Squareyards Logo
Blogs
Sell or Rent Property
Login
Insights

Insights for Delhi Real Estate Market Overview

Delhi’s real estate landscape displays a dynamic mix of established residential hubs and evolving commercial sectors, with an average city-wide asking price of ₹18,350 per sq ft. Recent quarterly data indicates a steady recovery from late 2025 levels, showcasing resilience across major micromarkets. The rental segment provides a balanced yield of 2.29%, driven by diverse unit types ranging from studio apartments to expansive 6-bedroom homes. Developers are actively focusing on ready-to-move projects to cater to immediate occupancy needs in a competitive market.

  • South Delhi remains the most expensive residential pocket, recording an average rate of ₹25,400 per sq ft with a 7.22% growth.
  • West Delhi has emerged as a high-growth zone, witnessing a significant 9.05% increase in property values.
  • The office space segment currently averages ₹19,400 per sq ft, despite a sharp market correction in recent periods.
  • New launch projects are seeing a 16.12% price surge, highlighting strong demand for modern, freshly developed inventory.
  • Retail and showroom rentals are performing strongly, with average rates reaching ₹150 per sq ft, reflecting a 13.7% increase for shops.

Market Strengths
  • South Delhi maintains a strong luxury benchmark with rates at ₹25,400 per sq ft.
  • West Delhi demonstrates robust market momentum with a 9.05% value increase.
  • The city offers a vast inventory of 710 Ready To Move units for immediate possession.
  • Rental demand remains strong, with 6+ BHK units commanding up to ₹5.68 Lakh per month.
  • Shop property types continue to command a high premium of ₹1.25 Lakh per sq ft.
Market Challenges
  • Central Delhi property rates have faced a decline of -6.44% in recent trends.
  • Under construction projects have seen a price correction of -11.56%.
  • Office space asking prices have experienced a significant -39.48% change, reflecting market volatility.
  • Villa prices have decreased by -31.64% as buyers shift focus to other residential categories.
  • Average rental rates for showrooms have seen a decline of -10.11%.
Investment Opportunities
  • High rental yields of 2.29% offer steady income potential for residential property owners.
  • West Delhi shows strong capital appreciation potential with a 9.05% growth rate.
  • New launch residential projects are seeing a 16.12% price increase, indicating high demand for new supply.
  • Shop rentals in the commercial sector have surged by 13.7%, making them a high-growth leasing asset.
  • Office space rentals are showing recovery with a 12.33% increase, improving the outlook for commercial investors.
Top Micromarkets in Delhi

North Delhi

Avg Price ₹ 12,150 /Sq.Ft.
YOY -0.76 %
Avg Rent ₹ 30 /Sq.Ft.
YIELD + 2.96
LISTINGS 2,672

South Delhi

Avg Price ₹ 25,400 /Sq.Ft.
YOY + 7.22 %
Avg Rent ₹ 43 /Sq.Ft.
YIELD + 2.03
LISTINGS 10,000

East Delhi

Avg Price ₹ 12,150 /Sq.Ft.
YOY + 2.83 %
Avg Rent ₹ 28 /Sq.Ft.
YIELD + 2.77
LISTINGS 2,685

West Delhi

Avg Price ₹ 18,350 /Sq.Ft.
YOY + 9.05 %
Avg Rent ₹ 32 /Sq.Ft.
YIELD + 2.09
LISTINGS 3,551

Central Delhi

Avg Price ₹ 23,750 /Sq.Ft.
YOY -6.44 %
Avg Rent ₹ 45 /Sq.Ft.
YIELD + 2.27
LISTINGS 1,065
Price Trend

