As of March 2026, the average asking price in Modinagar is ₹7,890 per sq ft. This represents a significant appreciation of 8.63% compared to the previous period, indicating a strengthening market with increasing demand or limited supply.
Property Rates in Modinagar, Ghaziabad
Comprehensive Market Snapshot
Modinagar, Ghaziabad, presents a dynamic real estate market with an average asking price of ₹7,890 per sq ft, though registration rates are noted at ₹0. The market has seen a significant upward trend, with prices rising from ₹6,614 per sq ft in June 2025 to ₹7,890 per sq ft by March 2026. Apartments are a key segment, averaging ₹7,890 per sq ft with a positive change of 8.63%. The rental market shows an average rental rate of ₹18 per sq ft, offering a rental yield of 2.74%. Notably, 3 BHK apartments are available for rent at an average of ₹35,200 per month.
- Asking Sale Price₹ 7,890 /sq.ft
- Average Rental₹ 18 /sq.ft
- Rental Yield2.74 %
Insights for Modinagar, Ghaziabad Real Estate Market
Modinagar's real estate market is experiencing notable growth, with asking prices climbing from ₹6,614 per sq ft in June 2025 to ₹7,890 per sq ft by March 2026, indicating a strong upward trajectory. This appreciation is further supported by a positive quarterly trend observed in the micromarket rates as well. Apartments are a significant driver, with an average rate of ₹7,890 per sq ft and a positive change of 8.63%. The rental landscape is active, boasting an average rental rate of ₹18 per sq ft and a rental yield of 2.74%. Specific localities like Murad Nagar and Basantpur Saitli have seen substantial price increases, with Murad Nagar at 18.92% and Basantpur Saitli at 25.07%. For renters, 3 BHK apartments are typically available around ₹35,200 per month, while 4 BHK units command approximately ₹44,206 per month.
Property Price Trends in Modinagar, Ghaziabad
Modinagar's property market is showing a consistent upward trend in asking prices. From ₹6,614 per sq ft in June 2025, prices are projected to reach ₹7,890 per sq ft by March 2026. This growth is mirrored in the micromarket rates, which have also seen a steady increase over the same period, suggesting a healthy demand across the locality.
Modinagar's real estate market offers distinct pricing for different property types. Apartments are currently priced at an average of ₹7,890 per sq ft, demonstrating a positive shift of 8.63%. Villas, on the other hand, are priced lower at an average of ₹5,528 per sq ft, experiencing a decrease of 9.32%.
The property market in Modinagar, Ghaziabad, exhibits varied pricing across its localities. Modinagar itself commands an average rate of ₹7,890 per sq ft, showing a significant 15.84% increase. Nearby areas like Murad Nagar and Basantpur Saitli are also seeing strong appreciation, with rates at ₹6,808 per sq ft and ₹6,825 per sq ft respectively, and notable year-on-year changes of 18.92% and 25.07%. Meerut Road offers properties at a higher average of ₹8,788 per sq ft, while Duhai is more affordable at ₹4,592 per sq ft.
Property Rental Trends in Modinagar, Ghaziabad
The rental market in Modinagar shows distinct trends for different BHK configurations. 3 BHK apartments are available for an average of ₹35,200 per month, while larger 4 BHK apartments command a higher average rent of ₹44,206 per month, reflecting demand for space.
Rental rates vary across Modinagar's sub-locations, with Wave City showing the highest average at ₹21 per sq ft. Raj Nagar Extension is available at ₹17 per sq ft, while areas like Murad Nagar and Dasna offer more affordable options at ₹15 per sq ft. Shastri Nagar presents the lowest average rental rate at ₹11 per sq ft.
Apartments are the primary focus in Modinagar's rental market, averaging ₹18 per sq ft with a positive year-on-year change of 12.5%.
FAQs about Property Rates in Modinagar, Ghaziabad
Property prices in Modinagar have shown a consistent upward trend. The average location rate increased from ₹6,614 per sq ft in June 2025 to ₹7,890 per sq ft in March 2026, marking a steady appreciation. This trajectory suggests growing investor confidence and sustained buyer interest in the Modinagar real estate market.
Property rates vary significantly across micromarkets in Modinagar as of March 2026. Meerut Road has the highest average rate at ₹8,788 per sq ft, while Duhai is at ₹4,592 per sq ft. Other notable micromarkets include Murad Nagar at ₹6,808 per sq ft, which has seen a substantial appreciation of 18.92%, and Basantpur Saitli at ₹6,825 per sq ft, appreciating by 25.07%.
In Modinagar, apartments are priced higher than villas. As of March 2026, the average price for apartments is ₹7,890 per sq ft, which has appreciated by 8.63%. Villas, on the other hand, are priced at ₹5,528 per sq ft, but have experienced a depreciation of 9.32% over the comparable period.
The average rental rate in Modinagar is ₹18 per sq ft as of March 2026. The rental yield stands at 2.74%, suggesting that property owners can expect this percentage of the property's capital value as annual rental income. This yield indicates the potential return on investment for landlords and investors in the rental market.
In Modinagar, rental costs vary by BHK configuration. As of March 2026, a 3 BHK apartment typically rents for ₹35,200 per month, while a 4 BHK apartment commands a higher rent of ₹44,206 per month. These figures provide a clear picture of the rental demand and pricing for larger residential units in the area.
Rental rates differ across micromarkets in Modinagar as of March 2026. Wave City offers the highest average rental rate at ₹21 per sq ft. Other micromarkets like Raj Nagar Extension and Dasna have average rental rates of ₹17 per sq ft and ₹15 per sq ft respectively. Notably, Dasna has seen a rental rate depreciation of 11.76%.
As of March 2026, the average rental rate for apartments in Modinagar is ₹18 per sq ft. This segment has seen a notable appreciation of 12.5% in rental prices, indicating increased demand for apartment living in the locality.
The average asking price in Modinagar stands at ₹7,890 per sq ft as of March 2026. This is higher than several micromarkets such as Vaid Vihar (₹5,536 per sq ft) and Sikri Kalan (₹5,303 per sq ft), but lower than Meerut Road (₹8,788 per sq ft). Murad Nagar (₹6,808 per sq ft) and Basantpur Saitli (₹6,825 per sq ft) show significant appreciation of 18.92% and 25.07% respectively.
The provided data does not contain specific information on pricing segmentation based on property status (e.g., ready-to-move vs. under-construction). However, the average asking price for apartments in Modinagar is ₹7,890 per sq ft as of March 2026, which has appreciated by 8.63%.
In Modinagar, the Government Registration Rate is listed as ₹0 per sq ft as of March 2026. This indicates that the official registration value is not a factor in the current pricing data presented, and the market is driven by asking prices rather than a government-mandated benchmark.
Several micromarkets within Modinagar have demonstrated strong price appreciation. Basantpur Saitli leads with a 25.07% increase in average rates, followed closely by Murad Nagar at 18.92%. Modinagar itself has seen an appreciation of 15.84%. Delhi Meerut Expressway experienced a slight depreciation of 1.23%, while Madhuban Bapudham saw a depreciation of 10.42%.