Delhi
Gujranwala Town continues to maintain its status as a sought-after residential destination in Delhi, characterized by consistent price appreciation and a strong rental market. The current average rate for residential apartments stands at ₹20,000 per sq ft, marking a positive growth of 2.64% over the recent period. Rental demand is equally steady, with 3 BHK apartments commanding an average monthly rent of ₹39,000. Surrounding localities like Model Town and Ashok Vihar also exhibit stable rental benchmarks, further solidifying the region's appeal for both end-users and investors.
As of Jun 2026, the average asking price in Gujranwala Town is ₹20,000 per sq ft. This rate has remained stable, showing a 0% change compared to previous periods, which suggests a balanced market environment for potential buyers and sellers in this locality.
The micromarket rate in Gujranwala Town has shown an upward trajectory, increasing from ₹12,150 per sq ft in Mar 2026 to ₹13,850 per sq ft as of Jun 2026. This consistent quarterly growth from Sep 2025 indicates strengthening demand and positive market sentiment within the area.
Ready To Move properties in Gujranwala Town are currently priced at an average of ₹10,850 per sq ft as of Jun 2026. Notably, this segment has seen significant appreciation, rising by 28.18% compared to the previous period, reflecting high demand for immediate possession homes over the broader market average of ₹20,000 per sq ft.
Property rates vary significantly across the vicinity of Gujranwala Town as of Jun 2026. Model Town commands a higher average rate of ₹17,200 per sq ft, having appreciated by 4.49%, while Shastri Nagar stands at ₹9,750 per sq ft with a 2.26% appreciation. Conversely, areas like Shalimar Bagh at ₹12,500 per sq ft and Pitampura at ₹11,850 per sq ft have experienced depreciation of 3.62% and 25.81% respectively, highlighting diverse investment landscapes in the region.
As of Jun 2026, 3 BHK apartments in Gujranwala Town command an average monthly rent of ₹39,000. This rental figure provides a clear benchmark for tenants looking for spacious residential options in the locality and serves as a key indicator for landlords assessing potential rental income.
Rental rates across the surrounding micromarkets, including Model Town, Ashok Vihar, Mukherjee Nagar, and Tagore Park, are consistently priced at ₹50 per sq ft as of Jun 2026. This uniform rental pricing across these diverse areas indicates a stable and standardized rental market in the broader region, with 0% change in rates observed recently.
Investors should view the Gujranwala Town market as one with distinct segmentation, where the average asking price of ₹20,000 per sq ft for apartments contrasts with the more accessible ₹10,850 per sq ft for Ready To Move projects as of Jun 2026. By tracking the micromarket rate growth from ₹12,150 in Mar 2026 to ₹13,850 in Jun 2026, investors can gauge the momentum of capital appreciation while balancing it against the steady rental benchmarks found in nearby areas.
