Delhi
Gujranwala Town maintains a robust real estate profile with an average asking price of ₹20,000 per sq ft, marking a positive shift over recent quarters. The residential sector remains the primary focus, as apartment values continue to appreciate at a rate of 2.64%. Rental demand is equally steady, with 3 BHK units commanding monthly rents of ₹39,000. Meanwhile, the surrounding micromarkets show diverse rental activity, with several key neighborhoods consistently averaging ₹50 per sq ft.
As of June 2026, the average asking price in Gujranwala Town stands at ₹20,000 per sq ft. This rate has remained stable, showing a 0% change, which indicates a period of price consistency in the local residential market.
The micromarket rate in Gujranwala Town has shown an upward trajectory, rising from ₹12,150 per sq ft in March 2026 to ₹13,800 per sq ft as of June 2026. This increase suggests growing demand or tightening supply within the immediate vicinity, reflecting a positive shift for property owners and investors over the last quarter.
Property prices vary significantly across the surrounding neighbourhoods. As of June 2026, Pitampura has an average asking price of ₹14,800 per sq ft, which has appreciated by 24.84% from the previous period. Meanwhile, Shakurpur, which primarily features commercial office space, maintains an average rate of ₹21,350 per sq ft with no recorded price change.
As of June 2026, Ready To Move properties in Gujranwala Town are available at an average price of ₹9,250 per sq ft. This segment has seen a depreciation of 14.81% compared to the previous period, which may signal a market correction or an adjustment in inventory pricing for completed residential units.
As of June 2026, 3 BHK apartments in Gujranwala Town command an average rent of ₹39,000 per month. This rental benchmark provides a clear reference point for tenants seeking spacious residential options in the area, reflecting the current market value for established apartment living.
Rental rates are remarkably uniform across several neighbouring areas as of June 2026. Locations including Model Town Phase 1, Model Town Phase 2, Model Town 3, Tagore Park, Ashok Vihar, Ashok Vihar Phase 2, Outram Lines, Model Town, Hakikat Nagar, and Mukherjee Nagar all maintain an average rental rate of ₹50 per sq ft. This consistent pricing across these diverse localities indicates a stable rental environment in this part of Delhi.
