Delhi
The Shakurpur real estate market is currently defined by stable capital values and a maturing rental sector that attracts significant interest from both residents and investors. Property rates hold steady at ₹22,900 per sq ft, while the rental market shows consistent growth, particularly for residential apartments and office spaces. Recent trends indicate that the area is evolving into a balanced hub, with rental yields reaching 2.52% and specific unit configurations like 3 BHK apartments commanding monthly rents of ₹1.52 Lakh. Developers and investors are increasingly focusing on these high-demand segments to capture stable returns.
The average asking price in Shakurpur is ₹22,900 per sq ft as of Jun 2026. This rate has remained stable with a 0% change, indicating a period of price consolidation in the local commercial office space market.
Property rates in Shakurpur vary significantly by type as of Jun 2026. Office spaces are priced at ₹22,900 per sq ft, having depreciated by 0.25% compared to the previous period. Villas command a higher average of ₹24,250 per sq ft, showing strong appreciation of 8.48% over the same timeframe. Meanwhile, apartments are the most accessible segment at ₹8,150 per sq ft, which has seen a notable appreciation of 25.61%, reflecting rising demand for residential units in the area.
As of Jun 2026, the average rental rate in Shakurpur stands at ₹48 per sq ft, which has appreciated by 6.67% compared to the previous period. The area currently offers a rental yield of 2.52%, a key metric for investors to evaluate the annual income potential relative to the capital investment required for property ownership in this locality.
Rental rates for apartments in Shakurpur vary by configuration as of Jun 2026. A 2 BHK apartment typically rents for ₹40,650 per month, while a 3 BHK apartment commands a significantly higher average of ₹1.52 Lakh per month. These figures provide a clear benchmark for tenants and landlords looking to understand the current market value for residential leasing in the locality.
Office spaces in Shakurpur command a premium rental rate of ₹100 per sq ft as of Jun 2026, having appreciated by 3.37% compared to the previous period. In contrast, apartments are currently renting at an average of ₹50 per sq ft, which has seen an appreciation of 6.67% over the same timeframe. This disparity highlights the higher income potential per square foot for commercial assets compared to residential properties in the area.
Rental rates in Shakurpur average ₹48 per sq ft as of Jun 2026, while many surrounding areas like Netaji Subhash Place, Rani Bagh, and Pitampura maintain a slightly higher average of ₹50 per sq ft. Among these, Rohini Sector 8 has seen a rental appreciation of 6.45% and Moti Nagar has seen an appreciation of 4% as of Jun 2026, suggesting that while Shakurpur remains competitive, neighboring hubs are experiencing steady growth in rental demand.
As of Jun 2026, property sale rates in the vicinity of Shakurpur show varied trends. Kirti Nagar has witnessed the most significant growth, with rates appreciating by 24.87% to reach ₹22,750 per sq ft. Conversely, Pitampura has experienced a notable market correction, with rates depreciating by 25.81% to ₹11,850 per sq ft. Other areas like Paschimpuri have seen a modest appreciation of 4.36%, while localities such as Rohini Sector 9 have seen a depreciation of 8.86%.
The rental yield of 2.52% in Shakurpur as of Jun 2026 serves as a primary indicator of the annual return on investment from rental income. Investors should compare this yield against the capital appreciation trends in the area—such as the 25.61% appreciation seen in apartment prices—to determine if the property serves their needs better as a long-term capital growth asset or a steady income-generating rental asset.
