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Property Rates in Sector 23 Dwarka, Delhi
Comprehensive Market Snapshot
Property rates in Sector 23 Dwarka, Delhi average ₹15,100 per sq ft, showing a slight upward trend over recent quarters. Apartments, the primary property type, are priced at ₹15,100 per sq ft with a minor decline of -0.48%. The market also presents opportunities in Ready To Move properties, averaging ₹14,250 per sq ft.
- Asking Sale Price₹ 15,100 /sq.ft
- Average Rental₹ 33 /sq.ft
- Rental Yield2.62 %
Insights for Sector 23 Dwarka, Delhi Real Estate Market
Sector 23 Dwarka, Delhi, presents a stable real estate market with an average asking price of ₹15,100 per sq ft. Quarterly price trends indicate a gradual increase, with prices projected to reach ₹15,100 per sq ft by March 2026. The rental market offers an average rental rate of ₹33 per sq ft, yielding approximately 2.62%. Rental demand is notable across various BHK configurations, with 3 BHK apartments commanding an average of ₹40,450 per month. Meanwhile, neighboring sectors like Sector 22 Dwarka show higher average rental rates at ₹50 per sq ft, indicating varied rental dynamics within the broader Dwarka region. The property market primarily consists of apartments, with Ready To Move units averaging ₹14,250 per sq ft and Well Occupied units at ₹14,650 per sq ft.
- The average rental rate in Sector 23 Dwarka stands at ₹33 per sq ft, with a notable year-on-year decrease of -8.33%.
- Rental yield in the area is approximately 2.62%, suggesting moderate returns for property investors.
- 3 BHK apartments are the most sought-after in the rental market, averaging ₹40,450 per month.
- Neighboring Sector 22 Dwarka exhibits a higher average rental rate of ₹50 per sq ft, indicating potential for rental appreciation in nearby areas.
- Ready To Move properties in Sector 23 Dwarka are priced at ₹14,250 per sq ft, experiencing a -1.1% change.
Property Valuation Comprehensive assessment of your property's current worth in the current market
Property Price Trends in Sector 23 Dwarka, Delhi
The property market in Sector 23 Dwarka, Delhi, is projected for a steady increase in asking prices. Projections show rates climbing from ₹14,850 per sq ft in June 2025 to ₹15,100 per sq ft by March 2026. Micromarket rates are also expected to follow this upward trajectory, indicating sustained buyer interest.
Sector 23 Dwarka offers properties across different stages of readiness. Ready To Move units average ₹14,250 per sq ft, showing a decrease of -1.1%, while Well Occupied properties are priced at ₹14,650 per sq ft with a slight increase of 0.18%. This mix caters to buyers seeking immediate possession or established communities.
Within the broader Dwarka region, Sector 23 Dwarka's property rates average ₹15,100 per sq ft. Neighboring areas show varied pricing, with Sector 22 Dwarka commanding ₹15,950 per sq ft and Sector 19 Dwarka at ₹16,100 per sq ft. Sector 21 Dwarka presents a more affordable option at ₹8,700 per sq ft, while Sector 19b Dwarka is priced higher at ₹17,050 per sq ft. Sector 8 Dwarka offers rates around ₹15,350 per sq ft.
Property Rental Trends in Sector 23 Dwarka, Delhi
In Sector 23 Dwarka, Delhi, rental rates vary significantly by BHK configuration for residential apartments. A 1 BHK unit commands an average rent of ₹21,600 per month, while 2 BHK apartments are priced at ₹36,000 per month. The demand increases for larger spaces, with 3 BHK apartments averaging ₹40,450 per month and 4 BHK units reaching ₹73,950 per month.
The average rental rate in Sector 23 Dwarka stands at ₹33 per sq ft, experiencing an -8.33% year-on-year change. Neighboring areas show higher rental rates; Sector 22 Dwarka averages ₹50 per sq ft with a -3.23% change, Sector 19 Dwarka at ₹50 per sq ft with a 36.36% change, and Sector 19b Dwarka at ₹50 per sq ft with a -2.94% change. Sector 8 Dwarka also averages ₹50 per sq ft with no change.
Apartments in Sector 23 Dwarka, Delhi, represent the primary rental property type, with an average rental rate of ₹50 per sq ft. This segment has seen a year-on-year decrease of -8.33%, reflecting current market conditions for apartment rentals in the area.
FAQs about Property Rates in Sector 23 Dwarka, Delhi
As of March 2026, the average asking price in Sector 23 Dwarka is ₹15,100 per sq ft. This represents a slight depreciation of 0.48% from the previous period, indicating a minor correction in property values.
Property prices in Sector 23 Dwarka have shown a generally upward trend over the past year, with some fluctuations. From June 2025 to March 2026, the average location rate increased from ₹14,850 to ₹15,100 per sq ft, appreciating by approximately 1.01%. The micromarket rate also saw growth, moving from ₹14,650 to ₹15,300 per sq ft over the same period, indicating a positive market sentiment and increasing demand.
Sector 23 Dwarka's average asking price of ₹15,100 per sq ft as of March 2026 is positioned within a range of nearby micromarkets. For instance, Sector 22 Dwarka has an average rate of ₹15,950 per sq ft, showing a 0.34% appreciation, while Sector 21 Dwarka is priced lower at ₹8,700 per sq ft, having appreciated by 2.78%. Sector 19 Dwarka is priced higher at ₹16,100 per sq ft, though it has seen a depreciation of 0.8%.
As of March 2026, the average price for apartments in Sector 23 Dwarka stands at ₹15,100 per sq ft. This segment has experienced a slight decrease of 0.48% in its average price, suggesting a stable or slightly softening market for apartments in this period.
In Sector 23 Dwarka, Ready To Move properties are priced at an average of ₹14,250 per sq ft as of March 2026, reflecting a depreciation of 1.1% over the recent period. Well Occupied properties, on the other hand, are priced higher at ₹14,650 per sq ft, showing a modest appreciation of 0.18%. This indicates that while Ready To Move units have seen a slight price dip, Well Occupied properties are holding steady or slightly increasing in value.
The average rental rate in Sector 23 Dwarka is ₹33 per sq ft as of March 2026, which has seen a notable depreciation of 8.33% from the previous period. The rental yield for the area is calculated at 2.62%. A rental yield of 2.62% suggests that property owners can expect this percentage of the property's capital value as annual rental income, which is a key metric for investors assessing the income-generating potential of their real estate assets.
Rental rates in Sector 23 Dwarka vary significantly by BHK configuration. As of March 2026, a 1 BHK apartment typically rents for ₹21,600 per month, while a 2 BHK commands ₹36,000 per month. Larger 3 BHK units are available for around ₹40,450 per month, and 4 BHK apartments represent the higher end, averaging ₹73,950 per month. These figures provide a clear picture of the rental market's structure for different household sizes.
Rental rates across micromarkets in the vicinity of Sector 23 Dwarka show varied trends. Sector 22 Dwarka has an average rental rate of ₹50 per sq ft, with a depreciation of 3.23%. Sector 19 Dwarka also averages ₹50 per sq ft but has experienced a significant appreciation of 36.36%. Other areas like Sector 8 Dwarka and Bagdola maintain a steady ₹50 per sq ft with no change, while Sector 11 Dwarka shows a strong appreciation of 20.83% to reach ₹50 per sq ft. Sector 10 Dwarka, however, has seen a 10% depreciation to ₹50 per sq ft.
As of March 2026, the average rental rate for apartments in Sector 23 Dwarka is ₹50 per sq ft. This figure represents a decrease of 8.33% compared to the previous period, indicating a softening rental market for apartments in this locality.
