Property in Greater Kailash 3

The smallest and least understood part of the Greater Kailash family: a pocket of new floors between GK-I and GK-II, with a metro station on its doorstep and a name that confuses half the listings that use it.

Circle rate Category B Plots ~217–300 sq yd Land ~₹7.5–8.5 L / sq yd Greater Kailash metro next door

Property in Greater Kailash 3 is the quiet back door into the GK address: newer builder floors on mid-size plots, priced a step below GK-II and sitting right beside the Greater Kailash metro station.

Most buyers looking at property in Greater Kailash 3 already know GK-I and GK-II by their M Block markets and lettered blocks. GK-III is different. It is a small pocket, usually listed as GK-III or Masjid Moth, that grew up between the two older colonies along the Outer Ring Road side. Few homes trade here in a year, so there is no deep record of deals to lean on, and asking prices on portals swing wildly.

So this guide does something slightly different from our other colony guides. It explains what GK-III is and is not, works out a fair price from the land value up, sets it against GK-II, and lists the checks that matter in a colony whose name is easy to get wrong on paper.

SouthDelhiFloors insight

The single most important fact about GK-III is on the circle-rate list. “Greater Kailash-III” is Category B, but “Masjid Moth DDA Flats” next to it is Category C. Two homes a few hundred metres apart, both sold as “GK-3, Masjid Moth”, can sit in different registration bands and completely different markets.

Property in Greater Kailash 3, by the Numbers

Because GK-III trades thinly, treat these as indicative levels for property in Greater Kailash 3 rather than a rate card. The land figure is the anchor; the floor prices follow from it, as the worked example further down shows.

Land rate (market)~₹7.5–8.5 L / sq yd

Typical plot~217–300 sq yd

New floor, 250–300 sq yd~₹6.5–8 Cr

Benchmark: GK-II new 3 BHK₹8 Cr+ on 250 sq yd

Circle-rate categoryB (GK-III)

Masjid Moth DDA FlatsCategory C

Nearest metroGreater Kailash · Magenta

Next stationsChirag Delhi · Nehru Enclave

PIN code110048

Category BGreater Kailash-III · circle rate

Land · per sq metre₹2,45,520

Per sq yard (gaj)₹2,05,286

Per sq foot₹22,810

Min. construction · per sq m₹17,400

This is the minimum registration value of the land, not its market price. Greater Kailash-III is listed in Category B with GK-I, GK-II and GK-IV, while Masjid Moth DDA Flats is listed in Category C, so confirm which one your deed names. See Delhi circle rates in full →

The third Greater Kailash, and the Masjid Moth question

Greater Kailash grew in stages. GK-I came first, then GK-II to its south-east, and as GK-II filled up, development spilled into the land between and around them, which the market came to call GK-III. Our own South Delhi map places it as a pocket between GK-I and GK-II, inside the Greater Kailash belt.

The name you will see beside it is Masjid Moth. That is the older local name for this stretch, and it covers more than one kind of property: the plotted GK-III pocket with its builder floors, the DDA flats that carry the Masjid Moth name, and the older village settlement. Listings often lump all three together as “GK-3”.

On our South Delhi map, GK-III sits in the Greater Kailash belt alongside GK-I, GK-II, Kailash Colony, Chirag Enclave and CR Park, the deepest market for new builder floors in the city, where land runs from about ₹8 to ₹11 lakh per square yard. GK-III sits toward the lower end of that range, which is exactly why it attracts buyers who want the belt without the GK-II ticket.

For anyone buying property in Greater Kailash 3, that matters more than the history. The plotted pocket is where the new stilt-plus-four floors are, on plots of roughly 217 to 300 sq yd. The DDA flats are a different product, in a lower circle-rate band, and older village properties need a different kind of title check altogether.

Typical property in Greater Kailash 3: a new stilt-plus-four floor on a mid-size plot.

Pricing property in Greater Kailash 3 from the land up

Property in Greater Kailash 3 has few recorded sales, and when a colony is like that, the most reliable way to price a floor is to start with the land. Here is the arithmetic we use for a new floor on a 250 sq yd plot in GK-III, using the land rate in this guide and the land shares common on new South Delhi floors.

