Malviya Nagar, a buzzing commercial and residential locality, is situated in South Delhi. The locality, named after educator and founder of Banaras Hindu University Madan Mohan Malviya, has a cosmopolitan population consisting of Punjabis, Rajasthanis, Sindhis, and Haryanvis.

Commercially, Malviya Nagar is quite active. The Main Market and Corner Market are two important markets in the locality where one can buy vegetables, fruits, clothing, accessories, jewellery, and other essentials and luxuries. The locality has all the important amenities needed in a residential area, like banks, ATMs, restaurants, and shopping centres.

Apart from being a shopping hub, Malviya Nagar is also home to numerous educational institutions like Sri Aurobindo College, Amity International School, and Gyan Bharathi Public School. Reputed colleges like IIT Delhi are very close to this locality.

Connectivity and Transit Points

Malviya Nagar has a good transport network system already in place. The efficient Metro rail service, as well as the Delhi Bus Rapid Transit System (BRTS) connects the locality. The BRTS offers services from Malviya Nagar to localities like Saket, Yusuf Sarai, Connaught Place, Mori Gate, Nizamuddin, and Gurgaon.

Malviya Nagar lies on the Yellow line of the Delhi Metro, which connects the locality with key areas like Chandni Chowk, Race Course, Qutub Minar, and Vidhan Sabha. Apart from buses and Metro, one can also travel from Malviya Nagar by taxis or auto-rickshaws, while the cycle rickshaw is an uncommon mode of transportation. The Malviya Nagar Metro Station bus stop and the Safdarjung Hospital are two bus stops in the locality for intra-city buses.

The closest major railway station from the locality is the Hazrat Nizamuddin Railway Station, which is 10 km away, while Indira Gandhi International Airport is only 12 km from Malviya Nagar.

Major Landmarks

Malviya Nagar metro station
Corner Market
SKV Raja Ram Mohan Roy School
Pandit Madan Mohan Malaviya Hospital
Tikona Park

Factors for Growth in the Past

The presence of shopping markets in and around Malviya Nagar has influenced the growth of the locality. Malviya Nagar has stores of well-known brands like Raymond, Colors, Cafe Coffee Day, and Domino's.

Another factor for the growth in the locality is the good connectivity that it offers. The Metro station at Malviya Nagar especially has reduced travel time from the locality to other regions of New Delhi. Another important transport infrastructure facility in the locality is the Delhi BRTS, which connects Malviya Nagar with several localities in New Delhi.

Residential Market & Commercial Market

Residential Market Trends

Malviya Nagar mainly consists of high-rise apartments and builder floor apartments, and a small percent of independent houses. The locality's key enclaves are Khirki Extension, Bhavishya Nidhi Enclave,Sarvodaya Enclave, and Geetanjali Enclave.

The price of apartments in Malviya Nagar has seen fluctuations in the last few years. The price of apartments for Q1 (2014) ranged between Rs 10,400 per sq. ft. and Rs 13,300 per sq. ft., while rent for apartments in the area was between Rs 26 per sq. ft. and Rs 33 per sq. ft. for the same period.

Commercial Market Trends

The locality, which is a popular commercial area, has seen a slight decline in the rental values of commercial space. The rental values for a commercial property in the area, as per Q1 of 2014, were between Rs 67 per sq. ft. and Rs 82 per sq. ft.

Major Challenges

Malviya Nagar faces several problems that could affect the growth and popularity of the locality. Major challenges are inadequate supply of water and quality of water. Residents of the locality complain that the drinking water, on numerous occasions has been contaminated. The sewage line at times has broken, causing a bad stench in the area.

Residents also do not have space to walk, as some places do not have footpaths and a few other footpaths have been encroached by fruit and vegetable sellers. Residents and shoppers who visit the area find it tough to find any parking space, while the roads are also uneven. Residents have also complained about the security problems in the area, with a spate of robberies occurring in the locality on a constant basis

Factors for Growth in the Future

The ongoing water project in Malviya Nagar is set to propel growth in Malviya Nagar. The locality faces an acute shortage of water, which has prompted the authorities to take up a water project in collaboration with Suez and SPML Infra Ltd. The project will provide clean potable water to the residents of Malviya Nagar.

Malviya Nagar, Delhi

Overview of Malviya Nagar, Delhi

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