Golden Growth Fund has reported strong growth in South Delhi’s luxury residential floor market during the first quarter of 2026, despite a broader slowdown in India’s real estate sector influenced by geopolitical tensions in West Asia and lingering market softness from the previous year.
According to the latest market report by Golden Growth Fund (GGF), luxury floor prices in South Delhi increased by as much as 32% year-on-year during January–March 2026. The report highlighted that Category B colonies outperformed Category A colonies in terms of price appreciation during the quarter.
Price growth in Category B colonies ranged between 23% and 32%, while Category A colonies recorded comparatively moderate growth between 14% and 22%. However, Category A colonies continued to command significantly higher absolute property values.
The report stated that the average price of luxury floors in Category A colonies currently ranges between ₹19.5 crore and ₹40 crore depending on size and location. In Category B colonies, average pricing stands between ₹10.65 crore and ₹16.5 crore.
For 2,500 sq. ft. luxury floors in Category A colonies, prices ranged from ₹14 crore to ₹25 crore during Q1 2026, with average values increasing 22% compared to the previous year. Larger 6,000 sq. ft. floors in the same category were priced between ₹25 crore and ₹55 crore, recording a 14% annual rise in average pricing.
In Category B locations, 2,500 sq. ft. floors were priced between ₹9 crore and ₹12.5 crore, while average prices increased 23% year-on-year. Meanwhile, 3,200 sq. ft. floors in these colonies were valued between ₹14 crore and ₹19 crore, witnessing the highest annual growth of 32%.
Ankur Jalan, CEO of Golden Growth Fund, stated that the strong appreciation in Category B colonies reflects rising demand depth in South Delhi’s premium residential market. He noted that the market remains highly segmented, with substantial pricing differences across micro-markets and colonies.
Jalan also highlighted a growing trend of buyers shifting from other parts of Delhi toward South Delhi’s premium residential neighbourhoods. According to him, the combination of strong demand and limited supply is expected to keep luxury property prices resilient despite broader market fluctuations.
He further added that ongoing geopolitical uncertainties in West Asia may encourage wealthy Indian families and non-resident Indians (NRIs) to invest in established luxury markets such as South Delhi, potentially driving additional capital inflows into the segment.
Some of the prominent Category A colonies mentioned in the report include Vasant Vihar, Golf Links, Jor Bagh and Panchsheel Park. Category B locations include Defence Colony, Green Park and Kailash Colony.
The report also pointed out that approximately 18,500 plots are available across 42 Category A and B colonies in South Delhi, with an estimated redevelopment potential of nearly ₹6.5 lakh crore, presenting significant opportunities for future luxury housing development.
