Property rates in Narayan Vihar average ₹4,700 per sq ft. This valuation reflects a stable residential market that balances accessible entry points with established project options. Buyers can explore ready-to-move projects averaging ₹4,750 per sq ft, while those looking for newer developments find under-construction units priced at ₹5,200 per sq ft. With diverse project inventory including Shree Shyam Residency and ARG Group Ananta, the area remains a key residential node in Jaipur.
Insights for Narayan Vihar, Jaipur Real Estate Market Overview
Narayan Vihar maintains a steady position within the Jaipur real estate landscape, offering a mix of completed and ongoing residential projects. The market pricing shows resilience, with current rates hovering around ₹4,700 per sq ft for apartments. Rental demand in the broader region is consistent, with many surrounding areas like Mansarovar and Vaishali Nagar maintaining competitive rental benchmarks. Investors and homebuyers are evaluating options based on possession timelines, as price premiums exist for newer construction compared to ready-to-move stock.
Apartments currently command an average rate of ₹4,700 per sq ft, reflecting a marginal adjustment of -0.68%.
Under-construction properties are priced at ₹5,200 per sq ft, indicating a premium over ready-to-move inventory.
Ready-to-move projects in the locality maintain an average rate of ₹4,750 per sq ft.
The broader rental market across key Jaipur hubs like Mansarovar and Gandhi Path consistently averages ₹50 per sq ft.
Market Strengths
A consistent apartment rental rate of ₹50 per sq ft across major nearby locations ensures reliable income potential.
Diverse project status options allow buyers to choose between ready-to-move and under-construction homes.
The area maintains competitive pricing compared to premium hubs like Jaisinghpura and Shyam Nagar.
Established projects like Shree Shyam Residency provide price stability for local homebuyers.
Proximity to key Jaipur locations like Gandhi Path and Lalarpura enhances the overall residential appeal.
Market Challenges
The -11.52% price adjustment at ARG Group Ananta indicates a softening in the high-end segment.
Villa pricing has experienced a significant decline of -60.56%, suggesting a shift in buyer preference toward apartment living.
The apartment segment saw a minor price contraction of -0.68% over the past year.
Investment Opportunities
Ready-to-move apartments at ₹4,750 per sq ft offer stable immediate value for investors.
The competitive pricing of ₹3,150 per sq ft at Kotecha Royal Florence presents a unique entry opportunity.
Rental rates across nearby hubs like Mansarovar and Shyam Nagar remain consistent at ₹50 per sq ft, supporting steady rental yield expectations.
Under-construction projects at ₹5,200 per sq ft capture the demand for modern, newer residential stock.
Top Localities in Narayan Vihar, Jaipur
Manyawas
Avg Price₹ 5,250 /Sq.Ft.
LISTINGS
81
Bhankrota
Avg Price₹ 3,950 /Sq.Ft.
LISTINGS
7
Price Trend
Narayan Vihar, Jaipur Property Price Trends and Appreciation
Property rates in Narayan Vihar have shown a measured shift over recent quarters. After reaching a peak of ₹5,000 per sq ft in September 2025, the market adjusted to ₹4,750 per sq ft by March 2026. Currently, the average rate stands at ₹4,700 per sq ft, mirroring the broader micromarket trends seen in the region.
Narayan Vihar sits within a competitive residential corridor of Jaipur. Nearby locations like Bhankrota offer more affordable entry points at ₹3,950 per sq ft, while Mansarovar Extension commands a higher valuation of ₹5,000 per sq ft. Lalarpura and Gandhi Path both hover at a similar price point of ₹4,550 per sq ft. These varied rates across the neighborhood provide homebuyers with flexibility depending on their proximity to major transit routes and local amenities.
The Narayan Vihar market primarily features apartment-style living, which averages ₹4,700 per sq ft with a slight annual change of -0.68%. Villa properties are also present in the local inventory, currently averaging ₹3,350 per sq ft following a significant market adjustment.
Narayan Vihar provides options for both immediate occupancy and long-term investment through its diverse project status mix. Ready-to-move projects are priced at ₹4,750 per sq ft, catering to families seeking quick possession. Meanwhile, under-construction developments are valued at ₹5,200 per sq ft, reflecting the current cost of new residential supply in the locality.
Project & Developer Insights
Top Residential Projects and Developers in Narayan Vihar
Top Projectsin Narayan Vihar
Ashiana Gomti Apartments is the top project in Narayan Vihar.
