Delhi
Mandi presents a balanced real estate landscape where property rates have stabilized at ₹5,750 per sq ft following recent quarterly fluctuations. The market is characterized by a mix of residential apartment options and villa estates that cater to different investment profiles. Rental demand remains healthy across the vicinity, supported by consistent pricing benchmarks in neighboring areas.
As of September 2026, the average asking price in Mandi is ₹5,750 per sq ft. This figure reflects a depreciation of 5.47% compared to the previous period, indicating a recent market correction in the locality's residential apartment segment.
Property price trends in Mandi have shown a fluctuating trajectory throughout 2026. The average asking price moved from ₹5,950 per sq ft in December 2025 to ₹5,900 in March 2026, rose to ₹6,100 in June 2026, and settled at ₹5,750 per sq ft by September 2026. This volatility suggests a dynamic market where buyers and investors should carefully monitor quarterly shifts before finalizing purchase decisions.
Property prices in Mandi show distinct variations when compared to neighbouring areas. As of September 2026, the average asking price in Dlf Farms stands at ₹31,000 per sq ft, which has appreciated significantly by 230% compared to the previous period. In contrast, Chattarpur currently commands an average asking price of ₹6,650 per sq ft, reflecting a depreciation of 5.18% over the same timeframe.
As of September 2026, there is a substantial price gap between property types in Mandi. Villas are priced at an average of ₹31,850 per sq ft, having depreciated by 5.59% from the previous period. Meanwhile, apartments are available at an average asking price of ₹5,750 per sq ft, which has also seen a depreciation of 5.47% over the same period.
The typical monthly rent for a 2 BHK apartment in Mandi is ₹19,750. This rental figure provides a benchmark for tenants looking for residential options in the area, though prospective renters should note that actual costs may vary based on specific project amenities and exact location within the locality.
Rental rates across the vicinity of Mandi show diverse trends as of September 2026. Several areas, including Dlf Farms, Chattarpur, and Mehrauli, currently report an average rental rate of ₹50 per sq ft. Notably, Dlf Farms has seen a significant appreciation of 52.17% in rental rates, whereas Sultanpur has experienced a depreciation of 15% and Vasant Kunj Enclave a depreciation of 6.38% over the same period.
Potential buyers should use this data to understand the current market positioning of Mandi by observing the average asking price of ₹5,750 per sq ft as of September 2026 and its recent 5.47% depreciation. By comparing these figures against neighbouring localities like Chattarpur or Dlf Farms, investors can identify whether the current pricing aligns with their budget and long-term capital appreciation goals. Always consider the specific property type, such as the difference between apartments and villas, to ensure your investment strategy is well-informed by the latest quarterly trends.
