Delhi
The Preet Vihar property market has experienced a dynamic shift, with apartment prices climbing to ₹30,150 per sq ft as of December 2025. Rental activity remains steady, offering a rental yield of 0.84% and attracting interest across various unit types. While office spaces and residential apartments maintain consistent rental rates of ₹50 per sq ft, the broader market shows varied movement in property valuations.
The average asking price in Preet Vihar is ₹30,150 per sq ft as of March 2026. This rate has remained stable, showing a 0% change compared to the previous period. For potential buyers, this stability indicates a consistent market valuation in the locality, providing a reliable benchmark for evaluating property listings.
Property prices in Preet Vihar, currently at ₹30,150 per sq ft, are significantly higher than several surrounding areas. For instance, Mayur Vihar averages ₹16,500 per sq ft with a 4.51% appreciation from the previous period, while Anand Vihar stands at ₹15,900 per sq ft, having appreciated by 11.32%. Other nearby areas like Patparganj at ₹15,100 per sq ft (up 10.61%) and IP Extension at ₹14,050 per sq ft (down 0.49%) also reflect lower price points, highlighting Preet Vihar's position as a premium residential pocket in the region.
As of March 2026, apartments in Preet Vihar command an average price of ₹30,150 per sq ft, which has seen a substantial appreciation of 89.21% compared to the previous period. In contrast, villas are priced at an average of ₹14,100 per sq ft, reflecting a significant market correction with a depreciation of 75.17% over the same timeframe. This stark contrast suggests that the demand for apartment-style living in Preet Vihar has grown significantly more robust than for villa properties.
The average rental rate in Preet Vihar is ₹21 per sq ft as of March 2026, which has experienced a depreciation of 8.7% compared to the previous period. The current rental yield stands at 0.84%. For investors, this yield indicates the annual rental income relative to the property's capital value, suggesting that the market is currently driven more by capital appreciation or end-user occupancy rather than immediate high-yield rental returns.
As of March 2026, rental rates for apartments in Preet Vihar vary by size: 1 BHK units average ₹12,000 per month, 2 BHK units average ₹36,500 per month, and 3 BHK units average ₹40,150 per month. These figures help prospective tenants and landlords understand the entry-level costs and premium expectations for different housing configurations in the locality, with larger units commanding higher absolute rents despite the broader market trends.
Rental rates across various property types in Preet Vihar are currently uniform at ₹50 per sq ft, though they have experienced different trends as of March 2026. Apartment rentals have seen a depreciation of 8.7%, while office spaces have faced a more modest depreciation of 1.47%. Meanwhile, villa rentals have remained stable with a 0% change, indicating that while the base rental rate per square foot is consistent across categories, the market demand for these segments is evolving at different rates.
The price trend data for Preet Vihar shows a dynamic trajectory, with the location rate reaching ₹30,150 per sq ft by December 2025, up from ₹15,950 per sq ft in September 2025 and ₹9,500 per sq ft in June 2025. This upward movement across the latter half of 2025 signals strong market momentum and increasing demand for residential assets in the area. Buyers should note that while the rate has stabilized as of March 2026, the significant growth in the preceding quarters reflects a period of rapid value discovery and investor interest.
Rental rates across the vicinity of Preet Vihar are largely consistent at ₹50 per sq ft, though their recent performance varies. While areas like Dayanand Vihar, Hargobind Enclave, Chitra Vihar, and Mandawali have seen stable rental rates with 0% change as of March 2026, other areas have faced depreciation. Specifically, Karkardooma has seen a 12.9% depreciation, Patparganj a 6.67% depreciation, Swasthya Vihar a 4.55% depreciation, and IP Extension a 3.23% depreciation, with Priyadarshini Vihar experiencing a sharp 48.65% depreciation.
