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Property Rates in Mayur Vihar 1, Delhi

Comprehensive Market Snapshot

The Mayur Vihar 1 real estate market in Delhi presents a dynamic landscape, with current asking prices averaging ₹13,081 per sq ft. Recent quarterly trends indicate a notable appreciation, especially towards December 2025, suggesting positive momentum. The market primarily caters to the apartment segment, where properties are available in both 'Ready To Move' and 'Well Occupied' statuses, each commanding distinct price points. Top projects in the area showcase a range of values, with some reaching as high as ₹20,762 per sq ft, highlighting premium offerings.

  • Asking Sale Price₹ 13,081/sq.ft
  • Insights
  • Price Trend
  • Project and Developer Insights

Insights for Mayur Vihar 1, Delhi Real Estate Market

Mayur Vihar 1, a prominent locality in Delhi, currently features an average asking price of ₹13,081 per sq ft, positioning it as a competitive residential hub. Analyzing recent quarterly trends, the market experienced a significant uptick, with the average location rate rising from ₹13,537 per sq ft in September 2025 to ₹14,080 per sq ft by December 2025, reflecting a healthy 4.01% growth. While apartments dominate the property types, registering an average of ₹13,081 per sq ft, they have seen a slight annual decline of 7.1%. Properties are largely available as 'Ready To Move', which command a premium at ₹14,861 per sq ft, compared to 'Well Occupied' units priced around ₹12,777 per sq ft, though both segments have experienced recent price corrections. Compared to other Delhi localities, Mayur Vihar 1 offers more accessible pricing than luxury areas like Chanakyapuri (₹76,182 per sq ft) or Jor Bagh (₹60,162 per sq ft), while being higher than Gautam Nagar (₹10,495 per sq ft). Premium projects like OCS Apartment and Manas Apartments lead the market with higher asking rates, showcasing the area's diverse offerings. The absence of government registration data suggests a need for improved transparency or indicates a period of fewer recorded transactions.

Market Strengths Market Strengths
  • Positive quarterly price growth (4.01% from Sep to Dec 2025) indicates improving market sentiment and demand.
  • Mayur Vihar 1 offers an average asking price of ₹13,081 per sq ft, making it a competitive and relatively affordable option compared to many upscale Delhi localities.
  • The presence of established projects with varying price points, including premium offerings, caters to a broad spectrum of buyers.
  • A significant inventory of 'Ready To Move' properties (18 units) meets the demand for immediate possession, appealing to end-users.
  • The strong focus on apartments suggests a well-developed and liquid market for this property type.
  • The locality's strategic position within Delhi contributes to its desirability and long-term investment potential.
Market Challenges Market Challenges
  • The absence of government registration data makes it difficult to assess real transaction volumes and values, impacting market transparency.
  • The lack of average rental rate data presents a challenge for investors focused on rental income projections.
  • Apartment prices have seen an annual decline of 7.1%, and both 'Ready To Move' and 'Well Occupied' segments experienced price corrections (-9.18% and -13.09% respectively), indicating potential market volatility.
  • Limited diversity in property types, with only apartments listed, might restrict options for buyers seeking other property forms like independent houses or plots.
  • The 'Well Occupied' segment has very few units (2), suggesting limited inventory for certain buyer preferences.
Investment Opportunities Investment Opportunities
  • Recent quarterly price growth (4.01% increase from Sep to Dec 2025) suggests potential for short-term capital appreciation.
  • The dominance of the apartment segment provides a clear focus for investors seeking established residential property types.
  • Ready To Move properties, despite recent price corrections, still command a premium, indicating stable demand for immediate occupancy.
  • Mayur Vihar 1's average pricing is relatively affordable compared to many prime South Delhi localities, offering a more accessible entry point for investors.
  • A diverse range of projects with varied price points allows investors to select properties based on budget and expected returns.
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Property Price Trends in Mayur Vihar 1, Delhi

Asking Price Trends

The asking price trends in Mayur Vihar 1 demonstrate a positive trajectory in recent quarters. The average location rate, which stood at ₹13,537 per sq ft in September 2025, saw an encouraging increase to ₹14,080 per sq ft by December 2025. This quarterly growth of approximately 4.01% indicates a strengthening market sentiment and potential for continued appreciation in the near term.

Quarter City Rate
Dec 2025 14080
Sep 2025 13537
Jun 2025 0
Mar 2025 0
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Price Trends by Property Type

The Mayur Vihar 1 real estate market is predominantly characterized by its robust apartment segment. Apartments here average ₹13,081 per sq ft, serving as the primary offering for homebuyers and investors. While this segment has experienced a 7.1% change, its consistent presence underscores the demand for multi-family dwellings in the locality.

Type Rate (₹/sq.ft) Change %
Apartment 13,081 -7.1
Price Trends by Project Status

The Mayur Vihar 1 market offers properties across various development stages catering to different buyer timelines. Ready To Move inventory, comprising 18 units, averages ₹14,861 per sq ft, appealing to immediate occupancy seekers, although it has seen a 9.18% change. Meanwhile, 'Well Occupied' units, with 2 available, are priced at ₹12,777 per sq ft, experiencing a 13.09% change. This diverse supply mix enables buyers to balance possession timing with pricing preferences.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 20 14,653 -9.57
Price Trends by Localities

Mayur Vihar 1 offers a compelling price point within the Delhi real estate landscape, with an average asking rate of ₹13,081 per sq ft. This positions it significantly below ultra-luxury locales like Chanakyapuri, which commands ₹76,182 per sq ft, and Jor Bagh at ₹60,162 per sq ft. Even compared to established South Delhi areas such as South Extension (₹26,040 per sq ft) and Defence Colony (₹44,297 per sq ft), Mayur Vihar 1 presents a more accessible entry. However, it still stands at a premium over more budget-friendly options like Safdarjang Enclave (₹9,472 per sq ft) and Gautam Nagar (₹10,495 per sq ft), highlighting its balanced market position.

Location Rate (₹/sq.ft) Change %
Jor Bagh 60,162 -9.1
South Extension 26,040 -17.5
South Extension Ii 27,554 0.2
Gautam Nagar 10,495 -
Defence Colony 44,297 3
Safdarjang Enclave 9,472 -
Chanakyapuri 76,182 13.1
Neeti Bagh 39,704 1.9
Gulmohar Park 41,866 -2.5
Green Park 31,949 10.1

Project and Developer Insights

Top Projects by Listing Rates

Premium residential developments in Mayur Vihar 1 are commanding significant asking prices, reflecting their quality and prime location. Leading the segment, OCS Apartment is priced at ₹20,762 per sq ft, setting a high-value benchmark. Manas Apartments follows closely with an average of ₹19,513 per sq ft, while Bhagyawan Apartment offers properties at ₹17,882 per sq ft. Other notable projects like IFS Apartment and Vigyapan Lok Apartments also feature prominently in the top tier, representing the aspirational segment of the market.

  • Listing Rate
Project Name Rate (₹/sq.ft) Change %
Ocs Apartment 20,762 -
Manas Apartments 19,513 -
Bhagyawan Apartment 17,882 -
Ifs Apartment 16,953 -6.2
Vigyapan Lok Apartments 16,856 -
Supreme Enclave 16,275 -5.8
Uma Apartment 16,163 0.9
Nirman Apartments 14,368 -
Arur Apartments 13,562 -0.2
Hindustan Times Apartments 13,059 -
Top Developers in Mayur Vihar
Nextra Developers leads in Mayur Vihar with 1 projects and years of experience.
DLF
Nextra Developers
  • 1 Projects
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