Luxury Housing Demand Fuels 17% Price Hike in South Delhi Independent Floors
South Delhi's luxury housing market continues to thrive, with the average price of independent floors in Category A and B colonies rising by 12-17% in the third quarter of 2025, according to a report by Golden Growth Fund (GGF).
Real EstateLuxury HousingSouth DelhiRedevelopmentProperty PricesReal Estate NewsNov 14, 2025
The average price of floors in Category-A colonies has risen 17% YoY. Some of the Category A colonies include Chanakyapuri, Golf Links, Jor Bagh, Shanti Niketan, Vasant Vihar, Anand Niketan, and Panchsheel. The average price of a 2500 sq. ft. floor in these colonies has increased from ₹10-19 crore in July-September 2024 to ₹11-23 crore in July-September 2025. For floors sized 6000 sq. ft., the average price has risen from ₹19-45 crore in Q3 2024 to ₹22-53 crore in Q3 2025.
Delhi’s Category B colonies have also seen a significant rise in property prices, with an increase of 12-15% YoY. Some of the Category B colonies are Gulmohar Park, Anand Lok, Defence Colony, Neeti Bagh, Chirag Enclave, and Greater Kailash. For a 2500 sq. ft. floor, the average price has risen from ₹7-10 crore in Q3 2024 to ₹8-11 crore in Q3 2025. Similarly, for a 3200 sq. ft. floor, the price has increased from ₹11-16 crore in Q3 2024 to ₹13-18 crore in Q3 2025.
According to Ankur Jalan, CEO of Golden Growth Fund, 'The average price growth of floors in South Delhi continues to beat NCR despite this market offering high-value products. This is primarily due to local inhabitants either looking to monetize their land or redeveloping it to lift the capital value and rental income. Besides, this market, like global metropolises, sees higher demand than supply, a trend that will be maintained going forward.'
As FSI (Floor Space Index) utilization improves with redevelopment, more usable areas, amenities, and lifestyle features are incorporated into the design to cater to the new-age occupants. As a result, the average rentals also rise by 20-30%.
The Municipal Corporation of Delhi (MCD) has divided all colonies of Delhi into eight categories: A, B, C, D, E, F, G, and H. Circle rates, property tax rates, and stamp duty charges for property registration are based on these categories. Categories A and B are located in South Delhi.
Golden Growth Fund is a Category-II Real Estate focussed Alternative Investment Fund (AIF), a financial vehicle specifically designed for real estate investments in South and Lutyens' Delhi.
Frequently Asked Questions
What is the average price increase for independent floors in Category A colonies in South Delhi?
The average price of floors in Category-A colonies in South Delhi has risen by 17% YoY.
Which colonies are classified as Category A in South Delhi?
Category A colonies in South Delhi include Chanakyapuri, Golf Links, Jor Bagh, Shanti Niketan, Vasant Vihar, Anand Niketan, and Panchsheel.
How much has the price of 2500 sq. ft. floors increased in Category A colonies?
The average price of a 2500 sq. ft. floor in Category A colonies has increased from ₹10-19 crore in July-September 2024 to ₹11-23 crore in July-September 2025.
What is the redevelopment potential in South Delhi colonies?
The redevelopment potential across South Delhi colonies is estimated to be worth over ₹6 lakh crores.
What is the role of Golden Growth Fund in the South Delhi real estate market?
Golden Growth Fund is a Category-II Real Estate focussed Alternative Investment Fund (AIF) designed for real estate investments in South and Lutyens' Delhi.
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