Delhi
Model Town continues to be a premium residential destination in Delhi, with average apartment prices currently at ₹17,200 per sq ft. Market trends indicate a steady appreciation, supported by diverse housing options ranging from ready-to-move units to established residential pockets. The rental sector remains equally active, offering a spectrum of configurations that cater to varying household sizes. Investors and homebuyers alike find value in the area's stable growth and its proximity to key city hubs.
As of June 2026, the average asking price in Model Town is ₹17,200 per sq ft. This figure reflects an appreciation of 4.49% compared to the previous period, signaling sustained buyer interest and a robust residential market in this locality.
Property prices in Model Town have shown a positive trajectory, with the average asking price reaching ₹17,200 per sq ft as of June 2026. Data from the preceding quarters indicates a resilient market, with prices moving from ₹16,450 per sq ft in December 2025 to ₹17,200 per sq ft by March 2026, demonstrating consistent value growth for property owners.
Model Town currently commands a premium average asking price of ₹17,200 per sq ft as of June 2026, which is higher than several surrounding areas. For comparison, 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 (experiencing a depreciation of 25.81%). More affordable options are available in localities like Sant Nagar at ₹4,700 per sq ft and Burari at ₹5,700 per sq ft.
As of June 2026, the market in Model Town shows a distinct pricing gap between property types. Apartments are priced at an average of ₹17,200 per sq ft, having appreciated by 4.49% over the observed period. In contrast, villas command a significantly higher premium at ₹58,200 per sq ft, a rate that saw a marginal depreciation of 0.12%.
Property status significantly influences pricing in Model Town as of June 2026. Ready To Move projects are currently priced at an average of ₹14,850 per sq ft, which reflects a depreciation of 14.62% compared to the prior period. Meanwhile, Well Occupied projects maintain a stable average price of ₹10,650 per sq ft, showing no change in value over the same timeframe.
Rental rates in Model Town vary based on the size of the unit as of June 2026. A 2 BHK apartment typically rents for ₹36,650 per month, while a 3 BHK unit averages ₹48,000 per month. For larger space requirements, a 4 BHK apartment commands an average monthly rent of ₹84,000, catering to the premium segment of the rental market.
Rental rates are remarkably consistent across the immediate vicinity of Model Town as of June 2026. Areas including Model Town 3, Model Town Phase 2, Model Town Phase 1, Tagore Park, Mukherjee Nagar, Outram Lines, Ashok Vihar Phase 2, Hakikat Nagar, and Ashok Vihar all maintain an average rental rate of ₹50 per sq ft with stable pricing (0% change). Shalimar Bagh stands out as an exception, also at ₹50 per sq ft, but it has recorded a significant rental appreciation of 21.88%.
As of June 2026, commercial showrooms in Model Town are available at an average rental rate of ₹300 per sq ft. This rate has remained stable with no recorded appreciation or depreciation, reflecting a steady demand for commercial space in the locality.
