Grey Beard Real Estate
Every April, Grey Beard publishes two documents: an Annual Letter from Ashutosh Bhogra, and an Annual Market Report on South Delhi residential. Both are published openly, without a form or a gate.
Annual Letter
FY 2025-26
Ashutosh Bhogra's own account of the year — what Grey Beard did, what it did not do, what the market did, and what comes next. Written in plain language, without footnotes.
Read →Market Report
South Delhi Residential — State of the Market, FY 2025-26
16 pages of pricing data, supply analysis, NRI demand drivers, cross-market comparisons against Gurgaon, Mumbai, and Bangalore, and the FY 2026-27 outlook. Sources cited throughout.
Read →The next Annual Letter and Annual Market Report will be published in April 2027.
About these publications
The Annual Letter is written by Ashutosh Bhogra in his own voice — what Grey Beard did, what it did not do, and what it expects ahead. It is not a press release. It is not a brochure. It is the clearest account he can give of the year and of the market Grey Beard operates in.
The Annual Market Report is a data-led document drawing on external research from the leading Indian consultancy houses — Anarock, Knight Frank, JLL, Colliers, Golden Growth Fund — alongside Grey Beard's own twenty years of direct transactional experience in South Delhi. Everything quoted is attributed to its source.
Both documents are published openly. No form. No gate. If you find them useful, we are glad. If you have questions, write to us at [email protected].