Delhi
The Shakurpur real estate market showcases a steady upward trend in pricing, driven by strong demand across varied asset classes. With an average asking price of ₹23,500 per sq ft, the locality has seen consistent quarterly appreciation. Rental activity is equally robust, supported by a competitive rental yield of 4.49%, making it an attractive proposition for long-term investors. The area offers a mix of residential and commercial opportunities that cater to both end-users and professionals seeking prime locations.
As of Sep 2026, the average asking price in Shakurpur stands at ₹23,500 per sq ft. This figure reflects a significant market movement, having appreciated by 9.98% compared to the previous period. Such an upward trend typically signals robust demand and investor confidence in the commercial office space segment that dominates this locality.
Property prices in Shakurpur have shown a clear upward trajectory throughout 2026. Data from Sep 2026 indicates an average asking price of ₹23,500 per sq ft, rising from ₹21,350 per sq ft in Jun 2026. This consistent growth suggests that Shakurpur is becoming an increasingly sought-after destination for property investment, supported by sustained interest from buyers.
Property rates in Shakurpur vary significantly by asset class as of Sep 2026. Villas currently command the highest average price at ₹24,250 per sq ft, having appreciated by 8.48% over the comparison period. Office spaces follow closely at ₹23,500 per sq ft, showing a 9.98% appreciation, while apartments are priced at ₹8,150 per sq ft, marking a substantial 25.61% appreciation during the same timeframe.
As of Sep 2026, the average rental rate in Shakurpur is ₹88 per sq ft, which has depreciated by 3.3% compared to the previous period. Despite this slight softening in rental rates, the locality offers a healthy rental yield of 4.49%. For investors, this yield represents the annual return on investment from rental income, making it a critical metric for those evaluating the income-generating potential of properties in the area.
Rental rates in Shakurpur cater to diverse tenant profiles, with significant differences between unit configurations as of Sep 2026. A 2 BHK apartment currently commands an average monthly rent of ₹40,650, while a larger 3 BHK apartment is available at an average of ₹1.52 Lakh per month. These figures provide prospective tenants and landlords with a clear benchmark for the current market value of residential units in the locality.
Rental rates in Shakurpur are segmented by property type, with office spaces commanding a premium over residential apartments as of Sep 2026. Office spaces are currently rented at an average of ₹100 per sq ft, though this has seen a depreciation of 3.3% over the comparison period. Conversely, apartments are rented at an average of ₹50 per sq ft, which has appreciated by 6.67% during the same timeframe, indicating a shifting balance in rental demand between commercial and residential segments.
Property rates in Shakurpur, at ₹23,500 per sq ft as of Sep 2026, are positioned competitively against several surrounding areas. For instance, Kirti Nagar commands a higher average of ₹26,850 per sq ft (appreciating by 0.23%), while Punjabi Bagh is priced at ₹21,500 per sq ft (appreciating by 5.57%). Other nearby areas like Pitampura and Rohini Sector 13 offer lower entry points at ₹15,700 per sq ft and ₹16,750 per sq ft respectively, allowing buyers to choose based on their budget and preference for premium versus emerging micromarkets.
An investor should view the 4.49% rental yield in Shakurpur as a measure of the property's efficiency in generating recurring income relative to its capital cost as of Sep 2026. While the average rental rate has seen a 3.3% depreciation, the yield remains a vital indicator for long-term investors. When combined with the strong capital appreciation seen in property types like apartments, which grew by 25.61%, this data suggests that Shakurpur offers a balanced profile for those seeking both rental income and asset value growth.
