What is the price per square foot in Gulmohar Park?
New builder floors trade around ₹40,000–47,000 per sq ft, with the wider market averaging near ₹42,000–43,000. Sound resale floors run 20–30% below new construction on the same land share.
How much does a 4 BHK builder floor cost in Gulmohar Park?
Typically ₹14–22 crore for new construction, with the full market spanning roughly ₹3 crore (smaller or older resale) to ₹35 crore and above (large plots, new build, park-facing), depending on plot size, block and floor.
Is Gulmohar Park a Category A or Category B colony?
Gulmohar Park is circle-rate Category B, alongside Greater Kailash, Defence Colony, Green Park, Neeti Bagh and Anand Lok. Its land is valued at ₹2,45,520 per square metre under the rates still in force, though its market prices sit toward the upper part of that band.
What are the blocks in Gulmohar Park?
The colony has four blocks — A, B, C and D — across 43 acres, with 13 parks, the Gulmohar Club and sports ground, and a DDA market. Block A is south along Khel Gaon Road, B is west along Balbir Saxena Marg, C is north around the sports ground, and D is east toward Niti Bagh.
What rent does a Gulmohar Park floor earn?
A typical 4 BHK floor lets for around ₹2–4 lakh a month, with larger furnished floors higher. Gross yields are modest — around 2% — because buyers pay for land and lifestyle, not cashflow. The tenant pool skews to corporate, diplomatic and expatriate families.
Which is the nearest metro station to Gulmohar Park?
Green Park on the Yellow Line is the nearest station, roughly a kilometre and a half away, with AIIMS station a little beyond. August Kranti Marg, Sri Aurobindo Marg and the Outer Ring Road run alongside for road access to the airport, Gurugram and central Delhi.
Who lives in Gulmohar Park?
Founded by journalists in the 1970s, Gulmohar Park has long been home to writers, journalists, senior lawyers, judges and business families across four generations — and, famously, Amitabh Bachchan’s Delhi residence. It reads as a quiet, green, community-minded colony with its own club rather than a busy market address.
What extra costs apply when buying?
Budget roughly 5–7.5% over the price: stamp duty of 4–6% (depending on whose name it is registered in), 1% registration, plus legal fees and brokerage. Duty is charged on the higher of transaction value or circle value; in Gulmohar Park the market figure is almost always higher.