Squareyards Logo
Blogs
Sell or Rent Property
Login
Insights

Insights for Mayur Vihar, Delhi Real Estate Market Overview

Mayur Vihar has established itself as a resilient residential hub in Delhi, characterized by consistent price appreciation and a healthy mix of rental demand. Recent market data indicates that property values have climbed steadily, supported by robust interest in apartment segments. Meanwhile, the rental market remains active, with a wide array of unit configurations providing stable returns for landlords and ample choices for tenants across the locality.

  • Apartments currently command an average price of ₹16,800 per sq ft, showing a positive growth of 1.83%.
  • Rental yields for residential properties stand at 2.62%, indicating a stable income-generating asset class.
  • The area offers a variety of rental options, with 4 BHK units averaging ₹49,500 per month.
  • Surrounding micro-markets like Patparganj and Vasundhara Enclave have experienced significant price growth of 10.61% and 10.38% respectively.
  • Rental rates across several key sub-locations, including IP Extension and Patparganj, are uniform at ₹50 per sq ft.

Market Strengths
  • The region maintains a stable average rental yield of 2.62% for residential assets.
  • Apartment segment prices remain resilient with a 1.83% growth rate.
  • High rental demand for 4 BHK units, reaching up to ₹49,500 per month.
  • Significant YoY rental growth in areas like Mandawali at 38.46% and Acharya Niketan at 14.71%.
  • Consistent price appreciation in nearby hubs like Patparganj, which grew by 10.61%.
Market Challenges
  • Villa properties have faced a correction, with prices shifting by -13.47%.
  • Well Occupied projects have seen a price change of -4.69% during the recent quarter.
  • Ready To Move inventory experienced a minor adjustment of -0.78% in pricing.
  • Office space rentals have faced downward pressure, recording a -20.69% change.
Investment Opportunities
  • Residential apartments offer a solid 1.83% growth, making them a preferred choice for capital appreciation.
  • A rental yield of 2.62% provides a consistent income stream for property investors in the residential sector.
  • Studio and 1 BHK apartments serve as entry-level investment points, with average monthly rents of ₹12,750 and ₹16,150 respectively.
  • High-demand 3 BHK and 4 BHK units command monthly rents of ₹29,950 and ₹49,500, appealing to larger family demographics.
Top Localities in Mayur Vihar, Delhi

New Ashok Nagar

Avg Price ₹ 5,700 /Sq.Ft.
Avg Rent ₹ 18 /Sq.Ft.
YIELD + 3.79
LISTINGS 35
Price Trend

Mayur Vihar, Delhi Property Price Trends and Appreciation

Property values in Mayur Vihar have moved from ₹15,450 per sq ft in September 2025 to ₹16,800 per sq ft by June 2026. This consistent growth trajectory highlights the sustained buyer confidence in the locality. The micromarket rates have similarly climbed from ₹11,350 to ₹12,900 per sq ft over the same period, signaling broad-based appreciation across the region.
Asking Price Trends
₹ 16,500/Sq.Ft + 4.51 % 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
  • By Property Status
Location Rate (₹/Sq.Ft) Change %
Vasundhara Enclave 13,350 10.4
Ip Extension 14,050 -0.5
Patparganj 15,100 10.6
New Friends Colony 25,700 0
Okhla 23,200 15.8
The surrounding micromarkets present a varied investment landscape, with New Friends Colony commanding the highest rates at ₹25,700 per sq ft. Okhla follows with a strong valuation of ₹23,200 per sq ft, bolstered by an impressive 15.83% growth. Patparganj and Vasundhara Enclave remain competitive, both showing double-digit growth of 10.61% and 10.38% respectively. Meanwhile, IP Extension hovers at a more accessible ₹14,050 per sq ft.
Type Rate (₹/Sq.Ft) Change %
Villa 7,450 -13.5
Apartment 16,800 1.8
Mayur Vihar offers distinct choices between apartments and villas to suit different lifestyle needs. Apartments currently lead the market at ₹16,800 per sq ft, reflecting a solid 1.83% growth. In contrast, villa prices are currently at ₹7,450 per sq ft, having experienced a shift of -13.47%.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 5 12,500 -2.3
Rental Trends

