Property Rates in IP Extension, Delhi

The IP Extension property market in Delhi is currently valued at an average asking price of ₹13,370 per sq ft. Analysis of the latest price trends reveals a notable uptick in location rates, moving from ₹13,759 per sq ft in September 2025 to ₹14,129 per sq ft by December 2025. Concurrently, the broader micromarket has experienced substantial growth, with rates increasing from ₹7,916 per sq ft in March 2025 to ₹11,815 per sq ft by December 2025, signaling a positive momentum in the region. Comparing IP Extension with its neighbors, it stands competitively against areas like Patparganj (₹13,431 per sq ft) and Hasanpur (₹13,588 per sq ft), though it remains more accessible than the premium Preet Vihar (₹30,133 per sq ft) which has seen significant appreciation. The market is predominantly characterized by apartment properties, which currently average ₹13,370 per sq ft, despite a slight overall dip of -5.37% in this segment. In terms of property status, Ready To Move units form the largest segment, with 67 units available at an average of ₹12,590 per sq ft, offering immediate possession options. However, 'Well Occupied' properties have seen a considerable price decline of -33.01%. Top projects like Mayur Dhwaj Apartment and Agrsen Apartment are leading the market, with Mayur Dhwaj Apartment commanding ₹19,090 per sq ft and showing a strong 20.04% increase, highlighting pockets of high performance within the locality. The absence of government registration data limits insights into actual transaction volumes and values, and a lack of rental data makes it challenging for pure rental investors.