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Insights for Mayur Vihar, Delhi Real Estate Market Overview

Mayur Vihar has demonstrated a consistent appreciation in property values, with rates rising from ₹15,450 per sq ft in late 2025 to reach current levels of ₹16,800 per sq ft. This growth is mirrored in the rental market, where diverse residential options ranging from studios to spacious 4 BHK units cater to a wide tenant base. The area remains a preferred choice due to its established infrastructure and proximity to key employment hubs in Delhi. Investors are increasingly looking at the steady rental income potential, which complements the capital appreciation seen in recent quarters.

  • Residential apartments currently command an average price of ₹16,800 per sq ft.
  • Rental rates for 4 BHK apartments average ₹48,950 per month, reflecting premium demand.
  • Studio apartments offer an entry-level rental option at ₹12,300 per month.
  • The micromarket has shown robust price growth, moving from ₹11,350 to ₹12,950 per sq ft within a year.
  • Rental yields in the area hold steady at 2.64%, providing a reliable return for property owners.

Market Strengths
  • Consistent capital appreciation with rates moving from ₹15,450 to ₹16,800 per sq ft over four quarters.
  • Strong demand for residential apartments with a positive price growth of 1.83%.
  • Diverse rental portfolio ranging from studio apartments at ₹12,300 to 4 BHK units at ₹48,950 per month.
  • High rental interest in Mandawali, which recorded a 38.46% increase in rental rates.
  • Patparganj and IP Extension show strong rental growth, rising by 21.43% and 10% respectively.
Market Challenges
  • Villa segment pricing has seen a decline of -13.47%, indicating a shift in buyer preference toward apartments.
  • Office space rental rates have experienced a significant adjustment of -20.69% over the past year.
  • New Ashok Nagar rental rates have seen a sharp decline of -33.33%.
Investment Opportunities
  • Investment in 2 BHK apartments offers a stable rental income stream with an average of ₹20,200 per month.
  • The 3 BHK segment remains a strong candidate for long-term rental appreciation, currently averaging ₹29,300 per month.
  • Well-occupied projects provide a lower entry point at ₹12,950 per sq ft compared to the general market average.
  • Rental yield of 2.64% provides a consistent return for investors focused on steady income generation.
Top Localities in Mayur Vihar, Delhi

New Ashok Nagar

Avg Price ₹ 5,700 /Sq.Ft.
Avg Rent ₹ 12 /Sq.Ft.
YIELD + 2.53
LISTINGS 30

Vasundhara Enclave

Avg Price ₹ 13,350 /Sq.Ft.
LISTINGS 6
Price Trend

Mayur Vihar, Delhi Property Price Trends and Appreciation

Mayur Vihar has experienced a clear upward trend in property values over the last four quarters. Prices rose from ₹15,450 per sq ft in September 2025 to ₹15,750 per sq ft by December 2025. This momentum continued into 2026, with the average rate reaching ₹16,500 per sq ft in March and further climbing to ₹16,800 per sq ft by June 2026.
Asking Price Trends
₹ 16,800/Sq.Ft + 1.83 % QoQ
Sep 2025 — Jun 2026
Quarter City Rate
Jun 2026 16800
Mar 2026 16500
Dec 2025 15750
Sep 2025 15450
About Asking Price Trends
Mayur Vihar Property Price Comparison
  • By Localities
  • By Property Type
Location Rate (₹/Sq.Ft) Change %
Ip Extension 16,800 19.4
Patparganj 16,200 7.2
New Friends Colony 24,500 -4.7
Okhla 17,800 -23.4
The surrounding areas of Mayur Vihar display a competitive pricing landscape. IP Extension commands an average of ₹16,800 per sq ft, matching the primary location, while Patparganj follows closely at ₹16,200 per sq ft. In contrast, New Friends Colony averages a higher ₹24,500 per sq ft, and Okhla is currently priced at ₹17,800 per sq ft. These variations highlight the distinct value propositions each neighborhood offers within the Delhi real estate market.
Type Rate (₹/Sq.Ft) Change %
Villa 7,450 -13.5
Apartment 16,800 1.8
Mayur Vihar's real estate market caters to diverse buyer preferences across property categories. Residential apartments lead the market at ₹16,800 per sq ft, experiencing a 1.83% increase, while villa options are available at ₹7,450 per sq ft following a -13.47% adjustment. These segments provide distinct choices for those looking to balance their budget with specific lifestyle requirements.
Rental Trends

