Uttam Nagar is a well-established locality in West
Delhi. It is located next to the way that links
Dwarka and Vikaspuri. The locality started developing in 2008 as a result of growing population and a growing demand for housing properties. Vikaspuri, Mahindra Park, Shankar Garden,
Om Vihar,
Indira Park and
Gurgaon lie close to the area.
Connectivity
Uttam Nagar is positioned in a way that makes commuting from here hassle-free. The Indira Gandhi International Airport is located at a distance of 15 kms from here and can be reached through the
Delhi metro network. The nearest railway station, Palampur, is only 7 kms from here and can be reached using the
Delhi Transport Corporation buses, and the metro. This area enjoys a joined network of two metro stations,
Uttam Nagar West and East. Other major modes of transportation are the green and red line buses and the auto-rickshaws.
Real estate
Uttam Nagar witnessed a high growth during 2008-2010 because of high demand for residential property. The prices skyrocketed when the metro stations became operational in 2010. Per square feet cost of property here is estimated to be around Rs 5,900. The current house lease rates range between Rs 5,800 and Rs 6,700 for a standard 1BHK apartment and approximately between Rs 8,000 and Rs 10,500 for a standard 2BHK apartment.
Social infrastructure
Uttam Nagar is a well-connected locality with a number of newly constructed malls, departmental stores, renowned and sought-after eateries, and reputed educational institutions that are situated in this locality.
Uttam Nagar is expected to witness an influx of inhabitants from the rest part of the city. With the increasing population and mounting commercial and residential development, real estate rates will appreciate.
