The Delhi-NCR real estate market is anticipated to experience exponential growth in 2023. With factors like infrastructural projects and expansions influencing the future of Gurgaon, Delhi, Noida and the surrounding districts, all of them are experiencing unprecedented growth. In Delhi-NCR, real estate is still the best investment option, with almost 40% choosing it above other types of investments. Keeping that in mind, here are some of the poshest areas in Delhi.

Jor Bagh – the elite, cosmopolitan neighbourhood

Jor Bagh has all the ingredients to be one of the most expensive, yet popular localities in the National Capital. A famous area in Delhi, this upscale neighbourhood is home to well-known figures such as elected officials, ex-ministers, and legal professionals. High-end retail complexes are located close to the Jor Bagh Metro station, and the improved transportation connectivity has contributed to a high liveability index. The most popular configuration in this area is three bedrooms, with prices ranging from INR 12-30 Crores. Monthly rents in the area begin at INR 25,000.

Amenities near Jor Bag
Schools	Sarvodaya Vidyalaya Navyug School Shemrock Wonderland (Play School)
Healthcare Centres	Felix Hospital Aashlok Hospital
Shopping Centres	DLF South Square Padma Bazaar Square One Mall
Places to visit	Lodhi Garden Jor Bagh Park Shish Gumbad

Shanti Niketan – an exclusive living experience

Shanti Niketan, which was once an exclusive colony for government employees, is now a sought-after address and a posh area in Delhi. The area is near high-end areas such as Vasant Vihar, Chanakyapuri and Greater Kailash. Shanti Niketan, with its high living standards, is home to some of the most prominent industrialists in the area. The Sir Vishweshwaraiah Moti Bagh Metro Station is a short walk away and according to 99acres, the property value in this area is approximately INR 7-8 Crores for a 4 BHK home.

Amenities near Shanti Niketan
Schools	Sadhu Vaswani International school for Girls Mount Carmel School Vidya Niketan Public School
Healthcare Centres	Aashlok Hospital Sadhu Vaswani Mission Medical Centre
Shopping Centres	Shanti Niketan DDA Market Sangam Courtyard
Places to visit	National Rail Museum Shanti Niketan Park Satya Niketan Park

Gulmohar Park – peace amidst the greens

Gulmohar Park is another affluent neighbourhood in South Delhi, with a median property value of INR 30,500 per square feet. The micro-market, which spans 43 acres, is home to some of the region’s finest recreational hubs. It is only 3 Km from a planned station on the Delhi-Alwar RRTS at INA, which will enhance connectivity between NCR and Alwar. Furthermore, the abundance of greenery adds to its allure. A large 3-4 BHK individually owned home in the neighbourhood can cost around INR 5-8 Crores, according to 99acres listings. The area’s low population density serves as a growth driver.

Amenities near Gulmohar Park
Schools	Rising Sun Nigam Pratibha School
Healthcare Centres	Fortis C-Doc Hospital Max Multi Speciality Centre, Panchsheel Park Aashlok Hospital
Shopping Centres	Ansal Plaza MGF Metropolitan Mall
Places to visit	Lotus Temple Kale Khan Ka Makbara

Hauz Khas Enclave – an active social life

Hauz Khas Enclave is regarded as one of the best areas to live in Delhi, with prices ranging from INR 2-8 Crores depending on an apartment’s configuration. Because of the abundance of palatial bungalows, a green neighbourhood and proximity to the ever-busy party destinations of Hauz Khas Village, the area has risen to the top ten most expensive localities in Delhi. Within a 3 Km radius of the housing belt lie renowned educational institutions such as NIFT Delhi and IIT Delhi. The neighbourhood is also well-connected to the greater part of the city.

Amenities near Hauz Khas Enclave
Schools	Laxman Public School ORCHIDS The International School St. Anthony’s Senior Secondary school
Healthcare Centres	Aashlok Hospital Healing Touch Hospital
Shopping Centres	DDA Shopping Complex Hauz Khas market
Places to visit	Hauz Khas Fort Hauz Khas Village Park Bagh-I-Alam ka Gumbad

Okhla: a region with a promise

Okhla makes itself easily accessible to various urban centres and an array of hotels, schools, banks and healthcare facilities via an excellent railway and roadway network. The National Highway (NH) 8 runs along it.

The nearest railway stations are Okhla and Hazrat Nizamuddin, both of which are 5 Kms and 7.3 Kms away from the locality, respectively.

The residential sector is spearheaded by a stunning project by Godrej Properties – Godrej Prima. The tall towers of Godrej Prima are a sight to behold and tower over the rest of the neighbourhood.

The nearest airport is the Indira Gandhi International (IGI) Airport, which is 19.7 Kms away, and the Domestic Airport is 18 Kms away. It is also helped by the Violet Line of Delhi Metro.

