South Delhi is arguably the most developed and preferred destination of all for Delhi residents and businesses alike. It is not only one of the very first areas that was developed soon after independence by the state of Delhi but also historically,  even during the medieval times when Mughals ruled India, 4 out of the 11 cites, namely, Siri, Pithora, Mehrauli, Tughlaqabad, thrived in the area which is today known as South Delhi.  Demographically, its periphery touches the Yamuna River to its east, satellite town Gurgaon to the south, Dwarka in the west and parts of district of New Delhi to its north. Some of the most affluent neighborhoods of South Delhi such as Vasant Vihar, Hauz Khas, Green Park, South Ext, Lajpat Nagar were developed by DDA as early as 1960’s. Most of the areas were primarily developed as residential hubs with small local shopping complexes (LSC) to meet day today needs of residents and working class however soon the small LSC’s in markets like South Ex and GK become the most happening retail destination points of Delhi. Areas like South Ext, Khan Market, GK are even to this date among top 10 retail destination in India and top 5 in Delhi. DDA also developed four of the most busy commercial districts in South Delhi around the same time in early 70’s namely, Bhikaji Cama Place, Nehru Place, Okhla and Green Park, another two Jasola and Saket came about in early 2000. Another significant area for commercial activities in south Delhi is in its densely populated urban villages like Munirka, Katwaria Sarai, Ber Sarai, Yusuf Sarai, Adhchini, Kalu Sarai, Begampur, hauz khas village, Hauz Rani,  Mohammadpur,, Govindpuri, Khirki, Chhattarpur Gaon, Badarpur, Mandi, Aaya Nagar, shahpujat, Sai dul ajab etc. Most of these urban villages have extended Lal Dora areas and each one of these have over time morphed into a unique destination point for certain kind of commercial activity, for example, many boutique fashion stores can be found at Shahpur Jat village, similarly, Hauz Khas village has developed into a paradise for entrepreneurs into food and art.  South Delhi also has notable institutional areas such as Qutub Institutional area, Vasant Kunj, Lodhi Estates, Siri Institutional area to cater to medical, educational, research and development activities. 

The prices for commercial property in South Delhi can differ significantly with every few kilometer simply because of the huge inventory and its vast expanse. For purchasing a commercial property one can expect as low as 10000/sq ft to as high as 750000/sq ft in case of some premium high street retail areas. The difference in prices can be linked to various factors including location, neighborhood, quality and age of the construction, proximity to main roads, parks, markets, malls and connectivity via metro, road network etc.  Rentals for commercial property in south Delhi hover anywhere between 30/sq ft to as high as 1200/sq ft.

Locale and neighborhoods: Neighborhoods in South Delhi are fairly secure except for handful of petty thefts, almost all areas here are gated and most have security guard posted all day and night. With over 20% green cover throughout, most of the roads are distinctively wide and flanked by thick foliage of trees like Alastonia, Peepal, Banyan etc.  It has several spacious green namely, green parks, wildlife sanctuary, biodiversity parks and green belts. Deer Park near Hauz Khas village and Asola Wild life sanctuary towards Faridabad and Gurgaon in South. The area also has some of the best road infrastructure for easy transport in entire Delhi, some of the most traveled and busy streets are Africa Avenue, Khel Gaon road, Bhishm Pitamah Road, Aurobindo Marg, Press enclave road, Purvi Marg, Nelson mendela road. South district is also considered to be the most affluent of all residential areas in entire Delhi for its proximity to Lutyens banglow zone and the diplomatic area of Channkyapuri, Most expats also like to stay in south Delhi for its overall good infrastructure and green cover. Most premium residential real estate of course falls in the LBZ area, however other neighbor hoods like Vasant Vihar, Greater Kailash, Alakhnanda, Hauz Khas, Defense colony, Gulmohar, Sufderjung enclave, New friends colony and Panchsheel residential areas also command extremely high value to this date.

Schools and Colleges : Some of Delhi best schools like DON bosco, Amity International School, Bluebells, Birla Vidya Mandir, Gyan Bharti, Laxman Public School, Apeejay, Tagore Internationl and colleges like Venketeshwara, ARSD, Jesus and Mary, Maitery, Moti Lal, Aurobindo, Deshbandhu and Gargi are also scattered at different locations in South Delhi. 

Hospitals: Sufderjung Hosptital, AIIMS, Apollo, Moolchand, Fortis, Max, Artemis, Medanta, Holy Angle

Popular Shopping Centers:  South Ex Market, Khan Market, GK 1 market, Sarojini Nagar Market, Lajpat Nagar market, Green Park market, Vasant Kunj Malls, Saket district center malls.

