Delhi
The real estate landscape in Mandi is characterized by moderate price fluctuations and a steady supply of residential options. Property values have seen a measured shift over the last few quarters, moving from ₹5,750 per sq ft in September 2025 to current levels. Rental demand remains active, particularly for 2 BHK units which command an average of ₹19,750 per month. The local market benefits from its proximity to key areas, creating a stable environment for both residents and investors.
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 reporting period, indicating a slight softening in the market. Prospective buyers should note that while the broader market shows this adjustment, specific property types and individual projects may exhibit varying price movements.
Property prices in Mandi have shown a fluctuating trajectory throughout the recent quarters. As of June 2026, the location rate stands at ₹6,100 per sq ft, up 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, suggesting a resilient demand profile despite minor quarterly variations.
Property prices in Mandi are influenced by the surrounding real estate landscape, where neighbouring areas show diverse pricing levels. As of June 2026, Chattarpur commands an average asking price of ₹6,750 per sq ft, which has appreciated by 8.92% compared to the prior period. Meanwhile, Sultanpur is priced at ₹7,350 per sq ft, reflecting a depreciation of 0.43%, and Dlf Farms is at ₹6,400 per sq ft, having appreciated by 1.59% over the same timeframe.
There is a significant price variance between property types in Mandi as of June 2026. Villas are currently priced at an average of ₹31,850 per sq ft, which represents a depreciation of 5.59% compared to the previous period. In contrast, apartments are available at a much more accessible average of ₹6,100 per sq ft, which has appreciated by 3.01% over the same period, highlighting a clear preference shift or supply-demand dynamic favoring apartment living.
Tenants looking for 2 BHK apartments in Mandi can expect an average monthly rental rate of ₹19,750 as of June 2026. This rental point serves as a key benchmark for the area, providing a clear expectation for those seeking residential accommodation in this specific configuration.
Rental rates in the vicinity of Mandi show a consistent trend across many areas, though some show volatility. As of June 2026, Satbari commands the highest rental rate at ₹100 per sq ft, with rates remaining stable at 0% change. Most other surrounding areas, including Chattarpur, Maidan Garhi, and Mehrauli, are currently at ₹50 per sq ft. While some areas like Sultanpur have seen an appreciation of 8.82%, others like Rajpur have experienced a depreciation of 14.29% compared to the previous period.
Well-occupied projects in Mandi currently command a premium, with an average price of ₹13,600 per sq ft as of June 2026. This figure reflects a depreciation of 6.14% compared to the previous period. Investors and end-users often look at well-occupied projects as a measure of established community infrastructure and immediate livability, despite the recent price adjustment.
