Avg. Rate
₹ 4,552/sq. ft
Locality Rating
6.7/10
Nehru Place is a prominent commercial and residential hub located in South Delhi, within the New Delhi district of the National Capital Territory of India. Originally developed in the 1970s as a business center, it has evolved into a mixed-use locality with offices, retail spaces, and residential apartments. The area is served by the Nehru Place Metro Station on the Violet Line, enhancing its connectivity to other parts of Delhi. Its strategic location near major arterial roads like Mathura Road and Ring Road makes it a well-connected node in the city’s urban fabric. The locality is known for its concentration of government offices, IT companies, and business process outsourcing (BPO) units, making it a key employment center in South Delhi. Residential pockets in Nehru Place primarily consist of independent flats and older apartment complexes, many of which are owned by central government employees. Despite limited new real estate development, the area remains in demand due to its central location and proximity to institutional zones. Property prices reflect its established status, though recent trends show moderate growth due to infrastructural upgrades. Nehru Place is surrounded by several well-known neighborhoods such as Lajpat Nagar, Green Park, Hauz Khas, and Govindpuri, offering residents access to a wide range of civic amenities. Educational institutions, hospitals, shopping centers, and green spaces are within easy reach, contributing to its livability. The nearby Jahanpanah City Forest provides a natural retreat amidst urban density. While the area faces challenges like congestion and aging infrastructure, ongoing municipal efforts aim to improve walkability and public spaces.
Region
New Delhi
City
Delhi
District
New Delhi
State
Delhi
Pincode
110019
Population
85,000
Nearest Airport
Indira Gandhi International Airport (DEL)
Excellent metro and road connectivity to key business and residential zones
High demand for rentals due to proximity to employment centers
Well-served by schools, hospitals, and shopping options within 2 km
Traffic congestion during peak hours on Mathura Road and Ring Road
Limited new real estate projects and aging building stock
Normalized to 100 · Oct 2020 baseline
Timeline
Property Listing Trends
(12%)
RERA Inventory & Sales Velocity
(13%)
IGR Transaction Data
(15%)
Rental Yield
(10%)
Pollution & Environment
(08%)
Infrastructure & Connectivity
(13%)
Social Infrastructure
(08%)
Crimes & Safety
(08%)
Political Stability
(06%)
Corruption & ease of doing business
(07%)
Timeline
Average Rate
₹ 4,552/sq. ft
Average Price Range
₹ 2,176 – 9,259
Trend (5Y)
▲ 68.4%
Rates and Trends
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The information provided on this page is collated from publicly available resources. PropTech Pulse does not guarantee the accuracy, completeness, or authority of this data and shall not be held liable for any discrepancies. For queries or further assistance, please contact us at pulse@aurumproptech.in


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