Popular Restaurants and bars: Bukhara at Dhaulakuan, Park Balluchi in green park, Striker at Ambience Mall, Vasant Kunj, Amour Bistro at Malcha market, Big Chill at Khan Market, Djinns at Hyatt Regency, Pebble Street at NFC, Oh! Calcutta at Nehru Place. 

Iconic commercial Office Space buildings in south Delhi: NBCC tower on Bhishm Pitamah Road, Erose Corporate Park in Nehru Place, IFCI tower in Nehru Place, Bhikaji Cama Bhawan, EIL tower at Bhikaji, Capital Court at Munirka, India Habitat Center on Lodhi road, Bharti Cresecent at Vasant Kunj, Ambiance commercial tower in Vasant Kunj.

Some of the most popular locations for commercial space in South Delhi:

Bhikaji Cama Place District Center on Main Ring road and Africa Avenue
Named after the well known Parsi freedom fighter Bhikhaji Rustom Cama, Bhikaji Cama Place is one of biggest business centers developed by DDA and private developers in the late 1970’s in South Delhi. Its spread over a sprawling 35 Acres with a built up of approx 3000000 sq ft of commercial space. It comprises commercial business towers like the Bhikaji cama bhawan, Ansal tower, Somdutt chambers, Mohta building, Mahindra Tower, Jindal House, etc many prominent government and PSU offices such as GAIL, EIL, Passport office, PNB, a 5 star Hyatt Hotel among many other mid and small sized retailers. The complex has high to mid-rise building blocks developed around large plazas and courts. Bhikaji Cama Place becomes an obvious choice for any one looking for a respectable commercial office space destination in South Delhi because of its connectivity, easy approach, opulent neighborhood of areas like Sufderjung enclave, Sarojini Nagar, Green park, chanakyapuri, and a great proximity from the lutyens zone. Currently serviced by the INA and AIIMS metro stations, its own metro station is under works and will soon be operational Average lease rates for commercial office float between 80/sq ft to 160/sq ft

 

Jasola District Center just office the Main Mathura road NH2
Jasola District Center: Jasola is the most recent commercial center development in south Delhi, all developed under PPP model by private developers and almost all the construction is in line with the modern buildings developed lately in NCR region towards Gurgaon and Noida keeping an international work culture space needs in mind. Jasola is strategically located for an easy access from Noida through Kalindi Kunj, and from south Delhi through New Friends Colony (2km), Nehru Place (4km) and Mathura Road. Connectivity wise its located just off the NH 2 which further leads up to another emerging satelite town Faridabad, also the Delhi Metro has a dedicated metro station for Jasola business center. Jasola with a huge 30 acre campus area, well laid out masterplan which provides enought green space, food zones, parking space is fast becoming a favorite amongst IT/ITES companies that need sprawling commercial spaces of international standard. Currently Jasola has 10 business towers with over 25,00000/sq ft of international standard commercial and retail built up space. DLF tower A, DLF tower B, COPIA, ABW ELEGANCE TOWER, BANNI CORPORATE ONE, SPLENDOR FORUM, UPPAL PLAZA, TDI CENTER, SALCON, OMAXE. All towers come Centrally air conditioned with energy-efficient chillers, 24 hrs CCTV security surveillance, and 100% power back up, Retail Arcade, Cafes, Gourmet Outlets integrated with the Office Complex, wifi connectivity provision etc. Average lease rates for commercial office float between 70/sq ft to 125/sq ft. For purchase Rs 17000/sq ft to 24000/sq ft.

Vasant Kunj commercial space locations
Vasant Kunj is located toward the south of Delhi and preferred by many companies as a corporate destination for its proximity to the international Airport (IGI), wide and well structured road infrastructure, vast green expanse and a very educated and cultured population. Vasant Kunj is primarily a residential hub divided into four sectors (A, B C and D) which are further sub divided and has also evolved as a commercial, retail and institutional destination over a period of time. The main commercial areas of Vasant Kunj are the Nelson Mandela road which has Promonade, Ambience and Emporio that provide a world class retail experience along with the Bharti commercial tower and the upcoming ONGC building for commercial office space. Sector C area, Aruna Asif Ali marg and Masood pur village areas have developed as luxury car and second had car dealership hubs with many companies setting up their outlets in these areas. Other than that, there are small commercial centers set up by DDA in different sectors which also provide good quality commercial office spaces along with many institutional plots that are being developed by NGO, institutions like the SPA and polytechnic board all around the institutional area. Prominent commercial office space pockets in Vasant Kunj include, Nelson Mandela road, C5, C6, C9 institutional area, B1, B10, D2, Kishan Gargh Village and Masoodpur Village road. Nearest metro station to Vasant Kunj is Chattarpur and Aerocity and another one at Vasant Vihar will be operational soon. Average rentals for commercial space hover around 100/sq ft and 175/sq ft. For purchase: Rs 25000 – 35000/sq ft. Average retail space rent is around 200/sq ft

