South Delhi has two major real estate destinations that were primarily residential in nature but took on a distinctly commercial flavor recently, thanks to a large land auction in early 2000 by DDA. Vasant Kunj and Saket were both considered premium residential areas with a large number of residential options. However, with clusters of premium retail malls developing here, both Vasant Kunj and Saket have evolved as major retail destinations. The affluent residential populace in the region has led to a high-profile positioning for the malls and a healthy rate of footfalls. Both areas are also on the Delhi-Gurgaon Metro
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