Amenities near Okhla
Schools	ORCHIDS International School Sunrise Public School Okhla Modern Public School
Healthcare Centres	Fortis Escorts Heart Institute Holy Family Hospital
Shopping Centres	Sadiq Plaza Anzar Shopping Complex & Bazaar
Places to visit	Lotus Temple Okhla Bird Sanctuary

Sarvapriya Vihar – a strong physical infrastructure

Sarvpriya Vihar, located in the heart of South Delhi, has easy access to all regions of NCR. This accessibility is possible through the Metro and other modes of transportation. Furthermore, plans to build two multimodal integration projects at the IIT and Panchsheel Metro stations would improve connectivity in the area. According to 99acres listings, the average purchase price for a 3 BHK unit in the area ranges from INR 1.5-7.3 Crores. Monthly rent generally begins at INR 30,000.

Amenities near Sarvapriya Vihar
Schools	Laxman Public School Arya Public School
Healthcare Centres	Healing Touch Hospital Aakash Hospital
Shopping Centres	DDA Shopping Complex DLF Avenue Saket
Places to visit	Heritage Park Hauz Khas Fort Lotus Temple

Connaught Place – a commercial hotspot

Considered by many as the best place in Delhi for business, Connaught Place is a well-known neighbourhood in New Delhi. It is a significant commercial, retail, and economic hub which is very popular for its architecture. It houses some of the best places to visit in South Delhi, thereby making it an expensive area to live overall in the city of Delhi.

Godrej Connaught One, Godrej Properties’ flagship project in the nation’s capital has the enviable and prestigious address of 110001. It is every bit, luxury personified in a residential building that stays true to its rich legacy.

Amenities near Connaught Place
Schools	Vidya Public School P&T Senior Secondary School ORCHIDS The International School
Healthcare Centres	Lady Hardinge Hospital Smt Sucheta Kriplani Hospital
Shopping Centres	Connaught Circle Palika Bazar Underground Shopping Complex
Places to visit	Jantar Mantar Charkha Museum Central Park

Lajpat Nagar III – premier healthcare

Several wealthy and Non-Resident Indians (NRIs) live in Lajpat Nagar III. The neighbourhood falls in the south region and is one of the most prominent areas in New Delhi. The average property value in the area varies between INR 1.8-5.5 Crores for a 3 BHK unit according to 99acres. The area has easy access to other major parts of the city and has quick access to some of the city’s well-known hospitals, educational institutions, recreational areas and leisure zones. It has a pleasant appeal due to the Lajpat Nagar shopping market nearby.

Amenities near Lajpat Nagar III
Schools	Footprints: Play School & Day Care Creche SDMC Lajpat Nagar III School Shaheed Hemu Kalani Sarvodaya Bal Vidyalaya
Healthcare Centres	Max Super Speciality Hospital SDMC Lajpat Nagar Colony Hospital IBS Hospital
Shopping Centres	3C’s Mall
Places to visit	Lala Lajpat Rai Memorial Park National Park Lotus Temple

Greater Kailash I – spacious residential units

Greater Kailash I has long been regarded as one of the top three localities in Delhi. The median property value documented is approximately INR 19,300 per sq ft, with monthly rentals beginning at INR 16,000. It continues to be a desirable location for buyers seeking luxurious bungalows, independent houses and builder floors.

Amenities near Greater Kailash I
Schools	K.R. Mangalam Global School GK-I ORCHIDS The International School Guru Harkrishan Public School
Healthcare Centres	Phoenix Hospitals SCI International Hospital Apollo Spectra Hospitals
Shopping Centres	M Block Market GK1 City walk Mall Archana shopping arcade
Places to visit	Lotus Temple Astha Kunj Park

Green Park – rest under the trees

Green Park, which was established in the early 1960s, is one of South Delhi’s affluent and posh neighbourhoods. The housing belt contains markets as well as several popular eating establishments and shopping complexes. The neighbourhood’s proximity to lush green spaces – Deer Park, District Park, and Rose Garden has guaranteed a healthy liveability quotient. They also rank among the top few places to visit in South Delhi. Green Park’s average capital value is approximately INR 22,900 per sq ft according to 99acres. Monthly rents start at INR 32,000 and may rise to INR 1.6 Lakh depending on the apartment’s configuration.

Amenities near Green Park
Schools	Gargi Sarvodaya Kanya Vidyalaya Jain Modern Public School Footprints: Play School & Day Care Creche
Healthcare Centres	Mohinder Hospital Dr. Poonam Tara Clinic
Shopping Centres	DDA Shopping Complex
Places to visit	Bagh-I-Alam ka Gumbad Hauz Khas Fort Chhoti Gumti

Frequently Asked Questions

1. Which are the best residential areas in Delhi for middle class individuals?

Ans: Places like Uttam Nagar and Laxmi Nagar offer great residential units that are affordable and provide superb value for money.

2. Is South Delhi one of the posh residential areas in Delhi?

Ans: Yes, South Delhi is home to a number of high-end establishments.

3. Which is the safest residential area in Delhi?

Ans: The neighbourhoods mentioned above are among the safest residential areas in Delhi.

4. What is famous about South Delhi?

Ans: South Delhi has several things going for it, from housing premium, luxury residential complexes, to restaurants and South Delhi tourist places, consisting of several heritage sites. It is a complete package.

5. Which are the posh areas in Delhi?

Ans: The posh areas in Delhi can usually be found in South Delhi.

Life in the fast lane – posh areas in Delhi

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