New Launch - India Real Estate Report 2026.

Vikram Vihar

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Avg. Rate

₹ 4,195/sq. ft

Locality rating icon

Locality Rating

5.1/10

Vikram Vihar is a well-established residential neighborhood in the heart of Lajpat Nagar, South Delhi, known for its prime location and mature urban infrastructure. Situated in Pincode 110024, the locality offers a balanced blend of peaceful living and city convenience, making it a preferred choice for families and professionals. Developed primarily with builder floors and independent apartments, Vikram Vihar reflects the classic residential character of central Delhi with wide internal roads and tree-lined avenues. The area enjoys excellent connectivity via major arteries like Ring Road and Aurobindo Marg, ensuring smooth access to key business districts, educational institutions, and healthcare hubs across Delhi. Residents benefit from proximity to markets such as Lajpat Nagar Central Market and modern retail centers like Select CITYWALK. Essential civic amenities including reliable water supply, electricity, and waste management contribute to a comfortable urban lifestyle. Vikram Vihar is surrounded by green spaces and educational landmarks, offering a family-friendly environment. Its closeness to institutions like AIIMS, Jamia Millia Islamia, and South Delhi’s premier schools enhances its appeal. While property prices remain unlisted in aggregated reports, demand remains steady due to limited inventory and high desirability in this established pocket of Lajpat Nagar.

Region

Lajpat Nagar

City

Delhi

District

New Delhi

State

Delhi

Pincode

110024

Population

13,500

Nearest Airport

Indira Gandhi International Airport (DEL)

Neighbourhood Insights byPulse AI Logo

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The Good

The locality has excellent road connectivity. Major roads like Ring Road are nearby. Commuting to other parts of Delhi is easy.

Schools and colleges are located close by. Reputed institutions are within short distance. This suits families with children.

Hospitals and clinics are easily available. AIIMS and other major hospitals are reachable. Healthcare access is reliable.

Locality price index icon

The Bad

Traffic congestion outside the colony is heavy. Ring Road faces frequent jams. Travel during office hours is slow.

Gupta MarketNear Vikram Vihar, Lajpat Nagar, New Delhi, Delhi

Aurum Price Index for Vikram vihar

1BHK2BHK3BHKAll

Normalized to 100 · Oct 2020 baseline

Timeline

Aurum Price Index is based on 10 parameters:

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%)

Rates and Trends

Upper PriceAverage PriceLower Price

Timeline

Average Rate

₹ 4,195/sq. ft

Average Price Range

₹ 2,069 – 8,285

Trend (5Y)

▲ 62.9%

Nearby Neighborhoods

Block D

Block D is a well-established residential sector located within the prominent Lajpat Nagar neighborhood in South Delhi, falling under the postal code 110024. Developed primarily in the post-independence era as part of the planned expansion of New Delhi, Block D features a mix of government housing, private apartments, and independent houses. Its structured layout and proximity to major commercial hubs have made it a preferred choice for middle to upper-middle-class families. The locality benefits from strong connectivity, with Ring Road and Aurobindo Marg serving as key arterial routes linking it to central Delhi, South Delhi, and Noida. Residents have easy access to the Lajpat Nagar Metro Station on the Violet Line, enhancing daily commute options. The area is also surrounded by several commercial markets, educational institutions, and healthcare centers, contributing to its urban convenience. While Block D does not currently host any new real estate developments, the existing housing stock remains in demand due to its location and mature infrastructure. Property types are predominantly 2BHK and 3BHK units in older residential complexes and independent houses. With its blend of residential stability and urban accessibility, Block D continues to be a sought-after micro-market within Lajpat Nagar.

Avg. Rate

₹ 18,408/sq. ft

Locality Rating

4.1/10

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Lajpat Nagar III

Lajpat Nagar III is a well-established residential neighborhood in South Delhi, falling under the prime Lajpat Nagar region with the PIN code 110024. Developed decades ago, it has evolved into a sought-after locality due to its strategic location, robust infrastructure, and vibrant urban lifestyle. The area features a mix of independent houses, builder floors, and residential apartments, appealing to families, professionals, and long-term settlers. Its real estate remains in high demand owing to proximity to key employment and commercial centers. Connectivity is one of Lajpat Nagar III’s strongest advantages, with the Lajpat Nagar Metro Station—serving both the Violet and Pink Lines—located within close reach. Major arterial roads like Aurobindo Marg, Ring Road, and Mathura Road ensure seamless access to central and south Delhi, as well as NCR regions. The area is also well-served by DTC buses and auto-rickshaws, making last-mile connectivity efficient for daily commuters. Residents benefit from a comprehensive ecosystem of amenities, including the bustling Central Market, known for its wide array of retail outlets, street food, and essential services. Reputed educational institutions, multi-specialty hospitals like AIIMS and Moolchand, and green spaces enhance livability. With strong community engagement, safety measures, and cultural diversity, Lajpat Nagar III continues to be a preferred residential choice in South Delhi.

Avg. Rate

₹ 4,023/sq. ft

Locality Rating

6.5/10

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Block E

Block E is a well-established residential locality situated within the prominent Lajpat Nagar neighborhood of South Delhi, falling under the postal code 110024. As part of the larger Lajpat Nagar redevelopment plan, Block E features a mix of old and redeveloped housing societies, primarily comprising government quarters and private residential properties. The area is known for its strategic location, offering easy access to major commercial hubs and transportation networks in the national capital. Historically developed in the mid-20th century, Block E has retained its residential character while gradually adapting to urban pressures through redevelopment projects. It is surrounded by key localities such as Lajpat Nagar III, Amar Colony, and Nehru Nagar, contributing to a dense urban fabric. Despite limited new launches, the area remains attractive due to its established infrastructure and proximity to essential amenities. The real estate in Block E predominantly consists of 2BHK and 3BHK apartments and independent houses, with property values influenced by location, redevelopment status, and connectivity. While no large-scale new projects are currently underway, demand remains steady due to the area’s reputation for safety, accessibility, and community living. Its integration within South Delhi’s prime residential belt continues to sustain interest among homebuyers and investors.

Avg. Rate

₹ 25,077/sq. ft

Locality Rating

4.5/10

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Frequently Asked Questions

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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