Ghaziabad
The Modinagar real estate market displays a robust growth trajectory, currently anchored by an average property rate of ₹7,900 per sq ft. Investors are increasingly drawn to the locality due to its steady capital appreciation and a healthy rental yield of 2.73%. While apartment-style living remains the dominant residential choice, the rental sector provides diverse options ranging from compact 2 BHK units to larger 4 BHK homes. Market data highlights a positive shift in property values, supported by strong performance in both primary sales and rental segments.
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 demand for residential property in the area.
Property price trends in Modinagar have shown a dynamic trajectory, with the location rate moving from ₹6,800 per sq ft in September 2025 to ₹7,550 per sq ft by June 2026. While prices experienced a peak in March 2026 at ₹7,900 per sq ft, the current June 2026 rate indicates a moderate adjustment, providing a useful benchmark for buyers and investors evaluating entry points in the local market.
Property prices in Modinagar vary significantly compared to surrounding neighbourhoods. As of June 2026, Meerut Road commands a higher average asking price of ₹8,800 per sq ft, while areas like Sikri Kalan and Duhai offer more accessible entry points at ₹5,300 per sq ft and ₹4,650 per sq ft, respectively. Notably, Duhai has seen a depreciation of 26.38% compared to the previous period, whereas other surrounding localities have maintained stable pricing.
As of June 2026, apartments in Modinagar are priced at an average of ₹7,550 per sq ft, which has seen a depreciation of 4.18% compared to the previous period. In contrast, villas are currently priced at ₹5,550 per sq ft, reflecting a depreciation of 9.32% over the same timeframe. This data suggests 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, representing an appreciation of 12.5% compared to the previous period. The current rental yield is 2.73%, a key metric for investors to consider when evaluating the income-generating potential of their property relative to the capital investment required for purchase.
Rental rates in Modinagar scale according to unit size, with 2 BHK apartments averaging ₹25,100 per month, 3 BHK apartments at ₹35,250 per month, and 4 BHK apartments reaching ₹45,400 per month as of June 2026. These figures provide a clear hierarchy for tenants and landlords, helping to align expectations with the available residential supply in the locality.
Rental rates for apartments show significant variance across the region; as of June 2026, Dasna commands a notable average rental rate of ₹250 per sq ft, which has seen a substantial appreciation of 1693.33% compared to the previous period. Meanwhile, Govindpuri and Raj Nagar Extension maintain stable rental rates of ₹50 per sq ft, indicating that rental demand and premium positioning can fluctuate heavily depending on the specific micromarket.
The rental yield of 2.73% in Modinagar as of June 2026 serves as a primary indicator of the annual return on investment from rental income. Investors should weigh this yield against the current average asking price of ₹7,900 per sq ft to determine if the property aligns with their long-term financial goals, keeping in mind that rental rates have appreciated by 12.5% compared to the previous period.
