• Vasant Kunj GREEN OPEN LANDS OF VASANT KUNJ PERFECT SETTING FOR CREATIVE INDUSTRY

Location & Overview

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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

Key Distances and Commute time
  1. Airport : IGI 4 KM (5 min by road)
  2. Railway Station: NDRS 22 KM (40 min by road and 20 minute by metro)
  3. Nearest Hospital: Fortis 0 KM
  4. Power Centers North/S block: 18km (30 min by road, 20 min by metro
  5. CBD Connaught Place: 20 KM (35 minutes by road and 25 min by metro line)
  6. SBD Saket: 6 km (Approx 10 minute by road and 5 minute by metro)
  7. SBD Bhikaji Cama Place: 8 km (10 min by road)
Major Commercial Space Occupying Industries
    Research
    NGO
    Retail
    Auto
    PSU's
Avg Commercial Rentals & Purchase Value
    Majority property status: Leasehold
    Purchase Office: 10000/ sq ft - 28000/sq ft
    Lease/Rent Office: Rs 50/sq ft - 160/sq ft
    Purchase Retail: 20000/ sq ft - 80000/sq ft
    Lease/Rent Retail: Rs 100/sq ft - 350/sq ft
    Typical space efficiency: 80% - 65%
    Landmark buildings, ONGC center, DLF emporio, Suncity Mall

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