Ashiana Gomti Apartments
Price On Request
Jaipur West, Jaipur
Ashiana Amantran
₹ 83.70 L - ₹ 1.62 Cr
Jaipur West, Jaipur
Ashiana Ekansh
₹ 65.94 L - ₹ 1.32 Cr
Jaipur South, Jaipur
New Launch
Under Construction
Ready to Move
Top Developersin Jaipur
ARG Group leads in Jaipur with 21 projects and 29 years of experience.
Premium residential developments in Narayan Vihar set the benchmark for the local market. ARG Group Ananta leads with an asking price of ₹5,200 per sq ft, despite a recent adjustment of -11.52%. Shree Shyam Residency maintains a stable valuation of ₹4,750 per sq ft, while Kotecha Royal Florence provides a more accessible entry point at ₹3,150 per sq ft.
Frequently Asked Questions About Property Rates in Narayan Vihar, Jaipur
What is the current average asking price in Narayan Vihar?
As of June 2026, the average asking price in Narayan Vihar stands at ₹4,700 per sq ft. This figure reflects a minor depreciation of 0.68% compared to the previous period, suggesting a period of price stabilization in the local residential market.
How have property prices in Narayan Vihar trended recently?
Property prices in Narayan Vihar have shown a mixed trajectory over the last year. While the average asking price was recorded at ₹4,700 per sq ft in June 2026, data from September 2025 showed a higher rate of ₹5,000 per sq ft, indicating a cooling trend in the locality's valuation over the past few quarters.
How do property rates for apartments compare to villas in Narayan Vihar?
As of June 2026, apartments in Narayan Vihar are priced at an average of ₹4,700 per sq ft, which has seen a slight depreciation of 0.68%. In contrast, villas are currently listed at an average of ₹3,350 per sq ft, marking a significant depreciation of 60.56% compared to the prior period, which may reflect a shift in inventory availability or market demand for larger independent units.
What is the price difference between ready-to-move and under-construction projects in Narayan Vihar?
As of June 2026, under-construction projects in Narayan Vihar command a premium, with an average price of ₹5,200 per sq ft, while ready-to-move projects are available at an average of ₹4,750 per sq ft. Both categories have maintained stable pricing with no percentage change recorded, offering buyers a clear distinction in entry costs based on the project's completion status.
Which nearby areas offer a price comparison to Narayan Vihar?
Property rates vary significantly across the vicinity of Narayan Vihar. For instance, Shyam Nagar is currently the most premium among nearby areas with an average rate of ₹8,400 per sq ft, while Bhankrota offers a more accessible entry point at ₹3,950 per sq ft. Other nearby locations like Mansarovar Extension at ₹5,000 per sq ft and Patrakar Colony at ₹4,350 per sq ft provide a range of investment options depending on one's budget and location preference.
What are the top projects by listing rates in Narayan Vihar?
Key residential projects in Narayan Vihar include ARG Group Ananta, which is listed at ₹5,200 per sq ft as of June 2026, reflecting an 11.52% depreciation from the previous period. Other notable projects include Shree Shyam Residency at ₹4,750 per sq ft and Kotecha Royal Florence at ₹3,150 per sq ft, both of which have maintained stable pricing with no change recorded recently.
How do rental rates in areas surrounding Narayan Vihar compare?
Rental rates in the neighborhoods surrounding Narayan Vihar are currently consistent across several key areas, with many locations such as New Sanganer Road, Mansarovar, Shyam Nagar, Gandhi Path, Vaishali Nagar, Mahapura, and Sodala all reporting an average rental rate of ₹50 per sq ft as of June 2026. While the rate is uniform, the growth trends differ; for example, Mahapura has seen an appreciation of 6.9%, whereas Mansarovar experienced a depreciation of 15% during the same comparison period.
How should investors interpret the rental data for the Narayan Vihar region?
Investors looking at the broader Narayan Vihar region should note that while the average rental rate is consistent at ₹50 per sq ft across many nearby hubs, market dynamics vary significantly by location. For instance, while Mahapura and Sodala have seen rental appreciation of 6.9% and 6.25% respectively, other areas like Mansarovar and Vaishali Nagar have faced rental depreciation of 15% and 10.53% respectively, indicating that rental income potential is highly sensitive to the specific micro-market chosen.
