Property Rates in Shalimar Garden Extension I, Ghaziabad 2026
Property rates in Shalimar Garden Extension I average ₹4,350 per sq ft. This valuation reflects a recent market adjustment, with prices moving from ₹4,900 per sq ft in earlier quarters. The locality maintains a steady residential interest, supported by an average rental yield of 3.59%. Investors often look at the competitive entry point for ready-to-move apartments, which currently command an average price of ₹3,300 per sq ft, offering immediate value for potential occupants.
Insights for Shalimar Garden Extension I, Ghaziabad Real Estate Market Overview
The real estate landscape in Shalimar Garden Extension I presents a blend of established residential projects and active rental segments. Market analysis shows that while capital values have undergone recent shifts, the area remains a functional hub for families and professionals seeking affordable housing within the Ghaziabad region. Rental activity is particularly notable, with a healthy yield and consistent demand across various configurations. The presence of ready-to-move inventory provides a secure option for buyers looking to avoid construction delays, while competitive rental rates attract a steady stream of tenants.
Residential property rates are currently at ₹4,350 per sq ft, reflecting a shift from previous levels of ₹4,900 per sq ft.
Ready-to-move apartments provide an accessible entry point at an average of ₹3,300 per sq ft.
Rental yields in the locality are currently positioned at 3.59%.
Monthly rental costs for 3 BHK apartments average ₹17,900, while 1 BHK units command ₹13,500.
Top residential projects like Mahalaxmi Apartments and Pamposh Appartments continue to influence the local listing price trends.
Market Strengths
Diverse rental configuration options ranging from 1 BHK to 3 BHK apartments.
Strong average rental yield of 3.59% for residential assets.
Availability of ready-to-move units provides immediate utility for buyers.
Competitive residential pricing at ₹4,350 per sq ft compared to neighboring areas like Chander Nagar.
Established project presence with multiple apartment complexes already in operation.
Market Challenges
Apartment property types have experienced a price change of -12.01%, indicating a soft market for sellers.
Ready-to-move inventory shows a -6.93% price trend, suggesting competitive pressure on existing units.
Average rental rates have seen a decrease of -18.75% across the locality.
Rental rates for several surrounding areas like Shalimar Garden have faced significant downward pressure.
Investment Opportunities
Rental yield of 3.59% provides a consistent return profile for buy-to-let investors.
Ready-to-move apartments at ₹3,300 per sq ft offer a lower-cost entry point for immediate rental income generation.
1 BHK units at ₹13,500 per month serve as a highly liquid asset class for local tenant demand.
Established projects like Mahalaxmi Apartments offer stable pricing at ₹4,150 per sq ft for long-term hold strategies.
Top Localities in Shalimar Garden Extension I, Ghaziabad
Vikram Enclave
Avg Price₹ 3,850 /sqft
LISTINGS
3
Price Trend
Shalimar Garden Extension I, Ghaziabad Property Price Trends and Appreciation
Property rates in Shalimar Garden Extension I have adjusted to ₹4,350 per sq ft as of December 2025. This follows a period where the locality rate held at ₹4,900 per sq ft throughout the middle of the year. These trends indicate a recalibration in the local market, making it a more accessible entry point for new buyers.
Asking Price Trends
₹ 4,350/sq.ft.
Jun 2025 — Mar 2026
Quarter
City Rate
Mar 2026
0
Dec 2025
4350
Sep 2025
4900
Jun 2025
4900
About Asking Price Trends
Shalimar Garden Extension I Property Price Comparison
Shalimar Garden Extension I sits within a broader network of Ghaziabad localities with varying price points. Nearby Shalimar Garden commands a premium at ₹5,350 per sq ft, while Shalimar Garden Extension II averages ₹5,000 per sq ft. In comparison, more affordable options are available in Bhopura at ₹3,850 per sq ft. These variations allow buyers to choose based on both budget and proximity to key city infrastructure.
The residential market in Shalimar Garden Extension I is primarily driven by apartment-style living. These properties are currently priced at an average of ₹4,350 per sq ft, reflecting a change of -12.01% over the observed period. This focus on apartment inventory provides a streamlined choice for those looking for standardized living spaces in a well-connected locality.
The market offers specific opportunities for immediate occupancy through its ready-to-move inventory. These 18 ready-to-move units are priced at an average of ₹3,300 per sq ft, which reflects a change of -6.93%. This segment is ideal for buyers prioritizing quick possession over new construction timelines.
Project & Developer Insights
Top Residential Projects and Developers in Shalimar Garden Extension I
Top Projectsin Shalimar Garden Extension I
The Prestige City is the top project in Shalimar Garden Extension I with prices from ₹ 1.76 Cr to 5.63 Cr.
The Prestige City
₹ 1.75 Cr - ₹ 5.63 Cr
Ghaziabad City, Ghaziabad
Gaur NYC Residences
₹ 2.54 Cr - ₹ 5.75 Cr
Ghaziabad City, Ghaziabad
Gaur Aero Heights
₹ 31.32 L - ₹ 31.56 L
Loni, Ghaziabad
New Launch
Under Construction
Ready to Move
Top Developersin Ghaziabad
Agarwal Homes leads in Ghaziabad with 1 projects and years of experience.
