Property Rates in Nemi Nagar Extension, Jaipur 2026

Property rates in the vicinity of Nemi Nagar Extension vary significantly based on the specific neighbourhood, with Shyam Nagar commanding the highest average asking price at ₹8,400 per sq ft. Other nearby areas include Vaishali Nagar at ₹5,950 per sq ft, which has appreciated by 6.52% compared to previous periods, and Gokulpura at ₹4,950 per sq ft. Conversely, more affordable options are available in Kanakpura and Jhotwara, both averaging ₹3,950 per sq ft, with Kanakpura seeing a depreciation of 5.58% over the observed period.

As of Sep 2026, villas in Nemi Nagar Extension are positioned at a premium with an average asking price of ₹22,500 per sq ft. This segment has experienced a depreciation of 5.45% compared to the prior period. While specific apartment-wide averages for the locality are currently balancing, the significant price gap between villas and standard residential units highlights a distinct luxury or premium segment within the Nemi Nagar Extension real estate landscape.

As of Sep 2026, the average asking price for under-construction properties in Nemi Nagar Extension stands at ₹3,700 per sq ft. This segment has shown resilience, appreciating by 1.71% compared to the previous period. For buyers, this indicates steady demand for new developments, often favored for modern amenities and potential for future capital appreciation as the project nears completion.

MLM Ganesham Utsav is a key project in Nemi Nagar Extension, currently featuring an average listing rate of ₹3,700 per sq ft as of Sep 2026. This project has seen an appreciation of 1.71% in its listing rate compared to the previous period. Its current price positioning aligns with the broader under-construction market trend in the locality, making it a relevant benchmark for those tracking new residential inventory in Jaipur West.

Rental rates across neighbourhoods near Nemi Nagar Extension are currently consistent, with Gandhi Path, Vaishali Nagar, Sodala, and Shyam Nagar all averaging ₹50 per sq ft as of Sep 2026. While the rates are uniform, the market dynamics differ; for instance, Sodala has seen a rental appreciation of 6.25% compared to previous periods, whereas Vaishali Nagar has experienced a rental depreciation of 10.53%. This indicates that while the base rental cost is similar, tenant demand and supply conditions vary significantly by specific location.

Investors should note that while the average rental rate is ₹50 per sq ft across several key areas like Gandhi Path and Shyam Nagar, the varying change percentages suggest different levels of rental growth potential. The 6.25% appreciation in Sodala indicates strengthening rental demand, whereas the 10.53% depreciation in Vaishali Nagar may point to a temporary softening or an increase in available rental inventory. Monitoring these trends is essential for investors aiming to balance their capital outlay with sustainable rental income yields in the Jaipur market.