I was born and brought up in Delhi, and now I am in the real estate business here. Since my childhood, I have seen land rates in Delhi increase rapidly with the growth of government projects and the IT sector. On average, the price per square feet starts from around Rs. 14,607 and goes up to Rs. 55,000. Let me share the highest property rate in Delhi so you can get a better idea.
Which is the Most Costly Area in Delhi?
Area | Per Square Feet Rate |
Panchsheel Enclave | Rs. 45,000 to Rs. 55,000 |
Gulmohar Park | Rs. 27,500 to Rs. 45,000 |
Shanti Niketan | Rs. 34,050 to Rs. 45,000 |
Green Park | Rs. 25,000 to Rs. 30,000 |
Vasant Vihar | Rs. 21,100 to Rs. 27,000 |
New Friends | Rs. 19,800 to Rs. 25,000 |
I hope you now have a clear idea about the most expensive areas in Delhi.
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I have been living in Delhi for eight years and I can say the property rates keep fluctuating yearly, depending on the location, resale value, infrastructure, and urbanisation. As of now, Jor Bagh has the highest property rate in Delhi, with a starting price of Rs. 70,238 per square feet. There are a few more areas in Delhi with competitive prices. I live in Green Park and the average price here starts from Rs. 1.2 crores.
Which are the Expensive Localities in Delhi?
South Delhi has the most expensive and posh areas with property prices ranging from Rs. 30 lakhs to Rs. 78 crores. Based on my knowledge, I am sharing a list of some top areas with their current prices per square feet.
Locality | Price per sq ft. |
Shantiniketan | Rs. 42,740 |
Gulmohar Park | Rs. 25,329 |
Hauz Khas | Rs. 21,965 |
Safdarjung | Rs. 21,158 |
Panchsheel Enclave | Rs. 22,730 |
Green Park | Rs. 21,988 |
Greater Kailash | Rs. 20,413 |
Jangpura Extension | Rs.18,482 |
Golf Links | Rs. 93,746 |
These are some estimated prices which may differ on several factors. As suggested by Manav as well, to get detailed property prices, I’d suggest you go through some genuine real-estate platforms like NoBroker. You can choose your desired location and explore projects that suit your requirements.
If you’re planning to invest in a residential property in Delhi, consider reading this as well:
What to Check Before Buying a House?I hope this helps.
Check Out Verified Properties on Sale in Delhi via NoBroker
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Being a citizen of Delhi, I am well aware of which place has the highest property rate in Delhi. Currently, as far as I am aware, property rates on Prithviraj Road are the highest. The price trend there is between Rs 38,095 to Rs 3,00,000 sq ft. I have the price list for more localities in Delhi so you can take a look at them here.
What are the Highest Property Rates in the Different Areas of Delhi?
The highest property rates in the different areas of Delhi are as follows:
Area |
Price Trend per sq ft |
Jor Bagh |
Rs 4,444 to Rs 68,571 |
Defence Colony |
Rs 22,600 to Rs 35,300 |
Model Town |
Rs 9,300 to Rs 15,500 |
New Friends Colony |
Rs 22,82 to Rs 50,401 |
Panchsheel Park |
Rs 13,129 to Rs 56,603 |
You can also check the property rates on the
NoBroker app. It will help you
Find properties in your desired locale in Delhi
Choose the price range
Select the type of property
Provide you with the amenity list
Provide with Owner contact details as well
Hope my comment was helpful.
Check out the Property Rates in Different Localities of Delhi on NoBrokerRead More:
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2024-06-28T15:19:38+00:00 2024-06-28T21:05:47+00:00Comment
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