Property rates in Mayur Vihar 1 average ₹13,650 per sq ft. This micromarket has seen a slight correction in recent quarters, adjusting from previous highs. Investment appeal is supported by a steady rental yield of 2.90%, with 3 BHK units particularly drawing interest. The locality maintains a consistent supply of ready-to-move residential projects, providing immediate options for homebuyers looking to enter this established Delhi neighborhood while balancing current market pricing trends.
Insights for Mayur Vihar 1, Delhi Real Estate Market Overview
The real estate market in Mayur Vihar 1 is defined by a mix of established residential inventory and stable rental demand. Current asking prices have moderated slightly, providing a more accessible entry point for prospective buyers compared to recent quarterly peaks. Rental activity remains a key component of the local economy, with yields reflecting the area's ongoing appeal to families and professionals. Development in the region is largely focused on ready-to-move projects, which continue to dominate the transaction landscape.
Average property rates now stand at ₹13,650 per sq ft, reflecting a recent adjustment in market valuation.
The rental market offers an average yield of 2.90%, highlighting consistent interest from tenants.
Ready-to-move properties remain the primary choice for buyers, with 29 active projects currently listed.
Monthly rental rates for 3 BHK apartments average ₹34,200, serving as a benchmark for larger residential units.
Nextra The Address stands out as a notable project, maintaining a competitive rental rate of ₹30 per sq ft.
Market Strengths
The locality maintains a solid average property rate of ₹13,650 per sq ft, balancing affordability and value.
A diverse range of rental options exists, from studios at ₹11,500 per month to 4 BHK units at ₹45,000 per month.
The presence of 29 ready-to-move projects ensures high liquidity for prospective homebuyers.
Well-occupied projects show resilience with a positive price trend of 0.67%.
Rental yields of 2.90% indicate a functional and active leasing market.
Market Challenges
Ready-to-move residential projects have seen a price change of -7.58%, reflecting recent market softening.
Overall apartment prices have experienced a decline of -3.17% over the last year.
General rental rates have seen a marginal decline of -2.94% across the locality.
Investment Opportunities
Investors can leverage a stable rental yield of 2.90% in the residential apartment segment.
Well-occupied projects currently offer a lower entry price point of ₹12,850 per sq ft compared to the broader market average.
The 3 BHK rental segment provides a steady monthly income stream averaging ₹34,200.
Strategic entry into ready-to-move inventory at current price levels allows for immediate rental income generation.
Top Localities in Mayur Vihar 1, Delhi
Jor Bagh
Avg Price₹ 60,150 /sqft
Avg Rent₹ 118 /sq
ft
YIELD
+ 2.35
LISTINGS
77
Price Trend
Mayur Vihar 1, Delhi Property Price Trends and Appreciation
Property rates in Mayur Vihar 1 have fluctuated over the last three quarters, starting from ₹13,550 per sq ft in September 2025. Following a peak of ₹14,100 per sq ft in December 2025, prices have adjusted to the current level of ₹13,650 per sq ft as of March 2026. This trend reflects a cooling period that aligns with broader micromarket movements.
Mayur Vihar 1 sits within a broader Delhi landscape where property rates vary significantly by neighborhood. While Mayur Vihar 1 averages ₹13,650 per sq ft, premium hubs like Defence Colony command significantly higher rates at ₹42,500 per sq ft. Other areas such as Green Park and Greater Kailash I hover around the ₹31,500 to ₹32,100 per sq ft range, illustrating the diverse pricing tiers present across the city's residential map.
Residential apartments in Mayur Vihar 1 are currently priced at an average of ₹13,650 per sq ft. This segment has experienced a change of -3.17% over the recent period, reflecting a shift in buyer demand and inventory availability. The market focus remains firmly on apartment-style living, which serves as the primary residential offering for the locality.
The market in Mayur Vihar 1 provides options for both immediate and future occupancy. Ready-to-move projects, which account for 29 units, are priced at an average of ₹13,750 per sq ft, though they have seen a change of -7.58%. Meanwhile, well-occupied projects offer a more stable entry point at ₹12,850 per sq ft, showing a positive change of 0.67%.
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 ₹ 6.45 Cr to 7.18 Cr.
Eldeco Camelot
₹ 6.45 Cr - ₹ 7.18 Cr
Dwarka, Delhi
DLF Midtown Plaza
Price On Request
West Delhi, Delhi
DLF One Midtown
₹ 4.75 Cr - ₹ 10.5 Cr
West Delhi, Delhi
New Launch
Under Construction
Ready to Move
Top Developersin Mayur Vihar
Nextra Developers leads in Mayur Vihar with 1 projects and years of experience.
Premium residential developments in Mayur Vihar 1 represent the aspirational segment of the local market. Nextra The Address leads the listings in this locality, with current rates priced at ₹12,250 per sq ft. This project serves as a key benchmark for buyers seeking established residential options within the area.
Project Name
Rate (₹/sq.ft)
Change %
Nextra The Address, Mayur Vihar 1
30
-
Nextra The Address is a primary rental project in Mayur Vihar 1, with a current rental rate of ₹30 per sq ft. This development aligns with the local average and offers a consistent option for tenants seeking established residential projects in the area.
