Squareyards Logo
Blogs
Sell or Rent Property
Login
Insights

Insights for Mayur Vihar 1, Delhi Real Estate Market Overview

The real estate market in Mayur Vihar 1 has demonstrated consistent growth, with current property prices averaging ₹15,150 per sq ft. Investors and homebuyers are showing a strong preference for ready-to-move projects, which are currently priced at a premium. The rental market is equally active, offering a yield of 2.77% and a diverse range of unit configurations to cater to different tenant profiles. Overall, the locality presents a balanced environment for both capital appreciation and consistent rental income.

  • Property values have shown a steady upward trend, reaching ₹15,150 per sq ft in the latest quarter.
  • Ready-to-move residential units currently command an average price of ₹17,050 per sq ft.
  • The rental market offers a competitive yield of 2.77%, with 3 BHK apartments averaging ₹39,850 per month.
  • The residential apartment segment has seen a positive price change of 11.19% over the recent period.
  • Rental rates across the locality average ₹35 per sq ft, reflecting stable demand for housing.

Market Strengths
  • Consistent quarterly price growth from ₹13,550 to ₹15,150 per sq ft indicates robust market confidence.
  • Ready-to-move inventory provides immediate value and reduced risk for buyers.
  • The 2.77% rental yield is a strong indicator of a healthy and active leasing market.
  • Diverse rental configurations, ranging from studio to 4 BHK, cater to a wide tenant base.
  • Top projects like Vasant Apartment Mayur Vihar show significant appreciation of 54.96%.
Market Challenges
  • Rental rates for smaller studio units average ₹23,000 per month, which may be sensitive to market fluctuations.
  • The average rental rate of ₹35 per sq ft requires careful consideration of maintenance and service costs for owners.
Investment Opportunities
  • Ready-to-move apartments offer high capital appreciation potential with a 24.62% increase in value.
  • Investors can benefit from a healthy rental yield of 2.77% in the residential segment.
  • High-demand 3 BHK units are available at an average monthly rent of ₹39,850.
  • The 11.19% growth in average apartment prices suggests strong long-term value retention.
  • Entry-level opportunities exist in projects like Nextra The Address, priced at ₹12,250 per sq ft.
Top Localities in Mayur Vihar 1, Delhi

Jor Bagh

Avg Price ₹ 60,150 /Sq.Ft.
Avg Rent ₹ 136 /Sq.Ft.
YIELD + 2.71
LISTINGS 77
Price Trend

Mayur Vihar 1, Delhi Property Price Trends and Appreciation

Property values in Mayur Vihar 1 have followed a clear upward trajectory, moving from ₹13,550 per sq ft in September 2025 to reach ₹15,150 per sq ft by June 2026. This consistent growth pattern highlights the increasing desirability of the locality compared to the broader micromarket rates during the same timeframe.
Asking Price Trends
₹ 15,150/Sq.Ft + 11.19 % 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 29,300 -0.7
Defence Colony 40,200 -5.5
Safdarjung Enclave 29,200 -4.5
Gulmohar Park 37,550 -4.3
Green Park 27,750 -13.5
Jangpura 22,850 -20.1
Lajpat Nagar 16,750 -
Greater Kailash I 1,02,000 224
Type Rate (₹/Sq.Ft) Change %
Apartment 15,150 11.2
Mayur Vihar 1 offers a focused selection of residential apartments that cater to diverse buyer needs. These properties currently average ₹15,150 per sq ft, marking a notable increase of 11.19% in value. This growth reflects a strong and steady appetite for apartment living within the locality.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 3 17,050 24.6
The market provides clear options for those seeking immediate possession, with ready-to-move projects averaging ₹17,050 per sq ft. This segment has experienced a significant price appreciation of 24.62%, making it a highly attractive choice for buyers prioritizing convenience and immediate occupancy.
Project & Developer Insights

