Preet Vihar, a wealthy neighbourhood in East Delhi, has a strong demand for rental apartments. Families, students, and working professionals want to live in the neighborhood because of its accessibility to major attractions, commercial centers, and excellent transportation options. Monthly rentals for a two-bedroom home in Preet Vihar range between Rs 12,000 and Rs 25,000.
Preet Vihar is a well-known East Delhi neighbourhood that offers its people an upmarket lifestyle. It has become one of the most popular choices for rental accommodations due to its proximity to the business complex near Preet Vihar Metro Station and various educational institutions. Furthermore, it is only a few minutes away from the city’s core, Connaught Place. Let’s take a closer look at what aspects contribute to Preet Vihar’s popularity among tenants.
Inventory Mix
Preet Vihar is a premier location that mostly offers independent houses and builder floor units, the majority of which are recently constructed and well-equipped with modern amenities. Because Laxmi Nagar, a famous educational, commercial, and retail hub, is only four kilometers from Preet Vihar, there are many students and working professionals who live here, therefore 1 BHK and 2 BHK units are in high demand and supply. 3 BHK homes are also available, although they are primarily preferred by large families. Monthly apartment rents begin at Rs 8,000, while Paying Guests (PGs) accommodations start at Rs 4,500 per bed.
Preet Vihar is an affluent neighborhood with numerous reputable schools nearby. There are several commercial centers nearby, and practically every bank, including SBI, HDFC, ICICI, and Union Bank, has a branch here. Also, Preet Vihar has a dedicated metro station on the Blue Line, which eliminates connectivity issues.”
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BHK-wise distribution of rental inventory in Preet Vihar, East Delhi |
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Configuration |
Percentage |
Monthly rentals |
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1 BHK |
31% |
Rs 8,000-12,000 |
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2 BHK |
46% |
Rs 12,000-25,000 |
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3 BHK |
22% |
Rs 16,000-35,000 |
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4 BHK |
2% | Rs 37,000-60,000 |
Social infrastructure
Preet Vihar is brimming with eating establishments and eateries. However, civic infrastructure need care, because it is a low-lying region beside the Yamuna, “water clogging during monsoons is a challenge”. Also, “improper road maintenance” and “potholes on service lanes” on Vikas Marg, a section of the locality, make for a difficult journey for commuters.
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Social facilities in Preet Vihar |
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Healthcare facilities |
Educational institutions |
Malls |
Commercial hubs |
Recreational choices |
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Max Super Specialty Hospital (1.5 km) |
Vivekanand School (2.55 km) |
V3S Mall East Centre (2 km) |
Laxmi Nagar (4 km) |
Preet Vihar Community Centre (500 m) |
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Shanti Mukand Hospital (1 km) |
DAV Public School (3 km) |
Metroplex Mall (1.3 km) |
Connaught Place (9 km) |
Akshardham Temple (3 km) |
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Metro Hospital and Cancer Institute (500 m) |
NIMT I-center (1 km) |
Unity One Mall (4 km) |
Spring Meadows Business Park (12 km) |
Teeny Town Preet Vihar (1 km) |
Connectivity Options
The region has great metro and road connectivity. It is located on Vikas Marg Road and serves as a dedicated metro station on the Delhi Metro’s Blue Line, which runs between Vaishali and Dwarka. Anand Vihar ISBT is roughly six kilometers away, Anand Vihar railway station is 5.5 kilometers away, and New Delhi Railway Station is 9.5 kilometers away. Residents can travel to IGI Airport (22 km) in about an hour.
Preet Vihar is a developed region, hence housing demand is always strong. However, students and working professionals may want to look into other areas such as Shakarpur, Shahadra, and Laxmi Nagar, especially if they are looking for PG accommodations. These areas have an adequate PG supply, with monthly rentals starting at Rs 3,000 per bed.
