Lajpat Nagar

An affluent suburb of South Delhi, Lajpat Nagar is named after the Indian freedom fighter Lala Lajpat Rai. It’s a good blend of residential and commercial spaces. Also called Afghan Nagar, this locality is most known for its market, Lajpat Nagar Central Market.

 

Lajpat Nagar is majorly divided into four parts, namely Lajpat Nagar I, II, III, and IV. While Lajpat Nagar III is located in the northern part of the Ring Road, part IV lies in the south. It has various housing colonies like Dayanand Colony, Amar Colony, Nirmal Puri, Vikram Vihar, and National Park. Vikram Vihar is a posh area in Lajpat Nagar, and Dayanand Colony houses many Punjabis, Multanis, and Sindhis. Part of this locality falls under New Delhi and part of it under the South Delhi.

 

Lajpat Nagar started developing as a proper residential locality in the 1950s. It began to be informally called Afghan Nagar due to the large number of Afghan workers and students living in the area. Even today, it has many Afghani restaurants, bakeries, guest houses, and apartments.

 

The area has a metro railway station, various shopping centres for clothes and accessories, and numerous book shops.

 

Connectivity and Transit Points

 

Lajpat Nagar boasts of excellent connectivity. It’s well connected by buses from Delhi Transport Corporation and trains from Delhi Metro. Numerous buses and trains available from Lajpat Nagar, connect to various areas in Delhi, like Anand Vihar and parts of the East Delhi.

 

The metro station in this locality is called Lajpat Nagar Station. It is located on Violet Lane between Jangpura and Moolchand. In the year 2014, an underpass below Defence Colony and Lajpat Nagar flyover was created for easy access to areas like Jangpura Extension, Nizamuddin, and Bhogal.

 

The important transit points situated close to Lajpat Nagar are Indira Gandhi International Airport, Nizamuddin Railway Station, and New Delhi Railway Station. All these areas lie within the range of 3 to 12 km from Lajpat Nagar.

 

Apart from buses and trains, it’s also easy to find auto-rickshaws and taxis in this locality. Most autos charge by the metre and are available throughout the day. It’s also easy to avail call taxis even at odd hours.

 

Major Landmarks

 

●     Lajpat Nagar Central Market

●     Lajpat Nagar Station

●     Lajpat Nagar Flyover

●     Vikram Vihar

●     Dayanand Colony

●     PGDAV College

●     Medanta Mediclinic

●     HDFC Bank

 

Factors for Growth in the Past

 

Lajpat Nagar witnessed massive growth with the development of its popular market called Lajpat Nagar Central Market. The market is famous for clothes, accessories, street foods, and electronic goods, which make the place a prime shopping destination for people in the locality, thereby contributing to the economic growth of the region.

 

Lajpat Nagar metro station is another reason why the locality developed. Many locals started to use this metro as their prime mode of transportation and, naturally, a number of commercial establishments came up in the area.

 

Other developments like educational institutions, hotels, banks, hospitals, and grocery stores have also contributed to the growth of Lajpat Nagar. Famous educational institutions include Lady Shriram College for Women, PGDAV College, and Tagore International School.

 

Residential & Commercial Market

 

Residential Market Trends

 

With famous colonies like Dayanand Colony, Amar Colony, and Vikram Vihar, Lajpat Nagar is known for its residential properties. The area mainly has individual houses, apartments, and builder floors. There’s also a small percentage of villas available here.

 

The average sale price for a 2 BHK apartment in Lajpat Nagar is Rs 14, 500 per sq. ft., while for a 3 BHK apartment in Lajpat Nagar it’s Rs 15,500 per sq. ft. A 4 BHK apartment would cost Rs 17,700 per sq. ft. For individual houses, on the other hand, the average property price is Rs 34,300 per sq. ft.

 

Commercial Market Trends

 

Lajpat Nagar hosts a number of prominent commercial establishments. The average property price of offices in Lajpat Nagar is Rs 15,258 per sq. ft. The average price for shops is way higher, at Rs 51,000 per sq. ft.

 

 

Major Challenges

 

The maintenance of parks in Lajpat Nagar is poor. Many parks are not supplied with enough electricity and water, and garbage is not cleared most of the times. This pollutes the park and ultimately affects the living quality of the residents in the locality.

 

The place also faces water contamination problems. The water pipes have rusted since they haven’t been renewed for more than two decades, leading to the contamination of water. There have been instances of the mixing of sewage water with drinking water. Various complaints have been filed with Delhi Jal Board regarding this issue. Many residents now buy mineral water for drinking purposes, not relying on corporation water.

 

Factors for Growth in the Future

 

There is yet another metro station set to come up in Lajpat Nagar in three years, which will enhance connectivity to the Lajpat Nagar Central Market and attract higher property demand in this region. There’s also a proposed underground parking project for a civic hospital, which can help the patients. This will help with the already existing parking problems in the locality.

 

Many upcoming residential projects like Shri Sai Heritage, Raj Enclave, and Sukhdham GDA Society will aid the development of the area and augur well for the real estate development of Lajpat Nagar.