Delhi's Outer Ring Road: A Catalyst for Real Estate Growth
The Outer Ring Road provides easy connectivity to different parts of Delhi, making it a sought-after destination for homebuyers and investors. With an average property price of Rs 8,000 per square foot, the region is witnessing significant real estate gro
Outer Ring Road DelhiDelhi Real EstateHousingProperty PricesInfrastructure DevelopmentReal Estate NewsJul 03, 2024
The Outer Ring Road has a separate part for automobile and pedestrian traffic, with pedestrian underpasses located at several points, including IIT Flyover, Chirag Delhi Flyover, and Dr Hedgewar Marg at Saraswati Vihar.
The speed limit on the Outer Ring Road for private vehicles, including cars and taxis, is 60 kilometre per hour. There are several upcoming developments planned for the Outer Ring Road, including the construction of underpasses at the IIT flyover, Khel Gaon flyover, and Chirag Delhi, as well as the installation of electric vehicle chargers every 5 km.
The Outer Ring Road has given a boost to the real estate sector in Delhi, with several residential localities near the road witnessing significant growth. Some of the top residential localities near the Outer Ring Road include Rohini, Panchsheel Park, Model Town, Okhla, and Tilak Nagar. These localities offer a range of properties, including 1, 2, and 3BHK apartments, individual houses, independent floors, and bungalows.
The average property price in these localities ranges from Rs 7,800 per square foot in Okhla to Rs 13,800 per square foot in Model Town. The Outer Ring Road provides easy connectivity to different parts of Delhi, making it a sought-after destination for homebuyers and investors.
Frequently Asked Questions
How many ring roads are in Delhi?
There are two ring roads in Delhi - the Inner Ring Road and the Outer Ring Road.
What is the length of the Outer Ring Road in Delhi?
The Outer Ring Road in Delhi has a length of 47 km.
What is the speed limit on the Outer Ring Road in Delhi?
The speed limit on the Outer Ring Road in Delhi for private vehicles, including cars and taxis, is 60 kilometre per hour.
What are the top residential localities near the Outer Ring Road in Delhi?
Some of the top residential localities near the Outer Ring Road in Delhi include Rohini, Panchsheel Park, Model Town, Okhla, and Tilak Nagar.
What is the average property price near the Outer Ring Road in Delhi?
The average property price near the Outer Ring Road in Delhi ranges from Rs 7,800 per square foot in Okhla to Rs 13,800 per square foot in Model Town.
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