South Delhi luxury floor prices up 6-21% in Q2 2026 on redevelopment, HNI-NRI demand, limited supply
By Bricksnwall | 2026-08-12
South Delhi realty: Report says average price
of 6000 sq ft floor in Category A colony touches around ₹50 crore on limited
supply in Q2 2026.
A research by Golden Growth Fund, a Category
II real estate-focused Alternative Investment Fund said premiumisation,
redevelopment and increased demand from HNIs and NRIs are boosting the
momentum.
Category A colonies grew 20-21% with 2500 sq.
ft. floors growing 21% from ₹16-22 crore in Q2 2025 to ₹18-28 crore in Q2 2026.
Similarly, the price of 6000 sq. ft. floor has shown 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.
Also, the price of 2500 sq. ft. floor in
Category B colonies increased from ₹8.5-11 crore in Q2 2025 to ₹9-12.5 crore in
Q2 2026, registering 10% YoY growth. It said pricing of a 3200 sq. ft. floor
increased by 6% YoY.
Some of the colonies coming under Category B
include Chirag Enclave, Anand Lok, GK, Green Park, Gulmohar Park, Niti Bagh,
Defense Colony, Safdurjung Enclave, Kailash Colony, etc.
“Residential market in South Delhi continues
to exhibit strong structural resilience with floor prices rising up to 21% YoY
indicating sustained demand amid low supply. Premiumisation, redevelopment and
increased demand from HNIs and NRIs have helped this trend. “South Delhi is an
emerging strong market with long term value potential. With land owners
increasingly looking for redevelopment and buyers looking for bigger and better
designed homes in established locations,” said Ankur Jalan, CEO, Golden Growth
Fund.
“The geopolitical tension in West Asia is
prompting NRIs and HNIs to increasingly shift their investment from the Middle
East to 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,” said Jalan.
South Delhi Property Market
Municipal Corporation of Delhi (MCD) has
classified all colonies of Delhi into eight categories - A, B, C, D, E, F, G
and H. The Circle rates, Property Tax rates and Stamp Duty payments for
Property Registration are based on these classifications.
There are 42 colonies of Cat A and B in South
Delhi with approximately 18,500 plots. These colonies have a redevelopment
potential of ₹6.5 lakh crore, which is a big opportunity for project
development.
Golden Growth Fund is an Alternative
Investment Fund (AIF) of Category II focusing on Real Estate for investments in
South & Lutyens’ Delhi. GGF pools capital from a range of investors to
acquire a diversified portfolio of real estate assets, minimizing risk and
maximizing possible rewards.
Source: Hindustan Times
