Property Rates in Shakurpur, Delhi
Comprehensive Market Snapshot
Property rates in Shakurpur average ₹22,900 per sq ft, showing a slight downward trend from previous quarters. The rental market presents a steady opportunity with an average rental yield of 2.52%. Notably, Kirti Nagar nearby commands a significantly higher rate at ₹22,750 per sq ft with a substantial 24.87% increase, while apartments in Shakurpur itself have seen a strong 25.61% rise to ₹8,150 per sq ft.
- Asking Sale Price₹ 22,900 /sq.ft
- Average Rental₹ 48 /sq.ft
- Rental Yield2.52 %
Insights for Shakurpur, Delhi Real Estate Market
Shakurpur's property market currently shows an average asking price of ₹22,900 per sq ft, with recent quarterly trends indicating a minor fluctuation. The rental landscape is active, boasting an average rental yield of 2.52% and an average rental rate of ₹48 per sq ft, with 2 BHK apartments renting for ₹40,650 per month and 3 BHKs at ₹1.52 Lakh per month. Among surrounding areas, Kirti Nagar stands out with a remarkable 24.87% price increase, reaching ₹22,750 per sq ft, while Shakurpur's own apartment segment has experienced a significant 25.61% surge to ₹8,150 per sq ft. Office spaces in Shakurpur are priced at ₹22,900 per sq ft, seeing a slight decrease of 0.25%, whereas villas are priced at ₹24,250 per sq ft with a positive 8.48% growth.
- Kirti Nagar exhibits exceptional growth, with average prices jumping 24.87% to ₹22,750 per sq ft.
- Apartments within Shakurpur show strong buyer demand, with prices increasing by 25.61% to ₹8,150 per sq ft.
- The rental market offers a yield of 2.52%, with 3 BHK apartments commanding a high average rent of ₹1.52 Lakh per month.
- Office spaces in Shakurpur have experienced a slight dip of 0.25%, currently averaging ₹22,900 per sq ft.
- Villas in Shakurpur are on an upward trajectory, with prices rising 8.48% to ₹24,250 per sq ft.
Property Valuation Comprehensive assessment of your property's current worth in the current market
Property Price Trends in Shakurpur, Delhi
The property market in Shakurpur has experienced minor fluctuations in asking prices over recent quarters. The latest data for Dec 2025 shows an average rate of ₹22,900 per sq ft. This follows a slight increase to ₹22,950 per sq ft in Sep 2025 and a dip to ₹22,850 per sq ft in Jun 2025.
Shakurpur's real estate market presents diverse options across property types. Villas are currently the most expensive, priced at ₹24,250 per sq ft with a strong 8.48% increase. Office spaces are priced similarly to the overall average at ₹22,900 per sq ft, though they have seen a slight 0.25% decrease. Apartments offer a more accessible entry point, averaging ₹8,150 per sq ft but showing remarkable growth with a 25.61% price surge.
Comparing Shakurpur to its neighboring micromarkets reveals varied pricing dynamics. Kirti Nagar commands a premium, averaging ₹22,750 per sq ft with a substantial 24.87% price increase, significantly outpacing the broader market. Paschimpuri offers properties around ₹20,000 per sq ft, showing a moderate 4.36% growth. Meanwhile, areas like Pitampura and Punjabi Bagh are priced considerably lower, averaging ₹11,850 and ₹18,300 per sq ft respectively, with Pitampura experiencing a notable -25.81% change.
Property Rental Trends in Shakurpur, Delhi
In Shakurpur, the rental market shows strong demand for larger living spaces. Two-bedroom apartments (2 BHK) average ₹40,650 per month, while three-bedroom apartments (3 BHK) command a significantly higher ₹1.52 Lakh per month, indicating a premium for increased space and amenities.
Within Shakurpur's vicinity, rental rates are largely consistent, with several key locations like Netaji Subhash Place, Rani Bagh, Lok Vihar, Lawrence Road, Raja Park, Kohat Enclave, Pitampura, and Punjabi Bagh all averaging ₹50 per sq ft. Notably, Rohini Sector 8 shows a 6.45% increase in rental rates, while Moti Nagar has seen a 4% rise.