Rental Trends and Average Rent in Mayur Vihar, Delhi

Rental rates in Mayur Vihar scale according to unit size, starting at ₹12,300 per month for studio apartments. 1 BHK units average ₹16,150 per month, while 2 BHK and 3 BHK units command ₹20,200 and ₹29,300 per month respectively. For those seeking larger living spaces, 4 BHK apartments are available at an average monthly rent of ₹48,950. Rental rates across the region show varied performance, with many areas like Mayur Vihar Phase 1 Extension, Acharya Niketan, and Kotla all averaging ₹50 per sq ft. Mandawali has seen the most significant growth, with a 38.46% increase, while Patparganj also performed well with a 21.43% rise. Conversely, New Ashok Nagar has seen a notable shift in rental pricing with a -33.33% change. The rental market is dominated by apartments which average ₹50 per sq ft, reflecting a 2.78% increase. Meanwhile, office spaces in the area are currently averaging ₹50 per sq ft, having undergone a -20.69% change compared to the previous period.
Mayur Vihar Rent Comparison
  • By Unit Type
  • By Location
  • By Property Type
Unit Type Rate (₹)
Studio 12,300
1 Bhk 16,150
2 Bhk 20,200
3 Bhk 29,300
4 Bhk 48,950
Rental rates in Mayur Vihar scale according to unit size, starting at ₹12,300 per month for studio apartments. 1 BHK units average ₹16,150 per month, while 2 BHK and 3 BHK units command ₹20,200 and ₹29,300 per month respectively. For those seeking larger living spaces, 4 BHK apartments are available at an average monthly rent of ₹48,950.
Locality Rate (₹/Sq.Ft) Change %
Mayur Vihar Phase 1 Extension 50 7.5
Acharya Niketan 50 17.7
Kotla 50 3.1
New Ashok Nagar 50 -33.3
Pandav Nagar 50 -
Ganesh Nagar 50 -
Mandawali 50 38.5
Ip Extension 50 10
Patparganj 50 21.4
Gazipur 50 2
Rental rates across the region show varied performance, with many areas like Mayur Vihar Phase 1 Extension, Acharya Niketan, and Kotla all averaging ₹50 per sq ft. Mandawali has seen the most significant growth, with a 38.46% increase, while Patparganj also performed well with a 21.43% rise. Conversely, New Ashok Nagar has seen a notable shift in rental pricing with a -33.33% change.
Property Type Rate (₹/Sq.Ft) Change %
Office Space 50 -20.7
Apartment 50 2.8
The rental market is dominated by apartments which average ₹50 per sq ft, reflecting a 2.78% increase. Meanwhile, office spaces in the area are currently averaging ₹50 per sq ft, having undergone a -20.69% change compared to the previous period.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 16,000 /Sq.Ft
Govt Registration Rate ₹ 9,650 /Sq.Ft
Avg. Asking Price ₹ 13,550 /Sq.Ft
Govt Registration Rate ₹ 8,750 /Sq.Ft
Avg. Asking Price ₹ 12,650 /Sq.Ft
Govt Registration Rate ₹ 9,100 /Sq.Ft
Avg. Asking Price ₹ 12,400 /Sq.Ft
Avg. Asking Price ₹ 9,400 /Sq.Ft
Govt Registration Rate ₹ 3,700 /Sq.Ft
Avg. Asking Price ₹ 9,200 /Sq.Ft
Avg. Asking Price ₹ 6,800 /Sq.Ft
Avg. Asking Price ₹ 6,600 /Sq.Ft
Govt Registration Rate ₹ 7,550 /Sq.Ft

Micromarket-Wise Property Price Trends Around Mayur Vihar, Delhi

Avg. Asking Price ₹ 22,950 /Sq.Ft

More insights about Mayur Vihar, Delhi

FAQ

Frequently Asked Questions About Property Rates in Mayur Vihar, Delhi

What is the current average asking price in Mayur Vihar?

