Property in Greater Kailash 1

Greater Kailash 1 locality guide

Why families choose GK-1

GK-1 sits between Lala Lajpat Rai Marg and the Outer Ring Road, so Lodhi Road, Nehru Place and the airport are all within easy reach. The M Block and N Block markets cover everyday needs, cafés and branded retail, and the Kailash Colony and Greater Kailash stations on the Violet and Magenta lines put the Metro within walking distance of most blocks.

What you can buy

Most stock is stilt-plus-four builder floors on plots of 250, 300, 400 and 500 sq yd. Park-facing and corner plots carry a clear premium, as do floors with a private terrace (the top floor) or a basement-plus-ground duplex. Older kothis come up for collaboration or outright sale a few times a year.

Prices and circle rate

GK-1 is a Category B colony, so the land circle rate is ₹2,45,520 per sq m. Market prices are well above that. A new 300 sq yd floor typically trades between ₹6 Cr and ₹9 Cr; large park-facing floors on 500 sq yd plots go well past ₹12 Cr.

Things to check

Ask for the sanctioned building plan and completion certificate, confirm the floor's share in the land is written into the sale deed, and check whether the stilt parking is allotted by number. Blocks closer to the market see more traffic in the evenings.

Work out your costs with the Delhi stamp duty calculator and the total purchase cost calculator.