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East Delhi and Its Real Estate Market

Real Estates in Delhi-NCR - Wednesday, October 13, 2010 10:08:58 AM



East Delhi comprises of localities like Anand Vihar, Dilshad Colony, Indirapuram, Lakshmi Nagar, Mayur Vihar, Patparganj, Shahdara, Vivek Vihar and various others. It is bordered by Uttar Pradesh regions of Noida and Ghaziabad. There was a time when East Delhi was considered to be the most underdeveloped region of Delhi, inhabited only by members of the low-income group. But today, due to constant efforts of State government, the whole eastern region of Delhi has been transformed into a decent and developed area.

 

 

The beliefs have changed and property market of East Delhi is now among the sought after destinations. The increasing economic potential of this Trans Yamuna area is now acknowledged by corporates and property developers. With the aim of building social infrastructure and good living, large numbers of schools and hospitals, shopping malls, family entertainment centres, etc are being constructed. In fact, one of the largest malls in India, Shipra Mall is located in Indirapuram, developed by Shipra Group. Various houses, apartments, offices, shops, etc are also being opened up in both residential and commercial sectors.


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