Stu­dents, get your bud­get rentals here

HT Estates - - HTESTATES - Rozelle Laha

Kat­waria Sarai has i t s ori­gins i n an an­cient vil­lage. It is one of south Delhi’s over­crowded ar­eas. Clas­si­fied as ‘ Lal Dora’ land, this zone is free of norms of tax­a­tion and build­ing bye laws. It’s also a res­i­den­tial lo­cale that’s clos­est to the Qutab In­sti­tu­tional Area, a haven of ed­u­ca­tion in­sti­tutes like In­dian In­sti­tute of For­eign Trade, I ndian In­sti­tute of Tech­nol­ogy Delhi, Jawa­har­lal Nehru Univer­sity, In­ter na­tional Man­age­ment In­sti­tute and FORE School of Man­age­ment, host­ing stu­dents from dif­fer­ent parts of the coun­try. As a re­sult, a large num­ber of stu­dents flock to this place in search of ac­com­mo­da­tion, thus adding to the pop­u­la­tion.

Com­pris­ing of mostly nar­row lanes, un­even and low ly­ing roads, Kat­waria Sarai has open air fast food joints, gro­cery shops, travel agents and uten­sil stores. This is in ad­di­tion to a fairly large veg­etable mar­ket over here.

Be­ing cl as­sifi ed un­der ‘ Lal Dora’, l and val­u­a­tions are com­par­a­tively low in this area. There is not much space be­tween build­ings, which re­sults in in­door hu­mid­ity and damp­ness.

To add to the woes of nar­row lanes, miss­ing pave­ments and crowds, the area is con­gested with parked ve­hi­cles. Most of th­ese builder floors do not have park­ing fa­cil­ity, thus forc­ing res­i­dents to leave their ve­hi­cles on the road. Mon­soons, too, are a nigh­mare for res­i­dents here.

How­ever, a so­ci­ety built by t he Delhi De­vel­op­ment Au t h o r i t y ( D DA ) , p o p u - larly known as Qutab View Apart­ments, is slightly bet­ter off with no wa­ter or elec­tric­ity prob­lems faced by res­i­dents. This lo­ca­tion is also less crowded when com­pared to the apart­ments in the mar­ket area.

“The gover nment bought land from us for just paise 50 per sq yard to ₹ 1.5 per sq yard in lieu of ex­tremely min­i­mal com­pen­sa­tion,” says Sa­hab Singh, a lo­cal res­i­dent. Since then, there has not been much in­fras­truc­tural change here even though the pop­u­la­tion has vir­tu­ally ex­ploded and other parts of Delhi de­vel­oped.

Green spa­ces, too, are not prop­erly cared for. The many parks here are so badly main­tained that chil­dren are forced to play on the streets. “Peo­ple liv­ing in the in­te­ri­ors don’t have ac­cess to wa­ter. What­ever l i t t l e we get i s some­times ex­tremely dirty and unfit for drink­ing,” says Singh.

De­spite be­ing home to 60,000 peo­ple, Kat­waria Sarai does not have a post of­fice of its own, the near­est one be­ing nearly 3.5 km away.

Those in­ter­ested in in­vest­ing here should know that prices of a typ­i­cal plot area start from 100 sq yard and go up to 200 sq yard. The cur­rent land val­u­a­tion here is ₹ 1 lakh per sq yard. Five years ago, the val­u­a­tions ranged be­tween ₹ 25,000 to ₹ 35,000 per sq yard.

What you get here are pri­vate builder and DDA apart­ments. The price of 1 BHK pri­vate builder apart­ment starts at ₹ 25 lakh. A 3BHK apart­ment in the area costs ₹ 75 lakh. The DDA flats are com­par­a­tively cheaper, with prices rang­ing be­tween ₹ 25 lakh to ₹ 2.5 crore.

The av­er­age rentals in the area for both DDA and pri­vate builder flats are almost sim­i­lar. Whereas a 1 BHK is avail­able at a min­i­mum price of ₹ 12,000, a 3 BHK is priced at around ₹ 18,000.

“Though there is no gated so­ci­ety here, the de­mand for prop­erty, es­pe­cially rented apart­ments is good, pri­mar­ily be­cause Kat­waria Sarai i s close to the Qutab In­sti­tu­tional Area,” says Ka­mal Anand, a prop­erty dealer.

Stu­dents can get 1RK ac­com­mo­da­tion at a price of ₹ 6,000. Air-con­di­tion apart­ments are also avail­able on twin shar­ing ba­sis at an av­er­age cost of ₹ 10,000.

Kat­waria Sarai is a safe place for girls.

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