Delhi, the capital of India, is not just a hub of politics and culture but also home to some of the most expensive residential areas in the country. The city’s housing market flourishing and has several exclusive neighborhoods that offer world-class amenities as well as luxurious living. The Expensive Areas in Delhi are a magnet for the elite and have properties in these areas featuring large layouts, top amenities, and an ideal position. The range of properties spans from Lutyens’ Delhi to the bustling roads in Greater Kailash and Vasant Vihar The exclusive locations provide the highest level of luxury and luxury.
Premium Neighborhoods in Delhi
Delhi is one among the top areas for luxurious living. Here are a few of the Luxury residences in Delhi:
Area | Key Features | Average Price per Sq. Ft. |
Lutyens’ Delhi | Colonial architecture, proximity to government offices | ₹50,000 – ₹1,00,000 |
Greater Kailash | Vibrant lifestyle, luxury malls, and cultural hubs | ₹30,000 – ₹65,000 |
Vasant Vihar | Spacious villas, greenery, and high-end schools | ₹40,000 – ₹80,000 |
Chanakyapuri | Diplomatic enclave, international schools, embassies | ₹45,000 – ₹90,000 |
1. Prithviraj Road – One of The Premium Areas In Delhi
Located in the heart of the capital, Prithviraj Road is undoubtedly one of posh areas of Delhi. Part of the prestigious Lutyens Bungalow Zone (LBZ), homes on Prithviraj Road are among the most expensive in the capital. Located in central Delhi, this picturesque thoroughfare is flanked by Lodhi Gardens on one side and the Delhi Golf Course, Race Course, and Safdarjung Tomb on the other.
Shopping hubs like the Santushti Complex and Khan Market make this road a top residential area in Delhi. One of Delhi’s most exclusive neighborhoods, homes here are extremely expensive and will surely surprise you.
Price Range/sq. ft in Prithviraj Road: Real estate prices per square foot in Prithviraj Road can start from Rs 38,095 per square foot and go up to Rs 3,00,000 per square foot.
Price Range for rent in Prithviraj Road: The monthly rent of a 3 BHK on Prithviraj Road is around Rs 2 lakh per month.
Prominent places near Prithviraj Road: Lodhi Gardens, Safdarjung Tomb, Purana Qila, India Gate, The Claridge Hotel, Shangri-La Hotel.
2. Jor Bagh – An Expensive Locality In Delhi
Jor Bagh, located in South Delhi, is another posh and posh area in Delhi. Safdarjung Tomb, Khan Market, and Lodhi Gardens are adjacent to Jor Bagh, and Humayun’s Tomb is also nearby. This lush green area is home to prominent figures such as Congress leaders, former ministers, and senior lawyer Kapil Sibal.
Price Range
Type | Average Area (Per Sq.ft.) | Average Sale Price | |
Sale | Rent | ||
3 BHK | 1600 | Rs 9.52 Cr – 10.52 Cr | Rs. 71-126 per sq.ft. |
4 BHK | 2000 | Rs 11.90 Cr – 13.15 Cr | |
Prominent places near Jor Bagh: Safdarjung Tomb, Race Course, Prime Minister Estate, Safdarjung Airport etc.
3. Defence Colony – One of The Best Areas In Delhi
Defence Colony, known as Diff Col by Delhiites, is located in the heart of Delhi. This area is one of the wealthiest and most posh areas of Delhi. Its popularity among homebuyers is due to its seamless metro connectivity, easy access to hospitals, public transportation, and all the amenities needed for a quality lifestyle.
And the list doesn’t end there; Defence Colony, also known as Diff Col, is also famous for its bakeries, numerous charming cafes, and restaurants serving a variety of cuisines. With renowned restaurants and numerous affordable options, you’ll never go hungry if you’re in Defence Colony, one of Delhi’s posh areas.
Price Range
Type | Average Area (Per Sq.ft.) | Average Sale Price | |
Sale | Rent | ||
3 BHK | 1600 | Rs 4.71 Cr – 5.21 Cr | Rs. 56-102 per sq.ft. |
4 BHK | 2000 | Rs 5.89 Cr – 6.51 Cr | |
Prominent places near Defence Colony: Safdarjung Tomb, Bapu Park, Khan Market, Lajpat Nagar and Indira Gandhi International (IGI) Airport and more
4. Model Town – Posh Locality of North Delhi
Although posh areas in Delhi are located in South Delhi, continued real estate development and investment by real estate developers have also allowed many areas in North Delhi and West Delhi to flourish. One such posh area of Delhi is Model Town in North Delhi.
