Greater Kailash 2 – as everybody knows that a posh residential neighborhood of South Delhi and a favorite destination for many well-known politicians, actors, businessmen etc. This micro market of real estate Delhi is surrounded by Lajpat Nagar (shopping destinations for youngsters & housewives etc.) Okhla (well known for its commercial & industrial setups), Panchsheel park and Nehru Place (a well known retail & wholesale market for hardware & software) proximity from all these locations gains the importance of Greater Kailash Residential Properties.
Actually a few years ago the development of Greater Kailash 1 was lead to the extension and today we that extension by the name of GK-II. This location has excellent accessibility from the outer ring road and operational metro stations. A market is an important place for any residential community and at here M Block Market which is very famous in all over Delhi for its family restaurants, saloon, spa, bakery, retail stores, and many other lifestyle accessories.
If we talk about real estate scenario – there is a good supply of high rise apartments, builder floor apartments and independent homes particularly targeting the HNIs. Capital values of residential properties have witnessed a growth of 15 - 20% in the past one year. Rental income at here too has documented a good return and has witnessed an appreciation of 25% in the past 2-3 years. Today a home in GK II can make a very good rental making the realty market positive for the real estate investors.