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Greater Kailash I, Delhi

Pin Code 110048
4.3

About Greater Kailash I

1, is a locality in the Capital of India, Delhi. This posh locality is situated along the Outer Ring Road, the main road in Delhi and offers various luxury residential properties – Villas, Builder Apartments, Commercial complexes, and others. Greater Kailash 1 is a neighbor to the localities – Andrews Ganj, Kailash Colony, Anand Lok, Amar Colony, Sadiq Nagar, Greater Kailash Enclave 1,Hemunt Colony and Garhi Jharia

Greater Kailash I, Delhi - Key Highlights

  • Plenty of Greenery in the area in the form of Hauz Khas forest- a central forested land of Delhi and a vital camping site and the Astha Kunj park – one of the largest parks in Delhi.
  • Few smaller parks are also present in the area like –C block Park, E block Park, M Block Park and others
What’s Great About Greater Kailash I
  • Excellent connectivity to other regions of Delhi via Metro Infrastructure. The region lies in between the Violet Metro Line and the Magenta Metro Line. The metro stations servicing the Greater Kailash 1 area are – Kailash Colony Metro Station, Nehru Place Metro Station on the Violet Line and the Nehru Enclave Metro Station, Greater Kailash Metro Station Magenta Line.
  • Excellent retail infrastructure in the area almost every brand is available here. There are plenty of Markets in the area, such as - N Block Market, M Block Market, DDA Shopping Complex, and others. The region is also attached to Nehru Place – The biggest electronics market in India
What’s Not Great About Greater Kailash I
  • Property prices in the region are a bit on the higher side, and hence only a select few can afford to buy.
  • The problem of heavy traffic jams in the area
  • The problem of heavy traffic jams in the area

Other Highlights of Greater Kailash I

Social Infrastructure

Hauz Khas forest provides a vital camping site and trekking facility in the area. In addition, the Aastha Kunj park – one of the largest parks in Delhi, is also a major recreation center in the area.

Shopping Complex & Market

*N Block Market, N Block *M Block Market, M Block *DDA Shopping Complex, Greater Kailash 1 *Sadiq Nagar Market, Sadiq Nagar

Health Care Centers

*SCI International hospital, M Block *Phoenix Hospitals, Block E *Apollo Spectra Hospital, Nehru place Flyover *Spring Meadows Multispeciality Hospital, Block F

Connectivity & Public Transport

*Kailash Colony Metro Station *Nehru Place Metro Station *Nehru Enclave Metro Station *Greater Kailash Metro Station route.

School, Bank & Fitness Centers

Schools: *Summer Fields School, Kailash Colony *KR Mangalam Global School, Kailash Colony *Tagore International School, Block E *KR Mangalam Global School, N Block Banks: *Punjab National Bank, Block E *Bank of Baroda, Sadiq nagar Nearby ATMs of prominent Banks *ICICI Bank ATM, M Block *Bank of Baroda ATM, Sadiq Nagar Fitness Centers: * X-Generation, Block E

Popular Landmarks near Locality

Popular Landmarks near Locality: *Hauz Khas Forest *Astha Kunj park

Map of Greater Kailash I, Delhi

Greater Kailash I Delhi Map
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32 New Projects in Greater Kailash I, Delhi

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Most Preferred BHK

  • green-sale
    Sale
  • green-rental
    Rental

Most Preferred Unit Type

  • green-sale
    Sale
  • green-rental
    Rental

Price Trends In And Around Greater Kailash I

Locality Price range per sqft
( in ₹ )
Avg price per sqft
( in ₹ )
Average price unit config wise per sqft ( in ₹ ) View properties
1 BHK 2 BHK 3 BHK 4 BHK
Greater Kailash I 14,533 - 23,438 19,353 - - 19,033 20,428 View All
Gautam Nagar 7,208 - 7,281 7,247 7,247 - - - View All
Lajpat Nagar 12,764 - 26,444 17,917 8,806 12,987 25,938 - View All

Micro Market Analysis

Capital and Rental Trends

*The property market in Greater Kailash 1, Delhi mainly consists of residential apartments, which make about 88% of all the offerings for sale *The remaining offerings for sale are covered by Residential Houses (8%) and commercial properties (6%) *The most popular apartment configuration consists of 4 BHK 48%, while 39% are the 3 BHK apartments and 5% are 5 BHK apartments. 1 BHK and 2 BHK apartments make up the remaining 6%. *The price range of residential apartments is about INR 14,000 to INR 23,000 per sqft, averaging INR 18,704 for most of the available properties. *For price range for the residential houses is about INR 39,500 – INR 60,660, which averages out to be at INR 50,000 per square foot for most of the available properties. *For the rent market, 3 BHK apartments are trendy (58%), 4 BHK apartments come next at (25%), and 2 BHK, 1 BHK, 5 BHK and others make up the rest of the rent market. *The base price for a 3 BHK apartment for sale starts from INR 3.6 Crores *The average rent prices for 3 BHK apartment starts at INR 70,000 and can easily go above INR 1 Lakhs depending upon the location

Scope of Growth

The prices of the residential houses in the area have seen an extraordinary growth of about 83% in the last quarter of FY 2020-2021 compared to the last quarter of FY 2019-2020. However, this growth rate is expected to slow down a bit due to pandemic.

Investment Opportunities

Investment in Commercial properties near the outer ring road and in the M-Block and N-Block markets is a good idea.

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