A report by Delhi-based Golden Growth Fund, a SEBI-registered Alternate Investment Fund (AIF), highlights a redevelopment opportunity worth ₹5.65 lakh crore in South Delhi’s residential sector. The report states that nearly 18,500 privately owned plots across 42 colonies regulated by the Municipal Corporation of Delhi (MCD) present a significant scope for new developments.
There are 18,446 residential plots in South Delhi’s Category A, B, and C colonies, ranging from 125 to 1750 square yards. The average price per square yard varies between ₹6 lakh to ₹15 lakh. The most exclusive Category A and B colonies, including Mayfair Garden, Panchsheel Park, Anand Niketan, Vasant Vihar, and Golf Links, collectively hold around 16,424 plots. These locations are known for their high-value properties and appeal to wealthy buyers.
The MCD categorizes Delhi colonies from A to H, influencing circle rates, property taxes, and stamp duty charges. In the 13 Category A colonies, 3,704 plots range from 200 to 1200 square yards, priced between ₹7 lakh to ₹15 lakh per square yard. The 27 Category B colonies house around 12,720 plots, priced between ₹6 lakh to ₹12 lakh per square yard.
Golden Growth Fund’s CEO, Ankur Jalan, stated that South Delhi remains a preferred location due to its accessibility to entertainment, business hubs, airports, and essential social infrastructure. Redevelopment in these areas caters to growing families and new investors seeking high-end living spaces.
The region continues to attract high-net-worth individuals (HNIs) and non-resident Indians (NRIs) who now prefer investing in AIFs that ensure compliance and property management. With potential returns of 18-20%, AIFs provide a structured investment model compared to traditional real estate investments.
Recent SEBI data from H1FY25 indicates that AIFs contributed ₹75,500 crore to the real estate sector, the highest among all industries, accounting for 17% of total investments. Golden Growth Fund, a Category II Real Estate AIF, aims to raise ₹400 crore for land acquisition and development in South Delhi. The fund secured ₹25 crore in its first round of funding in August.
South Delhi’s redevelopment prospects reflect a growing trend of structured investments in high-value properties. As regulatory frameworks strengthen, investments through AIFs continue to gain traction, offering a new model for urban real estate growth.