Premium residential interest in Shalimar Garden Extension I is led by projects such as Mahalaxmi Apartments Ghaziabad and Pamposh Appartments, both priced at ₹4,150 per sq ft. Munesh Palace follows closely with an average rate of ₹4,050 per sq ft. Other developments, including Banke Bihari Kunj and Shreeji Apartments, are priced at ₹3,150 per sq ft, catering to a different segment of the market.
Recent Registered Transactions
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.
Rental Trends
Rental Trends and Average Rent in Shalimar Garden Extension I, Ghaziabad
Rental demand in the area spans across various unit sizes, with 1 BHK apartments averaging ₹13,500 per month. Those requiring more space can opt for 2 BHK units at ₹15,700 per month, while 3 BHK apartments command an average rent of ₹17,900 per month. Rental rates across the broader region are fairly uniform, with many areas like A Block Shalimar Garden, Rajendra Nagar, and Lajpat Nagar averaging ₹50 per sq ft. While some locations like Rajendra Nagar and its sectors have seen a 6.67% increase, others have remained stable. The apartment rental market is the primary segment in the area, averaging ₹50 per sq ft. This sector has seen a change of -18.75% during the current reporting period.
Rental demand in the area spans across various unit sizes, with 1 BHK apartments averaging ₹13,500 per month. Those requiring more space can opt for 2 BHK units at ₹15,700 per month, while 3 BHK apartments command an average rent of ₹17,900 per month.
Rental rates across the broader region are fairly uniform, with many areas like A Block Shalimar Garden, Rajendra Nagar, and Lajpat Nagar averaging ₹50 per sq ft. While some locations like Rajendra Nagar and its sectors have seen a 6.67% increase, others have remained stable.
The apartment rental market is the primary segment in the area, averaging ₹50 per sq ft. This sector has seen a change of -18.75% during the current reporting period.
Frequently Asked Questions About Property Rates in Shalimar Garden Extension I, Ghaziabad
What is the current average asking price in Shalimar Garden Extension I?
As of March 2026, the average asking price in Shalimar Garden Extension I is ₹4,350 per sq ft. This rate has remained stable, showing a 0% change compared to the previous period, which suggests a balanced market environment in this locality for both buyers and sellers.
How have property price trends evolved in Shalimar Garden Extension I recently?
Property price trends in Shalimar Garden Extension I have shown a transition toward stability. While the location rate was recorded at ₹4,900 per sq ft in June 2025 and September 2025, it adjusted to ₹4,350 per sq ft by December 2025 and has maintained that level as of March 2026. This trajectory reflects a market correction that has now reached a point of price equilibrium.
How do property rates in Shalimar Garden Extension I compare to nearby areas?
Property rates in Shalimar Garden Extension I, currently at ₹4,350 per sq ft, sit in the mid-range when compared to surrounding localities. For instance, Lajpat Nagar commands a higher average asking price of ₹7,600 per sq ft, having appreciated by 28.67% from the previous period, while Bhopura is more affordable at ₹3,850 per sq ft, which represents a depreciation of 11.51% over the same timeframe. These variations highlight the diverse investment profiles available within the broader Ghaziabad region.
What is the price difference between Ready To Move and other properties in Shalimar Garden Extension I?
As of March 2026, Ready To Move properties in Shalimar Garden Extension I are available at an average price of ₹3,300 per sq ft. This segment has experienced a depreciation of 6.93% compared to the previous period, which may offer a more accessible entry point for end-users looking to move in immediately without waiting for construction timelines.
What is the average rental rate and rental yield in Shalimar Garden Extension I?
As of March 2026, the average rental rate in Shalimar Garden Extension I is ₹13 per sq ft, which has depreciated by 18.75% compared to the previous period. The locality currently offers a rental yield of 3.59%, a key metric for investors that indicates the annual rental income relative to the property's purchase price, helping them assess the potential for recurring income in this market.
What is the BHK-wise rental pattern in Shalimar Garden Extension I?
Rental rates in Shalimar Garden Extension I vary by unit size to cater to different tenant needs. As of March 2026, a 1 BHK apartment typically rents for ₹13,500 per month, a 2 BHK for ₹15,700 per month, and a 3 BHK for ₹17,900 per month. These figures provide a clear benchmark for landlords and tenants to understand the monthly budget required for various configurations in the current market.
Which projects in Shalimar Garden Extension I are currently prominent by listing rates?
Several projects in Shalimar Garden Extension I show varying price movements as of March 2026. Mahalaxmi Apartments Ghaziabad and Pamposh Appartments are both listed at ₹4,150 per sq ft, with Mahalaxmi Apartments showing an appreciation of 4.51% and Pamposh Appartments an appreciation of 2.45% compared to their previous periods. Conversely, projects like Banke Bihari Kunj and Mannat Homes are listed at ₹3,150 per sq ft, reflecting a depreciation of 9.26% over the same timeframe, which may appeal to budget-conscious buyers.
How should a buyer interpret the property rates data on this page?
Users should view the data as a snapshot of market health as of March 2026 to inform their property search. By comparing the average asking price of ₹4,350 per sq ft against specific project rates and rental yields of 3.59%, buyers and investors can gauge whether a property is priced competitively. Always consider the appreciation or depreciation percentages provided to understand if a specific area or project is currently seeing upward or downward price momentum.