The residential property market in South Delhi has shown only marginal appreciation in capital values and rentals.

This could have been due to the increase in property registeration circle rates in various zones of Delhi.

Property Supply and Demand in South Delhi Posh Colonies have been more or less constant, and the increase in circle rates has resulted in larger amounts and lower potential for offloading cash in real estate transactions. This has, in fact, acted as a check on the anticipated price appreciation in South Delhi.

South Delhi residential markets such as Defence Colony, Panchsheel Park, Saket, GK1, GK 2, Safdurjung Enclave….. have not shown much downward price fluctuations over the last three years.

Yes, there have been some correction in Premium Residential Property Prices, But over few months there is tremendous increase in ready to move flats in posh localities due to its limited availability.

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