Ghaziabad
The real estate market in Shalimar Garden Extension I currently maintains a consistent price level, providing a stable entry point for residential buyers. With an average asking price of ₹3,500 per sq ft, the locality balances affordability with steady demand, particularly for ready-to-move units that have seen a notable 12.44% value growth. Rental activity remains active, supported by diverse apartment configurations that cater to varying tenant requirements. While capital appreciation has leveled off, the consistent rental yield of 3.09% offers a reliable income stream for property owners in the region.
As of Sep 2026, the average asking price in Shalimar Garden Extension I is ₹3,500 per sq ft. This rate has remained stable with a 0% change, indicating a balanced market environment for buyers and sellers in the area during the recent period.
Property prices in Shalimar Garden Extension I have shown stability, with the location rate holding at ₹3,500 per sq ft in both Jun 2026 and Sep 2026. While the broader micromarket rate saw a slight increase from ₹8,300 per sq ft in Jun 2026 to ₹8,550 per sq ft in Sep 2026, the specific locality rate has maintained a consistent trajectory, suggesting a steady demand profile for residential apartments in this area.
Property rates in Shalimar Garden Extension I, currently at ₹3,500 per sq ft, are generally more accessible compared to several surrounding localities. For instance, Chander Nagar commands a higher average of ₹8,500 per sq ft (which appreciated by 16.76% over the observed period), and Mohan Nagar sits at ₹9,450 per sq ft. Conversely, areas like Bhopura offer a closer price point at ₹3,950 per sq ft, which has appreciated by 2.5%.
Ready To Move properties in Shalimar Garden Extension I are currently priced at an average of ₹3,750 per sq ft as of Sep 2026. This segment has shown significant growth, having appreciated by 12.44% compared to previous periods, reflecting a strong preference among buyers for immediate possession homes over under-construction or older inventory.
As of Sep 2026, the average rental rate in Shalimar Garden Extension I is ₹9 per sq ft, which has depreciated by 30.77% compared to the prior period. The locality currently offers a rental yield of 3.09%, a key metric for investors to evaluate the annual income potential of their property relative to the capital investment required for a purchase in this market.
Rental costs in Shalimar Garden Extension I are structured to accommodate different tenant needs, with 1 BHK units averaging ₹6,700 per month, 2 BHK units at ₹11,050 per month, and 3 BHK units at ₹18,050 per month as of Sep 2026. This tiered pricing allows tenants to choose based on space requirements, while investors can use these figures to estimate potential monthly cash flows for different apartment sizes.
Both apartments and shops are available for rent in Shalimar Garden Extension I, with both categories currently averaging ₹50 per sq ft as of Sep 2026. While shop rental rates have remained stable with a 0% change, apartment rental rates have seen significant growth, appreciating by 44.44% compared to the previous period, signaling an increased demand for residential rental spaces in the locality.
Several projects define the residential landscape of Shalimar Garden Extension I, including Pamposh Appartments and Munesh Palace, both currently listed at ₹4,000 per sq ft. Other notable options include Mahalaxmi Apartments Ghaziabad at ₹3,950 per sq ft, and a group of projects including Krishna Kunj Apartments, Nidhi Homes, and Karthik Plaza, all of which are listed at ₹3,750 per sq ft as of Sep 2026.
A buyer should view the current stability in Shalimar Garden Extension I—where the average asking price is ₹3,500 per sq ft as of Sep 2026—as a sign of a mature and predictable market. With 47 active listings, the market provides sufficient options for comparison, and the 0% price change indicates that there is currently no aggressive inflationary pressure, allowing for a more measured decision-making process.
Investors looking at Shalimar Garden Extension I can consider the current rental yield of 3.09% as of Sep 2026 as a baseline for income-generating potential. While the average asking price for apartments is ₹3,500 per sq ft, the variation in rental appreciation—specifically the 44.44% increase in apartment rental rates—suggests that while capital values remain stable, the rental market for residential units is experiencing heightened demand, which may be beneficial for long-term hold strategies.
