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-Mayur Vihar Phase I is situated between River Yamuna, Old Patparganj and Noida. This place is known for DDA flats, Housing Co-Operative Society Buildings, East-End Apartments and others. It has the famous Uttara Guruvayoorappan Temple which is built on the exact same lines of the most famous shrine of Kerala. This landmark lends a unique character to the colony as people from all over the city come to visit the temple. The most popular market in the area is the ‘Acharya Niketan' market.

 

East Delhi has become one of the most prospering regions of the national capital. Mayur Vihar, located across the River Yamuna is one of the popular residential colonies of Eastern part of Delhi. It is now emerging as an attractive location for property developments especially in the residential segment. Real estate in Delhi is anyways a lodestone and Mayur Vihar seems to be another feather in its cap.

 

 

Real estate in Mayur Vihar is soon gaining status of an investment destination as its reasonably priced property promises good returns. Though it has already begun climbing high altitudes, it is sure to bolster further owing to the upcoming Commonwealth Games and the recent Metro connectivity. There was a time when this locality was considered lowly being shunned by elite as an area for middle-class. But, it has today managed to grow so high that it has gone beyond the income levels of middle segment and is appealing to the investors and developers. Let's take a look at the structural finesse of the three phases and look at property in Mayur Vihar.

 

Delhi property market has been witnessing a boom from quite some years and has developed wholly. East Delhi, earlier excluded from its metro identity is now counted as an up-market property haven.

-Mayur Vihar Phase II is adjacent to Vinod Nagar, Sanjay Jheel Park and KalyanVas Janta Flats. Nearly three decades old, every flat in this area is planned to face a park or green belt. The attraction of Phase II is Sanjay Jheel Park which increases the aesthetic sense of this complex. It is situated on the way from Delhi towards Ghaziabad, about two kilometers past the Akshardham Temple. There are several markets and commercial complexes; ATMs of almost all banks; several nursing homes and clinics. It has now acquired a cosmopolitan character and so, has become a place of worship for almost all the communities.

 

Developed by DDA i.e. Delhi Development Authority, Mayur Vihar is divided into three phases-I, II and III. It is in close proximity to places like Sarai Kale Khan, Nizammudin, Noida, Ghaziabad and South Delhi. This region boasts of various reputed schools like Don Bosco, Bal Bhavan Public School and the likes. It endorses branches of various banks like ICICI, HDFC and HSBC among others while housing various big and small restaurants. Apparently, it is not without reason that Mayur Vihar real estate ranks high amongst the hottest property destinations in Delhi. Its growing popularity ahs, in fact, led to a considerable rise in property rates and rental values.

 

- Mayur Vihar Phase III is located near Noida, Kondli and Kalyanpuri and is famous for SFS flats and MIG flats. It brags of some of the most reputed schools like Ryan Inernational, Salwan, St. Marys, Andrews Scott and Kerala School and other education centers. Being one of the most lucrative destinations, property rates of the area have doubled in less than a year. Because of the multi-lingual composition of the population, this colony wears a semblance of metropolitan accommodation that speaks different tongues which is uncharacteristic of Delhi, practically a monolingual city.

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