Top Residential Projects and Developers in Mayur Vihar 1

Top Projects in Mayur Vihar
Eldeco Camelot is the top project in Mayur Vihar with prices from ₹ 6.45 Cr to 7.18 Cr.
Eldeco Camelot ₹ 6.45 Cr - ₹ 7.18 Cr
  • Dwarka, Delhi
DLF Midtown Plaza Price On Request
  • West Delhi, Delhi
New Launch
Under Construction
Ready to Move
Top Developers in Delhi
Nextra Developers leads in Delhi with 1 projects and years of experience.
DLF
Nextra Developers
  • 1 Projects
Top Projects by Listing Rates
  • Listing Rate
  • By Rental
Project Name Rate (₹/Sq.Ft) Change %
Vasant Apartment Mayur Vihar, Mayur Vihar 1 17,150 55
Nextra The Address, Mayur Vihar 1 12,250 -
Premium residential developments define the upper end of the Mayur Vihar 1 market. Vasant Apartment Mayur Vihar leads the segment with a price of ₹17,150 per sq ft, reflecting a substantial appreciation of 54.96%. Additionally, Nextra The Address offers a more accessible entry point at ₹12,250 per sq ft, providing variety for different investment budgets.
Project Name Rate (₹/Sq.Ft) Change %
Nextra The Address, Mayur Vihar 1 30 -
Nextra The Address in Mayur Vihar 1 stands out in the rental market with a current rate of ₹30 per sq ft. This project provides a reliable option for tenants looking for established residential housing with stable rental pricing.
Rental Trends

Rental Trends and Average Rent in Mayur Vihar 1, Delhi

Rental options in Mayur Vihar 1 cater to a wide range of needs, from studio apartments at ₹23,000 per month to spacious 4 BHK units at ₹53,500 per month. Those seeking mid-range housing can opt for 1 BHK or 2 BHK apartments, which average ₹14,800 and ₹25,300 per month respectively. The 3 BHK segment remains a popular choice, commanding an average monthly rent of ₹39,850. Rental rates across Delhi vary significantly, with localities like Jor Bagh commanding premium rates of ₹150 per sq ft. In contrast, areas such as South Extension and Defence Colony offer diverse rental environments, with rates ranging from ₹50 to ₹100 per sq ft. Safdarjung Enclave has seen a notable increase in rental demand, with rates rising by 26.56% to reach ₹100 per sq ft. The apartment rental market in Mayur Vihar 1 remains steady, with an average rate of ₹50 per sq ft. This sector has experienced a positive growth of 6.06% year-over-year, indicating a consistent demand for apartment-style living in the area. Nextra The Address in Mayur Vihar 1 stands out in the rental market with a current rate of ₹30 per sq ft. This project provides a reliable option for tenants looking for established residential housing with stable rental pricing.
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 25,300
3 Bhk 39,850
4 Bhk 53,500
Rental options in Mayur Vihar 1 cater to a wide range of needs, from studio apartments at ₹23,000 per month to spacious 4 BHK units at ₹53,500 per month. Those seeking mid-range housing can opt for 1 BHK or 2 BHK apartments, which average ₹14,800 and ₹25,300 per month respectively. The 3 BHK segment remains a popular choice, commanding an average monthly rent of ₹39,850.
Locality Rate (₹/Sq.Ft) Change %
Jor Bagh 150 15.3
South Extension I 50 -24.6
South Extension 50 1.5
Kotla Mubarakpur 50 -5.3
Lodhi Colony 50 -
Mahaveer Nagar 50 -
Sarojini Nagar 50 -
South Extension Ii 50 -2.8
Defence Colony 100 9.1
Safdarjung Enclave 100 26.6
Rental rates across Delhi vary significantly, with localities like Jor Bagh commanding premium rates of ₹150 per sq ft. In contrast, areas such as South Extension and Defence Colony offer diverse rental environments, with rates ranging from ₹50 to ₹100 per sq ft. Safdarjung Enclave has seen a notable increase in rental demand, with rates rising by 26.56% to reach ₹100 per sq ft.
Property Type Rate (₹/Sq.Ft) Change %
Apartment 50 6.1
The apartment rental market in Mayur Vihar 1 remains steady, with an average rate of ₹50 per sq ft. This sector has experienced a positive growth of 6.06% year-over-year, indicating a consistent demand for apartment-style living in the area.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 37,700 /Sq.Ft
Govt Registration Rate ₹ 18,300 /Sq.Ft
Avg. Asking Price ₹ 18,200 /Sq.Ft
Avg. Asking Price ₹ 16,000 /Sq.Ft
Govt Registration Rate ₹ 9,650 /Sq.Ft
Avg. Asking Price ₹ 15,100 /Sq.Ft
Avg. Asking Price ₹ 13,550 /Sq.Ft
Govt Registration Rate ₹ 8,750 /Sq.Ft
Avg. Asking Price ₹ 12,650 /Sq.Ft
Govt Registration Rate ₹ 9,100 /Sq.Ft
Avg. Asking Price ₹ 12,400 /Sq.Ft
Avg. Asking Price ₹ 9,200 /Sq.Ft
Avg. Asking Price ₹ 6,800 /Sq.Ft
Avg. Asking Price ₹ 6,600 /Sq.Ft
Govt Registration Rate ₹ 7,550 /Sq.Ft

