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Property Rates in Mukherjee Nagar, Delhi

Comprehensive Market Snapshot

Property rates in Mukherjee Nagar average ₹11,750 per sq ft, a stable figure from the previous quarter. The micromarket experienced a notable price dip in June 2025, but has since recovered. Apartments are priced at ₹11,750 per sq ft, while villas command ₹16,250 per sq ft.

  • Asking Sale Price₹ 11,750 /sq.ft
  • Average Rental₹ 35 /sq.ft
  • Rental Yield3.57 %

Insights for Mukherjee Nagar, Delhi Real Estate Market

Mukherjee Nagar's property market currently shows an average asking price of ₹11,750 per sq ft, with no registration rate applied. Quarterly trends indicate stability in the most recent periods, following a significant price drop in June 2025. The rental market offers an average rental rate of ₹35 per sq ft with a rental yield of 3.57%. Studio apartments are available for rent at ₹9,700 per month, while 2 BHK apartments average ₹18,700 per month. Nearby areas such as Model Town see apartments at ₹17,200 per sq ft, Sant Nagar at ₹4,700 per sq ft, and Burari at ₹5,700 per sq ft. Ready-to-move properties are priced higher at ₹17,900 per sq ft, reflecting a 20.47% increase.

  • Apartments in Mukherjee Nagar are priced at ₹11,750 per sq ft, with a modest 2% increase.
  • Villas represent a premium segment, averaging ₹16,250 per sq ft with a slight 0.03% growth.
  • The average rental rate across Mukherjee Nagar is ₹35 per sq ft, yielding 3.57%.
  • Ready-to-move properties command a premium, averaging ₹17,900 per sq ft and showing a significant 20.47% rise.
  • Nearby Sant Nagar shows a substantial rental rate decrease of -35.14%.

Property Valuation

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Property Price Trends in Mukherjee Nagar, Delhi

Asking Price Trends

Mukherjee Nagar's property prices have shown recent stability after a dip in June 2025. The average location rate was ₹12,300 per sq ft in June 2025, but it has since recovered to ₹11,750 per sq ft by September and December 2025. Micromarket rates also mirrored this trend, dropping significantly before stabilizing.

Quarter City Rate
Mar 2026 0
Dec 2025 11750
Sep 2025 11750
Jun 2025 12300
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Price Trends by Property Type

Mukherjee Nagar's real estate market offers diverse residential options. Apartments are priced at an average of ₹11,750 per sq ft, showing a 2% increase. Villas represent a more premium segment, averaging ₹16,250 per sq ft with a slight 0.03% growth, catering to buyers seeking larger spaces.

Type Rate (₹/sq.ft) Change %
Villa 16,250 0.03
Apartment 11,750 0.02
Price Trends by Project Status

The Mukherjee Nagar market includes properties at various stages of completion. Ready-to-move inventory is particularly notable, with one unit available averaging ₹17,900 per sq ft, reflecting a substantial 20.47% increase and appealing to buyers seeking immediate occupancy.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 1 17,900 20.47
Price Trends by Localities

Within Mukherjee Nagar, different localities present varied property values. While specific data for Mukherjee Nagar's internal micro-markets isn't detailed, neighboring areas offer a comparative view. For instance, Model Town apartments average ₹17,200 per sq ft, significantly higher than Burari's ₹5,700 per sq ft. Shastri Nagar stands at ₹9,750 per sq ft, and Shalimar Bagh is priced at ₹12,500 per sq ft. Sant Nagar offers more affordable options at ₹4,700 per sq ft.

Location Rate (₹/sq.ft) Change %
Model Town 17,200 4.5
Model Town 17,200 4.5
Sant Nagar 4,700 6.3
Burari 5,700 -0.2
Shastri Nagar 9,750 2.3
Shastri Nagar 9,750 2.3
Shalimar Bagh 12,500 -3.6

Property Rental Trends in Mukherjee Nagar, Delhi

Rental Trends by Unit Type

In Mukherjee Nagar, rental demand spans various unit types. Studio apartments are available for rent at approximately ₹9,700 per month, while 2 BHK apartments command a higher average of ₹18,700 per month, indicating a clear preference for larger units among renters.

