Buying a luxury independent floor in South Delhi just got a lot more expensive. Property prices in the region have jumped between 64% and 105% in the last three years, according to a new report by Golden Growth Fund (GGF), a Category-II real estate-focused Alternative Investment Fund (AIF).
According to the report, in Category-A colonies, between June 2022 and June 2025, the average price for a 2500 sq. ft. floor has risen by approximately 100% from Rs 8 to 11 crore to Rs 16 to 22 crore, while for a 6000 sq. ft. floor, the price has risen by 105% from Rs 18 to 22 crore to Rs 36 to 45 crore.
In Category-B colonies, between June 2022 and June 2025, the average price for a 2500 sq. ft. floor has risen by approximately 70% from Rs 5 to 6.5 crore to Rs 8.5 to 11 crore, while for a 3200 sq. ft. floor, the price has risen by approximately 64% from Rs 8 to 11 crore to Rs 13 to 18 crore.
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Property prices in South Delhi
Ankur Jalan, CEO, Golden Growth Fund said: “South Delhi is today the most premium real estate market with per sq. ft. rate in a Cat-A colony ranging between Rs 60,000-Rs 90,000 and in Cat-B colony between Rs 36,000-Rs 56,000, depending upon floor and colony. With growing interest from startup founders and businessmen, South Delhi has emerged as an end-user destination with privacy and customised space as the primary needs of these ultra-rich habitants. Its connectivity to the office hubs in Gurugram and Noida; and the airport adds to its appeal. The excellent return on investment is another factor that has added to the growing interest.”
In an earlier report, GGF said the redevelopment potential of South Delhi is worth Rs 5.65 lakh crore across 42 MCD-regulated colonies with plots (occupied and vacant) in Category A & B colonies alone accounting for over Rs 5.35 lakh crore.
“The real estate market in the last three years has been bullish. However, what separates South Delhi from the rest is the consistent demand, reliable and safe investment, and substantial returns. Besides, it also boasts of the safety of the asset against depreciation of capital,”
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