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

Avg. Asking Price ₹ 22,950 /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 ₹15,150 per sq ft. This figure reflects an appreciation of 11.19% compared to previous periods, indicating a robust demand for residential property in this locality.

How have property prices in Mayur Vihar 1 trended recently?

Property prices in Mayur Vihar 1 have shown a consistent upward trajectory through the first half of 2026. Data for June 2026 shows an average asking price of ₹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. This steady growth suggests sustained buyer interest and market confidence in the area.

What are the rental rates for different apartment sizes in Mayur Vihar 1?

Rental rates in Mayur Vihar 1 vary significantly by unit size to accommodate different tenant profiles. As of June 2026, the average monthly rent is ₹14,800 for 1 BHK, ₹25,300 for 2 BHK, ₹39,850 for 3 BHK, and ₹53,500 for 4 BHK apartments, while studio apartments average ₹23,000 per month.

What is the rental yield in Mayur Vihar 1 and what does it mean for investors?

The rental yield in Mayur Vihar 1 currently stands at 2.77% as of June 2026. This yield represents the annual rental income relative to the property's purchase price, serving as a key metric for investors to evaluate the income-generating potential of their real estate assets in the locality.

How do rental rates for apartments in Mayur Vihar 1 compare to other areas?

Apartments in Mayur Vihar 1 command an average rental rate of ₹50 per sq ft as of June 2026, which has appreciated by 6.06% compared to the prior period. This rate is notably more accessible than premium markets like Jor Bagh at ₹150 per sq ft or Defence Colony at ₹100 per sq ft, offering a different value proposition for both tenants and landlords.

What is the price difference between Ready To Move and other properties in Mayur Vihar 1?

Ready To Move properties in Mayur Vihar 1 are currently priced at an average of ₹17,050 per sq ft as of June 2026. This segment has seen significant appreciation of 24.62% compared to previous periods, reflecting a strong preference among buyers for immediate possession and reduced construction risk.

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

As of June 2026, Vasant Apartment Mayur Vihar is a prominent project with a listing rate of ₹17,150 per sq ft, having appreciated by 54.96% compared to the prior period. Additionally, Nextra The Address is another key project in the locality with a stable listing rate of ₹12,250 per sq ft.

How should a buyer interpret the property rate data for Mayur Vihar 1?

Buyers should use the June 2026 average asking price of ₹15,150 per sq ft as a baseline to evaluate property valuations in Mayur Vihar 1. By observing the 11.19% appreciation trend and comparing it with specific project rates like Vasant Apartment Mayur Vihar, investors and end-users can better gauge whether a specific listing is priced competitively against the current market standard.

Country/City