Delhi
The property market in Mayur Vihar has shown consistent appreciation, with current rates reaching ₹17,050 per sq ft. This upward trend is supported by robust residential demand and a healthy rental yield of 2.60%. Tenants find a wide range of options, from studio units to spacious 4 BHK apartments, catering to different lifestyle requirements. The surrounding micromarkets also exhibit varying price points, reflecting the overall dynamism of the Delhi property landscape.
As of September 2026, the average asking price in Mayur Vihar stands at ₹17,050 per sq ft. This rate has appreciated by 1.74% compared to the previous period, reflecting a steady demand for residential apartments in this locality.
Property prices in Mayur Vihar have shown a consistent upward trajectory from December 2025 to September 2026. Data indicates the location rate rose from ₹15,750 per sq ft in December 2025 to ₹16,500 per sq ft by March 2026, further increasing to ₹16,800 per sq ft in June 2026, and reaching ₹17,050 per sq ft in September 2026. This steady growth suggests resilient buyer interest in the area.
Property prices in Mayur Vihar, currently at ₹17,050 per sq ft, sit in the mid-to-high range when compared to surrounding localities. For instance, New Friends Colony commands a higher average of ₹24,300 per sq ft, which has seen a minor depreciation of 0.87%. Meanwhile, IP Extension is priced at ₹17,750 per sq ft with a notable appreciation of 5.77%, and Okhla is at ₹17,150 per sq ft, having experienced a depreciation of 3.51%.
As of September 2026, apartments in Mayur Vihar are priced at an average of ₹17,050 per sq ft, showing an appreciation of 1.74% over the observed period. In contrast, villas are currently priced at ₹7,450 per sq ft, which reflects a significant depreciation of 13.47% compared to the previous period, indicating a shift in market preference or supply dynamics for this property type.
The average rental yield in Mayur Vihar is 2.60% as of September 2026, with an average rental rate of ₹37 per sq ft which has remained stable with 0% change. For investors, this yield represents the annual return on investment from rental income relative to the property's purchase price, serving as a key metric to evaluate the income-generating potential of 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 September 2026, monthly rents average ₹12,450 for a Studio, ₹16,400 for a 1 BHK, ₹19,150 for a 2 BHK, ₹28,950 for a 3 BHK, and ₹51,100 for a 4 BHK. This progression allows tenants to choose units based on their space requirements and budget, while providing landlords with clear benchmarks for setting competitive rental prices.
Rental rates across neighbourhoods near Mayur Vihar show varied performance as of September 2026. New Ashok Nagar has seen a substantial appreciation of 91.67%, while Mandawali also recorded a significant increase of 33.33%. Conversely, areas like Mayur Vihar Phase 1 Extension experienced a depreciation of 13.95%, and IP Extension saw a depreciation of 6.06%, highlighting the importance of micro-market analysis when considering rental investments.
A buyer should use the provided data to understand the market's current valuation and historical trajectory. By observing that the average asking price in Mayur Vihar is ₹17,050 per sq ft as of September 2026, a buyer can compare this against their budget and the rates in neighbouring areas like Patparganj (₹16,600 per sq ft) to assess if a property is fairly priced. Additionally, tracking the quarterly price trends helps in understanding whether the market is currently in an appreciation phase, which can influence timing decisions.
