Greater Kailash-1 (GK-1) is an upscale residential area located in south
Delhi. It is well divided into blocks that are named in alphabetical order.
Connectivity
GK-1 is closely linked to the Outer
Ring Road and the Asian Highway-1 that provides it a good access to every part of
Delhi. There are principal highways that connect the Lala Lajpat Rai Road with the Josip Broz Tito Marg and the Gamal Nasser Abdel Marg. Metro rails, buses, cabs and auto-rickshaws are the most popular modes of transport to reach northern part of
Delhi. The distance between GK and the domestic airport of
Delhi is 17 kms and it is situated at a distance of 22 kms from the Indira Gandhi International terminal. The closest is the Hazrat
Nizamuddin Railway Station, located at a distance of 9 kms. The New
Delhi Railway Station is 16 kms from this locality.
Real estate
The residential market of GK-1 is almost saturated with reference to new residential property development. There is a profusion of multi-storey buildings and also posh independent houses that fill in this locality as opposed to any other type of residential property. The maximum growth of property sales, construction and development of new projects, rise in the cost was seen in the year 2014. Currently, the cost of property is estimated to be between Rs 14,400 and 21,300 per sq. ft. There has been great development on the commercial front, too, with establishment on a number of market complexes and shopping malls.
Social infrastructure
GK-1 neighborhood is well distributed with reasonable number of departmental stores, hospitals, schools and colleges. The South Campus of
Delhi University is situated in close proximity.
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