Malviya Nagar is an up-market residential locality of South Delhi with property prices shooting above 17000 per square feet. This rich region is well known for possessing a big market and many luxurious eating and shopping facilities. It would also be benefiting from its close location to Saket, Hauz Khas and IIT Delhi for people who wish to embrace city life.
The region is similarly named after Madan Mohan Malviya a freedom fighter, educationist and founder of BHU Banaras Hindu University. The contribution of Malviya for the nation and in the field of education has been recognized and therefore there is no better honor to name the area after him. So owning a property in Malviya Nagar is something, everybody would like to have due to its beautiful real estate, connectivity, and historical importance.
Originally developed in the 1950s, Malviya Nagar expanded rapidly for the purpose of accommodation for the refugees who migrated from Pakistan during the time of the Independence Partition. This area proved to have a strong pull for people in Rajasthan, Uttar Pradesh, Haryana, Punjab and Sindh province, Pakistan; the Afghan refugees were settled in this area during the Soviet-Afghan war in 1971. Years have passed and its population has increased and the culture of the residents of Malviya Nagar has evolved and the area has become more diverse and integrated to afford a cultural mix.
Presently, Malviya Nagar is a well-developed residential-cum-commercial locality situated in the central part of Delhi touching Panchsheel Enclave in north, Sheikh Sarai in east, Saket in south and Sarvapriya Vihar in west. This area is an active one, and there are a number of clusters within the Malviya Nagar local metropolitan. Some of the residential enclaves that specialties the are Geetanjali Enclave, Bhavishya Nidhi Enclave, Shivalik colony, Sarvodaya Enclave MMTC Colony and Adchini. Thanks to good transport links, proximity to the centre and availability of facilities, it is one of the most popular residential areas in Jaipur.
Its virtually a very busy commercial zone in south Delhi, south to Malviya Nagar where there are many shops, restaurants and other commercial markets. Conveniently located, it is linked to other parts of the city on Delhi Metro yellow line, and lies on Malviya Nagar. Moreover, it is an ideal place for learning as well as provides a facility for learning as the Delhi Police’s Training School is located here. This is the institution that prepares fresh entrants and endow them with expertise that makes police! In case one enjoys a site seeing and shopping spree, Malviya Nagar is an ideal location as it is surrounded with many attractions. Due to the close proximity of its location, variety of people, numerous eating joints and the modern lifestyle that the neighborhood offers, Malviya Nagar has all that one would need from a dwelling.
Malviya Nagar is one of the most vibrant localities of Delhi with branch of many eating joints, shopping malls and a host of avenues for out-door activities. Pronounced Saket, they happen to be key shopping centres located in Saket and famous restaurants: Kake Da Hotel, Domino’s Pizza, Pizza Hut, Nirula’s, Haldiram’s and The Big Book Box. The area further possesses a tertiary hospital and other facilities in case of a medical emergency.
Malviya nagar is also the centre of small monuments dating back to Delhi Sultanate periods. Sheikh Yusuf Qattal, the Sufi saint, who was in the service of Ibrahim Lodhi and who died either in 1526-27, has his tombs near the Corner Market. Having them assumes and interest in history and are interesting for sight seeing.
And although visiting some are non sportsy, there are a few neighborhood parks in Malviya Nagar that are open to all in terms of jogging, running and are quite sportsy. In both these aspects, therefore, if you are looking for a place to shop, dine, sightseeing or even to jog leisurely then Malviya Nagar is the right place for all these purposes.
Malviya Nagar possesses the main market area that houses many numbers of the nationalized and the public sector bank, ATMs for the shopping freaks. Most of them are Axis Bank, Syndicate Bank, Punjab National Bank, State Bank of India, ICICI Bank, HDFC Bank, Canara Bank, Vijaya Bank, Kotak Mahindra Bank, Central Bank of India, Citibank, South Indian Bank, Andhra Bank, IDBI Bank and Indian Bank and many others. Nevertheless, other international banking institutions including standard chartered bank, and deutsche bank among others. For banking services you don’t have to look further as there is a branch in Malviya Nagar main market for a bank visit.