Model Town is one of the posh areas of North Delhi, holding great historical significance. The DLF Group developed the area in the early 1950s, and it became one of Delhi’s first affluent areas after independence. Model Town in Delhi boasts many luxurious duplexes and flats that attract homebuyers.
Price Range
Type | Average Area (Per Sq.ft.) | Average Sale Price | |
Sale | Rent | ||
3 BHK | 1600 | Rs 2.30 Cr – 2.54 Cr | Rs. 23-38 per sq.ft. |
4 BHK | 2000 | Rs 2.87 Cr – 3.17 Cr | |
Prominent places near Model Town: Naini Lake, Gurudwara Nanak Piao Sahib, Coronation Park, etc.
5. New Friends Colony – Posh Area In Delhi
New Friends Colony is another Posh Area In Delhi that has established itself as one of the wealthiest areas in South Delhi. The NFC, popularly known as the New Friends Colony area, is divided into two parts, East and West, and property prices here are skyrocketing.
As one of Delhi’s posh areas, New Friends Colony has been home to the elite for centuries. One of the oldest luxury hotels, The Surya, is also located in the NFC. Quiet yet bustling, New Friends Colony is close to popular restaurants, pubs, markets, and some casual restaurants.
Price Range
Type | Average Area (Per Sq.ft.) | Average Sale Price | |
Sale | Rent | ||
3 BHK | 1600 | Rs 3.46 Cr – 3.83 Cr | Rs. 33-63 per sq.ft. |
4 BHK | 2000 | Rs 4.33 Cr – 4.79 Cr | |
6. Panchsheel Park – Posh Area In Delhi
Another coveted residential area for the rich and the famous of the city, Panchsheel Park, is located on the Outer Ring Road of Delhi. The locality has Panchsheel Enclave in its east, Hauz Khas to the west, Asian Games Village in the north, and Malviya Nagar to the south. Furthermore, this residential development has the Panchsheel Club, which offers many facilities such as a terrace garden, poolside café, senior citizen’s lounge, party hall, and much more. This posh area in Delhi has residential developments in bungalows, individual houses, and independent floors. It is home to several diplomats, retired politicians, bureaucrats, and other top shots.
Price Range
Type | Average Area (Per Sq.ft.) | Average Sale Price | |
Sale | Rent | ||
3 BHK | 1600 | Rs 3.28 Cr – 3.62 Cr | Rs. 42-74 per sq.ft. |
4 BHK | 2000 | Rs 4.10 Cr – 4.53 Cr | |
Prominent places near Panchsheel Park: Deer Park, Hauz Khas Fort, Siri Fort, Ansal Plaza and many more.
7. Nizamuddin West – Posh Area in Delhi
Nizamuddin West, a prominent residential area in central Delhi, has been home to many renowned writers, freedom fighters, and scholars, both past and present. Renowned Islamic scholar Maulana Wahiduddin Khan and former Member of Parliament Amarnath Vidyalankar lived in this posh area of Delhi. It also houses several historical monuments, including the Dargah of Amir Khusro, the Kalan Mosque, and the Tomb of Nizamuddin Auliya.
Price Range
Type | Average Area (per sq feet) | Average Sale Price |
3 BHK | 1600 sq ft | Rs. 4.52 Cr – 4.99 Cr |
4 BHK | 2000 sq ft | Rs. 5.65 Cr – 6.24 Cr |
Prominent Places near Nizamuddin West: Some of the prominent places near Nizamuddin West are Safdarjung Tomb, Bapu Park, Khan Market and The Lodhi.
8. Punjabi Bagh – Posh Locality in Delhi
Formerly known as Refugee Colony, it was home to Hindus and Sikhs who came from West Punjab during the India-Pakistan partition. The area is home to numerous mansions and luxurious bungalows, mostly inhabited by wealthy businessmen and traders.
Price Range/ sq.ft in Punjabi Bagh:
For residential flats in Delhi, at the price ranges from:
– Rs. 15,000 per sq ft to Rs. 22,000 per sq ft
For villas/independent houses, the price ranges from:
– Rs. 21,000 per sq ft to Rs. 75,000 per sq ft
Price Range for Rent in Punjabi Bagh: The average monthly rent for apartments and villas ranges from Rs. 25,000 to Rs. 2 lakhs.
