A recent Golden Growth Fund report reveals South Delhi's ₹5.65 lakh crore real estate potential across 42 MCD-regulated colonies, highlighting Category A and B plots as prime redevelopment targets with 18,446 plots spanning 125-1,750 sq. yd. at ₹6-15 lakh/sq. yd.
Delhi Municipal Corporation plans to increase property tax rates following the Delhi government's circle rate hike. Experts predict a potential 2:1 ratio of impact, implying a 100% property tax increase for a 200% circle rate rise. However, the tax revision might be less substantial in areas with smaller circle rate increases.