Great location, affordable prices
The history of Patparganj dates back to the 18th century, when it was a thriving town close to the Yamuna river. Ravaged by a series of conquests and battles – including the famous Battle Of Patparganj (or Battle Of Delhi) with the British – the town lost its prominence as a trade centre and storehouse for food grains. While there wasn’t much activity i n t he area almost till the 1980s, it was only after the 90s that Patparganj rose from its ashes, so to speak.
T he Delhi Development Authority (DDA) started concentrating on laying out plots in east Delhi to meet the housing requirements of people on the other side of the Yamuna. About 175 acres of land was made free and plots for societies and industries were demarcated and auctioned. Thus, Patparganj was back on the development radar in the 1990s, making it one of the first few organised areas in east Delhi.
Patparganj includes Pandav Nagar, Ganesh Nagar and Vinod Nagar, with Madhu Vihar being an important market. It also spills on to what is called the Patparganj IP Extension, which has been earmarked for societies and colonies, and the Patparganj Industrial Area, which has some factories, offices, and so on.
While Pandav Nagar remains a congested locality with independent houses built wall-towall, the IP Extension has some well-developed societies where a lot of retired civil servants and diplomats live. So, there is a huge disparity within Patparganj in terms of quality of life, and this reflects in the prices too.
“For instance, in Pandav Nagar, a 50 sq yard builder floor with two bedrooms is available at 30 lakh to 35 lakh, and it may go up to 50 lakh, depending on the size and exact location and the age of the building. A sq yard in, say, Pandav Nagar, will cost about 2 lakh to 2.5 lakh. In IP Extension, a 1,250 sq ft apartment with two or three bedrooms, will set you back by
1.8 crore, at least,” points out a local real estate broker in the area.
In terms of rentals, both parts of Patparganj are quite affordable, although there is a difference in rates. In Pandav Nagar and parts of Vinod Nagar, you might be able to rent out a 50 sq yard two-bedroom builder floor for 8,000 to 10,000 a month. In Patparganj IP Extension, you will have to shell out any amount from 15,000 to 30,000 for a 2BHK or 3 BHK (700 sq ft to 1,600 sq ft), and close to 7,000 to
10,000 for a small 1 BHK of 300 sq ft to 500 sq ft.
Anil Tiwari, a resident, says that the best part of Patparganj is its location, which is why he tries to overlook the many problems that plague the area. “I live in an independent house near Pandav Nagar and despite the many problems here, including water, sewerage, crime and congestion, I continue to live here because it is centrally located. I work in the Patparganj Industrial Area, which is just a stone’s throw away f rom here. It is close to central Delhi and is well- connected to the rest of the city and to Noida and Ghaziabad.” He, however, believes that there needs to be more focus on improving the quality of life in the Pandav Nagar and Vinod Nagar belt.
Thanks to its affordability and connectivity, it is home to a large student population. The nearest metro station, Akshardham, is just a kilometre away and the other station, Laxmi Nagar, is at a distance of about two to three kilometres. Both fall on the Blue Line of the Delhi Metro. “A large number of people living in Patparganj run their own businesses here or in the neighbouring areas of Laxmi Nagar, CP, etc. Now, we see a lot of working professionals here with offices in Noida,” adds Tiwari.
There are no shopping malls in Patparganj, but V3S, which is located in Laxmi Nagar, is the nearest entertainment option. It has a buzzing local market, and some temples too.