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Insights for Mayur Vihar 1, Delhi Real Estate Market Overview

The real estate market in Mayur Vihar 1 has demonstrated consistent growth, with average asking prices currently stabilizing around ₹13,650 per sq ft. Recent quarterly data highlights a clear upward movement, supported by healthy demand in both the residential and rental segments. While ready-to-move properties remain a primary focus for buyers, the rental market provides a steady income stream for investors, particularly with a rental yield of 2.90%. The area continues to attract interest due to its blend of established residential pockets and evolving infrastructure.

  • Average property rates have climbed to ₹13,650 per sq ft, reflecting sustained buyer confidence.
  • Rental yields in the locality are currently at 2.90%, providing a reliable return for landlords.
  • Apartment rentals range from ₹14,800 for 1 BHK units to ₹53,500 for 4 BHK units.
  • Ready-to-move projects continue to dominate the local inventory, offering stability for immediate occupancy seekers.
  • Rental rates for apartments currently average ₹50 per sq ft, showing a positive growth of 6.06%.

Market Strengths
  • Strong rental yield of 2.90% makes the locality attractive for buy-to-let investors.
  • Apartment property types show a healthy price appreciation of 11.19%.
  • Average monthly rent for 4 BHK units reaches ₹53,500, catering to the luxury rental segment.
  • The locality supports a diverse range of rental configurations from Studio to 4 BHK.
  • Well-occupied projects maintain a stable price point of ₹12,850 per sq ft.
  • Consistent growth in location rates reaching ₹15,150 per sq ft by mid-2026.
Market Challenges
  • Rental rates in specific sub-locations like South Extension I and II have seen significant declines of -35.38% and -15.28% respectively.
  • Ready-to-move projects have experienced a price adjustment of -8.01% compared to previous periods.
  • The average rental rate in the broader area has seen a slight dip of -2.94%.
Investment Opportunities
  • The 2.90% rental yield offers a stable income potential for property owners in the locality.
  • Apartment rentals have shown a positive growth of 6.06%, indicating increasing demand for rental housing.
  • Entry-level 1 BHK apartments are available at an average of ₹14,800 per month.
  • Ready-to-move projects at ₹13,650 per sq ft provide immediate possession options for investors.
Top Localities in Mayur Vihar 1, Delhi

Jor Bagh

Avg Price ₹ 60,150 /Sq.Ft.
Avg Rent ₹ 118 /Sq.Ft.
YIELD + 2.35
LISTINGS 44
Price Trend

Mayur Vihar 1, Delhi Property Price Trends and Appreciation

Mayur Vihar 1 has experienced a notable upward trend in property rates over recent quarters. After starting at ₹13,550 per sq ft in September 2025, prices moved to ₹14,100 by December 2025, before reaching ₹13,650 in March 2026. By June 2026, the location rate climbed to ₹15,150 per sq ft, signaling strong market momentum.
Asking Price Trends
₹ 13,650/Sq.Ft -3.17 % QoQ
Sep 2025 — Jun 2026
Quarter City Rate
Jun 2026 15150
Mar 2026 13650
Dec 2025 14100
Sep 2025 13550
About Asking Price Trends
Mayur Vihar 1 Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/Sq.Ft) Change %
South Extension 29,500 -4.8
South Extension Ii 27,550 -1.2
Defence Colony 42,500 0.6
Safdarjung Enclave 30,600 2.5
Gulmohar Park 39,250 -5
Green Park 32,100 1.4
Jangpura 28,600 0.6
Greater Kailash I 31,500 3
Mayur Vihar 1 occupies a distinct position compared to other prominent Delhi localities. While premium areas like Defence Colony command rates of ₹42,500 per sq ft and Gulmohar Park averages ₹39,250 per sq ft, Mayur Vihar 1 offers a more accessible entry point at ₹13,650 per sq ft. This pricing structure provides a significant value advantage for buyers looking for residential space in the city. Nearby hubs like Green Park and Greater Kailash I hover at higher price points, further highlighting the competitive positioning of this locality.
Type Rate (₹/Sq.Ft) Change %
Apartment 15,150 11.2
The residential market in Mayur Vihar 1 is primarily driven by apartment living. Apartments currently average ₹15,150 per sq ft, experiencing a robust growth of 11.19%. This segment reflects the preference for organized housing within the locality, catering to a wide range of home seekers.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 34 13,556 -7
Mayur Vihar 1 provides options that cater to different occupancy needs, led by a strong base of Ready To Move units. With 30 such projects currently available, buyers can secure homes at an average of ₹13,650 per sq ft. Additionally, Well Occupied projects offer 4 units at an average rate of ₹12,850 per sq ft, presenting a stable environment for those prioritizing established communities.
Project & Developer Insights
Top Projects by Listing Rates
  • Listing Rate
  • By Rental
Project Name Rate (₹/Sq.Ft) Change %
Nextra The Address, Mayur Vihar 1 12,250 -
Vasant Apartment Mayur Vihar, Mayur Vihar 1 11,100 -8.6
Premium residential developments in Mayur Vihar 1 set high standards for the local market. Nextra The Address leads the segment with an asking price of ₹12,250 per sq ft. Vasant Apartment Mayur Vihar also features prominently, priced at ₹11,100 per sq ft, offering residents a well-connected living experience in the heart of the locality.
Project Name Rate (₹/Sq.Ft) Change %
Nextra The Address, Mayur Vihar 1 30 -
Nextra The Address stands out as a key project in the rental market, currently offering rates at ₹30 per sq ft. This project remains a focal point for those seeking established residential options in Mayur Vihar 1.
Rental Trends

