New Launch - India Real Estate Report 2026.

Greater Kailash Part 3

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Avg. Rate

₹ 24,404/sq. ft

Locality rating icon

Locality Rating

4.5/10

Greater Kailash Part 3, situated in the prestigious South Delhi district with PIN code 110048, is a well-established residential enclave developed as part of the larger Greater Kailash township. Known for its tree-lined avenues, planned layout, and upscale housing, it features a mix of independent houses, luxury apartments, and gated communities that cater to affluent families, professionals, and senior citizens seeking a refined lifestyle. The locality enjoys excellent connectivity to key business and commercial hubs like Nehru Place, Saket, and Connaught Place via major arteries such as M.M. Malviya Marg and Ring Road. Residents benefit from proximity to the GK-1 and Nehru Place metro stations, numerous bus routes, and the Delhi Metro’s Yellow Line, ensuring seamless access across the city. Its closeness to Indira Gandhi International Airport—just 20–25 minutes by car—adds to its appeal for frequent travelers. Greater Kailash Part 3 is celebrated for its serene, green environment, with parks like the GK Part 3 Central Park offering spaces for morning walks, yoga, and community gatherings. The area is well-serviced with premium schools such as Springdales and MGD, top-tier hospitals like Max Saket and Apollo, and vibrant markets including GK-1 Market and Select Citywalk Mall, making it a self-sufficient and desirable neighborhood in Delhi’s real estate landscape.

Region

Greater Kailash

City

Delhi

District

New Delhi

State

Delhi

Pincode

110048

Population

20,000

Nearest Airport

Indira Gandhi International Airport (DEL)

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The Good

Metro stations and bus stops are within walking distance. This reduces dependency on private vehicles. Public transport connectivity is a major convenience.

Major banks and ATMs are located within the enclave. Financial transactions and banking needs are convenient. Residents have minimal travel for financial services.

Multiple hospitals, clinics, and pharmacies are located nearby. Immediate medical care is easily accessible. This is reassuring for families and senior citizens.

Locality price index icon

The Bad

Main GK roads and markets often face traffic jams. Commuting during peak hours can be frustrating. It slightly impacts convenience.

Chehel PehelNear Greater Kailash Part 3, Greater Kailash, East Delhi, Delhi

Aurum Price Index for Greater kailash part 3

1BHK2BHK3BHKAll

Normalized to 100 · Oct 2020 baseline

Timeline

Aurum Price Index is based on 10 parameters:

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%)

Rates and Trends

Upper PriceAverage PriceLower Price

Timeline

Average Rate

₹ 24,404/sq. ft

Average Price Range

₹ 13,562 – 43,664

Trend (5Y)

▲ 49.5%

Nearby Neighborhoods

Greater Kailash - 2

Greater Kailash - 2, located in South Delhi, is a well-established residential enclave known for its upscale lifestyle and proximity to key commercial and diplomatic hubs. Part of the larger Greater Kailash area, it falls under the postal code 110048 and is bordered by prominent neighborhoods such as Greater Kailash Part 1, Zamrudpur, Pamposh Enclave, and Kailash Colony. Developed primarily in the 1970s and 1980s, the locality features a mix of independent houses, multi-storey apartments, and gated societies, catering to affluent professionals, diplomats, and business families. The area is celebrated for its wide tree-lined avenues, planned layout, and access to premium amenities including reputed schools, private hospitals, luxury retail, and fine-dining restaurants. Its real estate remains highly sought after due to limited inventory and consistent demand, though new residential projects are rare given the mature nature of the neighborhood. Proximity to central business districts like Nehru Place and Connaught Place enhances its appeal. Greater Kailash - 2 benefits from excellent connectivity via major roads such as Ring Road and Mathura Road, with the nearby Metro providing swift access across Delhi. The locality maintains a serene, residential character while being minutes away from bustling commercial zones. Its combination of prestige, infrastructure, and livability makes it one of South Delhi’s most desirable addresses.

Avg. Rate

₹ 14,147/sq. ft

Locality Rating

4/10

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Greater Kailash Enclave II

Greater Kailash Enclave II, situated in the prestigious South Delhi district with PIN code 110048, is a meticulously planned residential neighborhood that epitomizes upscale urban living. Developed as part of the larger Greater Kailash area, it features a mix of spacious apartments, independent bungalows, and modern housing complexes, catering to affluent families and professionals seeking a refined lifestyle. The enclave is known for its wide, tree-lined avenues, low-density construction, and emphasis on privacy and security, making it one of Delhi’s most sought-after residential pockets. Residents enjoy seamless access to key South Delhi hubs like Saket, Defence Colony, and Lajpat Nagar, thanks to excellent road connectivity via the Greater Kailash Road and proximity to the Inner Ring Road. The area is well-served by the Delhi Metro’s Yellow Line, with nearby stations such as Chirag Delhi and Greater Kailash Metro Station ensuring efficient public transport. Proximity to Indira Gandhi International Airport (approximately 18 km) further enhances its appeal for frequent travelers. Greater Kailash Enclave II boasts a rich ecosystem of premium amenities, including top-tier schools like Delhi Public School (DPS) South Delhi and Springdales School, leading healthcare facilities such as Apollo Hospital and Fortis Escorts, and upscale shopping at nearby malls like Select Citywalk in Saket. With abundant green spaces, gated communities, and active resident welfare associations, the locality offers a balanced blend of modern convenience, safety, and community-driven living.

Avg. Rate

₹ 3,093/sq. ft

Locality Rating

4.4/10

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Block W

Block W is a well-established residential enclave located within the Greater Kailash area of South Delhi, known for its upscale neighborhoods and proximity to diplomatic zones. Though not a standalone administrative zone, it forms part of the Greater Kailash-2 (GK-II) neighborhood and shares the PIN code 110048. The locality is characterized by tree-lined avenues, low-rise residential buildings, and a quiet, family-oriented atmosphere, making it a preferred choice among long-term residents and professionals working in central and south Delhi. Historically, Block W developed as an extension of the Greater Kailash housing plan, envisioned in the 1970s as a premium residential area. Today, it features a mix of independent houses and select apartment complexes, with limited new developments due to mature urbanization and land constraints. Real estate here is predominantly premium, with properties valued for their location rather than modern construction, and new projects are rare, contributing to low inventory turnover. The area benefits from excellent connectivity to major commercial hubs like Nehru Place, Lajpat Nagar, and Connaught Place via main roads such as Ring Road and Mathura Road. Despite its residential calm, residents enjoy easy access to elite schools, specialty hospitals, and high-end markets. Block W remains a symbol of old-world Delhi charm, combining heritage living with modern urban convenience.

Avg. Rate

₹ 6,788/sq. ft

Locality Rating

5/10

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Frequently Asked Questions

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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