Delhi Property Price Trends and Appreciation

Property rates in Delhi have shown a consistent upward trajectory, moving from ₹16,400 per sq ft in September 2025 to the current ₹18,350 per sq ft. This steady appreciation reflects growing confidence in the capital's real estate market. Quarterly adjustments highlight a clear recovery phase, particularly as the city rate stabilized at ₹18,300 per sq ft in June 2026 before firming up to current levels.
Asking Price Trends
₹ 18,350/Sq.Ft + 3.17 % QoQ
Sep 2025 — Jun 2026
Quarter City Rate
Jun 2026 18300
Mar 2026 18350
Dec 2025 17800
Sep 2025 16400
About Asking Price Trends
Delhi Property Price Comparison
  • By Micromarket
  • By Property Type
  • By Property Status
Micro Market Rate (₹/Sq.Ft) Change %
West Delhi 18,350 9.1
North Delhi 12,150 -0.8
East Delhi 12,150 2.8
Dwarka 15,300 2.1
Central Delhi 23,750 -6.4
South Delhi 25,400 7.2
South Delhi leads the city's value hierarchy, commanding a premium average of ₹25,400 per sq ft, which is significantly higher than the city average. Central Delhi follows with rates at ₹23,750 per sq ft, although it experienced a recent decline of -6.44%. Meanwhile, West Delhi is a key growth driver, with its average rate of ₹18,350 per sq ft marking a strong 9.05% increase, positioning it as a highly attractive area for investors.
Type Rate (₹/Sq.Ft) Change %
Shop 1,25,000 4.5
Office Space 19,400 -39.5
Villa 52,600 -31.6
Apartment 18,300 -0.4
Delhi's market offers diverse asset classes, with shops leading the commercial segment at an average of ₹1.25 Lakh per sq ft, reflecting a 4.5% increase. Residential apartments, the most common property type, average ₹18,300 per sq ft with a marginal fluctuation of -0.39%. Office spaces and villas round out the market, with values adjusting to current demand patterns at ₹19,400 per sq ft and ₹52,600 per sq ft, respectively.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 1,028 13,720 -1.7
Under Construction 11 14,050 -11.6
New Launch 5 11,550 16.1
The Delhi market offers a wide spectrum of supply, with Ready To Move inventory totaling 710 units at an average of ₹13,550 per sq ft. For those looking for newer developments, the market features 5 new launch projects priced at ₹11,550 per sq ft, which have seen a significant 16.12% price increase. Under construction units remain a viable option for long-term buyers, currently priced at ₹14,050 per sq ft.
Rental Trends

Rental Trends and Average Rent in Delhi

Rental rates vary significantly by unit size, with studio apartments averaging ₹18,400 per month. Larger family homes, such as 3 BHK units, command an average of ₹87,950 per month, while luxury 6+ BHK properties reach up to ₹5.68 Lakh per month, reflecting the diverse residential rental demand in the city. Commercial properties are driving rental growth, with both shops and showrooms averaging ₹150 per sq ft. Office space rentals have seen a 12.33% increase, now averaging ₹100 per sq ft, while residential apartments maintain a steady rental rate of ₹50 per sq ft with an 8.57% growth.
Delhi Rent Comparison
  • By Unit Type
  • By Property Type
Unit Type Rate (₹)
Studio 18,400
1 Bhk 21,100
2 Bhk 35,250
3 Bhk 87,950
4 Bhk 2,35,300
5 Bhk 3,20,650
6 Bhk 4,33,950
6+ Bhk 5,68,300
Rental rates vary significantly by unit size, with studio apartments averaging ₹18,400 per month. Larger family homes, such as 3 BHK units, command an average of ₹87,950 per month, while luxury 6+ BHK properties reach up to ₹5.68 Lakh per month, reflecting the diverse residential rental demand in the city.
Property Type Rate (₹/Sq.Ft) Change %
Showroom 150 -10.1
Shop 150 13.7
Office Space 100 12.3
Villa 50 18.5
Apartment 50 8.6
Commercial properties are driving rental growth, with both shops and showrooms averaging ₹150 per sq ft. Office space rentals have seen a 12.33% increase, now averaging ₹100 per sq ft, while residential apartments maintain a steady rental rate of ₹50 per sq ft with an 8.57% growth.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 38,600 /Sq.Ft
Govt Registration Rate ₹ 18,550 /Sq.Ft
Avg. Asking Price ₹ 19,300 /Sq.Ft
Govt Registration Rate ₹ 13,900 /Sq.Ft
Avg. Asking Price ₹ 15,350 /Sq.Ft
Govt Registration Rate ₹ 9,600 /Sq.Ft
Avg. Asking Price ₹ 12,950 /Sq.Ft
Govt Registration Rate ₹ 8,650 /Sq.Ft
Avg. Asking Price ₹ 12,100 /Sq.Ft
Govt Registration Rate ₹ 5,950 /Sq.Ft
Avg. Asking Price ₹ 11,750 /Sq.Ft
Govt Registration Rate ₹ 9,150 /Sq.Ft
Avg. Asking Price ₹ 9,300 /Sq.Ft
Govt Registration Rate ₹ 3,800 /Sq.Ft
Avg. Asking Price ₹ 7,900 /Sq.Ft
Avg. Asking Price ₹ 6,700 /Sq.Ft
Govt Registration Rate ₹ 2,950 /Sq.Ft
Avg. Asking Price ₹ 6,400 /Sq.Ft

