Money Matters: In South Delhi, Buying a Single Floor Could Cost Up to ₹53 Crore

South Delhi has long been known as the enclave of the wealthy, with residential colonies laid out shortly after India’s independence. At that time, multi-story apartments were virtually nonexistent, and plots ranging from 200 to 500 square meters were allotted for independent homes. Many of these houses have now become decades-old, prompting a new trend: redevelopment. Homeowners are tearing down old houses and building new independent floors, often priced higher than premium apartments in Delhi NCR.

Independent Floors in High Demand
The property market in South Delhi is heating up as redevelopment projects gain momentum. According to a recent report by Golden Growth Fund (GGF), independent floors in South Delhi have appreciated 12–17% this year alone, reflecting surging demand. The trend is boosting property values as well as rental rates across the region.

Skyrocketing Prices
Prime South Delhi colonies such as Chanakyapuri, Golf Links, Shanti Niketan, Jor Bagh, Anand Niketan, Panchsheel, and Vasant Vihar have seen independent floor prices rise sharply. A 2,500 sq ft floor, which cost ₹10–19 crore in July–September 2024, is now priced at ₹11–23 crore. Larger floors measuring 6,000 sq ft have climbed from ₹19–45 crore to ₹22–53 crore during the same period.

In Category B colonies, including Gulmohar Park, Anand Lok, Defence Colony, Niti Bagh, Chirag Enclave, and Greater Kailash, prices have also surged. A 2,500 sq ft floor now costs ₹8–11 crore, up from ₹7–10 crore, while a 3,200 sq ft floor has increased to ₹13–18 crore from ₹11–16 crore in 2024.

South Delhi Leads NCR in Property Growth
Ankur Jalan, CEO of Golden Growth Fund, notes that South Delhi’s independent floor market is outpacing the entire NCR region. “Local residents are monetizing land or redeveloping properties to increase both capital value and rental income. Demand exceeds supply, and this trend is expected to continue. Redevelopment leveraging Floor Space Index (FSI) allows for more efficient layouts, enhanced amenities, and modern lifestyle features, boosting average rents by 20–30%,” he explained.

The Takeaway
As redevelopment reshapes South Delhi, the market for independent floors is reaching unprecedented heights, making ownership in the city’s posh colonies a luxury that commands crores of rupees—sometimes as much as ₹53 crore for a single floor.

If you want, I can also create a punchy front-page version that emphasizes the sky-high prices and the exclusivity of South Delhi for ultra-rich buyers. This would make it more eye-catching for readers. Do you want me to do that?

South Delhi has long been known as the enclave of the wealthy, with residential colonies laid out shortly after India’s independence. At that time, multi-story apartments were virtually nonexistent, and plots ranging from 200 to 500 square meters were allotted for independent homes. Many of these houses have now become decades-old, prompting a new trend: redevelopment. Homeowners are tearing down old houses and building new independent floors, often priced higher than premium apartments in Delhi NCR.

Independent Floors in High Demand
The property market in South Delhi is heating up as redevelopment projects gain momentum. According to a recent report by Golden Growth Fund (GGF), independent floors in South Delhi have appreciated 12–17% this year alone, reflecting surging demand. The trend is boosting property values as well as rental rates across the region.

Skyrocketing Prices
Prime South Delhi colonies such as Chanakyapuri, Golf Links, Shanti Niketan, Jor Bagh, Anand Niketan, Panchsheel, and Vasant Vihar have seen independent floor prices rise sharply. A 2,500 sq ft floor, which cost ₹10–19 crore in July–September 2024, is now priced at ₹11–23 crore. Larger floors measuring 6,000 sq ft have climbed from ₹19–45 crore to ₹22–53 crore during the same period.

In Category B colonies, including Gulmohar Park, Anand Lok, Defence Colony, Niti Bagh, Chirag Enclave, and Greater Kailash, prices have also surged. A 2,500 sq ft floor now costs ₹8–11 crore, up from ₹7–10 crore, while a 3,200 sq ft floor has increased to ₹13–18 crore from ₹11–16 crore in 2024.

South Delhi Leads NCR in Property Growth
Ankur Jalan, CEO of Golden Growth Fund, notes that South Delhi’s independent floor market is outpacing the entire NCR region. “Local residents are monetizing land or redeveloping properties to increase both capital value and rental income. Demand exceeds supply, and this trend is expected to continue. Redevelopment leveraging Floor Space Index (FSI) allows for more efficient layouts, enhanced amenities, and modern lifestyle features, boosting average rents by 20–30%,” he explained.

The Takeaway
As redevelopment reshapes South Delhi, the market for independent floors is reaching unprecedented heights, making ownership in the city’s posh colonies a luxury that commands crores of rupees—sometimes as much as ₹53 crore for a single floor.

If you want, I can also create a punchy front-page version that emphasizes the sky-high prices and the exclusivity of South Delhi for ultra-rich buyers. This would make it more eye-catching for readers. Do you want me to do that?

Money Matters: In South Delhi, Buying a Single Floor Could Cost Up to ₹53 Crore
Authored By: Shishir Chaurasia | Navbharat Times • 15 Nov 2025, 11:58 AM

South Delhi has long been known as the enclave of the wealthy, with residential colonies laid out shortly after India’s independence. At that time, multi-story apartments were virtually nonexistent, and plots ranging from 200 to 500 square meters were allotted for independent homes. Many of these houses have now become decades-old, prompting a new trend: redevelopment. Homeowners are tearing down old houses and building new independent floors, often priced higher than premium apartments in Delhi NCR.

Independent Floors in High Demand
The property market in South Delhi is heating up as redevelopment projects gain momentum. According to a recent report by Golden Growth Fund (GGF), independent floors in South Delhi have appreciated 12–17% this year alone, reflecting surging demand. The trend is boosting property values as well as rental rates across the region.

Skyrocketing Prices
Prime South Delhi colonies such as Chanakyapuri, Golf Links, Shanti Niketan, Jor Bagh, Anand Niketan, Panchsheel, and Vasant Vihar have seen independent floor prices rise sharply. A 2,500 sq ft floor, which cost ₹10–19 crore in July–September 2024, is now priced at ₹11–23 crore. Larger floors measuring 6,000 sq ft have climbed from ₹19–45 crore to ₹22–53 crore during the same period.

In Category B colonies, including Gulmohar Park, Anand Lok, Defence Colony, Niti Bagh, Chirag Enclave, and Greater Kailash, prices have also surged. A 2,500 sq ft floor now costs ₹8–11 crore, up from ₹7–10 crore, while a 3,200 sq ft floor has increased to ₹13–18 crore from ₹11–16 crore in 2024.

South Delhi Leads NCR in Property Growth
Ankur Jalan, CEO of Golden Growth Fund, notes that South Delhi’s independent floor market is outpacing the entire NCR region. “Local residents are monetizing land or redeveloping properties to increase both capital value and rental income. Demand exceeds supply, and this trend is expected to continue. Redevelopment leveraging Floor Space Index (FSI) allows for more efficient layouts, enhanced amenities, and modern lifestyle features, boosting average rents by 20–30%,” he explained.

The Takeaway
As redevelopment reshapes South Delhi, the market for independent floors is reaching unprecedented heights, making ownership in the city’s posh colonies a luxury that commands crores of rupees—sometimes as much as ₹53 crore for a single floor.