Investing is a good locality in Delhi offers best opportunities for returns on investment in the near future and there are certain key locations in the heart of the city which will always be a priority on the investor’s list. One such locality is the Bhikaji Cama Place, close to South Delhi, on Ring Road. It is one of the most flourishing commercial hubs in Delhi and getting a place here is like getting almost half the job done if one is trying to establish their own business, because the locality itself brings a lot of potential customers for the business.
Other places of repute are the PNB Head Office, Jindal Centre and Engineers India Limited. Likewise, staying close to the place of business makes sense and hence if one is looking for apartments in Delhi, then buying a place here, for residential purpose, is going to make daily commute to work, easy.
Bhikaji Cama Place is extremely well connected to the other parts of the city through roadways. The DTC operates ample number of buses, to and from the location, along with a host of other private buses and with the completion of the Bhikaji Cama Place Metro, which would fall on the Pink Line of the Delhi Metro, another avenue of commute would be created, making life much easier for the residents here. The region is extremely well known because of the flagship Hyatt Hotel situated here, along with a lot of other commercial places like retail outlets and shopping malls. The Passport Office is also located a stone’s throw away from the place.
Residents here would also get best medical treatment because of its close proximity to the AIIMS accordingly demand for flats in Delhi in this part of Delhi have largely grown since its construction. Moreover, because of the region’s close proximity to the embassies and the Hyatt as well as other hotels of repute, many foreign dignitaries and nationals, planning extended stay, are often on a lookout for places for on rent in the region.
The airport is located about 8 kms away from Ring Road and there are many banks and ATMs here because of the regular commercial transactions in the region. A commercial place here can cost around Rs. 4 crores for an office space of 1000 sq feet. Likewise, a modest office space, a little towards the interiors would still be priced around Rs. 2 crores. On the other hand, if one is looking for flats for sale in Delhi in this region, then it will cost around Rs 12,000 per sq feet for prime properties and around Rs 8000 per sq feet for independent builder floor or second hand apartment. However, with the reduction in bank interest rates and a little bit of prudent investment, one can still get an access to a good residential space in Delhi and that too in Bhikaji Cama Place, which will definitely yield better returns in future.