Delhi
Mahavir Enclave presents a stable real estate environment for potential residents and investors alike. Current asking prices for apartments are set at ₹5,900 per sq ft, reflecting a period of adjustment in the local property market. The rental sector is particularly active, offering a wide spectrum of configurations that cater to varying household sizes and budget requirements. Prospective buyers can explore a variety of residential choices that balance accessibility with the established infrastructure of the Delhi region.
As of Sep 2026, the average asking price in Mahavir Enclave is ₹5,900 per sq ft. This figure reflects a depreciation of 5.47% compared to the previous period, indicating a market correction in the locality.
Property prices in Mahavir Enclave have shown a downward trajectory over the last year. Starting from ₹6,450 per sq ft in Dec 2025, the average asking price moved to ₹5,900 per sq ft by Mar 2026, rose slightly to ₹6,250 per sq ft in Jun 2026, and settled at ₹5,900 per sq ft as of Sep 2026. This fluctuation suggests a period of price volatility for buyers and investors to monitor.
Mahavir Enclave, with an average asking price of ₹5,900 per sq ft as of Sep 2026, is significantly more affordable than many neighbouring areas. For comparison, Janakpuri commands a much higher average asking price of ₹20,850 per sq ft, while Sector 9 Dwarka stands at ₹16,200 per sq ft. Other nearby locations like Palam have an average asking price of ₹7,600 per sq ft, highlighting Mahavir Enclave's position as a budget-friendly option in the region.
As of Sep 2026, villas in Mahavir Enclave are priced at an average of ₹11,000 per sq ft, which represents a depreciation of 6.36% compared to the previous period. In contrast, apartments are currently priced at ₹5,900 per sq ft, reflecting a depreciation of 5.47% over the same timeframe. This price gap indicates that villas remain a premium property segment within the locality compared to the more accessible apartment market.
Rental rates in Mahavir Enclave vary by unit size, catering to a diverse range of tenants. As of Sep 2026, the average monthly rent is ₹9,350 for a Studio, ₹14,250 for a 1 BHK, ₹19,750 for a 2 BHK, ₹30,650 for a 3 BHK, and ₹38,000 for a 4 BHK apartment. These figures provide a clear baseline for tenants and landlords looking to understand the current rental landscape for residential apartments.
As of Sep 2026, both apartments and office spaces in Mahavir Enclave are listed at an average rental rate of ₹50 per sq ft. While office space rental rates have remained stable with a 0% change, apartment rental rates have seen a depreciation of 5.41% compared to the previous period. This suggests that while both segments share a similar per-square-foot baseline, the residential apartment rental market has experienced a slight softening.
Ready To Move properties in Mahavir Enclave are currently priced at an average of ₹12,250 per sq ft as of Sep 2026. This segment has experienced a depreciation of 2.44% compared to the previous period. With 7 units currently listed, this status category offers immediate possession options for buyers, albeit at a premium compared to the broader locality average.
Investors looking at Mahavir Enclave should note that as of Sep 2026, the average rental rate for apartments is ₹50 per sq ft. While specific rental yield data is currently unavailable, the diverse BHK-wise rental range—from ₹9,350 per month for a Studio to ₹38,000 per month for a 4 BHK—indicates a functional rental market. Prospective landlords should weigh these rental income potentials against the current average asking price of ₹5,900 per sq ft to assess their long-term investment viability.
