Independent floor prices in South Delhi surged by up to 17% in Q3 2025 amid a wave of redevelopment activity, rising demand for luxury homes, and renewed buyer confidence, according to a new report by Golden Growth Fund (GGF), a Category-II real estate–focused AIF.

The report shows that average prices in Category A colonies climbed 17% year-on-year, while Category B localities saw a 12–15% rise, underscoring South Delhi’s status as one of the country’s most resilient and premium residential markets.

Some of the Category A colonies are Chanakyapuri, Golf Links, Jor Bagh, Shanti Niketan, Vasant Vihar, Anand Niketan, Panchsheel, etc.

The average price of a 2500 sq. ft. floor in Category A colony has risen from Rs 10-19 crore in July-September 2024 to Rs 11-23 crore in July-September 2025. For floors sized 6000 sq. ft., the average price has risen from Rs 19-45 crore in Q3 2024 to Rs 22-53 crore in Q3 2025.

The report further stated that in Category B colonies, the average price of floors has risen between 12% and 15% YoY. 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 average price has risen from Rs 7-10 crore in Q3 2024 to Rs 8-11 crore in Q3 2025. Similarly, for a 3200 sq. ft. floor, the price has risen from Rs 11-16 crore in Q3 2024 to Rs 13-18 crore in Q3 2025.

Ankur Jalan, CEO, Golden Growth Fund, said: “The average price growth of floors in South Delhi continues to beat NCR despite this market offering high-value products. This is primarily due to local inhabitants either looking to monetise their land or redeveloping it to lift the capital value and rental income. Besides, this market, like global metropolises, sees higher demand than supply, a trend that will be maintained going forward.

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

Jalan added, “As FSI utilisation improves with redevelopment, more usable area, amenities and lifestyle features are incorporated in the design in order to cater to the new-age occupants. As a result, the average rentals also rise by 20-30%.”

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.

“South Delhi scores over other micro markets in factors like consistent demand, reliable and safe investment, good return on investment, robust infrastructure and connectivity to employment and entertainment hubs, Jalan said.

About Golden Growth Fund (GGF): Golden Growth Fund is a category II Real Estate focussed Alternative Investment Fund (AIF), a unique financial vehicle specifically designed for real estate investments in South & Lutyens’ Delhi, India’s poshest colonies.

GGF pools capital from multiple investors to acquire a diversified portfolio of real estate assets minimizing risks while maximizing potential returns. With a much shorter gestation period of 1.5 years, it allows investors to participate in the upscale and affluent neighbourhood with thriving commercial hubs, robust amenities and infrastructure of South and Lutyens’ Delhi.

The professional management drives strategic planning and market insights, resulting in consistent income generation and long-term capital appreciation while the regulatory oversight by SEBI ensures security of investment, transparency, compliance and accountability.