The suburb is divided into four parts: Lajpat Nagar I, II, III (north of the Ring Road) and IV (south of the Ring Road). Housing colonies like Amar Colony, Dayanand Colony, Double Storey (also known as Nirmal Puri) and vikram vihar are also located in it. Some of the well known people who have lived there are Sushil Choudhery (MLA, Karsturba Nagar Constituency) and Ajay Maken (Member of Parliament, India).
Lajpat Nagar was developed in 1950’s and most of its early residents were immigrants from Pakistan. The ethnic background of these immigrants was Punjabi and Sindhi. They were hardworking individuals who started small business and have some of the big stores in the Central Market. At present, it is common to see individuals from different parts of India, Afghanistan, and African countries. The houses were usually single story in the beginning, but now most of the houses are multistories.
Lajpat Nagar IV (specially double storey) has turned into a major commercial joint. It is so called the largest ladies suit market in Asia. It has all kinds of suits ranging from INR 200 (Approx US $ 4.5) to INR 45,000 (Approx US $ 1000). You can find all kinds of ethnic and fashionable ladies suit in this market.Lajpat Nagar IV- Amar Colony market is famous for joints selling momos, rolls and plenty of restaurants. Amar Colony also has an Institution for Blind.
Lajpat Nagar I has one of the leading car accessories market in south Delhi. Royal Car Center (Khanna Motors) being one of the oldest showrooms there. Besides the car accessories there are showrooms selling all the leading cars in India. The area is expected to be well connected by Delhi Metro soon. 3Cs, Sapna are the nearest movie theaters.
Lajpat Nagar has some of the best recruitment firms like Next Step Solutions, XE Consulting etc.
Some of the most famous educational training/ Tuition institutes operate from here. Anil Kapoor tuition classes is rated as the best for commerce students of Delhi University and ICAI. Others include Friends tuition center, Paul's, Bright tuitions etc.