Skip to main content

South Delhi luxury floor prices surge 32% amidst wider realty slowdown

By A Representative 
South Delhi’s luxury housing market recorded strong price growth in the first quarter of 2026 despite a broader slowdown in the real estate sector, according to a report released by Golden Growth Fund (GGF). The report said luxury floor prices in South Delhi rose by up to 32 per cent year-on-year during the January–March quarter.
The report stated that Category B colonies outperformed Category A colonies in terms of price appreciation. Prices in Category B colonies increased between 23 per cent and 32 per cent year-on-year, while Category A colonies registered growth between 14 per cent and 22 per cent.
According to the report, the price of a 2,500 sq ft luxury floor in Category A colonies ranged between Rs 14 crore and Rs 25 crore in the first quarter of 2026, with the average price rising 22 per cent year-on-year. For a 6,000 sq ft floor in the same category, prices ranged between Rs 25 crore and Rs 55 crore, while the average price increased by 14 per cent.
In Category B colonies, a 2,500 sq ft floor was priced between Rs 9 crore and Rs 12.5 crore, with average prices increasing 23 per cent year-on-year. Meanwhile, prices for 3,200 sq ft floors ranged between Rs 14 crore and Rs 19 crore, recording an average increase of 32 per cent over the previous year.
Ankur Jalan, CEO of Golden Growth Fund, said the growth reflected “the growing depth of demand in South Delhi’s premium housing market.” He added that South Delhi was “far from being a uniform market,” with pricing varying across colonies and micro-markets. Jalan also said there was increasing migration of buyers from other parts of Delhi towards South Delhi’s premium localities.
The report noted that ongoing geopolitical uncertainty arising from the conflict in West Asia could lead to increased investment interest in established luxury housing markets such as South Delhi. Jalan said wealthy Indian families and non-resident Indians may increasingly prefer such markets for investment.
The report listed colonies including Mayfair Garden, Panchsheel Park, Anand Niketan, Vasant Vihar, Shanti Niketan, Chanakyapuri, Golf Links and Jor Bagh among Category A localities. Category B colonies mentioned in the report included Greater Kailash, Green Park, Gulmohar Park, Defence Colony, Safdarjung Enclave and Kailash Colony.
According to GGF, around 18,500 plots are available across 42 Category A and B colonies in South Delhi, with an estimated redevelopment potential of Rs 6.5 lakh crore.

Comments

Post a Comment

NOTE: Hateful, abusive comments won't be published. -- Editor

TRENDING

Planning failures? Mysuru’s traditional water networks decline as city expands

By Prajna Kumaraswamy, Mansee Bal Bhargava   The tropical land–water-scape of India shapes every settlement through lakes, ponds, wetlands, and rivers. Mysuru (Mysore) is a city profoundly shaped by both natural and humanly constructed water systems. For generations, it has carried a collective identity tied to the seasonal rhythms of the monsoon, the life-giving presence of the Cauvery and Kabini rivers , and the intricate network of lakes and ponds that dot the cityscape. Water transcends being merely a resource; it is part of collective memory, embedded in place names, agricultural heritage, and the very land beneath our feet. In an era of rapid urbanization and climate-induced land–water transformations, understanding this profound relationship with the land–water-scape is strategic for sustainability, resilience, and even survival.
1 comment
»

Activists Akriti, Satyam Verma face NSA in Noida protest case: PUCL

By A Representative   Human rights activist Kavita Shrivastava has alleged that the Uttar Pradesh Police is invoking the National Security Act (NSA) against two activists associated with Mazdoor Bigul in connection with the Noida workers’ protest case, even as labour unrest continues to spread across industrial belts in several northern states.
Post a Comment
»

Why was this BJP leader forced to call off marriage of his daughter with Muslim boy?

By Vidya Bhushan Rawat*  A marriage of two individuals belonging to different faiths was ultimately postponed as the 'champions' of the social morality dominated the discourse and threatened the father of the girl who happened to be the chairman of Pauri city municipality. Yashpal Benam, a BJP leader, posted the invitation of his daughter's wedding with a Muslim boy from Uttar Pradesh. Both the boy and the girl became friend during their B Tech course and were in relationship. There were reports that they already got married in the court but we don't know the reality. Perhaps the family of the girl wanted to send a message of 'acceptability' and 'appreciation' of such a marriage by the society. Invitations were sent to all but soon after it went wide spread on the social media, the champion of Hindu dharma jumped into the fray and started threatening the father. There were hundreds of calls asking the father hundreds of questions about the marriage. What...
Post a Comment
»