Delhi
The real estate market in Preet Vihar shows strong growth, with current average asking prices for apartments reaching ₹30,150 per sq ft. Rental activity remains consistent, with an average rental rate of ₹23 per sq ft and a rental yield of 0.92%. Investors looking for consistent returns will find value in the diverse residential unit options, ranging from 1 BHK to 3 BHK apartments. The area maintains its appeal through sustained demand and steady price appreciation, making it a focal point for property seekers in East Delhi.
The average asking price in Preet Vihar is ₹30,150 per sq ft as of June 2026. This rate has remained stable, showing a 0% change compared to the previous period, which indicates a period of price consolidation in the local residential market.
Property prices in Preet Vihar have shown a positive trajectory over the last few quarters. As of June 2026, the micromarket rate reached ₹12,950 per sq ft, rising from ₹12,150 per sq ft in March 2026, ₹11,800 per sq ft in December 2025, and ₹11,350 per sq ft in September 2025. This consistent quarter-over-quarter growth signals sustained demand and increasing investor confidence in the locality.
Property prices in Preet Vihar are positioned differently compared to surrounding neighbourhoods. As of June 2026, nearby areas show varying average asking prices: IP Extension and Mayur Vihar both stand at ₹16,800 per sq ft, while Anand Vihar is at ₹16,500 per sq ft (which appreciated by 3.91% compared to the previous period). Patparganj follows at ₹16,200 per sq ft, having appreciated by 7.19%, while Vishwas Nagar remains the most affordable in this comparison at ₹7,800 per sq ft, with prices remaining stable at 0% change.
As of June 2026, apartments in Preet Vihar command an average price of ₹30,150 per sq ft, which has significantly appreciated by 89.21% compared to the previous period. In contrast, villas are priced at an average of ₹14,100 per sq ft, which has seen a depreciation of 75.17% over the same timeframe. This stark difference highlights a strong market preference for apartment-style living in the area.
The average rental rate in Preet Vihar is ₹23 per sq ft as of June 2026, reflecting an appreciation of 9.52% compared to the previous period. The rental yield for the area currently stands at 0.92%, a figure that investors should consider when evaluating the income potential of a property relative to the high capital outlay required for purchasing in this locality.
Rental rates in Preet Vihar vary by unit size, catering to different tenant profiles as of June 2026. A 1 BHK apartment typically rents for ₹15,000 per month, while a 2 BHK unit averages ₹16,550 per month. For those seeking larger spaces, a 3 BHK unit commands an average rent of ₹24,850 per month. These figures provide a clear baseline for landlords and tenants to understand the current market value of residential apartments in the area.
Rental rates for various property types in Preet Vihar show distinct trends as of June 2026. Apartments have an average rental rate of ₹50 per sq ft, which has appreciated by 9.52% compared to the previous period. Villas also maintain an average rental rate of ₹50 per sq ft with a 0% change, indicating stable rental demand. Meanwhile, office spaces are also renting at ₹50 per sq ft but have experienced a depreciation of 11.94% over the same period.
Rental rates across the broader region are quite uniform, with many areas showing an average rental rate of ₹50 per sq ft as of June 2026. For instance, Nirman Vihar, Dayanand Vihar, Hargobind Enclave, and Patparganj all report ₹50 per sq ft, with Patparganj showing a significant appreciation of 21.43%. Mandawali also sits at ₹50 per sq ft with a notable 38.46% appreciation, while Laxmi Nagar, also at ₹50 per sq ft, has seen a depreciation of 6.25%.
