Delhi
Mayur Vihar has experienced consistent price appreciation, with current apartment rates reaching ₹16,800 per sq ft. This growth is mirrored in the rental sector, where the market yield stands at 2.64%, driven by a steady demand across various unit configurations. The local real estate landscape is characterized by a mix of well-occupied projects and a wide range of rental options, from studio apartments to spacious 4 BHK units. Investors and homebuyers are increasingly looking at this location due to its sustained performance and proximity to key employment hubs.
As of September 2026, the average asking price in Mayur Vihar stands at ₹16,800 per sq ft. This figure reflects an appreciation of 1.83% compared to the previous period, indicating a steady demand for residential properties in this locality.
Property prices in Mayur Vihar have shown a consistent upward trajectory leading into September 2026. The location rate rose from ₹15,750 per sq ft in December 2025 to ₹16,500 per sq ft in March 2026, eventually reaching ₹16,800 per sq ft by June 2026, signaling sustained buyer interest and market resilience.
Property prices in Mayur Vihar, at ₹16,800 per sq ft, sit in the mid-to-high range compared to surrounding localities. For context, as of September 2026, IP Extension commands an average rate of ₹16,800 per sq ft (having appreciated by 19.39%), while Patparganj is at ₹16,200 per sq ft (up 7.19%). Conversely, premium areas like New Friends Colony are priced at ₹24,500 per sq ft, though they have seen a depreciation of 4.67%, and Okhla is at ₹17,800 per sq ft, which has experienced a significant depreciation of 23.37%.
Apartments in Mayur Vihar are currently priced at an average of ₹16,800 per sq ft as of September 2026, reflecting an appreciation of 1.83%. In contrast, villas are available at a lower average of ₹7,450 per sq ft, which has seen a depreciation of 13.47% compared to the prior period, highlighting a distinct preference or supply-demand gap between these two property types.
The average rental yield in Mayur Vihar is 2.64% as of September 2026, providing a baseline for investors to evaluate the income potential of their capital outlay. With an average rental rate of ₹37 per sq ft, which has appreciated by 2.78%, this yield suggests a stable, income-generating environment for those looking to balance capital appreciation with consistent monthly returns.
Rental rates in Mayur Vihar scale according to the size of the unit, catering to a diverse tenant base as of September 2026. Studio apartments average ₹12,300 per month, while 1 BHK units average ₹16,150 per month. Larger configurations see higher demand, with 2 BHK units at ₹20,200, 3 BHK units at ₹29,300, and 4 BHK units reaching ₹48,950 per month, reflecting the premium commanded by larger family-sized spaces.
As of September 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%, office space rentals have experienced a depreciation of 20.69%, suggesting that the residential rental market is currently more stable than the commercial segment in this locality.
Properties categorized as 'Well Occupied' in Mayur Vihar currently command an average price of ₹12,950 per sq ft as of September 2026. This segment has seen an appreciation of 3.34%, which typically signals that these projects are established, have reliable infrastructure, and enjoy high demand from end-users, making them a lower-risk option compared to under-construction projects.
Rental rates across various neighbourhoods in Mayur Vihar are largely uniform at ₹50 per sq ft as of September 2026, though their growth trajectories differ significantly. For instance, Mandawali has seen a notable appreciation of 38.46%, while New Ashok Nagar has faced a sharp depreciation of 33.33%. Other areas like Pandav Nagar and Ganesh Nagar have remained stable with 0% change, indicating that while the base rent is consistent, the local market momentum varies by specific neighbourhood.
