Vasundhara Enclave,near Mayur Vihar Phase-I in East Delhi,is another upcoming area. Covering over 100 acres,Vasundhara has more than 55 housing societies. Prices have remained relatively stable and not taken a nosedive in spite of the real estate slowdown,even though demand has slowed. Deluxe Apartments offer 2 BHK apartments of 850 square feet at a rate between Rs 42 and 45 lakh. 3 BHK apartments spanning 1250 square feet cost between Rs 65 and 70 lakh. Apartments in Paryatan Vihar range from Rs 45 lakh upto Rs 80 lakh. 2 BHK flats covering 950 square feet are between Rs 45 and 40 lakh,while 3 BHK flats covering 1450 square feet are priced between Rs 75 and 80 lakh. Mangal Apartments offer 900 square feet 2 BHk flats at Rs 50-55 lakh. 3 BHK apartments of 1250 square feet cost Rs 75-80 lakh. 4 BHK apartments spanning 1500 square feet are priced at Rs 1.2 crore. 3 BHK + 1 apartments covering 1550 square feet cost Rs 1.05 crore in Doctor Apartments. 3 BHK apartments from NDMC which cover 1150 square feet cost between Rs 65 and 70 lakh. 3 BHK apartments offered by High Land have an area of 1450 square feet and cost between Rs 85 and Rs 90 lakh. "Rates in this area have not changed over the past year and are stagnant in spite of the beating which the real estate sector has taken. However,customers are not coming forward to place orders at this time. Only when market sentiment improves overall will demand start flowing more easily," said Pradeep Mishra,broker with Sainik Estates. The rental rate for a 2 BHK apartment of area 850 1000 square feet is between Rs 9,000 and Rs 12,000. A 3 BHK apartment of approximate area 1200 square feet is between Rs 15,000 and Rs 18,000. Vasundhara Enclave is well connected and quite self-sufficient with a number of schools and shopping complexes around it. About 1.5 kilometres from Mayur Vihar,it borders with Noida. Sahadra is about 5-6 kilometres away. The distance from Indira Gandhi Airport is about 16 kilometres. A number of DTC bus stands surround Vasundhara Enclave as well. Salwan Public School,Ryan International School,Somerville School are among some of the schools in the area. Being so close to Noida gives Vasundhara Enclave easy access to all the big malls of Noida such as the Great India Place. Other malls,which fall within a 5-km radius around Vasundhara Enclave,are East Delhi Mall,Blue Water Mall,Pacific Mall and Mahagun Mall. There is a DDA market near Capital Apartments and an Atlantic Plaza near Deluxe Apartments that more than provide for daily necessities. Huge multiplexes are also not too far. Fun Cinema,Wave Cinema and Adlabs Cinema are some of them. Power and water supply is generally regular.
