An affluent and upmarket locality of the National Capital Delhi, Saket has got its name from the city of Ayodhya. One of the most popular roads of the South Delhi Press Enclave Marg also falls in this area and is named due to the presence of residences of many leading Journalist from Media organisations around the world and the country. Due to this, the locality is one of the most favourable hotspots for residential investment among the upper-class property buyers and businessman as well as NRIs too.
Saket is surrounded by various plush localities like Mehrauli in the west, Pushp Vihar on the East, Malviya Nagar on the North and Sainik Farms on the South. The Yellow line of the Delhi Metro passes from here and have two metro stations; Malviya Nagar at Press Enclave Marg and Saket at Mehrauli-Badarpur Road. Once can also commute through DTC buses.
The locality is home to well-established social and civic infrastructure like leading schools, hospitals, restaurants, malls, sports complex as well as the district court. It is home to renowned schools and Delhi University colleges like Apeejay, Amity, DPS, Birla Vidya Niketan, Kendraiya Vidyalaya, Shaheed Bhagat Singh and Sri Aurbindo.
For shopaholics, Saket has different markets like PVR Anupam complex, J-Block Market and Select City Walk. While PVR Complex is home to branded eater joints, J-Block market is a local street market. Select City Walk is a hi-end mall with the presence of major domestic as well as International fashion brands and food chain.
Apart from this, the presence of cultural and sports centers like Garden of Five Senses, and Saket Sports Complex also make this posh area, a favourable one.
Presence of an established infrastructure, Saket is a developed residential community with a mix of row houses, multi-storey apartments, two-storey apartments as well as other residential blocks. The price of the property starts from 30 lakhs and got a maximum of 6 crores. A 1 BHK apartment starts from 20 lakhs, on the other hand, a 4 BHK villa will cost around 4-5 crores.
So, those looking for a builder floor option can invest in Saket which has a better potential to provide higher Return on Investment too.