Dwarka Sector 6, one of the old sectors with mid-end residential segment continues to generate buyer interest. The majority of property here are on rent. In the last couple of years, the real estate market has changed remarkably in Dwarka. Prices have crossed the peaks reached before the economic slowdown. The Delhi Metro is one of the main factors pushing values in Dwarka, including Sector 6. Rise in capital values has led to an increase in the rental values in the locality. According to the MagicBricks.com data, the types of housing found in Sector 6 include Cooperative Group Housing, DDA flats, builder floor, and multi-storey apartments. Capital values for multi-storey apartments here are Rs 8,000-12,000 per sq ft. The rental values start at Rs 12 per sq ft and goes up to Rs 18 per sq ft depending on the size of the flat. Though rental values have seen a considerable rise in the past few quarters, the values still remain lower here than other sectors in Dwarka. Sector 6 is connected to Sector 5 and 7 through internal roads, and to the Dwarka Flyover through Road No 201. This road leads to easy connectivity to the airport. The domestic and international airports, office and business centers, and commercial hubs are in close proximity to this sector.
According to Rakesh Khatri, Proprietor, Kirti Realtors, “Its proximity to the capital city and the international airport gives it an edge over other emerging sectors. Plus the presence of Dwarka Sector 6 market, an existing commercial hub, two known schools – DAV Public School and JM International School are big draws for families looking for rented property”. He also added that, “An average increase of Rs 2,000 has been witnessed on property that is available for rent in Sector 6 compared to last year”. The sector sees demand from families and professionals who cannot afford the high rental values of Gurgaon and other premium sectors of Dwarka.