The rental market in Shakurpur is segmented by property type, with office spaces commanding higher rates at ₹100 per sq ft, reflecting a 3.37% year-on-year increase. Apartments, the more common residential offering, average ₹50 per sq ft, showing a robust 6.67% growth.
FAQs about Property Rates in Shakurpur, Delhi
As of Mar 2026, the average asking price in Shakurpur is ₹22,900 per sq ft. This indicates a stable market, as the price has shown no change percentage from the previous period. The data pertains to commercial office spaces, which is the primary building type listed for this locality.
Property prices in Shakurpur have seen some fluctuations over the past year. The micromarket rate was ₹12,150 in Mar 2026, a slight decrease from ₹12,250 in Dec 2025. Prior to that, it was ₹12,000 in Sep 2025 and ₹8,400 in Jun 2025. This suggests a mixed trend, with a notable increase in micromarket rates from Jun 2025 to Sep 2025, followed by a period of stability and slight decline.
In Shakurpur, property rates vary significantly by type as of Mar 2026. Office spaces are priced at an average of ₹22,900 per sq ft, showing a slight depreciation of 0.25% from the previous period. Villas are priced higher at ₹24,250 per sq ft, having appreciated by 8.48%. Apartments are the most affordable, with an average price of ₹8,150 per sq ft, and have seen a substantial appreciation of 25.61%.
As of Mar 2026, the average rental rate in Shakurpur stands at ₹48 per sq ft, marking an appreciation of 6.67%. The rental yield for properties in Shakurpur is 2.52%. This yield suggests the potential return on investment for property owners through rental income relative to the property's capital value.
In Shakurpur, rental rates for apartments vary by BHK configuration. As of Mar 2026, a 2 BHK apartment commands an average monthly rent of ₹40,650. For larger families or those seeking more space, a 3 BHK apartment is available at a higher average monthly rent of ₹1.52 Lakh. These figures reflect the rental demand for different unit sizes within the locality.
Rental rates in micromarkets near Shakurpur are largely consistent, with many areas showing an average of ₹50 per sq ft as of Mar 2026. Notably, Netaji Subhash Place, Rani Bagh, Lok Vihar, Lawrence Road, Raja Park, Kohat Enclave, Pitampura, and Punjabi Bagh all report this average. Rohini Sector 8 has seen a 6.45% appreciation to ₹50 per sq ft, while Moti Nagar also shows a 4% increase to ₹50 per sq ft, indicating a steady rental demand across these neighbouring areas.
As of Mar 2026, rental rates in Shakurpur differ by property type. Office spaces are commanding a higher average rental rate of ₹100 per sq ft, which has appreciated by 3.37%. Apartments, on the other hand, have an average rental rate of ₹50 per sq ft, showing a 6.67% increase, indicating a robust rental market for both commercial and residential segments.
Residential property rates in nearby micromarkets show a wide range compared to Shakurpur's commercial office space asking price of ₹22,900 per sq ft as of Mar 2026. For instance, Pitampura has an average residential apartment rate of ₹11,850 per sq ft, depreciating by 25.81%. Punjabi Bagh is at ₹18,300 per sq ft (-2.66%), Moti Nagar at ₹19,600 per sq ft (-6.76%), and Kirti Nagar at ₹22,750 per sq ft, which has appreciated by 24.87%. These figures highlight significant variations in residential property values across adjacent areas.
The micromarket rate in Shakurpur has shown some volatility, moving from ₹8,400 per sq ft in Jun 2025 to ₹12,150 per sq ft in Mar 2026. After a significant jump from Jun 2025 to Sep 2025, it stabilized and slightly decreased by Mar 2026. This trend suggests potential for growth but also indicates that investors should monitor market dynamics closely, as past performance may not guarantee future returns.
Based on the data as of Mar 2026, Shakurpur presents a mixed picture. The average asking price for commercial office space is stable, while apartment prices have appreciated significantly by 25.61%. The rental yield of 2.52% is moderate. The substantial appreciation in apartment prices might attract investors, while the stable commercial rates could appeal to end-users looking for consistent pricing. However, the overall trend suggests a dynamic market requiring careful consideration for both buyer types.
Apartment prices in Shakurpur have experienced a significant upward trend, appreciating by 25.61% as of Mar 2026. This substantial growth indicates strong demand or limited supply for apartments in the locality, making it an attractive segment for potential buyers and investors looking for capital appreciation.