Saket District Center
Saket District Center is one of the most recent developments on DDA auctioned land for district centers and has become of the most popular shopping and office space destinations in entire Delhi. Most of Indian as well top international retail brands have their retail outlets and office space set up here. Saket benefits greatly from its affluent neighboring colonies like GK I and II, C.R. Park, Sainik Farms, Haus Khas, Panchsheel Enclave and Malviya Nagar. Saket also becomes a compelling destination for commercial office space because of its strategic location that provides a great access from all parts of Delhi as well as good proximity from commercial center of Gurgaon as well as Faridabad. The Saket District Centre is spread over 50 Acres of land mass and has a built up of over 2000000 sq ft of luxury retail and A grade commercial office space. Currently the Saket district center has 8 (Select Citywalk, Metropolitan Mall, Southern Park, ABW Rectangle One, and Square One, Rasvilas, DLF Southcourt, DLF place) commercial towers with retail as well as office space, three 5 star hotels and a few commercial buildings of government bodies. Saket has a great metro connectivity and is being serviced by two metro stations, namely, Malviya Nagar and Saket. Average office space rentals area: Rs 125/sq ft – 150/sq ft. Sale: Rs 23000 – 35000/sq ft. Average retail rentals are anywhere between Rs 150 – 500/sq ft

Nehru Place District Center
Nehru Place is one of the premier business addresses for anyone looking for commercial property in South Delhi. Nehru Place main market place is best known as an IT HUB, claimed to be the biggest IT market in entire Asiatic region. Nehru place was one of the first business district conceived by DDA in the early 1980’s with others like Bhikaji Cama, Rajendra place, Janakpuri and other. Its spread over approx 35 Acres with a built up area of more than 4000000 sq ft of commercial space. The complex has high to mid-rise building blocks developed around large plazas and courts. It comprises commercial business towers like the Hemkunt Tower, Devika Tower, Modi Tower, Ansal tower, Chiranjeev Tower, International trade tower, Erose corporate Tower etc many prominent government and PSU offices such as IFCI, MTNL, a 5 star by EROSE group among a host of small and mid size IT retailers. Visited by thousands of shoppers and business persons on a daily basis, the place is a heaven for IT and electronics retailers. All big brands names in IT such as Apple, HCL, Sony, Lenovo, Intel, Toshiba, Samsung, Dell, Nokia etc could be found with at least one or two stores. Many IT companies also have their corporate office in Nehru Place. Nehru place is also widely preferred for doing commercial office space activity for its good accessibility and reasonably priced international standard commercial office space. Connectivity wise, it has its own metro station on violet line of DMRC. Nehru Place is only about 12 Km from the nearest railway station of Nizamuddin and has other business districts like Jasola (5km), New Friends colony (2Km), GK (1Km), Bhikaji Cama place (10km), Connaught Place (15km) and Saket (5Km) in close proximity Average lease rates for commercial office float between 70/sq ft to 200/sq ft.

Okhla Industrial Area
Okhla Commercial Space Snapshot”]Okhla Industrial area is one of the 28 notified industrial areas of Delhi, as per the Master Plan of 2001. It is also one of India’s and Delhi’s foremost industrial hubs established as early as 1952, within just a few years of independence. Located toward South Delhi near Nehru Place SBD, Okhla industrial estate is spread across hundreds of acres, the entire Industrial Area is divided in three Phases-1,2 and 3 allotted by DDA, DSIDC and Directorate of Industries. While Okhla phase I and II area 2 is predominantly habituated by heavy industries and manufactures like pharmaceutical manufacturing units, plastic and packaging industries, printing presses, machinery manufacturers etc, Okhla Phase III was conceived as a non polluting light industrial area and is mainly housed by MNC in soft industries like software, call centers, IT research, media groups. Phase 1 still quite open and has many vacant plots, mostly being used up by auto and telecom industry. Okhla offers an array of options for corporate looking for independent business units or large office spaces at very competitive pricing. Okhla is fairly well connected via a well laid out road network and the violet line of Delhi metro. A close proximity to other SBD’s like Nehru Place (1-2Km), Jasola within 3-4 Km and Saket about 5-8 Km makes it a great destination for office space

In case your company is looking to lease/rent commercial space in South Delhi or just doing some looking around to see if you can save some money by moving out to a cheaper and better location, feel free to write to us at admin AT delhirealestateblog.com or just send us a message via whats your requirement!