Which is the Best Choice for Residential Purpose: Uttam Nagar or Dwarka?

by Anurag Gupta Real Estate Consultant

Delhi, Uttam Nagar, and Dwarka are the two thriving localities that have encountered a surge in realty investment over the last decade. Here we shall be plunging deep into an analysis of the two residential places to assist you in making informed decisions while keeping your preferences, budget, and lifestyle choices in mind.

 

The two places in Delhi offers a strong connectivity network through the Blue Line Metro corridor. No wonder, why people prefer these two localities over any other places in Western Delhi. However, the only point of difference between the locality is that the pricing of properties. What a 3 BHK property in Dwarka might cost you an approx. Rs. 1.25 crore, the same would cost you within the price range of 60 lakhs in Uttam Nagar.

 

Here are a few other points that shall help you determine in which locality to invest and which has better advantages to it.

 

Residential Options

Both the markets of Dwarka and Uttam Nagar provides a range of residential scope, for individuals seeking outhouses. Despite the small gated communities and builder floors reigning over the market in Uttam Nagar, Dwarka is popular for its prim and proper housing communities by recognized builders. However, few other places in Uttam Nagar, also call for a shout out including Mohan Garden, Kiran Garden, Rajapuri Colony, Milap Nagar, Jeewan Park, and Indira Park.

 

These areas are popular and are taken into consideration when buying a property in Uttam Nagar, because of their:

·         Simple Connectivity through Nevada metro stations and Uttam Nagar West

·         Good Infrastructure

·         Multiple Shops

·         Several commercial complexes within proximity for regular needs.

 

Apart from these, property in Uttam Nagar has been under the limelight for its stringent civic issues and round the clock water and electricity accessibility

 

Prices of the Property

The average prices of property in Uttam Nagar vary between Rs. 4,400 per sq. ft. However, the capital ‘asks’ in multiple Dwarka sectors range between Rs 6,500/sq ft and Rs. 9,200/sq ft. Presently, the trending sectors that are favorite amongst the home-buyers in Dwarka comprise Sector 18 and Sector 19. The sectors mentioned not only meets the daily requirements of the residents but also dole out budget-friendly housing options. A 2 BHK property in these respective sectors might vary between Rs 1.05 crore to about Rs 1.20 crore. But for individuals planning to purchase a builder floor somewhere in Dwarka, then Sector 8 and Sector 9 are the best options.

 

Network for Connectivity

Concerning connectivity, both Uttam Nagar and Dwarka provide hassle-free infrastructure and are brilliantly-connected to Ghaziabad and Noida’s micro-markets through the Blue Line Metro corridor. Furthermore, these localities also offer a complex-free rise to the IGI or Indira Gandhi International Airport followed by the New Delhi Railway Station through the Airport Metro Express, which can be accessed from the Sector 21 of Dwarka. The NH 8 that passes through several busy Indian cities like Kheda, Vadodara, and Surat is just 11 km from Dwarka Sector 1 and Uttam Nagar.

 

Near to the Commercial

The counted commercial centers that can be accessed from Uttam Nagar and Dwarka comprise Gurgaon, Janakpuri, Hauz Khas, and Connaught Place. Though Gurgaon might be better appreciated for the existence of various IT enables services firms like Niksun, Microsoft, Ericsson, Siemens, and Sapient, the other localities are popular for their huge retail markets.

The real estate attractiveness of both the locality however relies on the budget segment it meets. While the property in Dwarka caters to the mid-wager and high-wager buyers, Uttam Nagar on the other hand provides properties that are cheap and affordable for the mid-wager groups of buyers. To conclude, your budget and lifestyle choices are the important point of considerations when choosing between the two localities.

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Created on Dec 9th 2020 02:39. Viewed 475 times.

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