Squareyards Logo
Blogs
Sell or Rent Property
Login
Insights

Insights for Preet Vihar, Delhi Real Estate Market Overview

The Preet Vihar property market has experienced a marked appreciation in residential values, reaching an average of ₹30,150 per sq ft. Recent quarterly trends show a consistent rise, moving from ₹9,500 in June 2025 to over ₹30,000 by December 2025. Rental demand remains active, with a diverse range of unit configurations catering to different lifestyle needs, while commercial office spaces continue to provide stable rental income opportunities.

  • Apartment values have surged by 89.21% over the last year, indicating strong capital appreciation.
  • The rental market shows a yield of 0.84% with 3 BHK units commanding an average monthly rent of ₹40,150.
  • Nearby areas like Anand Vihar and Mayur Vihar serve as competitive benchmarks with rates of ₹15,900 and ₹16,500 per sq ft respectively.
  • Rental rates for office spaces currently average ₹50 per sq ft, reflecting steady demand for business infrastructure.

Market Strengths
  • High residential demand driving apartment prices to ₹30,150 per sq ft.
  • Strong rental interest for 3 BHK units with monthly averages of ₹40,150.
  • Strategic location with proximity to high-value areas like Mayur Vihar and Anand Vihar.
  • Consistent demand for commercial office space at ₹50 per sq ft.
  • Wide range of rental options from 1 BHK to 3 BHK units.
Market Challenges
  • The rental segment for apartments experienced a decrease of -8.7% over the last year.
  • Office space rental rates saw a slight contraction of -1.47% annually.
  • Villa pricing has shown significant volatility with a -75.17% change in the current market period.
Investment Opportunities
  • Capital appreciation in the apartment segment, which saw an 89.21% increase over the past year.
  • Rental yield of 0.84% for residential properties providing steady income potential.
  • Opportunity to secure 1 BHK units at an accessible average of ₹12,000 per month.
  • Diversified investment potential in commercial office spaces priced at an average rental of ₹50 per sq ft.
Price Trend

Preet Vihar, Delhi Property Price Trends and Appreciation

Property values in Preet Vihar have climbed steadily throughout 2025. Rates transitioned from ₹9,500 per sq ft in June to ₹15,950 in September, before reaching the current average of ₹30,150 per sq ft by December.
Asking Price Trends
₹ 30,150/Sq.Ft
Jun 2025 — Mar 2026
Quarter City Rate
Mar 2026 0
Dec 2025 30150
Sep 2025 15950
Jun 2025 9500
About Asking Price Trends
Preet Vihar Property Price Comparison
  • By Localities
  • By Property Type
Location Rate (₹/Sq.Ft) Change %
Patparganj 15,100 10.6
Ip Extension 14,050 -0.5
Anand Vihar 15,900 11.3
Anand Vihar 15,900 11.3
Anand Vihar 15,900 11.3
Krishna Nagar 7,550 0.5
Mayur Vihar 16,500 4.5
Preet Vihar sits amidst several established Delhi localities with varied price points. Anand Vihar and Mayur Vihar command competitive rates of ₹15,900 and ₹16,500 per sq ft, respectively. Patparganj remains a notable neighbor with an average of ₹15,100 per sq ft, while Krishna Nagar offers a more accessible entry point at ₹7,550 per sq ft.
Type Rate (₹/Sq.Ft) Change %
Villa 14,100 -75.2
Apartment 30,150 89.2
The market in Preet Vihar provides distinct options for different buyers. Apartments currently lead the residential segment at ₹30,150 per sq ft, marking a substantial increase of 89.21%. Conversely, villas are priced at ₹14,100 per sq ft, reflecting a corrective trend of -75.17% in the current market cycle.
Rental Trends

Rental Trends and Average Rent in Preet Vihar, Delhi

Residential rentals in Preet Vihar cater to various needs, with 1 BHK units averaging ₹12,000 per month. Larger 2 BHK apartments command approximately ₹36,500 monthly, while 3 BHK units are priced at an average of ₹40,150 per month. Rental rates across neighboring areas are quite consistent, with locations like Nirman Vihar, Swasthya Vihar, and Patparganj all averaging ₹50 per sq ft. While some areas like Karkardooma and Priyadarshini Vihar have seen rental adjustments, most surrounding micro-markets maintain a stable pricing floor. Rental rates for both apartments and office spaces in Preet Vihar currently hover around ₹50 per sq ft. While apartment rentals have seen a shift of -8.7%, office spaces remain more stable with a change of -1.47% over the year.
Preet Vihar Rent Comparison
  • By Unit Type
  • By Location
  • By Property Type
Unit Type Rate (₹)
1 Bhk 12,000
2 Bhk 36,500
3 Bhk 40,150
Residential rentals in Preet Vihar cater to various needs, with 1 BHK units averaging ₹12,000 per month. Larger 2 BHK apartments command approximately ₹36,500 monthly, while 3 BHK units are priced at an average of ₹40,150 per month.
Locality Rate (₹/Sq.Ft) Change %
Nirman Vihar 50 -8.7
Swasthya Vihar 50 -4.5
Dayanand Vihar 50 -
Hargobind Enclave 50 -
Chitra Vihar 50 -
Patparganj 50 -6.7
Mandawali 50 -
Ip Extension 50 -3.2
Karkardooma 50 -12.9
Priyadarshini Vihar 50 -48.6
Rental rates across neighboring areas are quite consistent, with locations like Nirman Vihar, Swasthya Vihar, and Patparganj all averaging ₹50 per sq ft. While some areas like Karkardooma and Priyadarshini Vihar have seen rental adjustments, most surrounding micro-markets maintain a stable pricing floor.
Property Type Rate (₹/Sq.Ft) Change %
Office Space 50 -1.5
Villa 50 -
Apartment 50 -8.7
Rental rates for both apartments and office spaces in Preet Vihar currently hover around ₹50 per sq ft. While apartment rentals have seen a shift of -8.7%, office spaces remain more stable with a change of -1.47% over the year.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 38,600 /Sq.Ft
Govt Registration Rate ₹ 18,350 /Sq.Ft
Avg. Asking Price ₹ 19,300 /Sq.Ft
Govt Registration Rate ₹ 13,950 /Sq.Ft
Avg. Asking Price ₹ 18,350 /Sq.Ft
Avg. Asking Price ₹ 15,350 /Sq.Ft
Govt Registration Rate ₹ 9,500 /Sq.Ft
Avg. Asking Price ₹ 14,850 /Sq.Ft
Avg. Asking Price ₹ 12,950 /Sq.Ft
Govt Registration Rate ₹ 8,750 /Sq.Ft
Avg. Asking Price ₹ 12,100 /Sq.Ft
Govt Registration Rate ₹ 5,900 /Sq.Ft
Avg. Asking Price ₹ 11,750 /Sq.Ft
Govt Registration Rate ₹ 8,900 /Sq.Ft
Avg. Asking Price ₹ 9,300 /Sq.Ft
Govt Registration Rate ₹ 3,700 /Sq.Ft
Avg. Asking Price ₹ 7,900 /Sq.Ft

