Ghaziabad
The Modinagar real estate market displays healthy growth, with average property prices reaching ₹7,900 per sq ft after a notable 8.63% increase. Rental demand remains active, particularly for residential units, as the area establishes itself as a reliable choice for tenants and investors alike. While apartment living remains the primary focus, the rental yield of 2.73% highlights the area's attractiveness for long-term income generation. Market participants continue to monitor these shifts, which point toward sustained interest in the region's expanding infrastructure.
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, indicating a positive shift in market sentiment and sustained demand for residential properties in this locality.
Property prices in Modinagar have shown a dynamic trajectory from September 2025 to June 2026. While the location rate was ₹6,800 per sq ft in September 2025, it rose 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 neighbours. For instance, Meerut Road commands a higher average of ₹8,800 per sq ft, while areas like Murad Nagar and Basantpur Saitli are more accessible at ₹6,800 and ₹6,850 per sq ft, respectively. Sikri Kalan remains a more affordable option at ₹5,300 per sq ft, whereas Duhai has seen a significant market correction of -26.38%, bringing its villa rates to ₹4,650 per sq ft as of June 2026.
As of June 2026, apartments in Modinagar are priced at an average of ₹7,550 per sq ft, which represents a depreciation of -4.18% compared to the prior period. In contrast, villas are currently averaging ₹5,550 per sq ft, reflecting a depreciation of -9.32% over the same timeframe. This data indicates that apartments currently command a premium over villas in the local market.
The average rental rate in Modinagar is ₹18 per sq ft as of June 2026, marking a notable appreciation of 12.5% compared to the previous period. The current rental yield stands at 2.73%, which provides investors with a clear metric to evaluate the income-generating potential of their residential assets relative to the current capital investment required for property acquisition.
Rental rates in Modinagar vary significantly based on the unit size, catering to different tenant profiles. As of June 2026, a 2 BHK apartment typically rents for ₹25,100 per month, while a 3 BHK unit averages ₹35,250 per month. For larger families or those seeking more space, a 4 BHK apartment commands an average monthly rent of ₹45,400, reflecting the premium associated with larger living configurations.
Apartments in Modinagar currently command an average rental rate of ₹50 per sq ft as of June 2026. This segment has experienced a substantial appreciation of 77.78% compared to the previous period, signaling a strong surge in demand for rental apartments within the locality.
Investors should view the 2.73% rental yield in Modinagar as a baseline for expected annual returns from rental income. With the average rental rate currently at ₹18 per sq ft and having appreciated by 12.5% as of June 2026, the market shows signs of increasing tenant demand. When combined with the property price trends, this data helps investors balance the potential for capital appreciation against the steady cash flow provided by the rental market.
