Posh Area in Delhi: Check Out The Sterling Locations Of Capital City
Among the well-developed places in India, Delhi, the capital of India, counts on the top. Being the capital it has some remarkable spots. The city is famous for its embassies, 5-star hotels, delicious cuisines, historic monuments, and high-end malls. This is the place where you can find homes of some Bollywood celebrities, cricketers, top-notch politicians, bureaucrats, and more high-end personalities living in the beautiful city.
It appears that the architecture of Delhi is a blend of ancient and modern architecture, and is still developing endlessly. With the aerial view, the whole city looks jaw-dropping. The city's skyscrapers and bungalows, along with its posh neighborhoods, make it an attractive investment location.
Are y'all ready for the tour to the most expensive locations of Delhi?
Let's get so pumped for the good things coming ahead. Get excited to explore the outstanding locations of Delhi...
Golf Links
Sharing the proximity to Delhi Golf Course, the name Golf Links has been kept accordingly. Well, it is one of the most exclusive areas in India, not just in Delhi! It is one of the poshest residential localities in Delhi part of the Lutyens Bungalow Zone. The location is with specific guidelines of having 2 or 2 and a half storey villa and bungalow without a basement. A lot of greenery is found here making the whole aura eco-friendly. Golf Links lies between Subramaniam Bharti Marg, Rajesh Pilot Marg, and Lodhi Road. From here you can easily reach Khan Market, Lodhi Estate, and Humayun's tomb. This connectivity is made easy with Delhi metro Network.
Can you imagine how lavish it feels to live here? It is beyond your imagination. When it comes to luxurious living in this area then the Paytm founder Vijay Shekhar Sharma also bought an Rs 82 Crore residential property in Golf Links. The average price of properties in Golf Links is 26.45 crore whereas the rental rates of properties lie in 1lac to 10lac.
Shanti Niketan
When it comes to Delhi’s elite homes then this is the area to look for. You will find all the leading city’s industrialists over here. This place has some independent villas and apartments from where rents start from 50,000 Rs to 10 lakh Rs. It is one of the most sought-after locations where you can find prominent homes. It is a very strategic location where you will find the elite group of people living and the luxury homes providing a classy living. The embassy district in Shantipath, DLF Promenade, DLF Emporio, Delhi Public School (RK Puram), and DU South Campus comes into the vicinity.
Property prices start from 8,000 rupees and can go up to 99,000 rupees / square foot. The monthly rent can start from Rs 45,000 and go up to Rs 6.3 lakh depending on the exact location and size.
Jor Bagh
This location is close to Safdarjung’s tomb and Jor Bagh Metro Station and is one of the posh areas of Delhi. It is a very convenient location that falls in the vicinity of the enhanced lifestyle features making Jor Bagh a good fit in Delhi’s expensive areas to live. Redevelopments are always on in this location. It has lots of greenery in its surroundings making it more amazing to live in. Sonam Kapoor’s husband Anand Ahuja home and human resource development minister Kapil Sibal is also having a property here. The prominent places like Safdarjung Tomb, Race Course, Prime Minister Estate, Safdarjung Airport, etc. add more importance to it.
Here you will find an array of luxurious properties that will start from Rs 13 crores and may even go up to Rs 78 crores. Well, when the location is amazing and has the property of such a high-end price then it is obvious to have a high rental price of Rs. 35,000 and can go to Rs 10 lakhs.
Lutyens Bungalow Zone/Prithviraj Road
One of the luxurious districts located in the heart of the capital is Prithviraj Road. This location has the homes that are the tallest in the capital with the beautiful streets covered with an abundance of greenery. Without any perplexity, it is one of the posh areas of Delhi having its smooth connectivity with Lodhi Gardens, Delhi Golf Course, Race Course, and Safdarjung Tomb. If you want to lead a lavish living then this is the perfect option for you. Lodhi Gardens, Safdarjung Tomb, Old Fort, India Gate, Claridge Hotel, and Shangri-La Hotel are the noteworthy hotels here.
This area has so many famous personalities home-like Atul Punj- President of Punj Lloyd Group, Renuka Talwar- daughter of DLF President KP Singh, and Bollywood actress Sonam Kapoor and her husband Anand Ahuja with an abundance of greenery around. This area is needless of any description as it is the poshest area of Delhi and is considered the most expensive land parcel in India. It is the place for top-ranking politicians and business tycoons. Santushti Complex and Khan Market are the prominent shopping centers on this road. These are costly but surely one to explore that will give you so many eye-catching options.