Micromarket-Wise Property Price Trends Around Preet Vihar, Delhi

Avg. Asking Price ₹ 25,400 /Sq.Ft
Avg. Asking Price ₹ 23,750 /Sq.Ft
Avg. Asking Price ₹ 18,350 /Sq.Ft
Avg. Asking Price ₹ 15,300 /Sq.Ft
Avg. Asking Price ₹ 12,150 /Sq.Ft
Avg. Asking Price ₹ 12,150 /Sq.Ft

More insights about Preet Vihar, Delhi

FAQ

Frequently Asked Questions About Property Rates in Preet Vihar, Delhi

What is the current average asking price in Preet Vihar?

As of March 2026, the average asking price in Preet Vihar is ₹30,150 per sq ft. This rate has remained stable with a 0% change, indicating a period of price consolidation in the local residential market.

How have property prices in Preet Vihar trended recently?

The property price trend in Preet Vihar has shown significant movement over the past few quarters. While the location rate reached ₹30,150 per sq ft by December 2025, it was recorded at ₹15,950 per sq ft in September 2025 and ₹9,500 per sq ft in June 2025, reflecting a sharp upward trajectory in market valuation over the last nine months.

How do property prices in Preet Vihar compare to nearby neighbourhoods?

Property prices in Preet Vihar, currently at ₹30,150 per sq ft, are positioned at a premium compared to several surrounding areas. For instance, Mayur Vihar averages ₹16,500 per sq ft (which has appreciated by 4.51% from June 2025 to March 2026), Anand Vihar averages ₹15,900 per sq ft (appreciating by 11.32% over the same period), and Patparganj averages ₹15,100 per sq ft (appreciating by 10.61% from June 2025 to March 2026). Meanwhile, Krishna Nagar remains more accessible at ₹7,550 per sq ft, showing a modest appreciation of 0.47%.

What is the price difference between apartments and villas in Preet Vihar?

As of March 2026, apartments in Preet Vihar command an average price of ₹30,150 per sq ft, having appreciated by 89.21% from June 2025 to March 2026. In contrast, villas are priced at an average of ₹14,100 per sq ft, which represents a depreciation of 75.17% over the same period, highlighting a significant shift in the relative market positioning of these two property types.

What is the average rental rate and rental yield in Preet Vihar?

As of March 2026, the average rental rate in Preet Vihar is ₹21 per sq ft, which has depreciated by 8.7% from June 2025 to March 2026. The current rental yield stands at 0.84%, a figure that investors typically use to gauge the annual income potential of a property relative to its purchase price, suggesting a market currently driven more by capital appreciation than immediate rental income.

What are the typical monthly rents for different BHK configurations in Preet Vihar?

Rental rates in Preet Vihar vary by unit size, with 1 BHK apartments averaging ₹12,000 per month, 2 BHK units averaging ₹36,500 per month, and 3 BHK units averaging ₹40,150 per month as of March 2026. These figures provide a clear hierarchy of rental costs, helping tenants and landlords understand the market entry points for different residential requirements.

How do rental rates for different property types compare in Preet Vihar?

Rental rates across different property types in Preet Vihar show varied performance as of March 2026. Apartments are currently renting at an average of ₹50 per sq ft, which has depreciated by 8.7% since June 2025, while office spaces are also at ₹50 per sq ft, reflecting a depreciation of 1.47% over the same period. Villas maintain a steady rental rate of ₹50 per sq ft with 0% change, indicating stable demand for this specific segment.

How should a buyer interpret the property rate data for Preet Vihar?

Buyers should use the provided data to identify price trajectories and compare Preet Vihar against neighbouring localities like Anand Vihar or Patparganj. By observing the current average asking price of ₹30,150 per sq ft and the historical quarterly trends, investors can assess whether the current market valuation aligns with their long-term investment goals or if the area's appreciation rate meets their expectations for capital growth.

Country/City