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Property Rates in Shalimar Garden Extension I, Ghaziabad

Comprehensive Market Snapshot

The Shalimar Garden Extension I real estate market in Ghaziabad currently presents an average asking price of ₹4,329 per sq ft. Recent quarterly trends indicate a notable adjustment in property values, particularly for apartments, which stand at the same average price but show a 12.01% decrease. The market predominantly offers Ready To Move properties, accounting for 18 units with an average price of ₹3,571 per sq ft, reflecting a 13.63% decline. Top projects like Pamposh Appartments are currently listed at around ₹4,035 per sq ft, providing key options within this dynamic locality.

  • Asking Sale Price₹ 4,329/sq.ft
  • Insights
  • Price Trend
  • Project and Developer Insights
  • Recent Transactions

Insights for Shalimar Garden Extension I, Ghaziabad Real Estate Market

Shalimar Garden Extension I in Ghaziabad offers a distinctive real estate landscape, currently with an average asking price of ₹4,329 per sq ft. Analyzing price trends reveals a downward adjustment, as the location rate decreased from ₹4,920 per sq ft in September 2025 to ₹4,329 per sq ft by December 2025. This makes the area potentially attractive for buyers seeking value. Compared to neighboring areas, Shalimar Garden Extension I is more affordable than Shalimar Garden at ₹5,345 per sq ft and significantly lower than NH 24 at ₹6,601 per sq ft, yet slightly higher than Vikram Enclave's ₹3,832 per sq ft. The market is primarily driven by apartment properties, which align with the overall average asking price of ₹4,329 per sq ft, despite experiencing a 12.01% price correction. The supply predominantly consists of Ready To Move units, with 18 properties available at an average of ₹3,571 per sq ft, also witnessing a 13.63% price dip. Prominent projects like Pamposh Appartments and Mahalaxmi Apartments Ghaziabad are key players, with current rates of ₹4,035 per sq ft and ₹3,971 per sq ft, respectively, some even showing positive growth. This combination of competitive pricing, readily available housing, and diverse project options shapes the investment appeal of Shalimar Garden Extension I.

Market Strengths Market Strengths
  • Affordable Entry Point: With an average asking price of ₹4,329 per sq ft, Shalimar Garden Extension I offers a more budget-friendly option compared to some premium Ghaziabad localities.
  • Ready Availability: A substantial number of Ready To Move properties (18 units) ensures immediate possession, appealing to end-users and investors seeking quick returns.
  • Value-Oriented Apartments: The average price of apartments aligns with the overall market, making them accessible for a wide range of buyers.
  • Positive Performing Projects: Some top projects like Pamposh Appartments and Mahalaxmi Apartments Ghaziabad have shown positive price changes, highlighting robust demand for specific developments.
  • Strategic Location: Being part of Ghaziabad, the area benefits from infrastructure development and connectivity, enhancing its long-term appeal.
  • Diverse Project Options: A variety of projects are available, from those showing growth to those with recent price adjustments, offering choices for different investment strategies.
Market Challenges Market Challenges
  • Recent Price Adjustments: The noticeable decline in average asking prices and property types suggests a market correction or cooling demand, which could impact short-term capital appreciation.
  • Limited Property Type Diversity: The market primarily focuses on apartments, which might not cater to buyers looking for other property types like independent houses or plots.
  • Absence of Rental Data: The lack of average rental rate data makes it challenging for investors to accurately project rental yields and assess long-term income potential.
  • Lack of Transaction Transparency: The absence of government registration data on transaction counts and gross values limits insight into actual sales activity and market liquidity.
  • Micromarket Price Discrepancy: The micromarket rate is significantly higher (e.g., ₹7,765 per sq ft in Dec 2025) compared to the location rate (₹4,329 per sq ft), indicating potential segmentation or data discrepancies that require further investigation.
Investment Opportunities Investment Opportunities
  • Potential for Value Acquisition: The recent 12.01% decrease in apartment prices and 13.63% drop in Ready To Move properties could indicate a buyer's market, offering opportunities to acquire assets at a lower entry point.
  • Competitive Pricing: With an average asking price of ₹4,329 per sq ft, Shalimar Garden Extension I is more affordable than several neighboring localities, making it an attractive option for budget-conscious investors.
  • Ready To Move Inventory: The presence of 18 Ready To Move units at a competitive average price of ₹3,571 per sq ft offers immediate possession and rental income potential, minimizing construction risks.
  • Established Project Options: Projects like Pamposh Appartments and Mahalaxmi Apartments Ghaziabad show positive price changes, suggesting stability and growth potential within specific developments.
  • Gateway Location: Positioned in Ghaziabad, the locality benefits from the city's overall development and connectivity, potentially leading to future appreciation.
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Property Price Trends in Shalimar Garden Extension I, Ghaziabad

Asking Price Trends

Asking prices in Shalimar Garden Extension I have seen a notable shift over recent quarters. The average rate for the locality stood at ₹4,900 per sq ft in June 2025, climbing slightly to ₹4,920 per sq ft by September 2025. However, the market observed a subsequent adjustment, with prices settling at ₹4,329 per sq ft by December 2025, indicating a downward trend in the latter half of the year.

