Situated in East Delhi, Mayur Vihar Phase III is a vibrant and well-established neighborhood that consistently ranks among the most sought-after residential areas in the city. With its excellent infrastructure, numerous amenities, and strategic location, Mayur Vihar Phase III offers an ideal balance of urban convenience and suburban tranquility.
The real estate market in Mayur Vihar Phase III is characterized by steady growth and high demand. The area is predominately residential, with a mix of apartments, independent houses, and gated communities. The average property prices in Mayur Vihar Phase III range between ₹7,000 to ₹9,000 per square foot, making it an affordable option compared to other prime areas in Delhi.
According to a recent report by Savills India, Mayur Vihar Phase III witnessed a 6% increase in residential property prices in the first half of 2023.
Mayur Vihar Phase III boasts excellent infrastructure that ensures seamless connectivity to all parts of Delhi and beyond. The neighborhood is strategically located close to the Delhi-Noida Direct Flyway (DND) and the Faridabad-Noida-Ghaziabad (FNG) expressway, providing easy access to major employment hubs like Noida and Gurgaon.
In addition, Mayur Vihar Phase III is well-served by public transportation. The Mayur Vihar Metro Station on the Blue Line connects the area to the Delhi Metro network. The neighborhood also has several bus routes and auto-rickshaws that make commuting convenient.
Mayur Vihar Phase III offers a wide range of amenities and facilities that cater to the needs of its residents. The neighborhood has numerous parks, including the sprawling Mayur Vihar Phase III Park, which provides ample green space for recreation and relaxation.
The area is home to a variety of shopping complexes, including the Mayur Vihar Market and the Pocket 11 Market. These markets offer a wide selection of shops, restaurants, and services, including grocery stores, banks, and medical facilities. Mayur Vihar Phase III also has several schools, hospitals, and religious institutions.
Mayur Vihar Phase III has a strong sense of community and offers a range of social infrastructure that fosters a sense of belonging. The neighborhood has several community centers, where residents can participate in various activities and events. The Mayur Vihar Community Center is a popular venue for cultural programs, sports tournaments, and social gatherings.
The area also has several religious institutions, including temples, mosques, and churches, which contribute to the neighborhood's vibrant social fabric.
There are numerous benefits to living in Mayur Vihar Phase III, including:
If you are considering buying property in Mayur Vihar Phase III, here are a few tips and tricks to help you make an informed decision:
Here are a few common mistakes to avoid when buying property in Mayur Vihar Phase III:
Mayur Vihar Phase III is a significant neighborhood in East Delhi for several reasons:
Mayur Vihar Phase III is a well-established and thriving neighborhood that offers an excellent quality of life for its residents. With its strategic location, excellent infrastructure, wide range of amenities, and strong sense of community, Mayur Vihar Phase III is an ideal choice for those looking for a convenient, affordable, and vibrant place to live in East Delhi.
Property Type | Price Range (₹ per square foot) |
---|---|
Apartments | 7,000 - 9,000 |
Independent Houses | 8,000 - 10,000 |
Gated Communities | 9,000 - 11,000 |
Amenity | Description |
---|---|
Parks | Mayur Vihar Phase III Park, Mayur Vihar Phase II Park, Pocket 11 Park |
Shopping Complexes | Mayur Vihar Market, Pocket 11 Market, Mayur Vihar Shopping Centre |
Schools | Bal Bharati Public School, Mayur Vihar Phase III, Delhi Public School, Mayur Vihar Phase III |
Hospitals | Max Super Speciality Hospital, Mayur Vihar, Fortis Hospital, Shalimar Bagh |
Religious Institutions | Mayur Vihar Temple, Jama Masjid, Mayur Vihar, St. Columba's Church, Mayur Vihar |
Transportation Mode | Description |
---|---|
Metro | Mayur Vihar Metro Station (Blue Line) |
Bus Routes | 502, 503, 504, 505, 506 |
Auto-rickshaws | Widely available throughout the neighborhood |
Expressways | Delhi-Noida Direct Flyway (DND), Faridabad-Noida-Ghaziabad (FNG) |
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