India, May 12 -- South Delhi continued to outperform the broader housing market, with luxury floor prices rising by up to 32% in the first quarter of 2026, defying the wider slowdown in the real estate sector triggered by the ongoing US-Iran war, according to a report by Golden Growth Fund.

According to the report, the price growth of luxury floors in South Delhi has defied the slowdown in the broader real estate market across India amidst the West Asia conflict and the residual decline from the past year.

"Category B colonies outperformed Category A colonies in price growth in Q1 2026 with the former growing between 23-32% as against 14-22% in the latter. In value terms, however, the price of floors in Category A ranges between Rs.19.5...