Ghaziabad
The real estate landscape in Modinagar has shown consistent upward momentum, with property values reaching ₹7,900 per sq ft. Investors are increasingly drawn to the region's 2.73% rental yield, which complements the steady capital appreciation observed over the last several quarters. Rental demand remains healthy across various unit configurations, particularly for larger apartments that command significant monthly premiums. The broader Ghaziabad market provides a stable backdrop for this growth, allowing local property types to maintain their value proposition despite shifting market conditions.
As of June 2026, the average asking price in Modinagar stands at ₹7,900 per sq ft. This figure reflects an appreciation of 8.63% compared to the previous period, signaling a resilient market with growing demand for residential properties in this locality.
Property prices in Modinagar have shown a dynamic trajectory from September 2025 to June 2026. The location rate moved from ₹6,800 per sq ft in September 2025 to ₹7,250 in December 2025, peaked at ₹7,900 in March 2026, and adjusted to ₹7,550 per sq ft by June 2026. This fluctuation suggests a market that is actively recalibrating based on current supply and buyer interest.
Property rates in Modinagar, currently at ₹7,900 per sq ft, sit in the mid-to-high range when compared to its surroundings. For instance, Meerut Road commands a higher average of ₹8,800 per sq ft, while areas like Basantpur Saitli (₹6,850 per sq ft), Murad Nagar (₹6,800 per sq ft), and Sikri Kalan (₹5,300 per sq ft) offer more accessible entry points. Duhai currently reports an average rate of ₹4,650 per sq ft, which has seen a depreciation of 26.38% over the observed period, highlighting significant price variance across these nearby micro-markets.
As of June 2026, apartments in Modinagar are priced at an average of ₹7,550 per sq ft, having experienced a depreciation of 4.18% compared to the previous period. In contrast, villas are priced at an average of ₹5,550 per sq ft, which reflects a depreciation of 9.32% over the same timeframe. These figures indicate that apartments currently command a premium over villa properties in the local market.
The average rental rate in Modinagar is ₹18 per sq ft as of June 2026, marking an appreciation of 12.5% compared to the previous period. The current rental yield is 2.73%, which provides investors with a baseline for understanding the potential annual income relative to the capital investment required for residential properties in the area.
Rental rates in Modinagar vary significantly by unit size, catering to different tenant profiles. As of June 2026, a 2 BHK apartment typically rents for ₹25,100 per month, a 3 BHK for ₹35,250 per month, and a 4 BHK for ₹45,400 per month. These rates provide a clear structure for tenants and landlords to gauge the market value of residential apartments based on space and configuration.
Apartments in Modinagar currently command an average rental rate of ₹50 per sq ft, which has seen a significant appreciation of 77.78% as of June 2026. This sharp increase highlights a strong demand for rental apartments in the locality, distinguishing them as a high-growth segment compared to other property types in the region.
Rental rates vary considerably across the region as of June 2026. While Modinagar averages ₹18 per sq ft, Dasna has seen a substantial appreciation of 1,693.33% to reach ₹250 per sq ft. Meanwhile, areas like Govindpuri and Raj Nagar Extension maintain a stable rental rate of ₹50 per sq ft, indicating that rental demand and pricing power are highly localized and dependent on specific infrastructure and connectivity factors.
