Property rates in Mayur Vihar 1 average ₹14,350 per sq ft. The local market has seen varied quarterly movement, recently stabilizing after earlier fluctuations. Investors looking at the rental market can expect a yield of 3.01%, supported by steady demand for diverse residential unit types. With ready-to-move projects priced at ₹16,250 per sq ft, the area remains a notable choice for those prioritizing immediate possession in the Delhi region.
Insights for Mayur Vihar 1, Delhi Real Estate Market Overview
The real estate landscape in Mayur Vihar 1 presents a balanced mix of residential options for both buyers and tenants. Recent quarterly data shows pricing adjustments, with current rates settling at ₹14,350 per sq ft after navigating recent market cycles. The rental segment is particularly active, offering a healthy yield of 3.01% and a wide range of configurations from studio apartments to spacious 4 BHK homes. Established projects continue to anchor the market, providing stable investment opportunities for those seeking long-term growth within this well-connected locality.
Current residential asking prices average ₹14,350 per sq ft.
Ready-to-move properties command a premium, averaging ₹16,250 per sq ft.
Rental yields reach 3.01%, reflecting strong demand for residential leasing.
Monthly rental rates for 3 BHK units average ₹39,000, while 4 BHK units reach ₹59,650.
Project-specific rental rates, such as those at Nextra The Address, offer competitive entry points for tenants.
Market Strengths
The locality maintains a competitive average asking price of ₹14,350 per sq ft.
A solid rental yield of 3.01% supports long-term residential investment.
Diverse rental options range from ₹23,000 for studios to ₹59,650 for 4 BHK units.
Ready-to-move inventory is available at an average of ₹16,250 per sq ft.
The presence of established projects like Nextra The Address adds credibility to the market.
Market Challenges
Apartment prices have seen a -5.35% change, indicating a recent market correction.
Ready-to-move projects have experienced a -4.53% change in average pricing.
Vasant Apartment Mayur Vihar has seen a -16.46% change in its listing rates.
Investment Opportunities
Rental yields of 3.01% offer a stable income stream for residential property investors.
Studio apartments are available for rent at an average of ₹23,000 per month, ideal for single professionals.
The 1 BHK segment provides an accessible entry point for tenants at ₹14,800 per month.
Investors can target 3 BHK units, which command an average monthly rent of ₹39,000.
Mayur Vihar 1, Delhi Property Price Trends and Appreciation
Property rates in Mayur Vihar 1 have experienced shifts over the past year, moving from ₹14,100 per sq ft in late 2025 to a peak of ₹15,150 per sq ft by mid-2026. Following this period of growth, the market adjusted to its current level of ₹14,350 per sq ft as of September 2026. This trend highlights the dynamic nature of pricing within the locality as it aligns with broader micromarket movements.
Mayur Vihar 1 sits within a competitive landscape of Delhi localities, each offering distinct value propositions. While high-end areas like Greater Kailash I command rates as high as ₹1.04 Lakh per sq ft, Mayur Vihar 1 remains a more accessible option at ₹14,350 per sq ft. Other nearby hubs like Lajpat Nagar average ₹19,550 per sq ft, and South Extension II stands at ₹21,400 per sq ft, illustrating the varied price brackets available to prospective buyers in the city.
The residential market in Mayur Vihar 1 is primarily driven by apartment living, which currently averages ₹14,350 per sq ft. This segment has seen a price adjustment of -5.35% over the recent period, reflecting a correction that may appeal to value-conscious buyers. These apartment configurations remain the core product type for the locality, catering to a wide range of residential needs.
Mayur Vihar 1 provides distinct choices for buyers based on their preferred possession timelines. Ready-to-move inventory is currently priced at an average of ₹16,250 per sq ft, experiencing a change of -4.53%. This supply caters to individuals who prioritize immediate occupancy and the ability to inspect the finished asset before finalizing their investment.
Project & Developer Insights
Top Residential Projects and Developers in Mayur Vihar 1
Top Projectsin Mayur Vihar
Eldeco Camelot is the top project in Mayur Vihar with prices from ₹ 6.69 Cr to 7.46 Cr.
Eldeco Camelot
₹ 6.69 Cr - ₹ 7.45 Cr
Dwarka, Delhi
DLF Midtown Plaza
Price On Request
West Delhi, Delhi
New Launch
Under Construction
Ready to Move
Top Developersin Delhi
Nextra Developers leads in Delhi with 1 projects and years of experience.
Premium residential developments define the upper tier of the Mayur Vihar 1 market. Vasant Apartment Mayur Vihar is currently priced at ₹14,350 per sq ft, showing a shift of -16.46% in recent tracking. Additionally, Nextra The Address serves as a key project in the area, offering units at ₹12,250 per sq ft, providing a different entry point for those seeking established residential addresses.
Project Name
Rate (₹/Sq.Ft)
Change %
Nextra The Address, Mayur Vihar 1
30
-
Nextra The Address is a notable project in the rental market, currently offering rates at ₹30 per sq ft. This project provides a consistent option for tenants within the Mayur Vihar 1 locality.
