Sarita Vihar is one of the most sought-after posh residential colonies of South Delhi and was developed under the housing scheme of the Delhi Development Authority. It was initially chosen as the construction site for the 1982 Asian Games, but was later converted into a residential housing colony. Sarita Vihar is situated very close to the convergence point of the states of Delhi, Haryana and Uttar Pradesh – consequently, it has been subjected to massive traffic movements as it connects the capital with other industrial towns like Noida, Greater Noida and Faridabad.
It is found on Mathura Road, which is a part of NH-2, and boasts easy accessibility and connectivity with major areas of the city. It is 13 km from the Noida, in Uttar Pradesh, and hence property in Sarita Vihar is the most preferred destination spot for people who work there. The Delhi Metro’s Violet Line is located between Mohan Estate and Jasola Apollo stations. All these factors have increased the popularity of real estate in Sarita Vihar. The nearest railway station is the Tughlakabad Railway Station. Kalkaji Extension, Jasol Vihar, Badarpur, Alaknanda, Yamuna Belt and Chittaranjan Park are a few of the areas in the vicinity.
As it is considered one of Delhi’s prominent places, there are many tourist attractions, landmarks and religious places here, including:
- Tughlakabad Fort Complex
- Kalkaji District Park
- Okhla Industrial Area
- Central Water Housing Corporation
- Ishwar Ashram Trust
- Dharmath Samiti
- St. Thomas Orthodox Church
- Kalindi Bird Sanctuary
- Sarita Vihar Club
There are many educational institutions in Sarita Vihar – it is regarded as an educational hub – and, as a result, there has been a great demand for flats in Sarita Vihar. Some of the prominent schools and colleges around this locality include:
- Glory Public School
- DAV Public School
- New Era Kids Public School
- Sarvodaya Kanya Vidyalaya
- National Public School
- Global Institute of Management Technology
- MCD Boy’s School
- Asia-Pacific Institute of Management
To assist the residents of this locality with excellent medical services, a wide range of hospitals and health centres are present here, including Indraprastha Apollo Hospital, S.B. Health Care Centre, Majeedia Hospital, ESIC Hospital and Kalkaji Hospital. There are also a number of food outlets in this area like Veera South Indian, The Chimney, Viva Hyderabad, Citrus, Invitation, Al Bake, Republic of Chicken, Shyam ki Rasoi, etc. All these have been a major source of attraction for Sarita Vihar flats.
Being one of Delhi’s most densely-populated residential colonies, there are many residential flats and apartments in Sarita Vihar built by prominent builders. Azmi Apartments, DDA flats, Zainab Apartments, Jaswant Apartments and RenRealty Residential Apartments are a few of the residential projects in this locality. The highest locality price of residential multi-storey flats for sale in Sarita Vihar is around Rs. 9900 per square foot, and the lowest price is around Rs. 9030 per square foot. The average is around Rs. 9,475 per square foot, and the return on investment has witnessed a decrease of 3% q-o-q in the month of June 2013. The average rental price for a commercial office space is around Rs. 155 per square foot. Sarita Vihar is considered to be one of the most preferred localities, especially by the software professionals in IT segments, because of its excellent infrastructure and good transport and connectivity. Hence, property dealers in this locality are catering mainly to these people; and the property rates are expected to rise even higher owing to the increasing demand.