Realty hot spot series: Want premium home in NCR? Don't go further South than this South Delhi locality

In this week’ Realty Hot Spot Series, we take a look at a premium neighbourhood in South Delhi known for its high-end residential and popular retail destinations – Greater Kailash (GK). It is well-connected through the Outer Ring Road, Lala Lajpat Rai Road, Inner Ring Road as well as the Metro’s Magenta and Violet lines.

You will find luxurious bungalows, independent houses and builder floors in GK. Properties here range between Rs 10,900 per sq. ft and Rs 26,000 per sq. ft. A 2-BHK (1,230 sp. ft) costs an average of Rs 1.66 crore; a 3-BHK (1,730 sp. ft) costs Rs 3.06 crore on average, and a 4-BHK (2,840 sq. ft) Rs 5.51 crore. Here are other draws that make this area our realty hot spot of the week.

Highlights

• Premium neighbourhood in South Delhi known for high-end residential and popular retail destinations
• Greater Kailash comprises luxurious bungalows, independent houses and builder floors
• Key infrastructure includes Summer Fields School, DPS, LSR College, Phoenix Hospitals, Fortis C-Doc Hospital, etc.
• Popular M and N-Block markets offer a mix of premium retail stores and high-end eateries
• Well-connected through Outer Ring Rd, Lala Lajpat Rai Rd, Inner Ring Rd as well as Magenta & Violet Metro Lines

Locality snapshot
Schools: 20+
Hospitals: 8+
Restaurants: 20+
Banks: 10+
Grocery Stores: 20+
Petrol Pumps: 8+

Supply by BHK

Consumer preference by budget segment (Rs)

Consumer preference by covered area (sq ft)

(Source: Magicbricks)