₹19–21 CrLand · 250 sq yd plot
At roughly ₹7.5–8.5 lakh per square yard, the whole plot is worth about ₹19–21 crore as land before anything is built on it.
₹4.2–4.8 CrLand in one floor · 22.5% share
New first, second and third floors usually carry 22.5% of the land. That share alone is worth around ₹4.2–4.8 crore.
~₹6.5–7.5 CrNew floor · indicative
Add a quality build, lift, stilt parking, approvals and a builder’s margin, and a new floor lands in roughly this band. Larger plots, park-facing positions and stronger builders push it toward ₹8 crore.

How to use this

If an asking price sits far above this band, ask what justifies it: a bigger land share, a larger plot, a park or a corner. If it sits far below, ask what is missing: a lift, parking, a sanctioned plan, or a clean title. In a thin market, the land maths is the honest benchmark.

The same logic explains why floors in one GK-III building are priced differently. A basement-plus-ground unit usually carries 32.5% of the land (10% for the basement and 22.5% for the ground), so it costs more than the floors above it despite similar living space, while a top floor with terrace rights earns its own premium. Ask which land share and which rights a quoted price covers before you compare two floors.

For comparison, our current GK-II starting points are ₹8 crore for a new 3 BHK on 250 sq yd and ₹9 crore for a new 4 BHK on 300 sq yd. See floor prices by colony →

Greater Kailash 3 property and its neighbours

We do not hold a layout plan for GK-III, the plotted pocket where most property in Greater Kailash 3 sits, so this guide does not draw its lanes or blocks. What we can describe is what surrounds it, because in a small pocket the neighbours decide a lot of the daily experience.

Greater Kailash I

The first and best-known GK, with its M Block market and lettered blocks. GK-III shares its shops, schools and clubs.

For GK-III buyers: the GK-I M Block market within a short drive.

Greater Kailash II

The colony GK-III is priced against. Bigger plots on average, its own M Block market and a city forest on one edge.

For GK-III buyers: the same address family at a lower ticket.

Greater Kailash metro

An underground Magenta Line station at Masjid Moth, between Chirag Delhi and Nehru Enclave, with direct runs west to Hauz Khas and the domestic airport terminal.

For GK-III buyers: one of the shortest metro walks in the GK belt.

Nehru Place

One of Delhi’s largest office and IT districts sits a short drive east, along with the hospitals around it.

For GK-III buyers: steady tenant demand from professionals.

GK Enclave and Chirag Enclave

Smaller plotted pockets around the Outer Ring Road side of the belt, each with its own character and price level.

For GK-III buyers: useful comparables when GK-III itself has none.

Jahanpanah City Forest

The long city forest that runs along the GK side of South Delhi, used by walkers and cyclists every morning.

For GK-III buyers: green space within a short drive or walk, depending on the lane.

A new floor, a resale floor, or a plot to rebuild?

A new floor

Most of what is marketed in GK-III today. Expect roughly ₹6.5–8 crore on a 250–300 sq yd plot, depending on the plot and the builder. Insist on the sanctioned plan, the completion certificate and the land share in the deed.

A resale floor

Floors built in the last ten to fifteen years come up from time to time and usually sell below new. Check the lift, parking and waterproofing; at these plot sizes the building matters more than in the large-plot colonies.

A plot to rebuild

Rare, but it happens. Price the land at the going rate per square yard, then budget for demolition, a fresh sanction and construction. Confirm first that the plot is in the plotted GK-III pocket and not a village or DDA property.

The Jahanpanah City Forest gives the GK belt its green edge.

Living in Greater Kailash 3

Daily life around property in Greater Kailash 3 borrows from its neighbours. The M Block markets of GK-I and GK-II handle shopping and eating out, Nehru Place handles work and hospitals, and the Kailash Colony and CR Park markets are a short drive away. Inside the pocket itself, lanes are residential and the new buildings have brought a younger, working crowd.

