Delhi
The real estate market in Greater Kailash I reflects a premium residential landscape with consistent demand for high-quality living spaces. Property prices have seen a steady upward trajectory, supported by a strong rental market that offers diverse options from studio apartments to expansive 6 BHK homes. While the residential sector remains the primary focus, the area also accommodates commercial needs, particularly through office spaces and retail shops. Market participants benefit from a stable environment where established infrastructure and connectivity drive long-term value for both owners and tenants.
As of Jun 2026, the average asking price in Greater Kailash I stands at ₹31,500 per sq ft. This figure has appreciated by 2.97% compared to the previous period, reflecting sustained demand for premium residential properties in this established South Delhi neighbourhood.
Property prices in Greater Kailash I have shown a positive trajectory, with the micromarket rate rising from ₹21,050 per sq ft in Sep 2025 to ₹25,650 per sq ft as of Jun 2026. This consistent upward movement over the last few quarters indicates strong buyer confidence and a competitive real estate environment in the area.
Greater Kailash I maintains a distinct price positioning compared to its neighbours. While Greater Kailash itself averages ₹24,750 per sq ft (depreciating by 4.5% compared to the prior period), areas like Defence Colony command a higher average of ₹42,500 per sq ft, which has appreciated by 0.6% over the same timeframe. Other nearby localities like Chittaranjan Park offer more accessible entry points at ₹23,100 per sq ft, having appreciated by 4.37%.
As of Jun 2026, Ready To Move properties in Greater Kailash I are priced at an average of ₹25,250 per sq ft, which has seen a depreciation of 16.94% compared to the previous period. In contrast, Well Occupied projects are currently priced at ₹23,800 per sq ft, reflecting a depreciation of 20.17% over the same period, suggesting a market correction in established inventory.
The average rental yield in Greater Kailash I is 2.48% as of Jun 2026. This yield represents the annual rental income relative to the property's capital value, serving as a key metric for investors to evaluate the income-generating potential of their assets alongside potential capital appreciation in this prime location.
Rental rates in Greater Kailash I vary significantly by unit size as of Jun 2026. Studio apartments average ₹29,900 per month, while 1 BHK units average ₹43,650 per month. Larger configurations command premium pricing, with 3 BHK units averaging ₹1.46 Lakh per month, 4 BHK units at ₹2.35 Lakh per month, and expansive 6 BHK residences reaching approximately ₹6.5 Lakh per month.
Rental rates in Greater Kailash I differ based on the property type, with shops commanding the highest average at ₹300 per sq ft, which has appreciated by 12.64% as of Jun 2026. Office spaces follow at ₹100 per sq ft, showing a significant appreciation of 72.58%, while residential apartments average ₹50 per sq ft, having appreciated by 3.08% over the same period.
Buyers should use the provided data as a benchmark for market value rather than a fixed transaction price. With an average asking price of ₹31,500 per sq ft as of Jun 2026, the data helps in comparing the relative value of different projects and statuses. Always consider the appreciation or depreciation trends, such as the 2.97% growth in the overall market, to understand whether you are entering a rising market or one experiencing a correction.
