Delhi
Model Town continues to be a sought-after residential hub in Delhi, characterized by stable price appreciation and consistent demand for quality living spaces. The market currently sees an average apartment rate of ₹17,200 per sq ft, showcasing a positive growth trend of 4.49%. Rental demand is equally strong, with a variety of BHK configurations catering to diverse tenant profiles, while commercial leasing remains a high-value segment. The surrounding areas like Pitampura also contribute to the regional momentum, offering buyers and investors multiple entry points into the local property landscape.
As of Sep 2026, the average asking price in Model Town is ₹17,200 per sq ft. This rate has remained stable with a 0% change, indicating a balanced market environment where supply and demand are currently well-aligned.
Property prices in the Model Town micromarket have shown a slight fluctuation over the past year, moving from ₹12,250 per sq ft in Dec 2025 to ₹13,700 per sq ft as of Sep 2026. This trajectory reflects a period of gradual adjustment in the local real estate market, providing potential buyers with a clear view of the pricing landscape over the last four quarters.
Property prices in Model Town, currently at ₹17,200 per sq ft, are positioned at a premium compared to several surrounding localities. For instance, Pitampura commands an average rate of ₹15,700 per sq ft, which has appreciated by 6.26% over the observed period. In contrast, other nearby areas like Shalimar Bagh and Shastri Nagar maintain average rates of ₹11,550 per sq ft and ₹9,400 per sq ft respectively, both showing stable pricing with 0% change.
As of Sep 2026, apartments in Model Town are priced at an average of ₹17,200 per sq ft, having appreciated by 4.49% compared to the previous period. Villas represent a significantly higher segment with an average price of ₹58,200 per sq ft, which has seen a marginal depreciation of 0.12% over the same timeframe. This price gap highlights the distinct market positioning between standard residential apartments and luxury villa properties in the locality.
The average rental yield in Model Town stands at 2.51% as of Sep 2026, with an average rental rate of ₹36 per sq ft. For investors, this yield provides a baseline for evaluating the annual income potential relative to the capital investment required for property ownership in the area. A yield of 2.51% suggests a market primarily driven by long-term capital appreciation rather than immediate high-yield rental returns.
Rental rates in Model Town vary significantly by unit size, with 2 BHK apartments averaging ₹36,650 per month, 3 BHK apartments at ₹48,000 per month, and 4 BHK apartments reaching ₹84,000 per month as of Sep 2026. These figures allow tenants and landlords to gauge the market value for different space requirements, reflecting the premium commanded by larger residential units in the locality.
Rental rates in Model Town show a clear distinction between commercial and residential assets as of Sep 2026. Showrooms command the highest average rental rate at ₹300 per sq ft, while shops are priced at ₹250 per sq ft, having appreciated by 10.28% compared to the previous period. Apartments remain more accessible for residential tenants at an average of ₹50 per sq ft, with rates remaining stable at 0% change.
Buyers should use the Model Town property rates data to benchmark current market values against historical trends and neighbouring localities. By observing that the average asking price is ₹17,200 per sq ft as of Sep 2026 and comparing this against the performance of specific property types like apartments versus villas, buyers can make more informed decisions about whether the current pricing aligns with their budget and investment goals.
