Avg. Rate
₹ 6,083/sq. ft
Locality Rating
7.6/10
Greater Kailash, located in South Delhi (not East Delhi as sometimes misclassified), is one of the city's most prestigious and well-established residential neighborhoods. Developed primarily in the 1960s and 1970s, it was designed as a planned colony with wide roads, green spaces, and a mix of independent houses and apartment complexes. The area is divided into two main segments—Greater Kailash Part 1 (GK-1) and Part 2 (GK-2)—each known for its upscale lifestyle and proximity to key commercial and diplomatic zones. With a PIN code of 110048, it serves as a prime residential hub in the southern part of the capital. The locality is renowned for its vibrant market culture, particularly the GK-2 Market, which is a popular destination for dining, shopping, and socializing. Residents enjoy easy access to top-tier educational institutions, healthcare facilities, and entertainment options, making it a self-sufficient urban enclave. The area has seen steady real estate demand due to its reputation for safety, infrastructure, and connectivity, despite limited new project launches in recent years. Greater Kailash is surrounded by prominent neighborhoods such as Defence Colony, East of Kailash, Kalkaji, and Chittaranjan Park, enhancing its strategic location within Delhi. While the average price per square foot and 2BHK pricing data is currently unavailable, the area remains a high-value property market due to its elite status and limited inventory. With only three major residential projects recorded recently, development is constrained by the mature urban fabric, making resale and resale-led demand dominant.
Region
East Delhi
City
Delhi
District
New Delhi
State
Delhi
Pincode
110048
Population
47,500
Schools
5
Nearest Airport
Indira Gandhi International Airport (DEL)
Excellent connectivity via metro and major arterial roads
Home to reputed schools like Springdales and hospitals like Apollo
Safe, well-maintained, and socially vibrant neighborhood
Limited availability of new residential projects
Traffic congestion around GK-2 Market and flyovers
Normalized to 100 · Oct 2020 baseline
Timeline
Property Listing Trends
(12%)
RERA Inventory & Sales Velocity
(13%)
IGR Transaction Data
(15%)
Rental Yield
(10%)
Pollution & Environment
(08%)
Infrastructure & Connectivity
(13%)
Social Infrastructure
(08%)
Crimes & Safety
(08%)
Political Stability
(06%)
Corruption & ease of doing business
(07%)
Timeline
Average Rate
₹ 6,083/sq. ft
Average Price Range
₹ 3,236 – 11,369
Trend (5Y)
▲ 56.7%
Rates and Trends
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The information provided on this page is collated from publicly available resources. PropTech Pulse does not guarantee the accuracy, completeness, or authority of this data and shall not be held liable for any discrepancies. For queries or further assistance, please contact us at pulse@aurumproptech.in


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