Delhi
The real estate market in Mayur Vihar is currently experiencing a positive shift, with property values reaching ₹16,500 per sq ft. This growth is particularly notable when compared to the broader micromarket, which is currently priced at ₹12,150 per sq ft. Rental activity remains consistent, with a diverse range of unit options from studios to large 4 BHK apartments. Investors are finding value in the area's steady rental yield, which complements the ongoing capital appreciation observed over the past few quarters. The market displays a clear preference for residential apartments, while other property types maintain their own unique price points within the local landscape.
As of March 2026, the average asking price in Mayur Vihar is ₹16,500 per sq ft. This figure reflects an appreciation of 4.51% compared to previous periods, indicating a resilient demand for residential apartments in this locality.
Property rates in Mayur Vihar have shown a consistent upward trajectory over the last few quarters. The location rate moved from ₹12,750 per sq ft in June 2025 to ₹15,450 per sq ft in September 2025, reaching ₹15,750 per sq ft in December 2025, and finally settling at ₹16,500 per sq ft as of March 2026. This steady growth signals sustained buyer interest and market confidence in the area.
Property prices in Mayur Vihar, at ₹16,500 per sq ft, sit in the mid-to-high range when compared to surrounding areas. For instance, Vasundhara Enclave has an average asking price of ₹13,350 per sq ft (which appreciated by 10.38%), while Patparganj stands at ₹15,100 per sq ft (an appreciation of 10.61%). In contrast, premium hubs like Okhla and New Friends Colony command significantly higher rates at ₹23,200 per sq ft and ₹25,700 per sq ft, respectively.
As of March 2026, apartments in Mayur Vihar are priced at an average of ₹16,500 per sq ft, having appreciated by 4.51%. Conversely, villas are currently priced at ₹7,450 per sq ft, reflecting a depreciation of 13.47% compared to previous periods. This significant price gap highlights that the market in Mayur Vihar is currently dominated by apartment-style living.
As of March 2026, Ready To Move projects in Mayur Vihar are available at an average price of ₹12,500 per sq ft. This rate has seen a minor depreciation of 0.78% compared to previous periods, suggesting a stable market environment for buyers looking for immediate possession.
The average rental yield in Mayur Vihar is 2.62% as of March 2026. This yield represents the annual rental income relative to the property's capital value, providing investors with a baseline to evaluate the income-generating potential of their residential assets in the locality.
Rental rates in Mayur Vihar scale according to the size of the unit, catering to a diverse tenant base. As of March 2026, a Studio apartment averages ₹10,900 per month, while a 1 BHK averages ₹14,650 per month. Larger configurations command higher premiums, with 2 BHK units at ₹18,800 per month, 3 BHK units at ₹28,300 per month, and 4 BHK units at ₹48,250 per month.
Rental rates across the vicinity of Mayur Vihar are largely uniform at ₹50 per sq ft. While many areas like Kotla, Ganesh Nagar, and Mandawali have maintained stable rental rates, some localities have shown volatility. For example, Acharya Niketan has seen an appreciation of 13.33%, whereas New Ashok Nagar has experienced a significant depreciation of 41.94% in rental rates as of March 2026.
The property rates data provided for March 2026 serves as a benchmark for understanding market positioning in Mayur Vihar. By analyzing the average asking price of ₹16,500 per sq ft alongside historical trends and property status, buyers can assess whether current listings are aligned with broader market movements. It is recommended to compare these locality-level averages with specific project-level data to make informed investment or purchase decisions.