Rental Trends and Average Rent in Mayur Vihar 1, Delhi

Rental options in Mayur Vihar 1 span a wide spectrum of configurations to suit various needs. Studio apartments average ₹23,000 per month, while 1 BHK units are available at ₹14,800 per month. For larger requirements, 2 BHK apartments average ₹24,200 per month, 3 BHK units command ₹37,500 per month, and 4 BHK residences reach ₹53,500 per month. The rental landscape across neighboring localities shows varied performance. While Jor Bagh leads with an average rental rate of ₹150 per sq ft and a 12.71% increase, other areas like Defence Colony average ₹100 per sq ft with a 6.82% gain. Conversely, many nearby areas like South Extension and Sarojini Nagar hover at ₹50 per sq ft, with some experiencing fluctuations such as the -35.38% change seen in South Extension I. Apartment rentals in Mayur Vihar 1 are currently performing well, averaging ₹50 per sq ft. This segment has recorded a positive year-on-year growth of 6.06%, highlighting sustained demand for apartment-style living in the area. Nextra The Address stands out as a key project in the rental market, currently offering rates at ₹30 per sq ft. This project remains a focal point for those seeking established residential options in Mayur Vihar 1.
Mayur Vihar 1 Rent Comparison
  • By Unit Type
  • By Location
  • By Property Type
Unit Type Rate (₹)
Studio 23,000
1 Bhk 14,800
2 Bhk 24,200
3 Bhk 37,500
4 Bhk 53,500
Rental options in Mayur Vihar 1 span a wide spectrum of configurations to suit various needs. Studio apartments average ₹23,000 per month, while 1 BHK units are available at ₹14,800 per month. For larger requirements, 2 BHK apartments average ₹24,200 per month, 3 BHK units command ₹37,500 per month, and 4 BHK residences reach ₹53,500 per month.
Locality Rate (₹/Sq.Ft) Change %
Jor Bagh 150 12.7
South Extension I 50 -35.4
South Extension 50 -14.9
Kotla Mubarakpur 50 -5.3
Lodhi Colony 50 -
Mahaveer Nagar 50 -
Sarojini Nagar 50 -
South Extension Ii 50 -15.3
Defence Colony 100 6.8
Safdarjung Enclave 50 14.1
The rental landscape across neighboring localities shows varied performance. While Jor Bagh leads with an average rental rate of ₹150 per sq ft and a 12.71% increase, other areas like Defence Colony average ₹100 per sq ft with a 6.82% gain. Conversely, many nearby areas like South Extension and Sarojini Nagar hover at ₹50 per sq ft, with some experiencing fluctuations such as the -35.38% change seen in South Extension I.
Property Type Rate (₹/Sq.Ft) Change %
Apartment 50 6.1
Apartment rentals in Mayur Vihar 1 are currently performing well, averaging ₹50 per sq ft. This segment has recorded a positive year-on-year growth of 6.06%, highlighting sustained demand for apartment-style living in the area.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 38,600 /Sq.Ft
Govt Registration Rate ₹ 18,550 /Sq.Ft
Avg. Asking Price ₹ 19,300 /Sq.Ft
Govt Registration Rate ₹ 13,900 /Sq.Ft
Avg. Asking Price ₹ 15,350 /Sq.Ft
Govt Registration Rate ₹ 9,600 /Sq.Ft
Avg. Asking Price ₹ 14,850 /Sq.Ft
Avg. Asking Price ₹ 12,950 /Sq.Ft
Govt Registration Rate ₹ 8,650 /Sq.Ft
Avg. Asking Price ₹ 12,100 /Sq.Ft
Avg. Asking Price ₹ 11,750 /Sq.Ft
Govt Registration Rate ₹ 9,150 /Sq.Ft
Avg. Asking Price ₹ 9,300 /Sq.Ft
Govt Registration Rate ₹ 3,800 /Sq.Ft
Avg. Asking Price ₹ 7,900 /Sq.Ft
Avg. Asking Price ₹ 6,700 /Sq.Ft
Govt Registration Rate ₹ 2,950 /Sq.Ft

