Delhi provides every resident the opportunities to raise their standard of living. With its lively culture, career options, and easy living, the city has a lot of people dreaming of calling it home. The toughest part about moving to Delhi can be finding an accommodation that meets your budget and gives you a personal space in the city. There are multiple housing options, but pricing is the key determinant for any deal. This guide will make your search easier and help you find the most affordable places to live in Delhi.
Top 15 Affordable Places to Live in Delhi
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Uttam Nagar
Uttam Nagar is a west Delhi suburb where you get varied housing options like builder floors and compact apartments at the cheapest rates. Known for offering some of the top apartments in delhi, the area is well connected by the Blue Line metro, making it extremely convenient to reach nearby locations.
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Laxmi Nagar
Laxmi Nagar is a very vibrant locality, and it is mainly preferred by students and working professionals. It offers cheap PGs, shared rooms, and studio apartments at an affordable price.
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Burari
Burari in North Delhi is a perfect place for families who need affordable homes. The locality has provision for wide roads and good schools, and the property prices are reasonable. Also, the closeness to Civil Lines and GTB Nagar adds to the strategic importance of its location.
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Dwarka Mor
Dwarka Mor, situated on the Blue Line, is an area that has economical builder floors with good infrastructure. Students and families with an average income are the major renters of this area.
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Sangam Vihar
Sangam Vihar is amongst the largest affordable housing belts in South Delhi. While it is still in the process of upgrading its infrastructure, the prices of the properties are kept very low, hence the area is very attractive to first-time homebuyers and low-income groups.
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Shahdara
Shahdara has excellent metro access, established markets, and is cheap for independent houses. Being one of the oldest localities in East Delhi, it provides stability, good rental returns, and a broad spectrum of schools and hospitals.
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Govindpuri
Govindpuri, located near Kalkaji and Nehru Place, is an affordable locality with easy accessibility and is filled with PGs and rental homes. IT employees, students, and young couples will find this place most suitable.
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Narela
Narela, a well-planned residential area in North Delhi, is dotted with DDA flats at pocket-friendly prices, provides a peaceful environment, and is a golden opportunity for investment for a long-term period. If you are looking for stability and big houses, then this is the best place for you.
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Mahavir Enclave
Mahavir Enclave is a place that has cheap builder floors, is tightly woven with residential areas, and is close to Palam and Dwarka. The working-class families looking to buy affordable 2BHK homes in a well-connected area will find the locality more than ideal.
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Mukherjee Nagar
Besides providing accommodation to UPSC and other competitive exam coaching institutes, Mukherjee Nagar offers affordable PGs, shared rooms, and small apartments. The student-friendly ecosystem makes it a strong rental market.
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New Ashok Nagar
New Ashok Nagar, which is situated adjacent to Noida, would be an ideal location for IT professionals and corporate employees. The metro connectivity, combined with low property rates, makes this place a strategically sound locality for budget-conscious buyers.
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Karawal Nagar
Karawal Nagar is a place where you can get low-priced independent houses, and the area is growing fast. It would be perfect for families seeking a value home with some potential for long-term gain.
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Vijay Nagar
Vijay Nagar is near the Delhi University campus. The locality is bustling with students and the young working class, resulting in more property demand. It leads to affordable rents and a fun nightlife for the young crowd.
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Khanpur
Khanpur is an inexpensive and good area of South Delhi located close to Saket and Mehrauli. Well, families settle down here because of the malls, schools, and it is affordable compared to the posh localities around.
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Rohini Sector 24 & 25
The outer regions of Rohini, being crammed with DDA flats on one hand and parks and driveways on the other, are accessible through the Red and Yellow Lines. It is a place for families and provides excellent value for the money.
How to Pick The Right Affordable Places To Live In Delhi
Delhi homes students and young professionals who have a limited budget. High rents and growing demand for business and education centres have driven many residents to seek out cheaper living options. Here’s what to consider:
- Opt for a locality close to your workplace to save on travel time and daily expenses.
- Select localities close to metro stations to enjoy quicker, easier, and cheaper access to the rest of the city.
- Match the place to your lifestyle: a family has different requirements from students or bachelors.
- Rent or buy, depending on the duration of stay and whether you plan to stay long-term.
- Assess safety settings daily at various hours.
- Go for the areas that have good infrastructure coming up. It will get you a better price in the future.
Conclusion
Delhi can offer a variety of residential choices to everyone. Renters or buyers just need to ensure their budget and comfort with the place. If you are looking to buy property in Delhi or invest in Delhi’s real estate, a professional property management service like SmartKey Realty will help you through safe transactions and verified listings, making your journey smooth and stress-free.