Rental Trends and Average Rent in Mayur Vihar, Delhi

Rental rates vary significantly by configuration, ranging from ₹12,750 for studio apartments to ₹49,500 for 4 BHK residential units. This wide spectrum ensures that the market caters to diverse tenant budgets, from individuals to large families. The steady pricing across these segments underscores the consistent demand for varied residential spaces in Mayur Vihar. Sub-locations across the area, including Mayur Vihar Phase 1 Extension, Acharya Niketan, and Kotla, consistently command an average rental rate of ₹50 per sq ft. Notable growth is observed in Mandawali, which surged by 38.46%, and Acharya Niketan, which rose by 14.71%. While most areas exhibit positive momentum, New Ashok Nagar has seen a correction of -33.33%. Apartments in the rental market are priced at ₹50 per sq ft, showing a positive trend of 2.78%. Meanwhile, office spaces are available at ₹50 per sq ft, though they have experienced a -20.69% shift in rental rates compared to the previous period.
Mayur Vihar Rent Comparison
  • By Unit Type
  • By Location
  • By Property Type
Unit Type Rate (₹)
Studio 12,750
1 Bhk 16,150
2 Bhk 19,750
3 Bhk 29,950
4 Bhk 49,500
Rental rates vary significantly by configuration, ranging from ₹12,750 for studio apartments to ₹49,500 for 4 BHK residential units. This wide spectrum ensures that the market caters to diverse tenant budgets, from individuals to large families. The steady pricing across these segments underscores the consistent demand for varied residential spaces in Mayur Vihar.
Locality Rate (₹/Sq.Ft) Change %
Mayur Vihar Phase 1 Extension 50 2.5
Acharya Niketan 50 14.7
Kotla 50 3.1
New Ashok Nagar 50 -33.3
Pandav Nagar 50 -
Ganesh Nagar 50 -
Mandawali 50 38.5
Ip Extension 50 6.7
Patparganj 50 14.3
Gazipur 50 2
Sub-locations across the area, including Mayur Vihar Phase 1 Extension, Acharya Niketan, and Kotla, consistently command an average rental rate of ₹50 per sq ft. Notable growth is observed in Mandawali, which surged by 38.46%, and Acharya Niketan, which rose by 14.71%. While most areas exhibit positive momentum, New Ashok Nagar has seen a correction of -33.33%.
Property Type Rate (₹/Sq.Ft) Change %
Office Space 50 -20.7
Apartment 50 2.8
Apartments in the rental market are priced at ₹50 per sq ft, showing a positive trend of 2.78%. Meanwhile, office spaces are available at ₹50 per sq ft, though they have experienced a -20.69% shift in rental rates compared to the previous period.

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 ₹ 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
Avg. Asking Price ₹ 6,700 /Sq.Ft
Govt Registration Rate ₹ 2,950 /Sq.Ft

Micromarket-Wise Property Price Trends Around Mayur Vihar, 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, 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 ₹16,500 per sq ft. This figure reflects an appreciation of 4.51% compared to the previous period, indicating a resilient demand for residential properties in this locality. Buyers and investors should note that this price point represents the current market valuation for apartments, which remains the dominant property type in the area.

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

Property prices in Mayur Vihar have shown a consistent upward trajectory throughout the last year. As of June 2026, the location rate reached ₹16,800 per sq ft, rising from ₹16,500 per sq ft in March 2026, ₹15,750 per sq ft in December 2025, and ₹15,450 per sq ft in September 2025. This steady quarter-over-quarter growth signals sustained buyer interest and a tightening supply of residential inventory in the region.

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

Property prices in Mayur Vihar are positioned competitively when compared to surrounding areas in Delhi. For instance, as of June 2026, New Friends Colony commands a significantly higher average asking price of ₹25,700 per sq ft (which depreciated by 0.05% over the observed period), while Okhla stands at ₹23,200 per sq ft, having appreciated by 15.83%. More accessible options include Patparganj at ₹15,100 per sq ft (up 10.61%), IP Extension at ₹14,050 per sq ft (down 0.49%), and Vasundhara Enclave at ₹13,350 per sq ft (up 10.38%).

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

As of June 2026, apartments in Mayur Vihar are priced at an average of ₹16,800 per sq ft, which represents an appreciation of 1.83%. In contrast, villas are currently priced at ₹7,450 per sq ft, having seen a depreciation of 13.47% compared to the previous period. This significant price gap highlights that the market in Mayur Vihar is heavily skewed toward apartment-style living, with villas representing a smaller, potentially more volatile segment.

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

As of June 2026, the average rental rate in Mayur Vihar is ₹36 per sq ft, with rates remaining stable at a 0% change compared to the previous period. The locality currently offers a rental yield of 2.62%. For investors, this yield provides a baseline for calculating potential income relative to the capital investment required for residential apartments in the area.

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 profile. As of June 2026, average monthly rents are ₹12,750 for a Studio, ₹16,150 for a 1 BHK, ₹19,750 for a 2 BHK, ₹29,950 for a 3 BHK, and ₹49,500 for a 4 BHK apartment. This tiered structure allows tenants to choose options based on their specific space requirements and budget, while landlords can use these figures to benchmark their rental expectations.

How do rental rates for different property types compare 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. While apartment rentals have seen an appreciation of 2.78% compared to the previous period, office space rentals have experienced a depreciation of 20.69%. This divergence suggests that while the residential rental market remains healthy and growing, the commercial rental segment has faced a correction.

What should investors know about the Ready To Move versus Well Occupied property status in Mayur Vihar?

As of June 2026, both 'Ready To Move' and 'Well Occupied' projects in Mayur Vihar are priced at an average of ₹12,500 per sq ft. 'Ready To Move' projects have seen a depreciation of 0.78%, while 'Well Occupied' projects have depreciated by 4.69% compared to the previous period. These figures suggest that buyers looking for immediate possession or established communities are currently seeing a slight softening in prices, which may offer a favorable entry point for end-users.

Country/City