Property Rates in Okhla, Delhi

Property rates in Okhla have seen substantial growth over the last year. From June 2025 to March 2026, the average location rate increased from ₹8,649 per sq ft to ₹23,216 per sq ft. This trajectory shows a consistent upward movement, with notable jumps in September 2025 (to ₹16,278 per sq ft) and December 2025 (to ₹20,043 per sq ft), signaling increasing demand and value appreciation.

Property prices in Okhla exhibit considerable variation across its constituent neighborhoods. As of March 2026, New Friends Colony has the highest average rate at ₹25,721 per sq ft, showing a slight depreciation of 0.05% from the previous period. Sarai Jullena is also premium at ₹25,832 per sq ft, with no change. In contrast, areas like New Ashok Nagar and Jamia Nagar are significantly more affordable, with average rates of ₹5,688 per sq ft and ₹5,640 per sq ft, respectively, both showing no change in rates. Jasola, priced at ₹18,403 per sq ft, has appreciated by 14.61%.

As of March 2026, Okhla offers diverse property types with distinct pricing. Apartments are priced at an average of ₹23,216 per sq ft, appreciating by 15.83%. Villas command a higher price point at ₹46,171 per sq ft, showing a substantial appreciation of 38.66%. Office spaces are available at an average of ₹15,754 per sq ft, with a notable appreciation of 15.35%.

For Ready To Move properties in Okhla, the average price as of March 2026 is ₹16,127 per sq ft. This indicates a slight depreciation of 2.01% compared to the previous period. With 6 units available, this segment offers immediate occupancy options, though prices have seen a minor dip.

The average rental rate in Okhla is ₹38 per sq ft as of March 2026. The calculated rental yield for the locality is 1.96%. This yield indicates the annual return an investor can expect from rental income relative to the property's capital value, suggesting that while rental income is available, capital appreciation might be a more significant driver for investment returns in this market.

Rental costs in Okhla vary by BHK configuration. As of March 2026, a 2 BHK apartment typically rents for ₹44,000 per month. For larger spaces, a 3 BHK apartment averages ₹1.04 Lakh per month, while a 4 BHK can be rented for approximately ₹1.67 Lakh per month. These figures reflect the demand for different living spaces within the residential segment.

Rental rates across Okhla's neighborhoods show significant variation. Okhla Vihar commands the highest average rental rate at ₹50 per sq ft, with no change reported. Friends Colony and Maharani Bagh offer premium rentals at ₹67 per sq ft and ₹65 per sq ft, respectively, though both have seen notable depreciation (27.96% and 16.67%). New Ashok Nagar has the lowest average rental rate at ₹18 per sq ft, experiencing a sharp depreciation of 41.94%. Jasola and Jasola Vihar show appreciation, with rates at ₹33 per sq ft (up 6.45%) and ₹33 per sq ft (up 26.92%) respectively.

As of March 2026, apartments in Okhla have an average rental rate of ₹38 per sq ft. This represents a decrease of 2.56% compared to the previous period. While apartments are a primary rental option, this slight depreciation suggests a softening in rental demand or an increase in supply for this property type.

As of March 2026, Godrej South Estate Okhla is noted for its rental performance, with a current rental rate of ₹23 per sq ft. Despite a significant decrease of 54% in its rental rate from the previous period, it remains a prominent project in the rental market, indicating potential for high-value rentals though with recent price adjustments.

The average listing rate for projects in Okhla, as of March 2026, is ₹22,992 per sq ft for Godrej South Estate Okhla. This rate has seen a depreciation of 4.46% from the previous period. This figure is closely aligned with the overall average asking price for Okhla at ₹23,216 per sq ft, suggesting that the listed projects reflect the broader market sentiment.