DEFENCE COLONY Luxury Apartments and Flats for Rent and Lease.
Defence Colony is one of the posh colonies and best places to stay in South Delhi .It came up as a colony for housing senior ranks from the Defence forces. The place is very central and a mile away from Leutens zone. The Colony is mainly divided into 5 Blocks starting from A Block comprising plots of 217 Sq yds and B,C,D Blocks of 325 Sq Yds. Corner plots are of bigger sizes and vary from location to location. Last is E block which is of larger size on the ring road as is mostly commercial now. The place is very famous among Expats as being calm, quite and well secured and near to Diplomatic area ,Chanakyapuri.
Defence colony is the ideal place to stay because of the community around, wide roads, beautifully maintained parks, Clubs having Swimming pool. Gym, Party lawns, Tennis courts etc. The market is also very famous and has many nice and famous Pubs, Cafes and eating joints like Sagar Ratna, Swagat, Moets, Colonel Kebabs, Kents, Defence bakery, Barista to name a few. The locality is well connected by Metro – Lajpat Nagar Metro Station (Yellow line).
The Colony falls into B category as per SDMC and the Land prices start from 7 L to 8 L per Sq yds depending on location. The Colony has very stable prices and had least impact of property market crises.
The build in Flats/Builder floors are available for Rent and Lease in the range of 3.5 Cr to 6 Cr in A block depending on Floor, Size, Location, Facing, Parking and age of construction and are usually in the size of 1500 to 1600 sq.ft. The Bigger Size Flats in B,C,D Blocks start from 5.5 Cr and can go up to 11 Cr depending again on Floor,Size,Location,Facing ,Parking and age of construction and vary from 2100 Sq Ft to 2300 sq Ft.
