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Insights for Mayur Vihar 1, Delhi Real Estate Market Overview

Mayur Vihar 1 presents a stable residential landscape with property rates currently averaging ₹13,650 per sq ft. The market has observed a consistent upward trajectory over recent quarters, reflecting sustained interest from homebuyers and investors. Rental demand remains steady, supported by a diverse range of apartment configurations that cater to varying tenant requirements. While established projects continue to command value, the overall market environment remains focused on ready-to-move inventory that offers immediate utility.

  • Apartment properties lead the segment with an average price of ₹15,150 per sq ft, showing a notable growth of 11.19%.
  • Ready-to-move housing projects are priced at ₹13,650 per sq ft, providing reliable options for immediate occupancy.
  • Rental yields for the area stand at 2.90%, with 3 BHK units averaging ₹37,500 per month.
  • The micromarket has shown consistent quarterly appreciation, moving from ₹12,000 per sq ft in late 2025 to ₹13,850 per sq ft by mid-2026.

Market Strengths
  • Consistent quarterly appreciation in location rates from ₹13,550 to ₹15,150 per sq ft.
  • Strong rental demand for 3 BHK units, averaging ₹37,500 per month.
  • Robust apartment growth of 11.19% indicating a healthy demand for multi-story residential living.
  • Steady occupancy levels in well-established projects, maintaining an average rate of ₹12,850 per sq ft.
  • A reliable rental yield of 2.90% for income-focused investors.
Market Challenges
  • The 2.94% decline in average rental rates suggests a competitive landscape for landlords in certain segments.
  • Some established projects have seen price corrections, such as Vasant Apartment Mayur Vihar experiencing a -8.57% change.
  • Ready To Move inventory has faced a -8.01% change, indicating a need for careful project selection to ensure value retention.
Investment Opportunities
  • Capitalize on the 11.19% annual growth observed in the apartment segment for potential long-term value appreciation.
  • Target the 2.90% rental yield by investing in 2 BHK or 3 BHK units, which remain in high demand.
  • Explore Ready To Move projects priced at ₹13,650 per sq ft to mitigate construction-related risks.
  • Benefit from the consistent micromarket rate growth, which has risen from ₹12,000 to ₹13,850 per sq ft within a year.
Top Localities in Mayur Vihar 1, Delhi

Jor Bagh

Avg Price ₹ 60,150 /Sq.Ft.
Avg Rent ₹ 118 /Sq.Ft.
YIELD + 2.35
LISTINGS 45
Price Trend

Mayur Vihar 1, Delhi Property Price Trends and Appreciation

Mayur Vihar 1 has demonstrated a clear upward trend in property values over the last few quarters. The location rate grew from ₹13,550 per sq ft in September 2025 to ₹15,150 per sq ft by June 2026. This consistent rise highlights the growing appeal of the locality for long-term residential investment.
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
The surrounding micromarket has kept pace with local growth, seeing rates climb from ₹12,000 per sq ft in September 2025 to ₹13,850 per sq ft by June 2026. This trend aligns with the broader demand for residential space in this part of Delhi. Compared to premium South Delhi pockets like Defence Colony at ₹42,500 per sq ft or Greater Kailash I at ₹31,500 per sq ft, Mayur Vihar 1 offers a more accessible entry point for buyers.
Type Rate (₹/Sq.Ft) Change %
Apartment 15,150 11.2
Mayur Vihar 1 caters to diverse buyer preferences, with apartments serving as the primary residential category. These units are currently priced at an average of ₹15,150 per sq ft, experiencing a robust growth of 11.19%. This strong performance in the apartment segment reflects the rising demand for organized residential complexes in the area.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 34 13,556 -7
The market provides options for different timelines, with Ready To Move inventory being the most prominent. These 30 units are priced at ₹13,650 per sq ft, offering a stable choice for those seeking immediate occupancy. Additionally, Well Occupied projects provide 4 units at an average rate of ₹12,850 per sq ft, catering to buyers looking for established community living.
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-value benchmarks for the locality. Nextra The Address leads the segment with a current rate of ₹12,250 per sq ft. Vasant Apartment Mayur Vihar follows with a rate of ₹11,100 per sq ft, providing an alternative for those seeking established residential addresses in the area.
Project Name Rate (₹/Sq.Ft) Change %
Nextra The Address, Mayur Vihar 1 30 -
Nextra The Address is a key project for renters, with a current rental rate of ₹30 per sq ft. This project provides a consistent option for those looking to reside in a well-connected residential development in Mayur Vihar 1.
Rental Trends

