Eleannt Enterprises has acquired a 1,280-square yard plot in Vasant Vihar for Rs 95 crore, in one of the costliest land deals in South Delhi. The South Delhi-based real estatefirm has paid Rs 6.65 crore as stamp duty and corporation tax, according to the copy of sale deed accessed by ET. Lokeshh Goyal, director of Eleannt Enterprises, declined to comment on the deal. “Finding a plot in South Delhi is very rare as there is limited availability. Multiple builders are also on the lookout for plot to construct four floors and sell them independently,” said Pradeep Prajapati, founder of boutique real estate consultancy firm Wealthvisory Capital.Recently, Golden Growth Fund (GGF), a Category-II real estate-focused alternative investment fund (AIF), acquired a land parcel in Neeti Bagh in South Delhi, with a revenue potential of Rs 100 crore through the sale of boutique apartments catering to the HNIs/UHNIs.The AIF—launched in September 2024 with a commitment to raise Rs 400 crore to acquire land in South and Lutyens Delhi—had in October last year acquired a land parcel in Anand Niketan. The real estate potential of South Delhi, one of India’s poshest regions, is worth Rs 5.65 lakh crore across 42 MCD regulated colonies with plots (occupied and vacant) in Category A & B colonies accounting for majority of it, , according to industry data.Around 18,446 plots are available across the 42 Category A, and & C colonies in South Delhi with size ranging from 125 square yard to 1,750 sq yd. The average price is anywhere between Rs 6-15 lakh per square yard, data showed.The Municipal Corporation of Delhi (MCD) has divided all colonies of Delhi under eight categories – A, B, C, D, E, F, G and H.Circle rates, property tax rates and stamp duty charges for property registration are based on these categories. The most lucrative Category A and B colonies are mostly in South Delhi.Around 3,704 plots are available in the 13 category A colonies, with size ranging from 200 sq yd to 1,200 sq yd, while around 12,720 plots are available in the 27 Category B colonies with size ranging from 125 sq yd to 1,750 sq yd, data showed.Category A and B colonies include Mayfair Garden, Panchsheel Park N Block, Panchsheel Park S & E Blocks, Sadhana Enclave, Anand Niketan, Vasant Vihar, Shanti Niketan, Westend, Chanakyapuri, Golf Links, Jor Bagh, Sundar Nagar, Maharani Bagh, Chirag Enclave, GK, Green Park, Gulmohar Park, and Niti Bagh, among others.