Major places near Punjabi Bagh: Maharaja Agrasen Hospital, Dilli Haat Janakpuri, Red Fort, Guru Nanak Institute of Management & Information Technology, West Gate Mall, India Gate, Guru Nanak Public School, MGS Hospital, City Square Mall, Humayun’s Tomb, SM Arya Public School, Rashtrapati Bhavan, Connaught Place, Jama Masjid, DLF Cyber Park, Indira Gandhi International Airport, Rajouri Garden.
Price Range
Type | Average Area (Per Sq.ft.) | Average Sale Price | |
Sale | Rent | ||
3 BHK | 1600 | Rs 2.60 Cr – 2.87 Cr | Rs. 24-43 per sq.ft. |
4 BHK | 2000 | Rs 3.25 Cr – 3.59 Cr | |
9. Greater Kailash – One of The Most Expensive Areas In Delhi
Known as GK, Greater Kailash, located in South Delhi, is divided into two divisional zones – GK I and GK II. This area is famous not only for being home to the wealthy, but also for being home to some of the leading retail brands.
It’s home to one of the city’s most popular shopping markets, M Block Market, where you’ll find upscale cafes, lounges, and salons. Homes here are generally luxurious, and people enjoy every luxury at their fingertips. The name seems perfectly fitting for this area, as it’s not only luxurious, but also “better” than most residential areas in Delhi.
Price Range
Type | Average Area (Per Sq.ft.) | Average Sale Price | |
Sale | Rent | ||
3 BHK | 1600 | Rs 3.83 Cr – 4.24 Cr | Rs. 33-57 per sq.ft. |
4 BHK | 2000 | Rs 4.79 Cr – 5.30 Cr | |
Prominent places near Greater Kailash: Nehru Place, Lady Shri Ram College, Lotus Temple, Iskcon Temple, and many more.
10. Shanti Niketan – Posh Locality of Delhi
Initially established as a residential area for government officials, Shanti Niketan is today one of Delhi’s most sought-after destinations. Perhaps, we Indians are fans of anything with the word “government” attached to it. (Like most Indian parents, they pressure their children to get government jobs!). Jokes aside, due to its strategic location, Shanti Niketan is one of residential areas of Delhi, which is why you’ll find big industrialists and other elites living in Shanti Niketan’s luxurious homes.
Price Range
Type | Average Area (Per Sq.ft.) | Average Sale Price | |
Sale | Rent | ||
3 BHK | 1600 | Rs 8.27 Cr – 9.15 Cr | Rs. 52-83 per sq.ft. |
4 BHK | 2000 | Rs 10.34 Cr – 11.43 Cr | |
Prominent places near Shanti Niketan: The Embassy area of Shantipath, DLF Promenade, DLF Emporio, Delhi Public School (RK Puram), DU South Campus are also near the locality.
frequently asked questions
Ques. What are the most expensive areas in Delhi for luxury real estate?
Ans. The most expensive areas in Delhi include Lutyens’ Delhi, Greater Kailash, Vasant Vihar, and Chanakyapuri. These areas offer luxury residences with world-class amenities, ideal for high-net-worth individuals. At TriArt Estate, we specialize in helping clients find premium properties in these elite locations.
Ques. Why is Lutyens’ Delhi considered one of the most expensive areas in Delhi?
Ans. Lutyens’ Delhi is known for its colonial architecture, expansive bungalows, and proximity to important government offices. It’s one of the most expensive areas due to its prime location and prestigious address. TriArt Estate offers exclusive listings in this area for those seeking the ultimate in luxury living.
Ques. How can TriArt Estate assist me in finding properties in the most expensive areas of Delhi?
Ans. At TriArt Estate, we have expert knowledge of Delhi’s luxury real estate market. Whether you’re looking to buy or rent a property in the most expensive areas like Greater Kailash or Vasant Vihar, we provide tailored solutions to meet your needs.
Qus. What are the price ranges for properties in the most expensive areas in Delhi?
Ans. The price range for properties in the most expensive areas in Delhi, such as Lutyens’ Delhi and Chanakyapuri, can vary widely. Properties can start from ₹30,000 per sq. ft. and go up to ₹1,00,000 per sq. ft. TriArt Estate can help you navigate these price ranges to find the perfect home or investment opportunity.
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