Unit Type Rate (₹)
Studio 9,700
2 Bhk 18,700
Rental Trends by Nearby Localities

Rental rates vary across localities near Mukherjee Nagar. While Mukherjee Nagar averages ₹35 per sq ft, nearby areas like Hakikat Nagar, Outram Lines, Mukundpur, Kamalpur, Shastri Nagar, and Shalimar Bagh all show an average rental rate of ₹50 per sq ft. Sant Nagar, however, has experienced a significant decrease of -35.14% in rental rates.

Locality Rate (₹/sq.ft) Change %
Hakikat Nagar 50 -
Outram Lines 50 -
Mukundpur 50 -
Sant Nagar 50 -35.1
Kamalpur 50 -
Burari 50 -19.2
Shastri Nagar 50 -
Shalimar Bagh 50 -

FAQs about Property Rates in Mukherjee Nagar, Delhi

What is the average asking price in Mukherjee Nagar as of March 2026?

As of March 2026, the average asking price in Mukherjee Nagar stands at ₹11,750 per sq ft. This rate has remained stable, showing a 0% change from the previous period, indicating a steady market condition. The locality has a limited listing count of 6 properties, predominantly apartments in residential buildings.

How have property prices in Mukherjee Nagar trended over the past year?

Mukherjee Nagar's property prices have seen fluctuations over the past year. From a high of ₹12,300 per sq ft in June 2025, prices dipped to ₹11,750 per sq ft by September 2025 and remained at that level through December 2025. By March 2026, the micromarket rate saw a slight increase to ₹12,150 per sq ft, while the location rate remained at ₹11,750 per sq ft, suggesting a mixed but generally stable trend in the immediate vicinity.

How do property rates for apartments and villas compare in Mukherjee Nagar?

In Mukherjee Nagar, apartments are priced at an average of ₹11,750 per sq ft as of March 2026, showing a slight appreciation of 2% from the previous period. Villas, on the other hand, are priced higher at ₹16,250 per sq ft, with a marginal appreciation of 0.03%. This indicates a preference for apartments in terms of entry price, while villas represent a more premium segment within the locality.

What are the property rates for Ready To Move properties in Mukherjee Nagar?

As of March 2026, Ready To Move properties in Mukherjee Nagar are priced at an average of ₹17,900 per sq ft. This segment has experienced significant appreciation, increasing by 20.47% from the previous period. The availability of only 1 unit in this category suggests a niche market for immediate occupancy, commanding a premium.

How do property prices in Mukherjee Nagar compare to nearby micromarkets like Model Town and Burari?

Mukherjee Nagar's average asking price of ₹11,750 per sq ft as of March 2026 is considerably lower than that of Model Town, which stands at ₹17,200 per sq ft and has appreciated by 4.49%. In contrast, Burari, another nearby micromarket, has an average rate of ₹5,700 per sq ft, experiencing a slight depreciation of 0.23%. This highlights significant price variations across adjacent micro-neighbourhoods, with Model Town being the most premium and Burari being more affordable.

What is the average rental rate in Mukherjee Nagar and what does the rental yield signify?

The average rental rate in Mukherjee Nagar is ₹35 per sq ft as of March 2026, showing stable conditions with no change from the previous period. The rental yield for properties in this area is approximately 3.57%. This yield suggests the potential return on investment for landlords relative to the property's capital value, indicating that while rental income is steady, it offers a moderate return compared to capital appreciation.

What is the typical monthly rent for different BHK configurations in Mukherjee Nagar?

In Mukherjee Nagar, rental rates vary by configuration, with Studio apartments averaging ₹9,700 per month as of March 2026. For larger units, 2 BHK apartments command a higher average rent of ₹18,700 per month. These figures reflect the demand for different living spaces within the locality, with larger units naturally fetching higher rental incomes.

How do rental rates vary across micromarkets surrounding Mukherjee Nagar?

Rental rates in micromarkets surrounding Mukherjee Nagar are largely consistent, with many areas like Hakikat Nagar, Outram Lines, Mukundpur, Kamalpur, Shastri Nagar, and Shalimar Bagh showing an average rental rate of ₹50 per sq ft as of March 2026. However, Sant Nagar has seen a significant depreciation in rental rates by 35.14%, and Burari has also experienced a decrease of 19.23%, now also averaging ₹50 per sq ft. This indicates a general stability in rents across most adjacent areas, with notable corrections in Sant Nagar and Burari.

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