Delhi
The real estate market in Mehrauli maintains a steady pace, characterized by consistent pricing and a growing interest in rental properties. Recent trends indicate that while residential property rates remain anchored around ₹4,300 per sq ft, the rental sector has shown notable vitality with an average yield of 6.98%. This combination of stable capital values and reliable rental returns makes the locality an appealing destination for both end-users and investors. The market is well-supported by a variety of configurations, ensuring that potential occupants can find solutions tailored to their specific needs.
As of June 2026, the average asking price in Mehrauli is ₹4,300 per sq ft. This figure reflects an appreciation of 1.06% compared to previous periods, indicating a steady interest in the local residential apartment market.
Property prices in Mehrauli, which average ₹4,300 per sq ft as of June 2026, are significantly more accessible than several surrounding areas. For context, neighbouring localities like Vasant Kunj command an average of ₹23,550 per sq ft (having appreciated by 11.48%), while Saket is priced at ₹19,300 per sq ft (up by 14.39%). Other nearby areas like Adchini and Hauz Khas also command premium rates of ₹33,550 per sq ft and ₹30,700 per sq ft respectively, highlighting Mehrauli as a more budget-friendly entry point in this part of Delhi.
As of June 2026, Ready To Move properties in Mehrauli are listed at an average of ₹7,550 per sq ft, which represents a depreciation of 8.32% compared to earlier periods. In contrast, Well Occupied projects are priced at an average of ₹6,600 per sq ft, showing a notable appreciation of 8.54% over the same timeframe. This variance suggests that while Ready To Move inventory has seen a market correction, established, well-occupied projects are gaining value, potentially due to their proven livability and existing community infrastructure.
The average rental yield in Mehrauli stands at 6.98% as of June 2026, which is a key metric for investors evaluating income potential relative to capital investment. With an average rental rate of ₹25 per sq ft, which has appreciated by 8.7% compared to previous periods, the locality offers a balanced proposition for those seeking both rental income and potential asset appreciation. A yield of this level often attracts investors looking for consistent cash flow in a high-demand residential corridor.
Rental rates in Mehrauli are tiered by unit size to cater to different tenant profiles as of June 2026. Studio apartments are available at an average of ₹7,200 per month, while 1 BHK units average ₹12,550 per month. For larger requirements, 2 BHK apartments command an average of ₹20,650 per month, and 3 BHK units reach an average of ₹33,450 per month. This spread provides options for a wide range of renters, from students and young professionals seeking compact studios to families requiring larger 3 BHK living spaces.
Rental rates across Mehrauli micromarkets show varied performance as of June 2026, with most areas maintaining an average of ₹50 per sq ft. While many localities like Chattarpur, Said Ul Ajaib, and Kishangarh have seen stable rental rates, some areas have experienced fluctuations. For instance, Anupam Garden has seen a significant appreciation of 22.22%, whereas Rajpur has faced a depreciation of 14.63% and Ignou Road a depreciation of 9.09% compared to previous periods. These variations highlight the importance of specific neighbourhood selection when targeting rental returns.
Buyers should note that the average asking price in Mehrauli has seen a moderate upward trajectory, reaching ₹4,300 per sq ft as of June 2026. The price trend data shows that rates moved from ₹4,250 per sq ft in December 2025 to ₹4,300 per sq ft in March 2026. This consistent, albeit measured, growth suggests a resilient market where demand remains steady, making it a stable environment for end-users looking to purchase property without the volatility seen in some of the more premium, high-growth neighbouring micro-markets.