The location is the strongest card. The Delhi Metro’s Greater Kailash station on the Magenta Line sits at Masjid Moth, with Chirag Delhi and Nehru Enclave on either side, and the Outer Ring Road runs along the edge of the belt. For schools, families in GK-III draw on the same set as GK-I and GK-II, including K.R. Mangalam in GK-II, Bluebells in Kailash Colony and Tagore International in East of Kailash, all covered in our school map.

The trade-offs are the usual ones for a pocket next to a main road: traffic at peak hours on the approach roads, tighter lanes than the older GKs and less of a self-contained colony feel, since there is no GK-III market of its own to match the M Blocks.

The rental market in GK-III

Tenants for property in Greater Kailash 3 are largely professionals and young families who want the GK address and the metro, often working in Nehru Place or commuting along the Magenta Line. New floors with a lift and allotted parking let fastest.

Rents track GK-II’s at a discount that reflects smaller plots and the lack of a home market. Because the purchase price is also lower, yields can be a little better than in GK-II, but we quote each floor against current comparables rather than a colony average, since GK-III has too few deals for an average to mean much.

What a GK-III transaction costs on top of the price

A floor registered as Greater Kailash-III is valued on the Category B circle rate of ₹2,45,520 per square metre of land, with minimum construction at ₹17,400 per square metre. Duty is charged on the higher of the deal value and the circle value; for a new floor here, the deal value is far higher.

Budget the all-in government cost: 8% in a man’s name, 6% in a woman’s name and 7% for joint ownership. In a man’s name that is 3% stamp duty, 4% MCD transfer duty and 1% registration; in a woman’s name, 2%, 3% and 1%. On a ₹7 crore floor, that comes to about ₹56 lakh in a man’s name, ₹49 lakh jointly and ₹42 lakh in a woman’s. The buyer also deducts 1% TDS against the seller’s PAN. See the full stamp duty breakdown → · Circle rate vs market rate →

Banks lend on GK-III floors against a clean title, a sanctioned plan and a registered deed, and at this ticket many buyers do take a loan. How a home loan works on a builder floor → · How building plans are sanctioned in Delhi →

Buying in Greater Kailash 3: what to verify

The exact colony name on the title papers. “Greater Kailash-III”, “Masjid Moth DDA Flats” and the older village all get sold as GK-3; each has a different circle-rate category and a different kind of title.
That the plot is part of the plotted GK-III pocket, with a sanctioned building plan from the MCD, and not a village or extended-abadi property where plans and titles work differently.
The land share written into the deed. On 217–300 sq yd plots, the difference between 22.5% and 25% is real money, so match it to the price you are paying.
The stilt parking allotment and lift. GK-III lanes are tighter than GK-II’s, so a named parking slot in the deed is worth insisting on.
The collaboration agreement if you buy from a builder, and the completion certificate for the building.
A clean title chain and a registered sale deed only, never a GPA or power-of-attorney transfer, with MCD property tax paid and mutation done after purchase.

Where deals go wrong

In Greater Kailash 3 the trap is the name. A buyer pays a GK-III plotted-floor price for something that turns out to be a Masjid Moth flat or a village property with a weaker title, and finds out only when the bank or the next buyer asks questions. Match the deed, the circle-rate category and the sanctioned plan before you talk price. The 21-point buying checklist →

Greater Kailash 3 property for sale

Property in Greater Kailash 3 comes up a few floors at a time, mostly through the local builders who rebuild its plots, and many are sold before completion.

We do not show a GK-III home on the site today. Share your budget and plot-size preference and we will tell you what is available, under construction or ready, with the papers checked.

Ask for GK-III homes →

GK-3 listings page → · All builder floors in South Delhi →

Property in Greater Kailash 3 or Greater Kailash 2?

GK-II is the safer, deeper market: larger plots on average, an M Block market of its own, many more deals to price against and a new three-bedroom floor from about ₹8 crore on 250 sq yd. GK-III gives you the same address family, the metro closer at hand and, on our land maths, a new floor roughly ₹0.5–1.5 crore cheaper on a similar plot.

