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Property Rates in Mayur Vihar 1, Delhi
Comprehensive Market Snapshot
Mayur Vihar 1 presents a current asking price of ₹13,633 per sq ft, with a notable absence of registration rates. The average rental rate stands at ₹33 per sq ft, offering a rental yield of 2.90%. Apartments, the primary property type, show an average rental rate of ₹33 per sq ft. For the 'Ready To Move' segment, the average price is ₹13,734 per sq ft, while 'Well Occupied' properties are priced at ₹12,862 per sq ft. The top project by listing rates is Nextra The Address, located in North Delhi.
- The average asking price in Mayur Vihar 1 is ₹13,633 per sq ft.
- The average rental rate is ₹33 per sq ft with a rental yield of 2.90%.
- Ready To Move properties average ₹13,734 per sq ft.
- Well Occupied properties are priced at ₹12,862 per sq ft.
- Nextra The Address is the top project by listing rates.
- Asking Sale Price₹ 13,633 /sq.ft
- Average Rental₹ 33 /sq.ft
- Rental Yield2.90 %
Insights for Mayur Vihar 1, Delhi Real Estate Market
Mayur Vihar 1's property market is currently marked by an asking price of ₹13,633 per sq ft, with price trends showing some quarterly fluctuations, such as a dip from ₹14,080 in Dec 2025 to ₹13,633 in Mar 2026. Rental yields in the area average 2.90%, with apartments commanding an average rental rate of ₹33 per sq ft. Studio apartments are available for rent at ₹11,500 per month, while 4 BHK units reach ₹45,000 per month, indicating a diverse rental demand across unit sizes. The 'Ready To Move' segment averages ₹13,734 per sq ft, slightly higher than the 'Well Occupied' segment at ₹12,862 per sq ft. Notably, Nextra The Address is highlighted as a top project based on listing rates.
- The property market in Mayur Vihar 1 shows a slight upward trend in asking prices, with an average of ₹13,633 per sq ft.
- Rental yields stand at a healthy 2.90%, with apartments averaging ₹33 per sq ft.
- Rental rates vary significantly by unit size, from ₹11,500 for studios to ₹45,000 for 4 BHK apartments.
- 'Ready To Move' properties are priced at ₹13,734 per sq ft, slightly above the 'Well Occupied' segment at ₹12,862 per sq ft.
- Nextra The Address is identified as a prime project based on listing rates in the area.
Property Valuation Comprehensive assessment of your property's current worth in the current market
Property Price Trends in Mayur Vihar 1, Delhi
The asking price for properties in Mayur Vihar 1 is currently ₹13,633 per sq ft, with projections indicating a slight decrease to ₹13,633 by March 2026 from ₹14,080 in December 2025. Earlier in September 2025, prices were recorded at ₹13,537 per sq ft. This suggests a period of stabilization or minor fluctuations in the market's asking rates.
In Mayur Vihar 1, apartments represent the primary property type, with an average asking price of ₹13,633 per sq ft, reflecting a recent change of -3.17%. This indicates that while apartments remain a popular choice, their prices have seen a marginal decline.
Mayur Vihar 1's property market offers a mix of inventory based on development status. Properties 'Ready To Move' average ₹13,734 per sq ft across 29 units, showing a recent decrease of 7.58%. Meanwhile, 'Well Occupied' properties, numbering 4 units, are priced at ₹12,862 per sq ft, with a slight increase of 0.67%.
Mayur Vihar 1's property market is characterized by an average asking price of ₹13,633 per sq ft. While specific micro-market data for Mayur Vihar 1 is not detailed, the broader Delhi market shows varied rates, with areas like Chanakyapuri commanding ₹76,182 per sq ft and Jor Bagh at ₹60,162 per sq ft, highlighting significant price disparities across the city. In contrast, Gautam Nagar offers a more accessible entry point at ₹10,495 per sq ft.
Project and Developer Insights
The premium segment of Mayur Vihar 1's market is highlighted by projects like Nextra The Address, which is listed at ₹12,258 per sq ft. This project, located in North Delhi, sets a benchmark for asking rates within the locality, reflecting the demand for quality residential offerings.
Nextra The Address in Mayur Vihar 1 is noted for its rental potential, with a current rental rate of ₹30 per sq ft. This project represents a key offering in the rental market, contributing to the overall rental landscape of the locality.
Property Rental Trends in Mayur Vihar 1, Delhi
Rental rates in Mayur Vihar 1 show a clear progression with unit size, with Studio apartments averaging ₹11,500 per month and 1 BHK units at ₹14,786 per month. This trend continues upwards, with 2 BHKs averaging ₹21,607, 3 BHKs at ₹34,214, and 4 BHK apartments commanding the highest rents at ₹45,000 per month.
Rental rates across Delhi show significant variation, with premium locations like Chanakyapuri averaging ₹127 per sq ft and Jor Bagh at ₹118 per sq ft. Mayur Vihar 1 itself has an average rental rate of ₹33 per sq ft for apartments, positioning it as a more accessible rental market compared to these prime South Delhi areas.
Apartments in Mayur Vihar 1 are the primary focus for rentals, with an average rate of ₹33 per sq ft and a recent year-on-year change of -2.94%. This suggests a stable, albeit slightly softening, rental market for apartments in the area.
