Vasant Kunj, one of the poshest areas in Delhi, is home to the upper echelons of the business world and elite officers. The locality is divided into five sectors-A, B, C, D, and E, which are further subdivided into various pockets. People prefer to invest in Vasant Kunj owing to quality residential supply and connectivity to major areas of Delhi via Aruna Asaf Ali Marg, Mehrauli-Gurgaon Road and Nelson Mandela Marg. Further, the average home values in Vasant Kunj have grown by around three percent YoY.
A premium residential hotspot
Delhi has recorded a surge in luxury housing demand. The waning pandemic effect and a growing job market have created a favourable market for homebuyers. G+3 and G+4 builder floor units have been the most favoured investment choice, particularly in the luxury pockets, such as Greater Kailash, South Extension and Vasant Kunj, among others.
The price in Vasant Kunj varies between Rs 11,350 per sq ft and Rs 14,500 per sq ft, with housing inventory primarily comprised of DDA flats, builder floors and apartments in 2 BHK and 3 BHK configurations, starting at Rs 1 crore.
Proximity to commercial hubs makes Vasant Kunj popular among the tenant community as well. The area generated a rental yield of four percent Year on Year. While the monthly rental for a 1 BHK unit starts at Rs 10,000, it averages at Rs 57,000 for a 3 BHK unit.
New Projects in Vasant Kunj
Robust road nexus
A network of well-planned roads provides supreme connectivity in Vasant Kunj. Vasant Kunj Road, Aruna Asaf Ali Marg, Mehrauli-Gurgaon (MG Road) and Nelson Mandela Marg offer direct access to nearby areas, such as Saket, Chhattarpur, Vasant Vihar, Malviya Nagar, Hauz Khas and Qutub Institutional Area. Further, Vasant Kunj is just five km from NH-48, which leads to Gurgaon, Manesar, and Jaipur. Northern Access Road connects the neighbourhood to Indira Gandhi International (IGI) Airport, about seven km away. The nearest metro station is Chhattarpur Station on the Delhi Metro’s Yellow Line that link the area to Central Delhi and Gurgaon.
Prominent employment hub with sound social infrastructure
Vasant Kunj has both leading corporate giants as well as medium-sized businesses. The offices of Bharti Airtel, Oil & Natural Gas Corporation (ONGC) and the research laboratory of IBM are located here. Various commercial arcades in Green Park and Saket are accessible within 10 km, and MG Road, the popular retail market, is at about two km. Additionally, employment hubs of Aerocity (6 km), Udyog Vihar (13 km), DLF Cybercity (13 km) and Sikanderpur (13 km) are also easily accessible via road and metro.
Social amenities in Vasant Kunj
| Schools | Healthcare centres | Retail hubs |
| Ryan International School | Fortis Hospital | DLF Promenade Mall |
| Delhi Public School | Indian Spinal Injury Centre | DLF Emporio Mall |
| GD Goenka Public School | Institute of Liver & Biliary Sciences | Ambience Mall |
Eminent schools, hospitals and shopping destinations in the area have added to the residents’ comfort quotient. Based on living conditions, the current and former residents of Vasant Kunj have rated the area 4.4 out of 5. These ratings are based on parameters such as public transport, social amenities, metro connectivity and access to markets. The eminent hotel chains as Radisson Blu Plaza, JW Marriott Hotel, Roseate House, Lemon Tree and Holiday Inn are within five km, and the top educational centres, such as Jawaharlal Nehru University (JNU), TERI University, and Indian Institute of Mass Communication (IIMC) are about 2-5 km away.