Price range / square ft. on Prithviraj Road start from Rs 38,095 / sq ft and can go up to Rs 3,00,000 / sq ft. Here monthly rent for 3 BHK is around Rs 2 lakh per month.
Greater Kailash
If you are looking for high-end living in Delhi then there is no better location than South Delhi. Greater Kailash is one of the posh areas of Delhi where class and elegance are found everywhere. GK I and GK II are the two sub-districts of the area that fulfills the purpose of the home. It is a home for several high-class homes and personalities. This location is perfect for the home seekers who are looking for homes that are larger, beautiful and have amenities at their fingertips. Leading markets over here: M Block Market is one of the famous commercial markets where you can relax and enjoy amazing cafes, lounges, and salons.
The price range / sq ft in Greater Kailash starts from Rs 4,444 / sq ft and can go as high as Rs 68,571 / sq ft. The location serves luxuries and this is the obvious reason for increasing rents. Here the rent starts from 8,000 and can go up to Rs 6 Lakh. Nehru Place, Lady Shri Ram College, Lotus Temple, Iskcon Temple, and many more are notable places.
Vasant Vihar
Being located near the Indira Gandhi International Airport the location automatically has enhanced value. Vasant Vihar is one posh location in Delhi that have many attractive features like a movie theatre, markets, restaurants, hangout places, top-notch campuses for education, and more civic features with a robust infrastructure. You can visit many prominent places over here including DLF Promenade, DLF Emporio, Ambience Mall, Delhi Public School (RK Puram), Uttara Swami Malai Temple, etc.
Price range / sq ft in Vasant Vihar start from 10,882 rupees / sq ft and can go up to 21,111 rupees / sq ft. Whereas the size of the property is the determining factor for the rents and here the rents usually start from 14,000Rs.
Gulmohar Park
Delhi Development Authority- DDA is responsible for the maintenance of this area. In the entire Delhi, is the most quietest and peaceful place to live where the whole environment is away from the hustle-bustle of the city with an abundance of greenery. It is a rich area serving home to some top-notch personalities, journalists, business tycoons, and more. With the plethora of shopping and hangout options over here, the ease increases with excellent connectivity.
Price range / sq ft in Gulmohar Park start from Rs 1,388 / sq ft and can go up to Rs 66,666 / sq ft. The monthly rent in Gulmohar Park depends on the size of the property. The monthly rent can start from Rs 16,000 and can go up to Rs 2.5 lakh.
Sundar Nagar
Centrally located in Delhi, Sundar Nagar is an uber-rich location fuelled by very limited availability and bringing more reasons why Delhi's ultra-rich people are spending crores of rupees on smaller houses. A flurry of real estate deals has been seen here. Here you will find homes more than 50 years old and they were not even cheap at that time. Imagine a home in 2021 was registered for Rs. 67 crores that is radiated over 867 sq. yards. Here you will find more industrialists and lawyers purchasing homes.
The Average price in this locality is Rs. 115340.0 per sqft. whereas the price range for rent of 3 BHK is Rs. 55,000 to 4 Lac. You can enjoy the National Zoological Park, Rajeev Service Station, Indraprastha Park, and more in the vicinity.
Mayfair garden
An eye-catching location of Delhi that is developed as a private residential colony in Hauz Khas dominated by the independent builder and residential floors providing more open living to the residents. This location is worth exploring and witnessing the luxurious real estate market. With the robust infrastructure and unhindered connectivity to all the leading commercial hubs, it becomes one of the most sought-after locations to lead a lavish lifestyle. Hauz Khas Complex and Siri Fort Auditorium are nearby this locations.
Here maximum properties mostly of 4BHK lie in the range above 35Cr whereas the properties on sale lie in between 5Cr to 16Cr whereas the property on rent is all above 1lac.
Green Park
Established in 1960, Green Park is a high-class locality in South Delhi. The ambiance around with everything prominent makes the location worth living. It is the highest green belt in the capital with rich flora and fauna- the name says it all. With the easy connectivity i.e. via ring road flyovers the location importance increases. You will find well-established homes here with big villas and bungalows. You can connect to Safdarjung Enclave, Nauroji Nagar Safdarjung Enclave, and Gulmohar Park easily.
Here approximately 64% of properties are above 10Cr in properties on sale starting from 7Cr. There are many properties on sale over here. Also if you want to live on rent then it is in between 1Lac.