Micromarket-Wise Property Price Trends Around Mayur Vihar 1, Delhi

Avg. Asking Price ₹ 25,400 /Sq.Ft
Avg. Asking Price ₹ 23,750 /Sq.Ft
Avg. Asking Price ₹ 18,350 /Sq.Ft
Avg. Asking Price ₹ 12,150 /Sq.Ft
Avg. Asking Price ₹ 12,150 /Sq.Ft

More insights about Mayur Vihar 1, Delhi

FAQ

Frequently Asked Questions About Property Rates in Mayur Vihar 1, Delhi

What is the current average asking price in Mayur Vihar 1?

As of June 2026, the average asking price in Mayur Vihar 1 is ₹13,650 per sq ft. This figure reflects a depreciation of 3.17% compared to previous reporting periods, indicating a period of market adjustment in the locality.

How have property price trends moved in Mayur Vihar 1 recently?

Property price trends in Mayur Vihar 1 have shown a fluctuating trajectory throughout the last year. As of June 2026, the location rate reached ₹15,150 per sq ft, rising from ₹13,650 per sq ft in March 2026, ₹14,100 per sq ft in December 2025, and ₹13,550 per sq ft in September 2025, signaling a complex recovery and demand pattern for the area.

What is the difference in pricing between Ready To Move and Well Occupied properties in Mayur Vihar 1?

As of June 2026, Ready To Move properties in Mayur Vihar 1 are priced at an average of ₹13,650 per sq ft, which represents a depreciation of 8.01% over the observed period. In contrast, Well Occupied properties command an average price of ₹12,850 per sq ft, showing an appreciation of 0.67% during the same timeframe, suggesting that established, occupied projects are maintaining more stable value retention.

What rental yield can investors expect in Mayur Vihar 1?

Investors in Mayur Vihar 1 can currently expect a rental yield of 2.90% as of June 2026. This yield is calculated based on an average rental rate of ₹33 per sq ft, which has seen a depreciation of 2.94% compared to prior data, providing a benchmark for those evaluating the income-generating potential of residential assets in the locality.

How do rental rates vary by BHK configuration in Mayur Vihar 1?

Rental rates in Mayur Vihar 1 scale significantly based on the unit size as of June 2026. Studio apartments average ₹23,000 per month, while 1 BHK units are available at ₹14,800 per month. Larger configurations command higher premiums, with 2 BHK units averaging ₹24,200 per month, 3 BHK units at ₹37,500 per month, and 4 BHK units reaching an average of ₹53,500 per month, reflecting the diverse housing requirements of tenants in the area.

Which are the notable residential projects in Mayur Vihar 1 based on listing rates?

As of June 2026, key projects in Mayur Vihar 1 include Nextra The Address, which has a current listing rate of ₹12,250 per sq ft with stable pricing (0% change), and Vasant Apartment Mayur Vihar, which is listed at ₹11,100 per sq ft following a depreciation of 8.57% compared to the previous period.

How does the rental rate for apartments in Mayur Vihar 1 compare to other nearby areas?

As of June 2026, the average rental rate for apartments in Mayur Vihar 1 is ₹50 per sq ft, which has appreciated by 6.06% over the measured period. This rate is comparable to other localities like South Extension and Kotla Mubarakpur, which also average ₹50 per sq ft, while premium areas like Defence Colony command significantly higher rates at ₹100 per sq ft, and Jor Bagh leads the region at ₹150 per sq ft.

What does the price trend data for Mayur Vihar 1 suggest for potential buyers?

The price trend data as of June 2026 indicates that Mayur Vihar 1 is experiencing a dynamic market environment. With the location rate rising to ₹15,150 per sq ft from ₹13,650 per sq ft in March 2026, buyers should note that while the overall market overview shows a slight depreciation of 3.17%, the specific apartment segment has seen an appreciation of 11.19%, suggesting that high-quality apartment stock remains in demand.

How should investors interpret the rental data for Nextra The Address?

As of June 2026, Nextra The Address in Mayur Vihar 1 maintains a current rental rate of ₹30 per sq ft, with no change in pricing (0% appreciation or depreciation) over the period. While its average rental rate across listings is ₹50 per sq ft, the current rate of ₹30 per sq ft provides a specific entry point for tenants and a performance indicator for landlords looking to benchmark their rental income against the project's historical trends.

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