Choose GK-II if resale depth and a classic colony feel matter most. Choose GK-III if you want a newer building near the metro for less, and you are willing to do more homework on the name and the papers. Compare: the Greater Kailash 2 guide → · Or the Greater Kailash 1 guide →

Where property in Greater Kailash 3 goes from here

Three forces work in favour of property in Greater Kailash 3. It shares the GK name and the GK belt’s land values, which have been among South Delhi’s most liquid. It has a metro station on the doorstep, which the older colonies do not all have. And it is still being rebuilt, so the stock of modern floors is rising, which tends to lift a pocket’s reputation along with its prices.

The risks are thin trading, which makes prices harder to prove at resale, and the naming confusion, which will keep catching careless buyers. A well-documented floor on a plotted GK-III plot should hold its ground against GK-II over time; a poorly documented one will not.

Frequently asked questions

Prices and paperwork

What does property in Greater Kailash 3 cost?

On our land maths, a new floor on a 250–300 sq yd plot lands at roughly ₹6.5–8 crore, with land at about ₹7.5–8.5 lakh per square yard. Few deals are recorded, so each floor is priced against its plot, land share and build.

What is the circle rate in GK-III?

Greater Kailash-III is listed in Category B: ₹2,45,520 per square metre of land, or about ₹2,05,286 per square yard. Masjid Moth DDA Flats is listed separately in Category C.

Is GK-III the same as Masjid Moth?

Not exactly. Masjid Moth is the older local name for the area and also covers DDA flats and an older village settlement. The plotted GK-III pocket is where the new builder floors are, so check which one a listing really means.

How big are plots in Greater Kailash 3?

Plots are typically around 217 to 300 sq yd, smaller on average than GK-II. Check the plot area and your land share on the title papers.

What extra costs apply when buying in GK-III?

Budget 6–8% of the price for registration: 8% in a man’s name, 6% in a woman’s and 7% jointly, covering stamp duty, MCD transfer duty and 1% registration. The buyer also deducts 1% TDS from the seller.

Location and daily life

Which metro station is nearest to Greater Kailash 3?

The Greater Kailash station on the Magenta Line sits at Masjid Moth, right beside the pocket. Chirag Delhi and Nehru Enclave are the next stations either way.

Where is GK-III located?

Between Greater Kailash I and Greater Kailash II, on the Outer Ring Road side of the GK belt, with Nehru Place a short drive east.

Is GK-III cheaper than GK-II?

Usually, yes. A comparable new floor in GK-III tends to cost roughly ₹0.5–1.5 crore less than in GK-II, reflecting smaller plots and a thinner market.

Who rents in Greater Kailash 3?

Mostly professionals and young families who want the GK address and the metro, many working in Nehru Place. New floors with a lift and allotted parking let fastest.

Key takeaways

Property in Greater Kailash 3 is a small plotted pocket between GK-I and GK-II, sold under the GK-III and Masjid Moth names.
Greater Kailash-III is circle-rate Category B; Masjid Moth DDA Flats is Category C, so the name on the deed matters.
Land trades at roughly ₹7.5–8.5 lakh per sq yd, which puts a new floor on 250–300 sq yd at about ₹6.5–8 crore.
The Greater Kailash metro station at Masjid Moth is GK-III’s biggest advantage over the older colonies.
Verify the colony name, the plotted status, the land share and the parking slot before you price the deal.

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Tell us your budget and we will shortlist the Greater Kailash 3 floors worth seeing, and the GK-I and GK-II alternatives at the same price. We check the name, the plan and the papers before you commit.

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Defence Colony–based consultants · Four decades in South and New Delhi real estate

GK-3 listings page → Builder Floors in South Delhi → Floor prices by colony → Best Residential Areas in South Delhi → Greater Kailash 2 guide → Greater Kailash 1 guide → Chirag Enclave guide → Chittaranjan Park guide → Kailash Colony guide → GK-III and the GK belt on the South Delhi map → Delhi circle rates by category → Stamp duty and registration charges →