Vasant Kunj
South Delhi is already considered best for leading a luxurious living with the lush green cover and the whole locality having richness. It is divided into different pockets. If you are looking for serene living with a peaceful environment then this is the right location to own a wonderful farmhouse. The prominent localities nearby also boost the location value that including Saket, Chhattarpur, Vasant Vihar, Malviya Nagar, Hauz Khas, and Qutub Institutional Area. Excellent infrastructure and green surroundings make this an affluent locality.
The property over here starts from 9Cr and usually it is between 9Cr to 11Cr. Approximately 11% of properties are on sale here pricing in between 2.2cr to 2.4cr whereas the properties on rent lie in the range of 40-50K.
Saket
It is a posh area where you will find a mix of commercial, residential, and retail spaces. It is good for everything and is considered premium. It has proximity to Sri Aurobindo Marg and Mehrauli Badarpur Road (MB Road). For Delhiites it is a prime location that serves luxuries with convenience. Here you can find premium malls where you can shop for top-notch brands like Select Citywalk, DLF South Court, and DLF Place. Rich people live over here mostly in independent homes. It is an upscale area with a mix of excellent infrastructure and connectivity.
Here you can own property above 9Cr while the properties on sale start from 5.2Cr whereas you can enjoy the rent of above 20K; these are for rooms, floors are of course way far costlier.
All of these locations are ultra-luxurious. Here you can find the high-end properties presenting lavish living. If you want to check some prominent options of luxury apartments in Delhi, you can check our blog on Top 10 Luxury Apartments in Delhi
Anand Lok
It is a unique location that is exclusively presenting fancy and happy living. It has so many distinctive features making it one of the elite localities of Delhi because of which it is preferred by many. The very first mall of Delhi- Ansal Plaza is also in this location and now it has huge houses owned by leading businessmen, NRIs, famous personalities, and more. It is basically a reflection of urban living hosting elegance and simplicity. With stirring luxury, Anand Lok is also known for prominent hospitals, shopping destinations, famous schools, and more.
The property price over here starts from 3Cr and properties on sale lie between whereas property on rent can be taken at 1.9Lac.
New Friends Colony
Looking for some elite crowd around? Go and get home to New Friends Colony. Here you can find the leading business tycoons and the location that impresses everyone. Some of the oldest residents of Delhi live here because of the goodness of this location. With robust infrastructure and greenery, this location completes the elite living. It has some densely populated areas like Okhla, Sukhdev Vihar, Jeewan Nagar, Ashram Chowk, Sri Niwaspuri, Ishwar Nagar, and Okhla Industrial Area. It is also well connected to some of the roads like CV Raman Marg, Gurudwara Road, and Western Avenue Road. Jamia Millia Islamia University is in the vicinity of the area.
The properties over here start from 6Cr whereas the rent of properties starts from 75K and can go up to 1L.
Hauz Khas
An affluent location that is well-established since medieval times. Its architecture presents the old charm of the location that also shows some of the refurbished markets. The nightlife of Hauz Khas is unbeatable and is famous in the country with energetic cafes, pubs, bars, art galleries, etc. The energy of this location is infectious that catches a whole lot of attention. With the live music and charm, this location is counted as one of the happening parts of the country. The average property price in Hauz Khas is 9.92Cr whereas starting from 3.6Cr.
Defense Colony
It is an ultra-premium locality i.e. known for the lavish living, with that this location is also famous for beautiful bakeries, cafes, and restaurants divided into 5 residential blocks. It is one of the wealthiest localities of Delhi. If you are fond of food then this is surely your location to enjoy huge varieties of cuisines. The whole location is surrounded by an abundance of greenery making it pleasing and relaxing for the residents. You can find all the leading luxury brands, numerous cuisines, high-end residential properties, and an uber-lavish lifestyle.
The property price over here starts from 4.6Cr and this is a commonly found price for 3BHK whereas the rent starts from 95K and can go up to lacs.
Panchsheel Enclave
A location serving you the best commuting in Delhi is Panchsheel Enclave. It is located on the main ring road covered in wide acres of greenery. Located on the outer ring road of Delhi, it is another expensive locality in Delhi whose each corner is flaunting its richness and lavishness. You can find prominent housing properties of varying sizes of 3 BHK to 5BHK offered at very attractive rates. The area holds Panchsheel Club offering numerous amenities like a garden terrace, cafeteria, senior citizens lounge, and more for relaxation and rejuvenation. Deer Park, Hauz Khas Fort, Siri Fort, Ansal Plaza, and many more are notable places.
