South Delhi Real Estate: Plot Resold for 18 Crore Profit in Six Months
The real estate market in South Delhi, particularly in Vasant Vihar, has shown significant growth with high price appreciation and limited inventory. A plot recently resold for a substantial profit, highlighting the region's potential.
Real EstateSouth DelhiVasant ViharLand DealsProperty PricesReal Estate NewsJul 26, 2025
Akhil Wable, founder of DataforIndia, has acquired a 1,280-square yard plot in Vasant Vihar for Rs 113 crore from Eleannt Enterprises. The South Delhi-based real estate firm had initially purchased the plot for Rs 95 crore in January this year, paying Rs 6.65 crore in stamp duty. This transaction marks one of the costliest land deals in South Delhi, as reported by ET in May.
However, sources indicate that the local authority is not granting permission to construct on the plot due to its proximity to the ridge area. Despite this, the plot's value has significantly appreciated, reflecting the high demand and limited supply in the region.
Ankur Jalan, CEO of Golden Growth Fund, a Category-II real estate-focused Alternative Investment Fund (AIF), noted, “South Delhi has shown a considerable appetite for real estate. The fact that only a limited inventory comes into the market, especially from owners looking to monetize their assets, means they find both investors and end-users willing to pay a premium. This has led to unprecedented price appreciation. For example, transactions in Vasant Vihar currently are happening at around Rs 9–12 lakh per sq. yd.”
Recently, Golden Growth Fund (GGF) acquired a land parcel in Neeti Bagh in South Delhi, further highlighting the region's real estate potential, which is estimated at Rs 5.65 lakh crore. Around 18,446 plots are available across the 42 Category A, B, and C colonies in South Delhi, with sizes ranging from 125 square yards to 1,750 square yards. The average price ranges between Rs 6–15 lakh per square yard, according to data.
The Municipal Corporation of Delhi (MCD) has classified all colonies in 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 determined based on these categories. The most lucrative colonies, those under Categories A and B, are mostly located in South Delhi.
Around 3,704 plots are available in the 13 Category A colonies, with sizes ranging from 200 sq. yd to 1,200 sq. yd. Approximately 12,720 plots are available in the 27 Category B colonies, with sizes ranging from 125 sq. yd to 1,750 sq. yd, according to the data.
Category A and B colonies include Mayfair Garden, Panchsheel Park (N, S, and E Blocks), Sadhna Enclave, Anand Niketan, Vasant Vihar, Shanti Niketan, Westend, Chanakyapuri, Golf Links, Jor Bagh, Sundar Nagar, Maharani Bagh, Chirag Enclave, Greater Kailash, Green Park, Gulmohar Park, and Niti Bagh, among others. These areas continue to attract significant interest from both investors and end-users, driving the real estate market in South Delhi.
Frequently Asked Questions
What is the current value of the plot in Vasant Vihar?
The 1,280-square yard plot in Vasant Vihar was recently resold for Rs 113 crore.
Why did the plot's value increase so significantly?
The plot's value increased due to high demand and limited inventory in South Delhi, particularly in Vasant Vihar.
What are the most lucrative colonies in South Delhi?
The most lucrative colonies in South Delhi are those under Categories A and B, including Mayfair Garden, Panchsheel Park, and Vasant Vihar.
How does the Municipal Corporation of Delhi classify colonies?
The MCD classifies colonies into eight categories—A, B, C, D, E, F, G, and H, with Categories A and B being the most lucrative.
What factors determine property tax rates and stamp duty charges?
Circle rates, property tax rates, and stamp duty charges for property registration are determined based on the colony's category as classified by the MCD.
Related News Articles
Stuck in Limbo: Will Homebuyers Ever Get Their Dream Homes?
Thousands of homebuyers are still waiting to receive their apartments from stressed real estate projects. Despite the boom in the sector, resolution and execution remain the biggest roadblocks.
Vida Realty: A New Chapter in Sustainable and Innovative Real Estate
Vida Realty, the rebranded Roha Realty, is set to transform the real estate landscape in Mumbai with a focus on sustainability, innovation, and customer satisfaction. Key projects in Jogeshwari, Byculla, and Chembur are slated for FY 24-25, marking the be
From Rs. 60,000 to Millions: Unnath Reddy's Journey with Fracspace
Fracspace, founded by Unnath Reddy, has grown from a small investment to manage over 23 properties. The startup focuses on co-ownership models, making expensive properties affordable for middle-class families. Unnath’s strategic approach involves expandin
Housing Prices in MMR See Steady Rise as Demand Surges - Urban Acres
India’s residential real estate market continues to thrive, with housing prices across the top eight cities increasing by 11% year-on-year (YoY) during Q3 2024. The Mumbai Metropolitan Region (MMR) is no exception, witnessing a robust upward trend in prop
Aaditya Thackeray Criticizes Maharashtra Government's MoUs Signed in Davos
Aaditya Thackeray, a prominent political figure, has criticized the Maharashtra government for signing a majority of Memorandums of Understanding (MoUs) with Indian companies, particularly in the real estate sector, during the World Economic Forum in Davo
Pune: Dreams Per Square Feet Unveils April–June 2025 Edition, Highlighting India's Real Estate Boom
This issue of Dreams Per Square Feet offers a comprehensive look at India's rapidly evolving real estate market, with expert insights, industry trends, and research-based analysis.