Agra
The real estate market in Sanjay Place presents a focused environment for commercial and residential stakeholders, characterized by stable pricing and healthy rental returns. Current office space values hold firm at ₹7,700 per sq ft, reflecting a mature market that maintains its value despite minor fluctuations. Rental demand remains a key driver for the locality, bolstered by a strong rental yield that attracts consistent interest from income-focused investors.
The average asking price in Sanjay Place is ₹7,700 per sq ft as of June 2026. This rate has remained stable with a 0% change, indicating a period of price consistency in the local commercial real estate market.
Property rates in Sanjay Place have shown a downward trajectory in the micromarket, moving from ₹5,050 per sq ft in September 2025 to ₹3,700 per sq ft as of June 2026. This decline suggests a softening of market demand or an adjustment in supply valuation within the broader micromarket over the last three quarters.
Sanjay Place currently maintains an average asking price of ₹7,700 per sq ft, which is higher than the rates in nearby residential areas. For comparison, the average asking price in Dayal Bagh is ₹7,400 per sq ft, which has depreciated by 3% from the previous period, while Kamla Nagar stands at ₹4,300 per sq ft, reflecting a significant depreciation of 51.77% over the same timeframe.
Office space in Sanjay Place is currently priced at an average of ₹7,700 per sq ft as of June 2026. This segment has seen a minor depreciation of 0.22% compared to the previous period, reflecting a stable yet slightly adjusted pricing environment for commercial property seekers.
The average rental rate in Sanjay Place is ₹61 per sq ft as of June 2026, with a rental yield of 9.51%. The rental rate has remained stable with a 0% change, and the high rental yield indicates a strong income-generating potential for investors relative to the capital investment required for commercial assets in this locality.
Avas Vikas Colony offers a more accessible rental market with an average rental rate of ₹50 per sq ft as of June 2026. This rate has remained stable with a 0% change, providing a lower-cost alternative for tenants compared to the ₹61 per sq ft average observed in the primary Sanjay Place market.
The rental yield of 9.51% in Sanjay Place as of June 2026 is a key indicator of the locality's attractiveness for commercial property investors. A yield at this level suggests that the rental income generated by office spaces is robust relative to the current average asking price of ₹7,700 per sq ft, making it a potentially lucrative area for those focused on long-term rental returns.