This upscale area comes with several residential projects serving as home to many diplomats, retired politicians, bureaucrats, and other dignitaries with Rs 20,500 per sq ft is the average price per sq ft you will get here. An enclave of Panchsheel, Hauz Khas, Asian Games Village, and Malviya Nagar are the areas that have covered the Panchsheel Park from all four directions embracing it more. It is a very luxurious location providing serenity in living.
Price range / sq ft in Panchsheel Park start from 13,129 rupees / sq ft and can go up to 56,603 rupees / sq ft. Rents over here are suitable for many pockets starting the monthly rent at 11,000 rupees and can go up to 5 lakh rupees.
Amrita Shergill Marg
Amrita Shergill Marg is a billionaire's row presenting the abodes of super-rich people rightly in the heart of the capital. The whole area brings an eye-catching view with trees and high fences. BMW and Audi can be quite commonly seen at the fancy gates of the community. Here you will find the property that is surrounded by lush greenery and VVIP security. This area holds the residential properties of Goenka, Dabur, and DLF Group. Rajan Bharti Mittal who owns Airtel has property over here world Rs 156Cr. It is counted as one of the top 10 luxury apartments in Delhi stating its status and richness. Property prices over here are above 15Cr. Here the price is Rs 75,000 per Sq ft.
Model Town
Model Town is a high-end location that is counted in the top localities of India having its private lake- Naini Lake i.e. a famous tourist spot. It is a well-developed locality developed by DLF Group in the 1950s featuring some phenomenal bungalows and villas. It is a place to lead a lavish and comfortable living with mesmerizing features around. The area is surrounded by a prominent hub of education like Mukherjee Nagar and Delhi University. This place is home to top-notch government officials like Chief Electoral Commissioner and more. It is a prestigious location having top-notch schools, smooth connectivity, railway station, banks, and more providing robust infrastructure. Properties in Model town start from 2.40Cr and as of now, it has a maximum price of 15Cr.
Safdarjung Enclave
Get the class of living over here with the high-end amenities and this is the reason why you will find top-notch personalities over here. With the wide roads you get smooth connectivity and the best part is the easy access to leading hospitals, schools, colleges, markets, etc. It also serves some of the popular restaurants that attract a huge amount of crowd. The location is dominated by premium residential properties. From here you can enjoy easy access to three metro stations, Bhikaji Cama Place station (Pink Line), Green Park Station (Yellow Line), and R.K. Puram Metro Station (Magenta Line).
The properties over here start from 5Cr with a minimum of 3 BHK configurations and rent starting from 55K.
Chanakyapuri
When it comes to prime residential living then Chanakyapuri comes on the top count. It is a locality that features South Asian University (India's International University by SAARC nations). There are many more embassies located here making it a strategic location for the home-buyers. There are several localities around the location making it more beneficial for investment with the high-end villas, builder floors, and independent homes. You can connect to Sarojini Nagar, New Moti Bagh, Satya Niketan, Malcha, etc. easily from here.
Dwarka
The name has been derived from the legendary Dwaraka Kingdom and its location in South West Delhi. It shares the proximity to Gurgaon. The city is known as one of the largest residential areas in Asia. It is one of the posh areas of Delhi where you won’t find any misuse of land or illegal use of the property. It is well connected to several parts of the capital like Indira Gandhi International and Domestic Airports, borders the National Highway – 8, Najafgarh Road, Pankha Road, Outer Ring Road, and the Rewari Railway link. It is a very favored location for the middle-class population offering comfort and luxuries at an attractive price. The best part is the connectivity with most of the sectors via metro.
You can own the properties on sale for 1.4Cr and it can go to 3Cr whereas if you are looking for rent then it lies in between 25k to 30k.
Did You Know These Famous Peeps sleet From Delhi?
When it comes to Delhi then each industry has a gem in it belonging to Delhi. Be it entertainment, theater, academics, sports, comedy, and more. It has been a motherland to some well-established personalities like Ghalib, Pervez Musharraf, Khushwant Singh, Nandita Das, Chetan Bhagat, Virender Sehwag, Gautam Gambhir, etc. who have made their name in the world of billions.
