High-end residential unit suppliers in Gurgaon and Noida, such as DLF, TARC, Raheja, and Unity Group, are experiencing a surge in demand from residents in Central and West Delhi seeking exclusivity and security in gated communities.
According to analysts, this is the first time that such a large number of branded products will be available in a market where supply has always been an issue.
“There is an inherent demand in Central and West Delhi, with residents wanting to relocate to gated condominiums with all the amenities.” Due to a scarcity of supply, they have been compelled to relocate to satellite towns,” said Amar Sarin, managing director and CEO of TARC Ltd.
TARC has developed a luxury residential building in Kirti Nagar and expects to open approximately 400 flats this quarter.
DLF will also launch the final tower of the 2.1 million square feet first phase of Midtown West, a premium residential complex on Shivaji Marg in west Delhi’s Moti Nagar that is being developed in collaboration with Singapore sovereign fund GIC.
“Prices have also risen over the period as demand remains high.” “The region is well connected with both Noida and Gurgaon, and the gated projects are also good investment options for Delhiites,” said Raheja Developers’ Nayan Raheja.
Delhi’s Unique Development Challenges And The Rise Of Central Delhi
Raheja is working on a branded serviced residence called The Leela Sky Villas. The structure will include a sky-top restaurant club with its own helipad. It includes an observation platform on top with a 360-degree view over Delhi, particularly the Delhi Ridge.
Delhi has faced the unique challenge of development shifting to neighbouring cities. Globally, the capital city is the epicentre of commercial and residential development, but Delhi suffers from a lack of space and development opportunities.
However, there have been some recent projects that would alter the skyline of Central Delhi,” said Harsh V Bansal, chairman of the Unity group.
Amaryllis, a huge project in Karol Bagh involving a residential high-rise complex, is being carried out by Unity Group.
So far, Delhi residents have only had the option of redeveloping floors in south Delhi, but with big developers on the way, the sector will become more transparent.
The national capital has long been the most sought-after residential location for homeowners not only from the NCR but also from other cities in North India.
Benefits of Gated Apartments:
- Gated apartments in Central and West Delhi are in high demand due to safety concerns and lifestyle preferences.
- Developers are focusing on providing amenities like security, recreation, and green spaces to attract buyers.
- The market trends in these areas play a crucial role in shaping the real estate landscape.
- Factors like urbanization and changing demographics are driving the demand for gated apartments.
- Real estate developers are adapting to the trend by planning and executing gated apartment projects.
- The future of this market segment in Central and West Delhi is promising, with sustained growth expected.
Sample Amenities in Gated Apartments
| Amenities | Description |
| 24/7 Security | Trained personnel and CCTV |
| Swimming Pool | Outdoor or indoor facilities |
| Gym and Fitness Center | Equipped with modern equipment |
| Clubhouse | Social and recreational spaces |
| Landscaped Gardens | Green spaces for relaxation |
| Children’s Playground | Safe and fun areas for kids |
| Parking Facilities | Covered and guest parking |
| Maintenance Services | Regular upkeep and repairs |
| Community Events | Organized activities for residents |
Overview Of The Rising Demand For Gated Apartments In Central And West Delhi
Living in gated flats offers several advantages. Firstly, they offer improved protection with controlled get entry to, surveillance, and trained staff, making residents feel more secure. Gated groups regularly provide quite a number services, along with gyms, swimming pools, parks, and community facilities, selling a healthy and active way of life.
These flats additionally foster a feel of network, with social gatherings and shared areas for interplay. Moreover, they hold some cleaner and well-prepared surroundings, enhancing pleasant of life. The call for gated flats is pushed by means of a preference for protection and lifestyle enhancement. Central and West Delhi’s actual property market has visible a surge in gated rental trends, offering cutting-edge urban living with comfort and comfort.
Source-ET
