Delhi
Model Town maintains a steady growth trajectory in the Delhi real estate sector, characterized by rising property values and consistent rental demand. The local market shows a clear preference for residential apartments, which are currently priced at an average of ₹17,200 per sq ft. Rental activity is equally robust, with diverse options ranging from 2 BHK to 4 BHK units that cater to varying family sizes and professional needs. The rental market is further supported by a healthy yield of 2.51%, reflecting the area's ongoing appeal as a residential neighborhood. Commercial interest remains strong as well, particularly within the showroom segment.
As of Sep 2026, the average asking price in Model Town is ₹17,200 per sq ft. This rate has remained stable with a change percentage of 0% compared to the previous period, indicating a consistent market environment for buyers and sellers in this locality.
Property prices in Model Town have shown a trajectory of growth when looking at the recent data. While the average asking price stands at ₹17,200 per sq ft as of Sep 2026, historical data shows the location rate rose from ₹16,450 per sq ft in Dec 2025 to ₹17,200 per sq ft by Mar 2026, reflecting a period of sustained demand.
Model Town, with an average asking price of ₹17,200 per sq ft as of Sep 2026, is positioned at a higher price point compared to some surrounding localities. For context, Sant Nagar has an average rate of ₹4,750 per sq ft, which appreciated by 0.62% over the observed period, while Pitampura commands an average rate of ₹14,800 per sq ft, having seen a significant appreciation of 24.84%.
As of Sep 2026, apartments in Model Town have an average price of ₹17,200 per sq ft, which has appreciated by 4.49% compared to the previous period. In contrast, villas are priced at an average of ₹58,200 per sq ft, which experienced a slight depreciation of 0.12% over the same timeframe, highlighting the premium nature of villa properties in the area.
As of Sep 2026, the average rental rate in Model Town is ₹36 per sq ft, a figure that has remained stable with 0% change. The current rental yield stands at 2.51%, providing investors with a clear metric to evaluate the income potential of their residential assets relative to the capital investment required for property acquisition.
Rental rates in Model Town vary based on the size of the unit, with 2 BHK apartments averaging ₹36,650 per month, 3 BHK units at ₹48,000 per month, and 4 BHK units reaching ₹84,000 per month as of Sep 2026. These figures provide a useful benchmark for tenants and landlords to understand the market positioning of various apartment sizes within the locality.
Many surrounding areas, including Model Town 3, Model Town Phase 2, Mukherjee Nagar, and Tagore Park, currently command an average rental rate of ₹50 per sq ft as of Sep 2026, with no change in rates observed. Notably, Shalimar Bagh also features an average rental rate of ₹50 per sq ft, though this represents an appreciation of 18.75% compared to the previous period, indicating a growing demand for rental properties in that specific vicinity.
For those interested in commercial real estate, showrooms in Model Town are currently available at an average rental rate of ₹300 per sq ft as of Sep 2026. This rate has remained stable with 0% change, suggesting a consistent rental environment for commercial tenants and investors looking for high-visibility business spaces.