Real Estate Prices in Expensive localities in Delhi
Locality |
Average per sq ft value
|
|
Jor Bagh |
Rs 70,234
|
|
Shanti Niketan |
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
|
|
Golf Links |
Rs 93,746
|
|
Jangpura Extension |
Rs 18,482
|
|
Saket |
Rs 19, 210
|
|
Anand Lok |
Rs 60, 933
|
|
Hauz Khas |
Rs 21, 022
|
|
Vasant Vihar |
Rs 34, 300
|
|
PrithviRaj Road |
Rs 59, 601
|
|
Sunder Nagar |
Rs 1, 64, 002
|
|
Vasant Kunj |
Rs 26, 596
|
|
Saket |
Rs 19, 210
|
|
New Friends Colony |
Rs 17, 202
|
|
Defence Colony |
Rs 61, 963
|
|
Panchsheel Enclave |
Rs 40, 295
|
There you go- Got cash? Get the absolute cream of the area and step into the splendid real estate.
Well, we have mentioned the average property prices, top-notch areas of the capital, and how we can stay behind with the out-of-the-box luxurious buys from the last year, I mean 2021? Let’s check a few of them.
Rajan Mittal buys Rs 85 crore property in Delhi's Shanti Niketan
The vice-chairman of Bharti Enterprises, Rajan Bharti Mittal, has purchased an eighty-five crore property at Delhi's Shanti Niketan for around 1,200 square yards, two people familiar with the deal said. As of September 9, four individuals sold their shares of the plot to Mittal, registering the deal. Located in the vicinity of consulates, Lutyens zones, the airport, and the major business districts, the property is spread over nearly 10,000 square feet and was purchased for 7.5 lakhs per square yard.
Jindal Group scion buys an apartment for Rs 21 crore in Delhi’s Jorbagh
Seema Jindal purchased an apartment in Delhi's posh Jourbagh area for Rs 21 crore. Jindal Group founder OP Jindal's daughter, Seema Jindal, has purchased a second-floor property covering an area of approximately 2600 square feet. These documents revealed that the property included terrace rights and three parking spots.
Dixon’s Vachani buys a bungalow in Lutyens’ Delhi for Rs 170 crore
A sprawling bungalow in Lutyens' Delhi belonging to Sunil Vachani, chairman and managing director of Dixon Technologies, has been purchased for around Rs 170 crore by the company's chairman and managing director, according to two people familiar with the deal. The deal has a price per square foot of Rs 1.5 lakh, making it one of the most expensive in recent history.
CONCLUSION
When it comes to posh areas of Delhi, I have mentioned many above. These are considered to be the top-notch locations of Delhi where you can lead an outstanding living availing maximum luxuries of life. Delhi is truly blessed with the best and this is the reason why you’ll find leading personalities over here. Planned townships, Builder Floors, Independent homes, Villas, Penthouse, etc. are in Delhi to let you experience the taste of luxury.
FAQs
Q. Who owns the costliest home in Delhi?
Ans. The most expensive property is owned by Renuka Talwar, daughter of DLF chairman and billionaire KP Singh. She owns a palatial bungalow on Prithviraj Road worth Rs 435 crore.
Q. Which are the costliest areas of Delhi?
Ans. Buying property in Delhi takes a huge amount of money and planning, but due to location benefits, people own prolific homes over here. There are some extremely costly areas over here with high-end prices like 50-85Crores. Shanti Niketan, Jor Bagh, Hauz Khas, Golf Links, etc.
Q. Why is South Delhi so popular among rich people?
Ans. South Delhi is considered to be the richest part of Delhi and there is a handful of luxurious housing segments. Top-notch businessmen, salaried professionals, journalists, lawyers, etc. stay here and it is popular because of the skyrocketing property prices, top-notch market, established neighborhood, greenery charm, and much more you need to explore from the front.
Q. Which is the biggest house in India?
Ans. Well, counted in the top 10 luxurious apartments of Delhi, Antilia, Mukesh Ambani's home is the biggest home with a 27-floor count.
Q. Is it a good time to invest in Delhi?
Ans. It is always a good time to invest in real estate and when it is Delhi then it is always double benefit. In fact, you can enjoy some outstanding benefits when you invest in Delhi.
Q. Is there any effect of circle rate deduction on luxury housing in Delhi?
Ans. Of course yes, the 20% cut is an encouragement for many fence-sitting buyers. This deduction of cost is beneficial for home-buyers. So, if you are planning to own a home in Delhi then this is the right time.