Delhi
The real estate market in Mayur Vihar exhibits a positive trajectory, with property values rising from ₹15,450 per sq ft in September 2025 to their current levels. This growth is driven by a strong residential apartment segment that remains the primary focus for buyers in the region. Rental activity is equally robust, offering investors a stable yield, while different unit configurations cater to a wide range of rental budgets across the locality.
As of June 2026, the average asking price in Mayur Vihar stands at ₹16,500 per sq ft. This figure reflects an appreciation of 4.51% compared to the previous period, signaling sustained demand for residential apartments in this locality.
Property prices in Mayur Vihar are positioned competitively when compared to surrounding areas. For instance, the average asking price in Vasundhara Enclave is ₹13,350 per sq ft (which has appreciated by 10.38%), while Patparganj averages ₹15,100 per sq ft (appreciating by 10.61%). In contrast, premium areas like Okhla command higher rates at ₹23,200 per sq ft, having seen a significant appreciation of 15.83%, and New Friends Colony remains at the higher end with an average of ₹25,700 per sq ft, which saw a marginal depreciation of 0.05%.
As of June 2026, apartments in Mayur Vihar are priced at an average of ₹16,500 per sq ft, showing an appreciation of 4.51%. Conversely, villas are currently valued at ₹7,450 per sq ft, which represents a depreciation of 13.47% compared to the previous period, indicating a distinct price divergence based on property type.
Property rates in Mayur Vihar vary by project status, with both 'Ready To Move' and 'Well Occupied' projects currently averaging ₹12,500 per sq ft as of June 2026. Ready To Move projects have seen a slight depreciation of 0.78%, while Well Occupied projects have experienced a depreciation of 4.69% over the observed period.
The average rental yield in Mayur Vihar is 2.62% as of June 2026, with an average rental rate of ₹36 per sq ft, which has remained stable with 0% change. For investors, this yield represents the annual rental income relative to the property's purchase price, serving as a key metric to evaluate the income-generating potential of an asset in this locality.
Rental rates in Mayur Vihar scale according to the size of the unit as of June 2026. A Studio apartment averages ₹10,900 per month, while a 1 BHK unit averages ₹14,650 per month. For larger families, 2 BHK units are available at an average of ₹18,800 per month, 3 BHK units at ₹28,300 per month, and 4 BHK units command an average of ₹48,250 per month.
Rental rates across various neighbourhoods near Mayur Vihar are currently consistent at ₹50 per sq ft as of June 2026. While areas like Acharya Niketan have seen a significant rental appreciation of 13.33%, other localities such as IP Extension and Patparganj have experienced rental depreciations of 3.23% and 6.67% respectively. New Ashok Nagar has seen the most notable rental depreciation of 41.94%, while many other surrounding zones have maintained stable rental pricing with 0% change.
Buyers should note that the average asking price in Mayur Vihar has shown an upward trajectory, rising from ₹15,450 per sq ft in September 2025 to ₹16,500 per sq ft by March 2026. This consistent quarterly growth suggests a resilient market with steady demand, which is a positive signal for long-term capital appreciation for prospective homeowners.
