Uttam Nagar real estate has gained popularity from quite some time as people from Delhi NCR have shifted to this place. There are few benefits like affordability; proximity and connectivity attract people to buy home in this location. A large number of people coming from outside Delhi are finding their dream home in this locality. A large number of people who retires from government sectors, are choosing Uttam Nagar to settle because of connectivity and affordability.
The regularized colony of Uttam Nagar has emerged as hot destination to live and invest as many NBFC along with LIC Housing & GIC Housing finance offering services in the area.
Uttam Nagar has good connectivity by public transport and Metro. It has a bus terminal which serves across Delhi NCR. People living in Uttam Nagar vicinity can use public transport to reach almost every corner of Delhi and surrounding areas. Blue line metro that starts from Dwarka will reach you both Noida and Vaishali directly. 4 Metro stations in Uttam nagar namely Uttam Nagar East, Uttam Nagar west, Nawada and Dwarka mor connect you to every corner of Delhi NCR. People working in any part of Delhi NCR can reach their office on time by public transport as well as Metro Rail. It takes 30 minute to reach Gurgaon and 20 minute to Airport.
Due to well-planned and good connectivity, property prices in Uttam Nagar are growing rapidly. Good news is that, when compared to the majority of neighbourhood’s properties, the price range here is quite affordable. The average sale price for a 1BHK starts at 14 Lacs for freehold property.
Uttam Nagar is located beside Dwarka, Janakpuri and Vikaspuri. All these areas are highly developed and people living in Uttam Nagar can get benefits of international level schools, colleges and hospital besides other services. People always like to live nearby posh area to utilize social amenities available in the areas.
Uttam Nagar has many hospitals namely BK Gupta Hospital, Mata Roop Rani Maggo Hospital, Gandhi Hospital, Devi Charitable Hospital etc. There are many schools like Sanjivni public school, Gagan Bharti School and Holy convent school. It has many shopping malls like Vishal mega mart and others. It has all the reputed banks and large number of their ATMs.
Loan & Registry
Though some part of Uttam Nagar are still not regularized and don’t offer loan and registry. Good news is that most of the areas surrounding Uttam Nagar are open for registry and loan by NBFC. Most of these properties are freehold and people are buying with confidence.