Tuesday, May 12News That Matters

South Delhi’s luxury floor price rises by up to 32% in Q1 2026: Golden Growth Fund.

  Cat-B colonies outperform Cat-A in price growth

New Delhi, May 12, 2026: Defying the slowdown in broader real estate market across India amidst the West Asia conflict and the residual decline from past year, South Delhi continued to outperform with up to 32% growth in price of luxury floors in the first quarter of 2026, according to a report by Golden Growth Fund (GGF).

The report highlights that Category B colonies outperformed Category A colonies in price growth in Q1 2026 with the former growing between 23-32% as against 14-22% in the latter.

In value terms, however, price of floors in category A ranges between Rs 19.5 crore to Rs 40 crore while that in Category B colonies range between Rs 10.65 crore to Rs 16.5 crore.

Ankur Jalan, CEO, Golden Growth Fund said, “Category B colonies have witnessed stronger price appreciation this quarter, reflecting the growing depth of demand in South Delhi’s premium housing market. South Delhi is far from being a uniform market, with pricing varying significantly across colonies and micro-markets. We are also seeing increasing migration of buyers from other parts of Delhi towards these locations. Given the persistent high-demand and limited-supply dynamics, price growth is expected to remain resilient and relatively insulated from external market fluctuations. In fact, any broader slowdown across NCR could further strengthen buyer interest in trophy assets within South Delhi.”

South Delhi Floor Market – January-March 2026

Colony Category Floor Size Q1 (Jan-March) 2026 (Rs cr)Q1 (Jan-March) 2026 (Rs cr)Q1 (Jan-March) 2025 (Rs cr)Q1 (Jan-March) 2025 (Rs cr)AVERAGE
YoY change
(sq. ft.)PRICE RANGEAVERAGEPRICE RANGEAVERAGE
Category A250014-2519.513-191622%
600025-554030-403514%
Category B25009-12.510.757.5-108.7523%
320014-1916.510-1512.532%
Source: Golden Growth Fund (GGF)
*Price range is to indicate floor-wise and colony-wise pricing

The price for a 2500 sq. ft. floor in Category A colonies ranges between Rs 14-25 crore with average price rising 22% YoY. Similarly, for a 6000 sq. ft. floor, price ranges between Rs 25-55 crore with average price rising 14% YoY.

For Category B colonies, the price for a 2500 sq. ft. floor ranges between Rs 9-12.5 crore with average price rising 23% YoY. Similarly, the price for a 3200 sq. ft. floor ranges between Rs 14-19 crore with average price rising 32% YoY.

Jalan further added: “The ongoing conflict in West Asia is creating short-term uncertainty globally, but premium residential markets like South Delhi could still emerge as beneficiaries of capital reallocation over the medium term. Wealthy Indian families and NRIs may prefer to invest in established luxury markets like South Delhi.”

Some of the category A colonies are Mayfair Garden, Panchsheel Park, Anand Niketan, Vasant Vihar, Shanti Niketan, Westend, Chankyapuri, Golf Links, Jor Bagh, Sundar Nagar, Maharani Bagh etc.

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.

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.

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.