South Delhi has emerged as a standout performer in the residential real estate market, with prices of independent luxury floors recording year-on-year growth of up to 34% in 2025, even as price momentum softened across other NCR markets. The findings come from a report by Golden Growth Fund (GGF), a Category-II real estate-focused Alternative Investment Fund.
The report highlights that premium demand continues to remain concentrated in South Delhi, with affluent buyers increasingly preferring redevelopment within established neighbourhoods rather than relocating. Enhanced lifestyle amenities, improved security features and the availability of larger floor-wise homes are supporting sustained interest in these micro-markets.
In Category A colonies such as Chanakyapuri, Golf Links, Jor Bagh, Shanti Niketan and Vasant Vihar, prices of independent floors increased by 25–34% year-on-year. A 2,500 sq. ft. floor in these locations rose from Rs 10–19 crore in 2024 to Rs 14–25 crore in 2025, while a 6,000 sq. ft. floor moved from Rs 19–45 crore to Rs 25–55 crore over the same period.
Category B colonies, including Defence Colony, Greater Kailash and Gulmohar Park, recorded price appreciation of 22–26%. A 2,500 sq. ft. floor in these areas rose from Rs 7–10 crore in 2024 to Rs 9–12.5 crore in 2025, while 3,200 sq. ft. floors climbed from Rs 11–16 crore to Rs 14–19 crore.
Commenting on the market momentum, Ankur Jalan, CEO, Golden Growth Fund (GGF) said, “The persistent low-supply and high-demand dynamics in South Delhi continue to drive strong price appreciation for independent floors. This trend is being reinforced by local landowners increasingly opting for redevelopment to unlock higher capital values, improve rental yields and accommodate evolving family requirements. Improved utilisation of permissible FSI has enabled larger, better-designed homes with modern amenities, further enhancing buyer appeal.”
He further noted, “The steady migration of affluent households from other parts of Delhi towards South Delhi – driven by its superior social infrastructure, iconic value and lifestyle offering – has significantly boosted demand. Limited availability of land, preference for low-density living, security and the growing appeal of floor-wise ownership have together sustained pricing momentum.”
According to the report, redevelopment potential across South Delhi colonies is estimated at over Rs 6 lakh crore, underlining the long-term investment attractiveness of the region. Regulatory zoning by the Municipal Corporation of Delhi continues to classify Delhi colonies into eight categories, with Categories A and B representing the most premium residential markets in South Delhi.