As of June 2026, the average asking price in Mayur Vihar is ₹16,800 per sq ft. This figure reflects an appreciation of 1.83% compared to the previous period, signaling a steady demand for residential apartments in this locality.

How have property prices in Mayur Vihar trended over the last year?

Property prices in Mayur Vihar have shown a consistent upward trajectory from September 2025 to June 2026. The location rate grew from ₹15,450 per sq ft in September 2025 to ₹16,800 per sq ft by June 2026, indicating sustained buyer interest and market confidence in the area.

How do property prices in Mayur Vihar compare to nearby neighbourhoods?

Property prices in Mayur Vihar, at ₹16,800 per sq ft, sit in a mid-to-high range compared to surrounding areas. For instance, New Friends Colony commands a higher average of ₹24,500 per sq ft, though it has seen a depreciation of 4.67%. Conversely, Okhla is priced at ₹17,800 per sq ft but has experienced a significant depreciation of 23.37%, while IP Extension and Patparganj are priced at ₹16,800 per sq ft and ₹16,200 per sq ft, respectively, with IP Extension showing a notable appreciation of 19.39%.

What is the price difference between apartments and villas in Mayur Vihar?

As of June 2026, apartments in Mayur Vihar are priced at an average of ₹16,800 per sq ft, which has appreciated by 1.83%. In contrast, villas are currently priced at ₹7,450 per sq ft, having undergone a depreciation of 13.47% compared to the previous period, suggesting a divergence in demand between these two property types.

What is the average rental rate and rental yield in Mayur Vihar?

The average rental rate in Mayur Vihar is ₹37 per sq ft as of June 2026, representing an appreciation of 2.78% over the prior period. The current rental yield stands at 2.64%, which provides investors with a baseline for understanding the potential annual income relative to the capital investment required for properties in this locality.

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

Rental rates in Mayur Vihar scale according to the size of the unit, catering to a diverse tenant base. As of June 2026, a Studio apartment rents for an average of ₹12,300 per month, while 1 BHK units average ₹16,150 per month. Larger configurations command higher premiums, with 2 BHK units at ₹20,200, 3 BHK units at ₹29,300, and 4 BHK units reaching an average of ₹48,950 per month.

How do rental rates for apartments compare to office spaces in Mayur Vihar?

As of June 2026, both apartments and office spaces in Mayur Vihar command an average rental rate of ₹50 per sq ft. However, their market performance differs significantly: apartment rentals have appreciated by 2.78%, whereas office space rentals have seen a depreciation of 20.69%.

Which nearby areas offer the highest rental growth in the Mayur Vihar region?

Rental growth varies significantly across the micro-markets surrounding Mayur Vihar as of June 2026. Mandawali has seen the highest rental appreciation at 38.46%, followed by Patparganj at 21.43% and Acharya Niketan at 17.65%. Meanwhile, areas like New Ashok Nagar have experienced a sharp rental depreciation of 33.33%, highlighting the importance of location-specific research for potential landlords.

What does the 'Well Occupied' status imply for property rates in Mayur Vihar?

Properties categorized as 'Well Occupied' in Mayur Vihar are currently priced at an average of ₹12,950 per sq ft as of June 2026. This segment has seen an appreciation of 3.34%, indicating that established, high-occupancy projects continue to attract buyer interest and maintain steady value growth.

How should an investor interpret the price trends in Mayur Vihar?

An investor should view the steady rise in the location rate from ₹15,450 per sq ft in September 2025 to ₹16,800 per sq ft in June 2026 as a sign of a maturing market with consistent demand. When combined with a rental yield of 2.64%, this data suggests that Mayur Vihar offers a stable environment for long-term capital appreciation rather than high-frequency speculative gains.

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