Property Rates in Mayur Vihar 1, Delhi 2026

Property price trends in Mayur Vihar 1 have shown a mixed trajectory over the last few quarters. While the location rate was ₹14,100 per sq ft in December 2025, it adjusted to ₹13,650 per sq ft by March 2026, following a rise from ₹13,550 per sq ft in September 2025. This fluctuation suggests a dynamic market where buyers and investors should monitor quarterly shifts to time their entry effectively.

Property rates in Mayur Vihar 1 are significantly more accessible compared to premium South Delhi neighbourhoods. For instance, while Mayur Vihar 1 averages ₹13,650 per sq ft, areas like Defence Colony command a much higher average of ₹42,500 per sq ft, which appreciated by 0.6% from the prior period. Other nearby zones like Greater Kailash I and Green Park also maintain higher price points of ₹31,500 per sq ft and ₹32,100 per sq ft respectively, highlighting the relative affordability of Mayur Vihar 1.

As of March 2026, Ready To Move properties in Mayur Vihar 1 are priced at an average of ₹13,750 per sq ft, which has seen a depreciation of 7.58% compared to the previous period. In contrast, Well Occupied projects are currently valued at ₹13,850 per sq ft, having appreciated by 0.67% over the same timeframe. This data suggests that while ready-to-move-in inventory is seeing a price correction, established, well-occupied projects are maintaining steady value.

The average rental yield in Mayur Vihar 1 is 2.90% as of March 2026. This yield represents the annual rental income relative to the property's purchase price, serving as a key indicator for investors looking to balance capital appreciation with consistent cash flow. With an average rental rate of ₹33 per sq ft, which has depreciated by 2.94% from the prior period, investors should weigh this yield against the current sale price of ₹13,650 per sq ft to assess long-term investment viability.

Rental rates in Mayur Vihar 1 vary significantly based on unit size, catering to a diverse tenant base as of March 2026. Studio apartments are available at an average of ₹11,500 per month, while 1 BHK units average ₹14,800 per month. For larger families, 2 BHK units command an average of ₹21,600 per month, 3 BHK units reach ₹34,200 per month, and 4 BHK units are priced at approximately ₹45,000 per month. This tiered pricing allows renters to choose configurations that best fit their budget and space requirements.

Nextra The Address is a key project in Mayur Vihar 1, featuring an average rental rate of ₹50 per sq ft as of March 2026. While its current rental rate is noted at ₹30 per sq ft, the project remains a significant point of interest for renters in the area. The stability in its rental pricing, with a 0% change recorded compared to the previous period, suggests a consistent demand profile for this specific development.

Buyers should use the provided data to benchmark current asking prices against historical trends and local competition. By observing that the average asking price is ₹13,650 per sq ft as of March 2026 and noting the 3.17% depreciation, a buyer can identify whether the market is currently favoring them. Additionally, comparing the status-wise pricing—such as the ₹13,750 per sq ft for Ready To Move units—helps in making informed decisions between immediate possession and potentially more established, well-occupied options.