Rental Trends
Rental Trends and Average Rent in Mayur Vihar 1, Delhi
Rental rates in Mayur Vihar 1 scale consistently with unit size, starting at ₹11,500 per month for studios. 1 BHK units average ₹14,800, while 2 BHK and 3 BHK apartments command ₹21,600 and ₹34,200 per month, respectively. For larger requirements, 4 BHK units are available at an average of ₹45,000 per month. Rental performance varies across Delhi, with Chanakyapuri leading at ₹150 per sq ft and Jor Bagh at ₹100 per sq ft. Other key areas like South Extension and Safdarjung Enclave maintain a stable average of ₹50 per sq ft. Mayur Vihar 1 provides a more accessible rental environment compared to these premium central hubs. Apartments in Mayur Vihar 1 are the primary rental asset class, currently averaging ₹50 per sq ft. This segment has seen a slight adjustment of -2.94% in rental pricing over the past year, reflecting broader trends in the local leasing market. Nextra The Address is a primary rental project in Mayur Vihar 1, with a current rental rate of ₹30 per sq ft. This development aligns with the local average and offers a consistent option for tenants seeking established residential projects in the area.
Rental rates in Mayur Vihar 1 scale consistently with unit size, starting at ₹11,500 per month for studios. 1 BHK units average ₹14,800, while 2 BHK and 3 BHK apartments command ₹21,600 and ₹34,200 per month, respectively. For larger requirements, 4 BHK units are available at an average of ₹45,000 per month.
Rental performance varies across Delhi, with Chanakyapuri leading at ₹150 per sq ft and Jor Bagh at ₹100 per sq ft. Other key areas like South Extension and Safdarjung Enclave maintain a stable average of ₹50 per sq ft. Mayur Vihar 1 provides a more accessible rental environment compared to these premium central hubs.
Apartments in Mayur Vihar 1 are the primary rental asset class, currently averaging ₹50 per sq ft. This segment has seen a slight adjustment of -2.94% in rental pricing over the past year, reflecting broader trends in the local leasing market.
Frequently Asked Questions About Property Rates in Mayur Vihar 1, Delhi
What is the current average asking price in Mayur Vihar 1?
As of March 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 the previous period, indicating a slight softening in market values. For potential buyers, this trend suggests a period of price correction, which may offer more competitive entry points into this residential locality.
How have property prices in Mayur Vihar 1 trended recently?
Property prices in Mayur Vihar 1 have shown a fluctuating trajectory over the last few quarters. As of March 2026, the location rate stands at ₹13,650 per sq ft, down from ₹14,100 per sq ft in December 2025. This downward movement from the end of 2025 to March 2026 signals a period of market adjustment, providing a useful data point for investors and end-users to gauge the current valuation environment.
How do property rates compare between Ready To Move and Well Occupied projects in Mayur Vihar 1?
In Mayur Vihar 1, Ready To Move properties are currently priced at an average of ₹13,750 per sq ft as of March 2026, having seen a depreciation of 7.58% compared to the prior period. In contrast, Well Occupied projects are priced at ₹13,850 per sq ft as of March 2026, which represents an appreciation of 0.67% over the same timeframe. This difference highlights that while Ready To Move inventory has seen a significant price correction, established, well-occupied projects have maintained better price stability.
What is the average rental yield in Mayur Vihar 1?
The average rental yield in Mayur Vihar 1 is 2.90% as of March 2026. Rental yield is a key metric for investors, representing the annual rental income relative to the property's purchase price. A yield of 2.90% provides a baseline for those looking to balance capital appreciation with consistent rental returns in this locality.
What are the typical monthly rental rates for different apartment sizes in Mayur Vihar 1?
As of March 2026, rental rates in Mayur Vihar 1 vary significantly by unit size to cater to different tenant profiles. Studio apartments average ₹11,500 per month, while 1 BHK units average ₹14,800 per month. Larger configurations command higher premiums, with 2 BHK units at ₹21,600 per month, 3 BHK units at ₹34,200 per month, and 4 BHK units reaching an average of ₹45,000 per month. These figures offer a clear guide for landlords and tenants on the prevailing market rates for various living spaces.
Which residential project in Mayur Vihar 1 is notable for its rental and listing rates?
Nextra The Address is a prominent project in Mayur Vihar 1, featuring a current listing rate of ₹12,250 per sq ft as of March 2026, with rates remaining stable at 0% change compared to the previous period. Regarding rentals, the project has a current rental rate of ₹30 per sq ft as of March 2026, also showing stable performance with 0% change. This project serves as a key benchmark for both buyers and renters looking for specific pricing signals within the locality.
How does the rental rate for apartments in Mayur Vihar 1 compare to the broader market?
As of March 2026, the average rental rate for apartments in Mayur Vihar 1 is ₹50 per sq ft. This rate has experienced a depreciation of 2.94% from the previous period. This adjustment reflects the broader rental market dynamics in the area, allowing tenants and property owners to align their expectations with the latest market-verified data.
How should a buyer interpret the price trend data provided for Mayur Vihar 1?
Buyers should view the price trend data as a tool for identifying market cycles rather than just current costs. With the location rate at ₹13,650 per sq ft in March 2026, comparing this against the December 2025 rate of ₹14,100 per sq ft shows a clear downward shift. Understanding these quarterly movements helps buyers determine whether to enter the market during a correction or wait for further stabilization.
