Delhi
The property market in IP Extension presents a stable landscape for both investors and residents, characterized by a steady average asking price of ₹14,050 per sq ft. Recent quarterly data indicates a minor price adjustment, while the rental sector continues to provide consistent returns with a 2.56% yield. Residential supply is robust, particularly in the ready-to-move segment, which caters to those seeking immediate possession in a well-established area. Various apartment types, including studios and large 4 BHK units, ensure that the neighborhood meets a wide array of housing requirements.
As of March 2026, the average asking price in IP Extension stands at ₹14,050 per sq ft. This figure reflects a minor market adjustment, having depreciated by 0.49% compared to the previous period. This slight cooling in pricing suggests a period of stabilization for residential apartments in the area, providing a stable entry point for potential homebuyers.
Property rates in IP Extension have shown a fluctuating trajectory, with the average asking price reaching ₹14,050 per sq ft in March 2026, compared to ₹14,150 per sq ft in December 2025 and ₹13,750 per sq ft in September 2025. This movement indicates a dynamic market where prices have oscillated slightly, reflecting shifting demand and supply conditions within this East Delhi locality.
Property rates in IP Extension vary significantly compared to its neighbours, with the locality currently averaging ₹14,050 per sq ft. In comparison, nearby areas like Mayur Vihar command a higher average of ₹16,500 per sq ft (which appreciated by 4.51%), while Anand Vihar sits at ₹15,900 per sq ft (having appreciated by 11.32%). Conversely, Krishna Nagar offers a more accessible entry point at ₹7,550 per sq ft, which has seen a marginal appreciation of 0.47%.
As of March 2026, Ready To Move properties in IP Extension are priced at an average of ₹12,700 per sq ft, having appreciated by 2.19% over the observed period. Meanwhile, Well Occupied projects are currently listed at ₹12,450 per sq ft, showing a significant appreciation of 68.96%. These figures indicate that while both categories remain competitively priced, the Well Occupied segment has experienced a sharp upward trend in valuation, likely driven by high demand for established, functional communities.
The average rental yield in IP Extension is currently 2.56% as of March 2026. This yield represents the annual rental income relative to the property's purchase price, serving as a key metric for investors to gauge the income-generating potential of their assets. While the average rental rate for apartments is ₹50 per sq ft, the overall rental market has seen a depreciation of 3.23% compared to the previous period, which investors should weigh against the capital appreciation trends in the locality.
Rental rates in IP Extension vary by unit size, catering to a diverse range of tenants. As of March 2026, a Studio apartment averages ₹11,900 per month, while a 2 BHK unit typically rents for ₹29,400 per month. For larger requirements, 3 BHK apartments average ₹41,800 per month, and 4 BHK units command an average of ₹42,500 per month. These figures provide a clear benchmark for tenants and landlords to understand the current market value of residential spaces in the area.
The top projects by rental rates in IP Extension include Swati Apartments and Vidhi Apartment IP Extension. Swati Apartments is currently listed at ₹30 per sq ft, reflecting a depreciation of 9.09%, while Vidhi Apartment IP Extension is at ₹29 per sq ft, which has depreciated by 12.12% as of March 2026. Despite these recent corrections, these projects remain prominent in the rental market due to their established presence and infrastructure.
A buyer should view the current average asking price of ₹14,050 per sq ft in March 2026 as a reflection of a mature, stable market. With the price having depreciated by 0.49%, the current environment may offer a favorable window for end-users looking for value in a well-connected locality. By comparing this against the higher rates in nearby Mayur Vihar or the lower entry points in Krishna Nagar, buyers can better align their investment with their budget and long-term appreciation expectations.
