Delhi
Gulmohar Park remains a prominent residential address in Delhi, characterized by high-value real estate and a robust rental ecosystem. Current market data indicates a stable asking price of ₹39,250 per sq ft, reflecting the locality's enduring appeal among affluent buyers. The rental market is particularly active, offering a healthy 2.42% yield and a wide spectrum of configurations to suit various lifestyle needs. While property prices have seen recent fluctuations, the depth of the rental market provides consistent opportunities for investors and residents alike.
As of June 2026, the average asking price in Gulmohar Park is ₹39,250 per sq ft. This figure represents a depreciation of 4.99% compared to the previous period, reflecting a recent market adjustment in this premium locality.
Property prices in Gulmohar Park have shown a mixed trajectory from September 2025 to June 2026. The location rate moved from ₹42,950 per sq ft in September 2025 to ₹41,300 in December 2025, reaching ₹39,250 in March 2026 and settling at ₹37,550 per sq ft by June 2026. This downward trend in the location rate suggests a softening in seller expectations or a change in the composition of available inventory over the last three quarters.
Gulmohar Park, with an average asking price of ₹39,250 per sq ft, remains one of the premium residential pockets in South Delhi. For comparison, nearby areas show varying price points: Defence Colony commands a higher average of ₹42,500 per sq ft (which appreciated by 0.6% from the prior period), while Green Park is priced at ₹32,100 per sq ft (appreciating by 1.35%). Other surrounding areas like Hauz Khas at ₹30,700 per sq ft and Safdarjung Enclave at ₹30,600 per sq ft offer relatively more accessible entry points compared to the premium rates found in Gulmohar Park.
As of June 2026, villas in Gulmohar Park are priced at an average of ₹1.15 Lakh per sq ft, which reflects a depreciation of 6.55% compared to the previous period. In contrast, apartments are priced significantly lower at ₹37,550 per sq ft, which has also seen a depreciation of 4.28% over the same timeframe. This substantial price gap highlights the premium commanded by independent villa properties in the locality compared to standard apartment units.
The average rental rate in Gulmohar Park is ₹79 per sq ft as of June 2026, with rates remaining stable at 0% change compared to the previous period. The locality offers a rental yield of 2.42%, which serves as a key metric for investors to evaluate the income-generating potential of their property relative to the capital investment required for a purchase in this high-value area.
Rental rates in Gulmohar Park scale significantly with the size of the unit, catering to a diverse range of tenant profiles. As of June 2026, a 1 BHK apartment rents for an average of ₹52,000 per month, while a 2 BHK unit averages ₹71,650 per month. For larger requirements, a 3 BHK unit commands an average of ₹1.67 Lakh per month, and a 4 BHK unit is available at an average of ₹3.08 Lakh per month. These figures provide a clear benchmark for both landlords and tenants regarding the monthly cost of living in the locality.
The average rental rate for apartments in Gulmohar Park is ₹100 per sq ft as of June 2026. This rate has experienced a depreciation of 3.8% compared to the previous period, indicating a slight softening in the rental market for apartment-style living in this area.
Investors should view the current average asking price of ₹39,250 per sq ft in June 2026 alongside the recent depreciation trends to assess entry points. While the area is a high-value residential hub, the 4.99% depreciation in the overall market rate suggests that buyers may currently have more leverage in negotiations. By comparing this with the 2.42% rental yield, investors can balance the potential for long-term capital appreciation against the immediate cash flow generated through leasing.