Quarter City Rate
Dec 2025 4329
Sep 2025 4920
Jun 2025 4900
Mar 2025 0
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Price Trends by Property Type

The real estate market in Shalimar Garden Extension I primarily caters to apartment buyers. Apartments in this locality are currently priced at an average of ₹4,329 per sq ft. This segment has recently experienced a 12.01% decrease, indicating a buyer-friendly market for those seeking multi-unit dwellings. The focus on apartments suggests a consistent demand for this property type within the area.

Type Rate (₹/sq.ft) Change %
Apartment 4,329 -12.01
Price Trends by Project Status

The Shalimar Garden Extension I market largely comprises Ready To Move properties, offering immediate occupancy options for buyers. There are currently 18 such units available, with an average asking price of ₹3,571 per sq ft. This segment has experienced a 13.63% price correction, making it an appealing choice for those looking for completed homes at potentially better value. This strong supply of ready-to-move units provides convenience and reduces the waiting period for homeowners.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 18 3,571 -13.63
Price Trends by Localities

Shalimar Garden Extension I commands an average asking price of ₹4,329 per sq ft, positioning it competitively within Ghaziabad. This rate is notably more accessible than the nearby Shalimar Garden, which averages ₹5,345 per sq ft, and significantly below the ₹6,601 per sq ft seen in NH 24. While offering a slight premium over Vikram Enclave's ₹3,832 per sq ft, it remains close to Rajendra Nagar Sector 2 at ₹4,400 per sq ft and Raj Bagh at ₹4,152 per sq ft. Such varied pricing among neighboring areas highlights Shalimar Garden Extension I as a mid-range option for prospective buyers.

Location Rate (₹/sq.ft) Change %
Shalimar Garden 5,345 18.8
Nh 24 6,601 -4.1
Vikram Enclave 3,832 -
Rajendra Nagar Sector 2 4,400 -
Raj Bagh 4,152 -
Bhopura 4,069 1
Rajendra Nagar 5,692 -11.4
Rajendra Nagar Sector 5 4,852 17.9
Gt Road 2,585 -44.4
Surya Nagar 7,247 -48.2

Project and Developer Insights

Top Projects by Listing Rates

Premium residential developments in Shalimar Garden Extension I are presenting diverse pricing and performance. Pamposh Appartments leads with a current rate of ₹4,035 per sq ft, showing a positive change of 7.06%. Mahalaxmi Apartments Ghaziabad follows closely at ₹3,971 per sq ft, having increased by 5.36%. Other notable projects include Munesh Palace at ₹3,955 per sq ft, maintaining its price, and several projects like Aman Residency and Chinar Apartments listed at ₹3,488 per sq ft, though some have seen significant price adjustments.

  • Listing Rate
Project Name Rate (₹/sq.ft) Change %
Pamposh Appartments 4,035 7.1
Mahalaxmi Apartments Ghaziabad 3,971 5.4
Munesh Palace 3,955 -
Aman Residency 3,488 -37.9
Chinar Apartments 3,488 -3.8
Nidhi Royal Apartments 3,488 -3.8
Karthik Plaza 3,488 -3.8
Meer House 3,488 -
Samrat Apartments Ghaziabad 3,488 -3.8
Shubham Apartment Shalimar Garden Extention 1 3,488 -47.7
Top Developers in Ghaziabad
Agarwal Homes leads in Ghaziabad with 1 projects and years of experience.
DLF
Agarwal Homes
  • 1 Projects

Recent Registered Transactions in Shalimar Garden Extension I

Date Floor/Unit Tower/Wing Area Value Rate/Sq.Ft.  
2025-06-03 Floor UG, Unit M-4B N/A 700 Sq.Ft. 3910000 🔒
2025-04-23 Floor G, Unit 1 N/A 650 Sq.Ft. 3500000 🔒
2025-03-05 Floor 2, Unit 1D N/A 1000 Sq.Ft. 4050000 🔒
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