Delhi
The Mandi real estate market presents a balanced landscape for both prospective homeowners and investors, characterized by diverse property options and evolving price trends. Recent quarterly data indicates a resilient market structure where residential demand continues to influence overall valuations. Rental activity remains active, providing clear options for those looking for temporary housing solutions in the vicinity of key Delhi hubs. The development landscape is supported by a mix of established residential projects that cater to varying occupant needs.
As of June 2026, the average asking price in Mandi is ₹5,900 per sq ft. This figure reflects a depreciation of 0.85% compared to the previous period. Understanding this price point is essential for buyers and investors to gauge the current market entry level in this locality.
Property prices in Mandi have shown a fluctuating trajectory, with the location rate rising to ₹6,100 per sq ft in June 2026 from ₹5,900 per sq ft in March 2026. Prior to this, the rate was ₹5,950 per sq ft in December 2025 and ₹5,750 per sq ft in September 2025. This recent upward movement in the June 2026 quarter suggests a recovery in demand after the slight dip observed in the previous quarter.
Property prices in the vicinity of Mandi vary significantly, with Sultanpur commanding a higher average asking price of ₹7,350 per sq ft as of June 2026, which represents a depreciation of 0.43% from the previous period. Meanwhile, Chattarpur is priced at ₹6,750 per sq ft, showing a notable appreciation of 8.92% from the previous period, and Dlf Farms is at ₹6,400 per sq ft, having appreciated by 1.59% over the same timeframe. These variations allow investors to compare the relative value and premium status of different pockets within the broader region.
As of June 2026, apartments in Mandi have an average price of ₹6,100 per sq ft, which has appreciated by 3.01% from the previous period. In contrast, villas are priced significantly higher at ₹31,850 per sq ft, though this segment has seen a depreciation of 5.59% from the previous period. This substantial price gap highlights the premium nature of villa properties compared to the more accessible apartment segment in the area.
The average monthly rent for a 2 BHK apartment in Mandi is ₹19,750 as of June 2026. This rental figure provides a benchmark for tenants looking for residential options in the locality and helps landlords understand the current market demand for mid-sized apartment configurations.
Rental rates in the areas surrounding Mandi are largely consistent, with many localities such as Mehrauli, Kishangarh, and Maidan Garhi averaging ₹50 per sq ft as of June 2026. Notably, Satbari commands a higher rental rate of ₹100 per sq ft, which has remained stable with 0% change from the previous period. Other areas like Sultanpur have seen an appreciation of 8.82% to reach ₹50 per sq ft, while regions such as Rajpur have experienced a depreciation of 14.29% to reach the same ₹50 per sq ft level, indicating varying levels of rental demand across these micro-markets.
Properties categorized as 'Well Occupied' in Mandi currently command an average price of ₹13,600 per sq ft as of June 2026, which reflects a depreciation of 6.14% from the previous period. This status typically indicates established projects with existing infrastructure and community living, making them a preferred choice for end-users who prioritize immediate habitability over the risks associated with under-construction developments.
