similarly, the maximum rental for a 3BHK apartment or flat would be approximately Rs 65,000 per month while the maximum rental, on average, for a 3BHK builder floor would be Rs 55,000 to Rs 75,000 per month. If you find yourself renting in areas that are close to the Rithala Metro Station, Maharaja Surajmal Stadium and the main road, you will likely be faced with higher rental prices. Examples of these sectors include: 14, 19, 20 and 21. Well-connected with micro-market Rohini is situated in the heart of North Delhi. It is a well-developed location and close to all essential like schools, metro, hospital, malls etc. It offers seamless connectivity to major parts of Delhi and NCR. Rohini is well-connected to metro stations like Rohini East, Rohini West, Rithala Metro Station. These stations are situated along the Red Line of the Delhi Metro. This location is well-connected via Outer Ring Road, Ring Road, NH-44 (GT Karnal Road) and Rohtak Road. You can quickly reach IGI Airport, ISBT Kashmere Gate and other important locations of Delhi. You will also enjoy seamless daily commuting to work in Noida, Gurgaon and in Delhi’s office sectors because both NH-9 and NH-44 are quickly accessible from the area. The distance from New Delhi railway station is approximately 20 km, while the nearest railway station to Rohini (Shakur Basti) is approximately 9 km away. Strong Social Infrastructure Rohini has excellent social infrastructure, and there are numerous well-known academic institutions within a radius of 6 km of the locality. Among the educational institutions are; the Bhagwan Parshuram Institute of Technology, the Delhi Institute of Advanced Studies, the Delhi Technological University and the Fire Safety Management Academy. There are also many Healthcare institutions close to Rohini. For example, Dr. B.R. Ambedkar Hospital, Shubham Hospital and Springdales Hospital are located between 4 km and 8 km from Rohini. Below is an overview of some of the key facilities available in Rohini: Commercial hubs Netaji Subhash Place, Bawana Industrial Area, Narela Industrial Estate Accessibility New Delhi Railway Station at 19.5 km, Served by three dedicated metro stations on Red Line- Rohini East, Rohini West and Rithala, Old Delhi/Delhi Railway Station at 19 km, Azadpur Bus Terminal at 12.5 km, IGI Airport at 29 km Schools & colleges Delhi Technological University, Mount Abu Public School, Jindal International School and...
Read more