Delhi
Model Town continues to be a premium residential hub in Delhi, characterized by high-value apartment living and consistent demand. Market activity is marked by a notable 4.49% increase in apartment prices, aligning with the broader upward trend observed throughout the recent quarters. The rental landscape is equally active, providing diverse options that range from 2 BHK apartments at ₹36,650 per month to larger 4 BHK units. Developers and investors are increasingly focused on the area due to its established infrastructure and prime location.
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, indicating a resilient demand for residential properties in this established 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 March 2026 also recorded an average of ₹17,200 per sq ft, following a rise from ₹16,450 per sq ft in December 2025, suggesting a period of sustained price growth and market confidence.
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 reports an average of ₹12,500 per sq ft (depreciated by 3.62%), Pitampura at ₹11,850 per sq ft (depreciated by 25.81%), and Shastri Nagar at ₹9,750 per sq ft (appreciated by 2.26%). These variations highlight Model Town's position as a higher-value residential hub compared to its immediate neighbours.
As of June 2026, there is a significant price gap between property types in Model Town, with villas commanding a much higher premium. Villas are priced at an average of ₹58,200 per sq ft, which saw a marginal depreciation of 0.12% compared to the previous period, while apartments are priced at ₹17,200 per sq ft, reflecting an appreciation of 4.49% over the same timeframe.
Property status significantly impacts pricing in Model Town, with Ready To Move projects currently averaging ₹14,850 per sq ft as of June 2026, a figure that has seen a depreciation of 14.62% compared to the prior period. Meanwhile, Well Occupied projects are priced at ₹10,650 per sq ft, having remained stable with 0% change, providing a more accessible entry point for buyers prioritizing established community living.
Rental rates in Model Town vary 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 June 2026. These figures provide a clear range for tenants and landlords, reflecting the premium associated with larger living spaces in this well-connected locality.
Commercial properties, specifically showrooms, command a significantly higher rental rate of ₹300 per sq ft as of June 2026, compared to the residential rental market where rates across various sub-localities like Model Town 3 and Tagore Park hover around ₹50 per sq ft. The showroom rental rate has remained stable with 0% change, highlighting the distinct premium placed on commercial-use space in the area.
Most residential areas surrounding Model Town, including Model Town 3, Mukherjee Nagar, and Ashok Vihar, currently report a consistent average rental rate of ₹50 per sq ft as of June 2026, with 0% change. However, Shalimar Bagh stands out with an average rental rate of ₹50 per sq ft that has appreciated by 21.88% compared to the previous period, signaling a notable shift in rental demand for that specific neighbourhood.
Buyers should use the June 2026 average asking price of ₹17,200 per sq ft as a benchmark for evaluating property value in Model Town. By comparing this against the status-wise pricing, such as the ₹14,850 per sq ft for Ready To Move units, investors and end-users can identify whether they are paying a premium for immediate possession or finding value in established, well-occupied projects.
