Despite the geopolitical tensions and slowing real estate demand across India’s top cities, South Delhi continued to outperform with average price of luxury independent floors rising between 6-21% YoY in April-June quarter of 2026, according to a report by Golden Growth Fund, a category II real estate focussed Alternative Investment Fund.
Category A colonies saw 20-21% growth with 2500 sq. ft. floors witnessing a rise of 21%, from Rs 16-22 crore in Q2 2025 to Rs 18-28 crore in Q2 2026. Similarly, the price of 6000 sq. ft. floor recorded 20% YoY growth from Rs 36-45 crore to Rs 41-56 crore.
Some of the category A colonies are Mayfair Garden, Panchsheel Park, Anand Niketan, Vasant Vihar, Shanti Niketan, Westend, Chanakyapuri, Golf Links, Jor Bagh, Sundar Nagar, Maharani Bagh etc.
Similarly, in Category B colonies, price of a 2500 sq. ft. floor rose from Rs 8.5-11 crore in Q2 2025 to Rs 9-12.5 crore in Q2, 2026, recording a growth of 10% YoY. The price of 3200 sq. ft. floor rose by 6% YoY.
Some of the Category B colonies are Chirag enclave, Anand Lok, GK, Green Park, Gulmohar Park, Niti Bagh, Defence Colony, Safdarjung Enclave, Kailash Colony etc.
Ankur Jalan, CEO, Golden Growth Fund said “South Delhi’s residential market continues to demonstrate strong structural resilience, with floor prices rising by up to 21% YoY, reflecting the sustained demand amidst low supply. Premiumisation, redevelopment and increasing demand from HNIs and NRIs are supporting this momentum. With landowners increasingly opting for redevelopment and buyers seeking larger, better-designed homes in established locations, South Delhi is emerging as a strong market with long-term value potential.”
Jalan further added that the geopolitical tension in West Asia is prompting NRIs and HNIs to increasingly shift their investment from Middle East into the South Delhi real estate market to maintain safety of their investment while continuing to benefit from the continued rise in capital value and high rental potential.
*Price range is to indicate floor-wise and colony-wise pricing
The Municipal Corporation of Delhi (MCD) has divided all colonies of Delhi under eight categories – A, B, C, D, E, F, G & H. Circle rates, Property Tax rates and Stamp Duty charges for Property Registration are based on these categories.
Approximately 18,500 plots are available across the 42 Cat A and B colonies in South Delhi. The redevelopment potential of these colonies stands at Rs 6.5 lakh crore presenting a huge opportunity for project development.
South Delhi’s luxury residential market is expected to maintain its growth momentum as limited land availability, redevelopment opportunities and demand for larger homes continue to support prices. Increasing interest from HNIs and NRIs could further strengthen the market, while the redevelopment potential across Category A and B colonies may create new opportunities for developers and investors.
