Delhi
The Palam real estate landscape has evolved rapidly, with property rates rising from ₹6,600 per sq ft in September 2025 to their current average of ₹8,850 per sq ft. This upward momentum is mirrored in the residential segment, where apartments have seen a 25.62% increase in value. Rental demand remains steady, with yields at 3.93% and a diverse range of unit configurations meeting local housing needs. The market is defined by a strong supply of ready-to-move projects, which continue to command premium interest from buyers seeking immediate utility in this developing urban hub.
As of June 2026, the average asking price in Palam is ₹8,850 per sq ft. This figure reflects a significant market appreciation of 25.62% compared to the previous period, indicating strong buyer interest and a resilient residential market in the area.
Property prices in Palam have shown a notable upward trajectory leading up to June 2026. Data from March 2026 recorded an average asking price of ₹8,850 per sq ft, rising from ₹7,050 per sq ft in December 2025 and ₹6,600 per sq ft in September 2025, signaling consistent growth in capital values over the last three quarters.
Property prices in Palam vary significantly when compared to surrounding areas like Dwarka. While Palam averages ₹8,850 per sq ft, nearby sectors such as Sector 9 Dwarka command a higher average asking price of ₹15,950 per sq ft, which has appreciated by 3.32% recently. Conversely, areas like Mahavir Enclave show a more accessible entry point at ₹5,900 per sq ft, though this area has seen a depreciation of 8.61%.
As of June 2026, villas in Palam are priced at a premium with an average asking price of ₹17,400 per sq ft, having appreciated by 8.15%. In comparison, apartments are more competitively priced at ₹8,850 per sq ft, which represents a substantial appreciation of 25.62% compared to the previous period, making them a popular choice for budget-conscious buyers.
The current rental yield in Palam stands at 3.93% as of June 2026. For investors, this yield represents the annual rental income relative to the property's purchase price, serving as a key metric to evaluate the income-generating potential of residential assets in the locality.
Rental rates in Palam vary by unit size to accommodate different tenant profiles. As of June 2026, a Studio apartment typically rents for ₹12,000 per month, while a 1 BHK unit averages ₹17,100 per month. Larger configurations such as 2 BHK and 3 BHK apartments command average monthly rents of ₹21,750 and ₹41,300, respectively.
As of June 2026, the average rental rate for apartments in Palam is ₹50 per sq ft. This rate has seen a depreciation of 9.37% compared to the previous period, which may present a more attractive entry point for tenants looking to secure housing in this well-connected locality.
As of June 2026, Ready To Move properties in Palam are priced at an average of ₹12,100 per sq ft, showing a sharp appreciation of 74.67%. Similarly, Well Occupied projects are valued at ₹12,050 per sq ft, having appreciated by 76.25% over the observed period, reflecting high demand for immediate possession housing.
A buyer should view the 25.62% appreciation in apartment prices as of June 2026 as a sign of strong market momentum in Palam. When combined with a rental yield of 3.93%, the data suggests that Palam is attracting both end-users and investors, though it is essential to compare these figures against specific project-level data to ensure long-term value.
Among the areas surrounding Palam, Sector 7 Dwarka has demonstrated strong rental growth with an 8% increase, currently averaging ₹50 per sq ft as of June 2026. Other areas like Mahavir Enclave 1 and Mahavir Enclave have also seen positive rental growth of 5.71%, while some pockets like Palam Vihar have experienced a depreciation of 12.5%.
