Mayur Vihar's real estate market currently shows an average asking price of ₹16,479 per sq ft, with apartments being the primary property type at this rate and a 4.51% increase. The market also presents opportunities in villas, though prices have seen a notable decline of -13.47%. In the rental segment, the average rental rate stands at ₹36 per sq ft, yielding approximately 2.62% annually. Rental demand is robust across various BHK configurations, with 4 BHK apartments commanding the highest average rent at ₹48,259 per month.
Mayur Vihar's property market is experiencing upward price momentum, with the average asking price currently at ₹16,479 per sq ft. Future projections indicate a continued increase, with prices expected to rise from ₹15,469 per sq ft in Sep 2025 to ₹16,479 per sq ft by Mar 2026. Apartments are a strong segment, averaging ₹16,479 per sq ft and showing a 4.51% growth, while villas have seen a significant dip of -13.47%. The rental market is active, with an overall average rental rate of ₹36 per sq ft and a rental yield of 2.62%. The rental landscape is diverse, with 4 BHK apartments fetching the highest average rent at ₹48,259 per month, followed by 3 BHK at ₹28,284 per month. Notably, within the broader locale, areas like Patparganj and Ip Extension show positive sales price changes, while New Ashok Nagar has experienced a significant rental rate decrease of -41.94%.
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The property market in Mayur Vihar is on an upward trajectory, with asking prices projected to increase steadily. From ₹12,728 per sq ft in June 2025, rates are expected to climb to ₹15,768 per sq ft by December 2025 and reach ₹16,479 per sq ft by March 2026. This consistent growth suggests increasing buyer confidence and demand within the locality.
Mayur Vihar's property market offers distinct segments for buyers. Apartments are the dominant property type, averaging ₹16,479 per sq ft and experiencing a healthy 4.51% increase. Villas, while less common, are priced at ₹7,456 per sq ft but have seen a significant price correction of -13.47%, indicating a shift in demand or market conditions for this segment.
The Mayur Vihar property market caters to buyers with different timelines, offering both immediate and future possession options. Ready To Move properties are available at an average of ₹12,478 per sq ft, seeing a slight decrease of -0.78%. Well Occupied properties are priced slightly higher at ₹12,510 per sq ft, with a more noticeable decline of -4.69%.
Mayur Vihar's real estate landscape features a diverse range of property values across its sub-localities. Patparganj stands out with an average rate of ₹15,111 per sq ft, showing a strong 10.61% increase. Vasundhara Enclave also demonstrates significant growth, priced at ₹13,344 per sq ft with a 10.38% rise. In contrast, New Ashok Nagar offers a more affordable entry point at ₹5,688 per sq ft, while Mayur Vihar Phase 1 is priced at ₹7,138 per sq ft.
The rental market in Mayur Vihar caters to a wide range of needs, with Studio apartments averaging ₹10,885 per month and larger configurations like 4 BHK apartments commanding ₹48,259 per month. This shows a significant increase in rental value as the unit size grows, with 2 BHK apartments averaging ₹18,790 and 3 BHKs at ₹28,284.
Rental rates vary across Mayur Vihar's localities, with Gazipur showing the highest average at ₹50 per sq ft, while New Ashok Nagar has seen a significant decrease, now averaging ₹18 per sq ft after a -41.94% change. Ip Extension and Patparganj offer competitive rates at ₹30 per sq ft and ₹28 per sq ft respectively, with minor YoY changes.
Apartments are the primary property type for rent in Mayur Vihar, averaging ₹36 per sq ft with no reported year-on-year change. Data for other property types such as villas or commercial spaces is not available.
As of March 2026, the average asking price in Mayur Vihar stands at ₹16,479 per sq ft. This represents a notable appreciation of 4.51% from the previous period, indicating a positive trend in property values within the locality. The current market overview also shows 120 listings available.
Property rates in Mayur Vihar have shown a consistent upward trend from June 2025 to March 2026. The average asking price for the locality increased from ₹12,728 per sq ft in June 2025 to ₹16,479 per sq ft by March 2026. This upward trajectory, with a significant jump from ₹15,469 per sq ft in September 2025 to ₹15,768 in December 2025 and further to ₹16,479 in March 2026, suggests resilient demand and potentially increasing investor confidence in the area.
Property prices within Mayur Vihar show significant variation across its constituent neighborhoods. As of March 2026, Preet Vihar commands the highest average rate at ₹30,133 per sq ft, followed by New Friends Colony at ₹25,721 per sq ft. In contrast, areas like New Ashok Nagar are priced much lower, with an average rate of ₹5,688 per sq ft, and Mayur Vihar Phase 1 at ₹7,138 per sq ft. Other micromarkets like Patparganj (₹15,111 per sq ft) and Vasundhara Enclave (₹13,344 per sq ft) fall in the mid-to-high range.
As of March 2026, apartments in Mayur Vihar have an average price of ₹16,479 per sq ft, showing an appreciation of 4.51%. Villas, on the other hand, are priced lower on average at ₹7,456 per sq ft, but have seen a significant depreciation of 13.47%. This suggests that while apartments are the dominant and appreciating property type, villas have experienced a price correction.
As of March 2026, 'Ready To Move' properties in Mayur Vihar are priced at an average of ₹12,478 per sq ft, which has depreciated by 0.78%. 'Well Occupied' properties are slightly higher at ₹12,510 per sq ft, but have seen a more substantial depreciation of 4.69%. This indicates a slight premium for ready-to-move inventory, though both segments have experienced price softening.
As of March 2026, the average rental rate in Mayur Vihar is ₹36 per sq ft. The area offers a rental yield of 2.62%, which provides an indication of the potential return on investment for property owners. A rental yield of 2.62% suggests that while the area is attractive for rental income, it may be more balanced for end-users or long-term capital appreciation investors.
Rental rates in Mayur Vihar vary significantly across its micromarkets as of March 2026. Gazipur shows the highest average rental rate at ₹50 per sq ft, followed by Mayur Vihar Phase 1 Extension at ₹40 per sq ft. In contrast, New Ashok Nagar has seen a substantial depreciation of 41.94% in its average rental rate, now standing at ₹18 per sq ft. Other areas like Patparganj and Ip Extension are renting at ₹28 per sq ft and ₹30 per sq ft respectively, with recent depreciations of 6.67% and 3.23%.
As of March 2026, rental costs in Mayur Vihar vary by BHK configuration, with apartments being the primary property type. Studio apartments average ₹10,885 per month, while 1 BHK units are around ₹14,667 per month. For larger families, 2 BHK apartments cost approximately ₹18,790 per month, 3 BHK units are priced at ₹28,284 per month, and 4 BHK apartments command the highest rent at ₹48,259 per month.
As of March 2026, the average rental rate for apartments in Mayur Vihar is ₹36 per sq ft. This rate is consistent with the overall average rental rate for the locality, indicating that apartments are the dominant property type influencing the general rental market trends. The data shows no change percentage for this segment, suggesting stability in apartment rental prices.
As of March 2026, Gazipur leads with the highest average rental rate in Mayur Vihar at ₹50 per sq ft, followed by Mayur Vihar Phase 1 Extension at ₹40 per sq ft. On the lower end, New Ashok Nagar has the lowest average rental rate at ₹18 per sq ft, despite a significant recent depreciation of 41.94%. Other areas like Pandav Nagar and Ganesh Nagar offer rentals at ₹13 per sq ft and ₹12 per sq ft, respectively.
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