Avg. Rate
₹ 12,396/sq. ft
Locality Rating
4.6/10
State Bank Nagar, located in Paschim Vihar, Delhi, is a well-established residential enclave developed primarily to house employees of public sector banks and financial institutions. The locality, bearing the PIN code 110063, features a structured layout with wide, tree-lined avenues, planned housing colonies, and a balanced mix of independent houses and multi-storey apartment complexes. Its origins in the late 20th century lend it a mature urban character, with infrastructure that has evolved to meet modern residential needs while retaining a calm, family-friendly environment. Residents enjoy seamless access to essential amenities including reputed schools, healthcare centers, banking facilities, and retail hubs within walking distance or a short drive. The presence of State Bank of India and other public sector bank offices underscores its historical connection to the financial sector, contributing to the area’s stable and professional demographic. Green spaces and community parks add to the quality of life, making it a preferred choice for middle- and upper-middle-class families. Connectivity is a major strength, with the Paschim Vihar Metro Station (Green Line) and Peeragarhi Metro Station within 1–2 km, enabling swift access to central Delhi, Dwarka, and Rohini. Major roads like the Outer Ring Road and NH-9 connect it to commercial hubs such as Rajouri Garden, Punjabi Bagh, and IGI Airport. Despite rising demand, real estate remains relatively stable, with limited new developments, reflecting the area’s mature and saturated housing market.
Region
Paschim Vihar
City
Delhi
District
New Delhi
State
Delhi
Pincode
110063
Population
13,500
Nearest Airport
Indira Gandhi International Airport (DEL)
Public transport connectivity includes buses and metro stations nearby, reducing reliance on private vehicles. This helps save commuting costs. Connectivity improves accessibility to distant parts of Delhi.
The area has several healthcare facilities, including hospitals and clinics, ensuring prompt medical assistance. Emergency services are reliable and accessible. Residents feel safe regarding healthcare needs.
State Bank Nagar is dotted with supermarkets, local markets, and shopping centers. Daily needs and groceries are available within walking distance.
Traffic congestion increases during peak hours, especially near main roads. Commuting can become stressful during rush hours.
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
₹ 12,396/sq. ft
Average Price Range
₹ 6,167 – 24,111
Trend (5Y)
▲ 59.1%
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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