Rental Trends and Average Rent in Mayur Vihar 1, Delhi

Rental rates vary significantly based on unit size, with 1 BHK apartments averaging ₹14,800 per month and 2 BHK units at ₹24,200 per month. Larger 3 BHK and 4 BHK units command higher monthly rents of ₹37,500 and ₹53,500 respectively. This tiered pricing structure allows tenants to select housing that best fits their space requirements and budget. Rental rates in the region show a varied landscape, with Defence Colony commanding a premium at ₹100 per sq ft. Other areas like South Extension and Sarojini Nagar hover around ₹50 per sq ft. Jor Bagh remains a high-value pocket for rentals at ₹150 per sq ft, showing a significant 12.71% increase. Apartment rentals in Mayur Vihar 1 average ₹50 per sq ft, reflecting a positive annual change of 6.06%. This growth indicates a stable and increasing demand for rental apartments within the locality. Nextra The Address is a key project for renters, with a current rental rate of ₹30 per sq ft. This project provides a consistent option for those looking to reside in a well-connected residential development 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 rates vary significantly based on unit size, with 1 BHK apartments averaging ₹14,800 per month and 2 BHK units at ₹24,200 per month. Larger 3 BHK and 4 BHK units command higher monthly rents of ₹37,500 and ₹53,500 respectively. This tiered pricing structure allows tenants to select housing that best fits their space requirements and budget.
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
Rental rates in the region show a varied landscape, with Defence Colony commanding a premium at ₹100 per sq ft. Other areas like South Extension and Sarojini Nagar hover around ₹50 per sq ft. Jor Bagh remains a high-value pocket for rentals at ₹150 per sq ft, showing a significant 12.71% increase.
Property Type Rate (₹/Sq.Ft) Change %
Apartment 50 6.1
Apartment rentals in Mayur Vihar 1 average ₹50 per sq ft, reflecting a positive annual change of 6.06%. This growth indicates a stable and increasing demand for rental apartments within the locality.

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 ₹ 18,350 /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
Govt Registration Rate ₹ 5,950 /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

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 periods, indicating a moderate adjustment in the local market pricing.

How have property prices in Mayur Vihar 1 trended recently?

Property prices in Mayur Vihar 1 have shown a fluctuating trajectory throughout the recent quarters. As of June 2026, the location rate stands at ₹15,150 per sq ft, up from ₹13,650 per sq ft in March 2026, suggesting a recent strengthening in demand for residential assets in this area.

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 2.90% as of June 2026. For investors, this yield represents the annual rental income relative to the property's purchase price, serving as a key metric to evaluate the income-generating potential of residential apartments in the locality.

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

Rental rates in Mayur Vihar 1 vary significantly based on the unit size, catering to a diverse tenant profile as of June 2026. Studio apartments command an average of ₹23,000 per month, while 1 BHK units average ₹14,800 per month. Larger configurations see higher demand, with 2 BHK units at ₹24,200 per month, 3 BHK units at ₹37,500 per month, and 4 BHK units reaching an average of ₹53,500 per month.

What is the price difference 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 has seen a depreciation of 8.01% over the observed period. In contrast, Well Occupied properties are priced at ₹12,850 per sq ft, showing a stable appreciation of 0.67% compared to previous data, reflecting a slight premium for newer ready-to-move inventory.

How does the rental rate 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 previous periods. This rate is competitive when compared to premium locations like Jor Bagh, which averages ₹150 per sq ft, or Defence Colony at ₹100 per sq ft, providing tenants with a more accessible entry point in the Delhi residential market.

Which projects are notable for their listing rates in Mayur Vihar 1?

Two prominent projects in Mayur Vihar 1 based on listing rates as of June 2026 are Nextra The Address and Vasant Apartment Mayur Vihar. Nextra The Address is listed at ₹12,250 per sq ft with stable pricing, while Vasant Apartment Mayur Vihar is listed at ₹11,100 per sq ft, having experienced a depreciation of 8.57% compared to the prior period.

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

Nextra The Address in Mayur Vihar 1 currently offers a rental rate of ₹30 per sq ft as of June 2026, with prices remaining stable at 0% change. While the project's current rental rate is ₹30 per sq ft, the broader average rental rate for the project is ₹50 per sq ft, indicating potential for rental growth as the project matures and occupancy increases.

What is the average price for apartments in Mayur Vihar 1?

As of June 2026, the average price for apartments in Mayur Vihar 1 is ₹15,150 per sq ft. This sector has seen a significant appreciation of 11.19% compared to previous periods, highlighting strong buyer interest in apartment-style living within this locality.

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