Delhi
The Preet Vihar real estate market currently reflects a dynamic environment for both buyers and tenants, with residential apartments commanding a significant average price of ₹30,150 per sq ft. Recent quarterly data shows a substantial increase in property values, moving from ₹15,950 per sq ft in September 2025 to over ₹30,000 per sq ft by December 2025. Rental activity provides a steady stream of interest, with average monthly rents for a 3 BHK apartment reaching ₹24,850. While the rental market shows some variability, the area maintains its appeal through a mix of well-connected neighboring locations and varied housing options.
As of June 2026, the average asking price in Preet Vihar stands at ₹30,150 per sq ft. This rate has remained stable, showing no change in percentage terms compared to the previous period, which typically signals a balanced market environment where both supply and demand are currently holding steady.
Property prices in Preet Vihar have shown a consistent upward trajectory in the broader micromarket, with rates rising from ₹11,350 per sq ft in September 2025 to ₹12,900 per sq ft by June 2026. This sustained growth over the last few quarters indicates strong buyer interest and resilient demand within the locality, making it a point of interest for those tracking long-term capital appreciation.
Property prices in Preet Vihar, which average ₹30,150 per sq ft, are positioned significantly higher than many surrounding neighbourhoods. For comparison, as of June 2026, the average asking price in Mayur Vihar is ₹16,500 per sq ft (having appreciated by 4.51%), Anand Vihar is ₹15,900 per sq ft (up by 11.32%), and Patparganj is ₹15,100 per sq ft (up by 10.61%). These variations reflect the specific premium status or infrastructure advantages that Preet Vihar maintains over its immediate neighbours.
As of June 2026, apartments in Preet Vihar command an average asking price of ₹30,150 per sq ft, having appreciated by 89.21% compared to the previous period. In contrast, villas are priced at an average of ₹14,100 per sq ft, which represents a significant depreciation of 75.17% over the same timeframe. This stark contrast suggests a high market preference and stronger demand for apartment-style living in the area.
The rental yield in Preet Vihar is currently 0.84% as of June 2026. This yield represents the annual rental income relative to the capital investment in a property; while it provides a baseline for income generation, investors should weigh this against the high capital entry point of ₹30,150 per sq ft for apartments to determine if the location aligns with their specific cash-flow or long-term appreciation goals.
As of June 2026, rental rates in Preet Vihar vary by unit size, with 1 BHK apartments averaging ₹15,000 per month, 2 BHK apartments at ₹18,200 per month, and 3 BHK apartments at ₹24,850 per month. These figures help prospective tenants and landlords understand the entry-level costs for residential leasing in the locality, with larger units commanding a premium as expected in a mature residential market.
Rental rates across property types in Preet Vihar are currently uniform at ₹50 per sq ft as of June 2026, though their recent performance has varied. Office spaces have seen a depreciation of 11.94%, while apartments have experienced a depreciation of 9.52% compared to the previous period; meanwhile, villa rental rates have remained stable with 0% change, indicating a cooling trend in the rental market for commercial and apartment segments.
Rental rates in Preet Vihar are currently ₹50 per sq ft, a price point shared by several surrounding areas as of June 2026. For instance, while Patparganj has seen a significant rental appreciation of 14.29% and Mandawali has surged by 38.46%, other areas like Anand Vihar and Ganesh Nagar have remained stable with 0% change. This consistency across the region suggests a standardized rental baseline, though specific pockets like Mandawali are currently experiencing faster growth in rental demand.
