Delhi
The real estate market in Model Town has demonstrated notable price appreciation, with current rates reaching ₹17,200 per sq ft. This growth is driven by the consistent performance of the residential sector, where apartments remain the primary asset class. Rental activity is equally robust, with monthly rents for larger units like 4 BHKs reaching ₹1.19 Lakh. The broader surrounding area shows a diverse pricing landscape, ranging from affordable pockets to premium residential hubs, providing a wide array of options for prospective buyers and tenants.
The current average asking price in Model Town is ₹17,200 per sq ft as of June 2026. This figure reflects an appreciation of 4.49% compared to the previous period, signaling sustained demand for residential properties in this established locality.
Property prices in Model Town, currently at ₹17,200 per sq ft, are positioned at a premium compared to many surrounding areas. For instance, Shalimar Bagh has an average asking price of ₹12,500 per sq ft (which depreciated by 3.62%), while Pitampura stands at ₹11,850 per sq ft (depreciating by 25.81%). In contrast, more affordable options are available in areas like Sant Nagar at ₹4,700 per sq ft, which saw an appreciation of 6.32%, and Burari at ₹5,700 per sq ft, which experienced a marginal depreciation of 0.23%.
As of June 2026, villas in Model Town command a significantly higher average price of ₹58,200 per sq ft, showing a slight depreciation of 0.12% over the observed period. Meanwhile, apartments are priced at ₹17,200 per sq ft, which has appreciated by 4.49%. This substantial price gap highlights the premium nature of independent villa housing in the locality compared to the more common apartment segment.
Ready To Move properties in Model Town are currently available at an average price of ₹14,850 per sq ft as of June 2026. This segment has seen a depreciation of 14.62% compared to the previous period, which may present a strategic entry point for end-users looking to move into the area without the wait associated with under-construction projects.
Rental rates in Model Town vary significantly based on the configuration, with 2 BHK apartments averaging ₹36,650 per month and 3 BHK apartments averaging ₹48,000 per month as of June 2026. For those seeking larger living spaces, 4 BHK apartments command a higher average rent of ₹1.19 Lakh per month. These figures provide a clear benchmark for tenants and landlords to evaluate the rental market across different unit types in the locality.
Most neighbourhoods surrounding Model Town, including Mukherjee Nagar, Shalimar Bagh, and Pitampura, currently maintain an average rental rate of ₹50 per sq ft as of June 2026. While many of these areas have seen stable rental trends, some localities have experienced shifts; for example, rental rates in Sant Nagar have depreciated by 35.14%, and Burari has seen a depreciation of 19.23%. Conversely, Netaji Subhash Place has shown a positive trend with a 2.56% appreciation in rental rates.
Investors can use the current average asking price of ₹17,200 per sq ft and the 4.49% appreciation observed as of June 2026 to gauge market health. By comparing these figures against the Ready To Move price of ₹14,850 per sq ft and the varying rental rates for 2 BHK, 3 BHK, and 4 BHK units, investors can better assess the potential for capital appreciation versus recurring rental income. Monitoring these trends helps in identifying whether the market is currently favoring long-term holding or immediate rental yield.