Rental Trends
Rental Trends and Average Rent in Mayur Vihar 1, Delhi
Rental rates in Mayur Vihar 1 cater to various needs, with studio apartments averaging ₹23,000 per month. Those seeking more space can find 1 BHK units for ₹14,800, while 2 BHK apartments average ₹24,400. Larger family-sized 3 BHK and 4 BHK units are priced at ₹39,000 and ₹59,650 per month, respectively. Rental performance across the region shows significant variance, with prime spots like Chanakyapuri and Jor Bagh commanding ₹150 per sq ft. Localities such as Defence Colony average ₹100 per sq ft, while Mayur Vihar 1 maintains an average rental rate of ₹36 per sq ft, reflecting its unique position in the city's rental hierarchy. Apartment rentals in Mayur Vihar 1 have shown positive momentum, with average rates of ₹50 per sq ft. This category has experienced a 2.86% increase, indicating steady growth in demand for apartment-style living in the area. Nextra The Address is a notable project in the rental market, currently offering rates at ₹30 per sq ft. This project provides a consistent option for tenants within the Mayur Vihar 1 locality.
Rental rates in Mayur Vihar 1 cater to various needs, with studio apartments averaging ₹23,000 per month. Those seeking more space can find 1 BHK units for ₹14,800, while 2 BHK apartments average ₹24,400. Larger family-sized 3 BHK and 4 BHK units are priced at ₹39,000 and ₹59,650 per month, respectively.
Rental performance across the region shows significant variance, with prime spots like Chanakyapuri and Jor Bagh commanding ₹150 per sq ft. Localities such as Defence Colony average ₹100 per sq ft, while Mayur Vihar 1 maintains an average rental rate of ₹36 per sq ft, reflecting its unique position in the city's rental hierarchy.
Apartment rentals in Mayur Vihar 1 have shown positive momentum, with average rates of ₹50 per sq ft. This category has experienced a 2.86% increase, indicating steady growth in demand for apartment-style living in the area.
Frequently Asked Questions About Property Rates in Mayur Vihar 1, Delhi
What is the current average asking price in Mayur Vihar 1?
As of Sep 2026, the average asking price in Mayur Vihar 1 stands at ₹14,350 per sq ft. This figure reflects a depreciation of 5.35% compared to the previous period, indicating a recent market correction in the locality's residential apartment segment.
How have property prices in Mayur Vihar 1 trended recently?
Property prices in Mayur Vihar 1 have shown a fluctuating trajectory throughout 2026. Data from Sep 2026 shows an average asking price of ₹14,350 per sq ft, following a peak of ₹15,150 per sq ft in Jun 2026 and a lower point of ₹13,650 per sq ft in Mar 2026. This volatility suggests that buyers and investors should monitor these quarterly shifts closely to time their entry into the market effectively.
What is the rental yield in Mayur Vihar 1 and what does it mean for investors?
The rental yield in Mayur Vihar 1 is currently 3.01% as of Sep 2026. For investors, this yield represents the annual return on investment generated through rental income relative to the property's capital value. While the average rental rate is ₹36 per sq ft, which has appreciated by 2.86% over the observed period, a yield of 3.01% is a key metric for those balancing potential capital appreciation with consistent monthly cash flow.
What are the typical monthly rental rates for different BHK configurations in Mayur Vihar 1?
Rental rates in Mayur Vihar 1 vary significantly based on the unit size, with current monthly averages as of Sep 2026 being ₹23,000 for a Studio, ₹14,800 for a 1 BHK, ₹24,400 for a 2 BHK, ₹39,000 for a 3 BHK, and ₹59,650 for a 4 BHK. These figures provide a clear benchmark for tenants looking to budget for their housing needs and for landlords assessing the income potential of their assets across different segments.
How do rental rates for apartments in Mayur Vihar 1 compare to other areas?
As of Sep 2026, the average rental rate for apartments in Mayur Vihar 1 is ₹50 per sq ft, which has appreciated by 2.86% compared to the previous period. When compared to premium localities like Jor Bagh or Chanakyapuri, which command ₹150 per sq ft, Mayur Vihar 1 offers a more accessible entry point for renters while maintaining a positive growth trend in rental values.
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 ₹16,250 per sq ft as of Sep 2026. This segment has experienced a depreciation of 4.53% over the observed period. Investors and homebuyers often prioritize Ready To Move units to mitigate construction-related risks, though it is important to note that these properties currently command a premium over the general locality average of ₹14,350 per sq ft.
Which are the notable residential projects in Mayur Vihar 1 by listing rates?
Two prominent projects in Mayur Vihar 1 are Vasant Apartment Mayur Vihar and Nextra The Address. As of Sep 2026, Vasant Apartment Mayur Vihar is listed at ₹14,350 per sq ft, showing a depreciation of 16.46% compared to the prior period. Meanwhile, Nextra The Address maintains a stable listing rate of ₹12,250 per sq ft, with no change in its pricing over the same timeframe.
How should a buyer interpret the property rate data for Mayur Vihar 1?
Buyers should use the data for Mayur Vihar 1 to understand the balance between current asking prices and historical trends. With the average asking price at ₹14,350 per sq ft as of Sep 2026 and a 5.35% depreciation, the market currently shows signs of softening, which may present negotiation opportunities for end-users. Always compare the specific project rates, such as the ₹12,250 per sq ft at Nextra The Address, against the broader locality average to determine if a property is priced competitively.
