Property in Panchsheel Enclave currently starts at about ₹9.5 crore for a new three-bedroom builder floor on a 250 sq yd plot. That is roughly half the ticket of Panchsheel Park, for land that trades in the same band per square yard.
Panchsheel Enclave is a compact, planned colony of four lettered blocks, A, B, C and D. Most of it sits in the angle where Josip Broz Tito Marg meets the Outer Ring Road near Chirag Delhi, while the A block lies apart, across a nallah, beside a district park. Nearly every plot on the colony plan measures about 9 by 24 metres, which works out to roughly 258 sq yd. That one fact shapes almost everything about the market here.
Because the plots are uniform, the product is uniform too. A typical rebuilt plot gives four floors of around 1,900 sq ft each, with stilt parking below, and a buyer is usually choosing between a three-bedroom floor and a top floor with a terrace. So the real differences are the block, the lane, whether the plot backs onto a park, and how far it sits from the two main roads.
SouthDelhiFloors insightIn Panchsheel Enclave you are not paying for a big plot. You are paying for a Panchsheel address, a metro at the corner and new construction at a price Panchsheel Park cannot match. Judge a floor on its block, its outlook and its builder, because the plot sizes barely change from one house to the next.