Delhi
The Mandi property market is currently defined by a resilient growth trajectory, with average residential rates appreciating from ₹5,750 per sq ft in late 2025 to their current level of ₹6,100 per sq ft. This upward momentum is supported by a steady demand for residential apartments, while the rental sector provides consistent yields for property owners. Investors and homebuyers are increasingly looking at the surrounding micromarkets, which offer varied price points and development profiles. The overall market health is characterized by these steady gains and a balanced supply of residential units.
As of Jun 2026, the average asking price in Mandi is ₹6,100 per sq ft. This figure reflects a positive market movement, having appreciated by 3.01% compared to the previous period. This steady growth indicates a resilient demand for residential apartments in the area, making it a noteworthy location for those tracking real estate trends in South Delhi.
Property prices in Mandi have shown a consistent upward trajectory, moving from ₹5,750 per sq ft in Sep 2025 to the current ₹6,100 per sq ft as of Jun 2026. This quarter-over-quarter growth suggests sustained buyer interest and a tightening supply of residential units. Investors and homebuyers can interpret this steady rise as a sign of long-term value appreciation within the locality.
Property prices in Mandi are currently more accessible compared to premium nearby localities. As of Jun 2026, the average asking price in Mandi stands at ₹6,100 per sq ft, whereas Chattarpur is priced at ₹7,050 per sq ft, having appreciated by 3.83% over the observed period. Meanwhile, Dlf Farms commands a significantly higher premium at ₹9,400 per sq ft, which has seen a substantial appreciation of 46.97%, highlighting its status as a high-value micro-market compared to the more affordable entry point in Mandi.
There is a significant price gap between property types in Mandi as of Jun 2026. Apartments are priced at an average of ₹6,100 per sq ft, which has appreciated by 3.01% from the previous period. In contrast, villas are currently commanding a much higher average price of ₹31,850 per sq ft, though this segment has seen a depreciation of 5.59% compared to the prior period, potentially indicating a market correction for luxury villa assets in the locality.
Rental rates across the vicinity of Mandi show a mix of stability and fluctuation as of Jun 2026. While many areas like Chattarpur, Mehrauli, and Kishangarh maintain a consistent rental rate of ₹50 per sq ft, Satbari stands out as a premium pocket with a rental rate of ₹100 per sq ft, showing no change in value. Other areas exhibit more volatility; for instance, Sultanpur has seen a significant appreciation of 17.65% to reach ₹50 per sq ft, while Rajpur has experienced a depreciation of 14.29% to reach the same ₹50 per sq ft level.
