Delhi
The real estate market in Gujranwala Town is characterized by a firm pricing structure, with residential apartments currently averaging ₹20,000 per sq ft. This steady growth is supported by a 2.64% increase in apartment valuations, signaling sustained demand among homebuyers. Rental activity is equally robust, particularly for 3 BHK apartments which command an average monthly rent of ₹39,000. Surrounding localities like Model Town and Ashok Vihar contribute to the broader regional rental landscape, where average rates hover around ₹50 per sq ft.
As of Sep 2026, the average asking price in Gujranwala Town is ₹20,000 per sq ft. This rate has remained stable with no change recorded, reflecting a steady market environment in the locality for residential apartments.
The micromarket rate in Gujranwala Town has shown a fluctuating trend, moving from ₹12,250 per sq ft in Dec 2025 to ₹12,150 per sq ft in Mar 2026, then rising to ₹13,800 per sq ft in Jun 2026, before settling at ₹13,700 per sq ft as of Sep 2026. These movements indicate a dynamic market where pricing adjustments occur periodically, reflecting changing demand and supply conditions within the area.
Property rates in Gujranwala Town are positioned at a premium compared to several neighbouring localities. For instance, the average asking price in Shastri Nagar is ₹9,400 per sq ft, Shalimar Bagh is ₹11,550 per sq ft, and Pitampura is ₹15,700 per sq ft. Pitampura has seen its rates appreciate by 6.26% over the observed period, while Shakurpur, which features commercial office space, commands a higher average asking price of ₹23,500 per sq ft, having appreciated by 9.98%.
Ready-to-move properties in Gujranwala Town are currently available at an average price of ₹9,250 per sq ft as of Sep 2026, a rate that has remained stable with no change. In contrast, the broader apartment segment in the locality is priced at an average of ₹20,000 per sq ft, which has appreciated by 2.64% compared to previous data points. This difference highlights the premium associated with specific apartment configurations versus the available ready-to-move inventory.
As of Sep 2026, 3 BHK apartments in Gujranwala Town command an average monthly rent of ₹39,000. This rental figure provides a benchmark for tenants looking for spacious residential units in the area, reflecting the current demand for larger family-oriented housing configurations.
Rental rates across neighbourhoods surrounding Gujranwala Town are remarkably consistent, with most areas such as Model Town Phase 1, Model Town Phase 2, Tagore Park, Ashok Vihar, and Mukherjee Nagar recording an average rental rate of ₹50 per sq ft as of Sep 2026. While many of these areas have seen stable rental pricing, Model Town 3 has experienced a notable appreciation of 12.82%, and Ashok Vihar has seen a 5.13% appreciation, while Hakikat Nagar recorded a 2.94% appreciation, indicating pockets of rising rental demand in these specific zones.