Top Localities in Delhi By Property Prices

Avg. Asking Price ₹ 76,200 /Sq.Ft
Avg. Asking Price ₹ 73,650 /Sq.Ft
Avg. Asking Price ₹ 60,150 /Sq.Ft
Avg. Asking Price ₹ 50,400 /Sq.Ft
Avg. Asking Price ₹ 48,350 /Sq.Ft
Avg. Asking Price ₹ 43,450 /Sq.Ft
Avg. Asking Price ₹ 39,700 /Sq.Ft
Avg. Asking Price ₹ 34,400 /Sq.Ft
Avg. Asking Price ₹ 34,200 /Sq.Ft
Avg. Asking Price ₹ 32,500 /Sq.Ft
FAQ

Frequently Asked Questions About Property Rates in Delhi

What is the current average asking price in Delhi?

As of June 2026, the average asking price in Delhi stands at ₹18,350 per sq ft. This figure reflects a market appreciation of 3.17% compared to previous periods, indicating a resilient demand for residential property across the city.

How have property prices in Delhi trended over the last few quarters?

Property prices in Delhi have shown a fluctuating trajectory, moving from ₹16,400 per sq ft in September 2025 to ₹17,800 per sq ft in December 2025, reaching ₹18,350 per sq ft in March 2026, and settling at ₹18,300 per sq ft as of June 2026. This recent stabilization suggests that the market is currently balancing between buyer demand and available supply.

Which areas in Delhi have the highest and lowest average asking prices?

South Delhi currently commands the highest average asking price in the city at ₹25,400 per sq ft, having appreciated by 7.22% over the observed period. In contrast, North Delhi and East Delhi represent more accessible entry points, both recording an average asking price of ₹12,150 per sq ft, though North Delhi has seen a slight depreciation of 0.76% compared to the 2.83% appreciation observed in East Delhi.

How do property prices vary by property type in Delhi?

As of June 2026, villas are the most premium asset class in Delhi, priced at ₹52,600 per sq ft, despite a significant depreciation of 31.64% compared to the prior period. Office spaces are priced at ₹19,400 per sq ft, reflecting a sharp depreciation of 39.48%, while apartments are priced at ₹18,300 per sq ft, showing a marginal depreciation of 0.39%. Shops remain a high-value segment at ₹1.25 Lakh per sq ft, having appreciated by 4.5%.

What is the price difference between Ready To Move and Under Construction properties in Delhi?

As of June 2026, Ready To Move properties in Delhi are priced at an average of ₹13,550 per sq ft, which has depreciated by 2.77% over the measured period. Under Construction projects are currently priced at ₹14,050 per sq ft, reflecting a notable depreciation of 11.56%, which may offer value-seeking buyers an opportunity to enter the market at a lower cost than previous benchmarks.

What is the average rental yield in Delhi and what does it signify for investors?

The average rental yield in Delhi is currently 2.29% as of June 2026. This yield represents the annual rental income relative to the capital investment, serving as a key metric for investors to assess the income-generating potential of their residential assets in the current market.

What is the average rental rate in Delhi and how has it changed?

As of June 2026, the average rental rate in Delhi is ₹35 per sq ft, which has seen a depreciation of 10.26% compared to the previous period. This adjustment in rental rates reflects broader shifts in the leasing market and provides a baseline for tenants and landlords to evaluate current market conditions.

How do rental rates vary across different BHK configurations in Delhi?

Rental rates in Delhi scale significantly with unit size, starting from ₹18,400 per month for a Studio apartment. Rates progress to ₹21,100 per month for a 1 BHK, ₹35,250 per month for a 2 BHK, and ₹87,950 per month for a 3 BHK. For larger luxury configurations, 4 BHK units average ₹2.35 Lakh per month, 5 BHK units reach ₹3.21 Lakh per month, and 6 BHK units command ₹4.34 Lakh per month, with 6+ BHK units averaging ₹5.68 Lakh per month as of June 2026.

How do rental rates for different property types compare in Delhi?

As of June 2026, showrooms and shops command the highest rental rates in Delhi at ₹150 per sq ft, with shops showing a strong appreciation of 13.7%. Office spaces follow at ₹100 per sq ft, having appreciated by 12.33%. Residential assets like villas and apartments both average ₹50 per sq ft, with villas showing a significant appreciation of 18.52% and apartments appreciating by 8.57%.

How should a buyer interpret the property rate data provided for Delhi?

Buyers should use this data to benchmark current asking prices against historical trends, such as the June 2026 average of ₹18,350 per sq ft. By comparing the appreciation or depreciation percentages across different micromarkets and property statuses, investors can identify which areas or segments are currently experiencing price corrections or growth, allowing for more informed decision-making regarding timing and location.

Country/City