Flats for Sale in New Delhi

Wondering whether you should buy a flat in Delhi? Here are a few good reasons why apartments in Delhi will elevate your life. Delhi is a city that offers various job opportunities. Certain reports suggest that Delhi has become a leading destination for private equity investments.

Delhi-NCR's real estate landscape significantly transformed in the fourth quarter of 2024. Dwarka Expressway emerging as a prime micro-market. Major infrastructure developments, including expanded roads and road networks, enhanced civic amenities, and a proposed metro link, fueled this growing demand.

If you're looking to buy a flat in New Delhi, many residential areas hold significant growth potential. In Q4 2024, the city's residential market saw a notable 17.1% decline in demand quarter-on-quarter (QoQ), while available inventory dropped by 8.4% QoQ. Despite this decline in both demand and supply, property prices rose by 3.4% QoQ....Read more

Under-construction properties in Delhi-NCR saw a 2.6% quarter-on-quarter (QoQ) price increase, while ready-to-move properties experienced a 3.4% rise. However, the supply of both segments declined, with under-construction properties dropping by 8.58% QoQ and ready-to-move properties by 4.81% QoQ. At the same time, buyers searched for Rs 10,000 – 20,000 properties per square feet segment.

In Delhi’s residential market, 3 BHK flats in Delhi were in demand, capturing 61% of the market share. Additionally, homes sized between 1,250 and 2,000 sq ft accounted for 42% of the market, highlighting a strong preference for spacious living among homebuyers.

Moreover, Delhi’s real estate market features a wide range of pricing, ranging from Rs 7,100 to Rs 22,800 per sqft. 1 BHK flats are priced at Rs 7,100 per sqft, 2 BHK flats are priced at Rs 10,300 per sq ft, 3BHK are priced at 17,400 per sq ft and in the luxury segment, particularly for 3BHK+ are priced at 22,800 per sqft.

Some of the most searched projects on the Magicbricks portal include DDA Flats Sarita Vihar, Daffodils Apartment, Swami Dayanand Apartment, DLF Capital Greens 1 and 2, Pink Apartments, Dakshinayan Apartment, Green Valley Apartment, Freedom Fighter Enclave, Evergreen Apartment, and TARC Tripundra.

Top localities with top residential properties include Sarita Vihar, Sector 6 Dwarka, Sector 18 Dwarka, Moti Nagar, Dwarka, Block D Saket, Sector 7 Dwarka, and Bijwasan. Dwarka and Greater Kailash topped the list of areas with the highest demand and supply.

Delhi's housing market is centered on the southern region, influenced by its proximity to the airport and improved accessibility to employment centers in neighboring satellite cities like Gurgaon and Noida.

Adding to these advancements, the Union Cabinet has approved the 26.5-km Rithala-Narela-Nathupur corridor under Delhi Metro's Phase-4. This extension of the Red Line will enhance connectivity across northwest Delhi, Ghaziabad, and Haryana, featuring 21 elevated stations.