Nehru Place is one the most active commercial markets of South Delhi. It is also considered to be a major hub of the Information Technology industry. This place has been named after the first Prime Minister of India, Pt Jawahar Lal Nehru. The main commercial district of Nehru Place was built in the eighties, and it comprised of several 4-floor buildings, that flank a large pedestrian courtyard, built over an underground parking. Although this is area is not well-maintained, most of the original structures here are still in use.
Nehru Place is also very famous for things related to technology like computer and all new kinds of equipments. In fact, each and every part of computer both software and hardware are available here in all kinds of price ranges.
No wonder this place is widely regarded the center for small-scale IT services. It is a hub for all forms of It hardware, such as personal computers, servers, networking equipment, software, documentation services, and allied services.
Commercial realty market of Nehru Place
Commercial realty market of Nehru Place is undoubtedly one of the most sought-after markets of Delhi. This place has several offices which have been working since very long. You will not only find retail shops for computers, clothes, electronic goods, spare parts etc but also banks, a cinema, and all other kind of offices and property in Nehru Place. It is often considered as a computer enthusiasts shopping area. Besides that it is also a hub of firms that deal exclusively in used and secondhand computer hardware, as well as small, one-room shops that sell software titles. The best thing about Nehru Place is the pervading informal atmosphere, like a flea market or a bazaar that deals in high-technology products.
One also hears from a lot of people that their office is located at Nehru Place. Another reason for the same could be the strong transport system that connects it to other parts of Delhi. Lot of Chartered buses commute to and fro from Nehru Place to other parts of Delhi. In fact, of late one can see a tremendous increase in the number of business executives traveling on work to Nehru Place. To tap the potential of these business travelers, two well-known luxury hotels have come up in the area – The Park Royal InterContinental and Crowne Plaza Surya. Besides that, Nehru Place is also home to a number of hotels in the medium budget range. It also houses paying guest and service apartments. Other interesting things about Nehru Place is that it is dotted with small eateries that cater to the office going crowd, apart from the number of street food shops/vendors which are remain very popular with the executives.
As far as geographical terms are concerned, this place boasts of a sprawling shopping arcade with a massive bus terminal, plying buses to almost every part of the city and outside it. In addition, its location is pretty close to most of the railway stations in Delhi, chief amongst them being the Nizamuddin Station which is just a 30 minutes drive away, and about a one hour drive from the main New Delhi Railway Station. The New Delhi airport is also not very far from the place and would be about a 45 minutes drive, making it easily accessible from all major corners and centers of Delhi.
The residential market of this place does not have much to offer. This place is mainly known and is famous for its commercial realty. So, all those looking for a commercial property in Delhi, it is one place which you should definitely consider. It will not only provide you a buyer for your product but also a healthy competitive environment with many sellers around.
Ease of access:
30 minutes drive from Nizamuddin Railway Station
One hour drive from New Delhi Railway Station
Nehru Place has its own bus terminal, popularly known as Nehru Place bus terminal which is quite close to Paras Cinema hall.
Areas that are close by to Nehru Place:
Kalkaji that has been name after Hindu temple of the Hindu Goddess Kali
Not very far from Lajpat Nagar, South Ex