Delhi
The Shakurpur property market displays a nuanced landscape where property values and rental growth intersect to create opportunities for varied stakeholders. While apartment prices have seen significant appreciation at 25.61%, the commercial sector remains a dominant contributor to the local economy. The rental market is particularly active, with a notable yield of 5.11% drawing attention from income-focused investors. This combination of capital appreciation in residential segments and consistent rental demand highlights the area's ongoing evolution as a key residential and commercial hub in Delhi.
As of June 2026, the average asking price in Shakurpur stands at ₹21,350 per sq ft. This rate has remained stable, showing a 0% change compared to the previous period, which indicates a period of price consolidation in the local real estate market.
Property prices in Shakurpur vary significantly by type as of June 2026. Office spaces are priced at ₹21,350 per sq ft, which has depreciated by 6.7% compared to the previous period. Villas command a higher average of ₹24,250 per sq ft, showing an appreciation of 8.48% over the same timeframe. Meanwhile, apartments are available at a more accessible ₹8,150 per sq ft, having seen a notable appreciation of 25.61% from the previous period, signaling strong demand for residential units in the locality.
As of June 2026, the average rental rate in Shakurpur is ₹91 per sq ft, which has experienced a significant appreciation of 89.58% compared to the previous period. The area currently offers a rental yield of 5.11%, a key metric for investors that represents the annual rental income as a percentage of the property's capital value, highlighting the potential for steady income generation in this market.
Rental rates in Shakurpur vary by unit size as of June 2026. A 2 BHK apartment typically rents for ₹40,650 per month, while a 3 BHK apartment commands a higher average of ₹1.52 Lakh per month. These figures provide a clear benchmark for tenants and landlords, reflecting the premium placed on larger living spaces within the locality.
Rental rates in Shakurpur show distinct trends across property types as of June 2026. Office spaces are currently renting at ₹100 per sq ft, having seen a slight depreciation of 1.09% compared to the previous period. In contrast, apartments are renting at ₹50 per sq ft, which represents an appreciation of 6.67% over the same period, indicating a growing preference for residential rental options in the area.
Rental rates in the vicinity of Shakurpur are largely consistent at ₹50 per sq ft as of June 2026, though their recent performance varies. Areas like Lok Vihar, Pitampura, and Moti Nagar have seen rental depreciations of 12.5%, 12.82%, and 15.38% respectively. Meanwhile, locations such as Sainik Vihar, Saraswati Vihar, Punjabi Bagh, and Rohini Sector 14 have maintained stable rental rates with 0% change, providing a stable baseline for renters looking across these neighboring markets.
Property prices in the surrounding areas of Shakurpur vary widely as of June 2026. Kirti Nagar is among the premium locations with an average rate of ₹26,800 per sq ft, having appreciated by 17.69%. Other notable areas include Punjabi Bagh at ₹20,350 per sq ft (up 11.29%), Moti Nagar at ₹20,050 per sq ft (up 2.29%), and Paschimpuri at ₹19,900 per sq ft (down 0.58%). These comparisons help buyers identify the relative value of properties in Shakurpur against established residential hubs.
