South Delhi’s Luxury Floor Market Surges as Prices Rise Up to 34% in 2025: Golden Growth Fund

A 3200 sq. ft. floor in Category B colony witnesses 22% price growth in 2025 while a 2500 sq. ft. floor in Category A colony sees 34% growth

New Delhi | Feb 16: South Delhi continues to witness heightened demand for property with price of independent luxury floors rising by up to 34% YoY in 2025, according to a report by Golden Growth Fund (GGF), a Category-II real estate-focussed Alternative Investment Fund (AIF).

Amidst the slowing growth in prices in NCR cities, the affluent class continues to tap the South Delhi market and local residents opt for redevelopment over relocation with lifestyle amenities and security features.

According to the report, the price of independent floors rose between 25-34% in Category-A South Delhi colonies. Some of the Category A colonies are Chanakyapuri, Golf Links, Jor Bagh, Shanti Niketan, Vasant Vihar, Anand Niketan, Panchsheel, etc.

For a 2500 sq. ft. floor in Category A colony, the price has risen from Rs 10-19 crore in 2024 to Rs 14-25 crore in 2025. Similarly for a 6000 sq. ft. floor, the price has risen from Rs 19-45 crore in 2024 to Rs 25-55 crore in 2025.

The report further stated that the price of independent floors in Category-B South Delhi colonies rose between 22-26%. Some of the Category B colonies are Gulmohar Park, Anand Lok, Defence Colony, Neeti Bagh, Chirag Enclave, Greater Kailash, etc.

For a 2500 sq. ft. floor, the price has risen from Rs 7-10 crore in 2024 to Rs 9-12.5 crore in 2025. Similarly, for a 3200 sq. ft. floor, the prices have risen from Rs 11-16 crore in 2024 to Rs 14-19 crore in 2025.

Ankur Jalan, CEO, Golden Growth Fund (GGF) said, “The persistent low-supply and high-demand dynamics in South Delhi continue to drive strong price appreciation for independent floors. This trend is being reinforced by local landowners increasingly opting for redevelopment to unlock higher capital values, improve rental yields and accommodate evolving family requirements. Improved utilisation of permissible FSI has enabled larger, better-designed homes with modern amenities, further enhancing buyer appeal.”

 

Average Price of Floors – South Delhi (₹ Cr)

Category | Floor Size (sq ft) | 2024 Avg | 2025 Avg | YoY % | 2024 Range | 2025 Range

Category A | 2500 | 14.5 | 19.5 | 34% | 10–19 | 14–25

Category A | 6000 | 32 | 40 | 25% | 19–45 | 25–55

Category B | 2500 | 8.5 | 10.75 | 26% | 7–10 | 9–12.5

Category B | 3200 | 13.5 | 16.5 | 22% | 11–16 | 14–19

Source: Golden Growth Fund (GGF)

Price range indicates floor-wise and colony-wise pricing.

 

The Municipal Corporation of Delhi (MCD) has divided all colonies of Delhi into 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.

Categories A and B are the most exclusive locations, situated in South Delhi.

 Jalan further added, “The steady migration of affluent households from other parts of Delhi towards South Delhi – driven by its superior social infrastructure, iconic value and lifestyle offering – has significantly boosted demand. Limited availability of land, preference for low-density living, security and the growing appeal of floor-wise ownership have together sustained pricing momentum.”

The redevelopment potential across South Delhi colonies is worth over Rs 6 lakh crores.