Property Rates in Shalimar Garden Extension I, Ghaziabad 2026
Property rates in Shalimar Garden Extension I average ₹4,350 per sq ft. This locality shows a notable price adjustment compared to the previous quarter, reflecting shifting market dynamics. The area serves as a significant residential hub within Ghaziabad, offering a balanced entry point for prospective homeowners. Investors looking for consistent rental returns will find a healthy rental yield of 3.59%, with diverse residential configurations available to suit varying budget requirements.
Insights for Shalimar Garden Extension I, Ghaziabad Real Estate Market Overview
The real estate landscape in Shalimar Garden Extension I presents a dynamic environment for both buyers and tenants, characterized by evolving price points and established residential inventory. Recent trends show a shift in average property valuations, while the rental market maintains a steady yield of 3.59%, supported by a range of unit configurations. Developers continue to focus on residential projects that cater to the local demand for ready-to-move housing, reinforcing the area's stability. Market activity is marked by a diverse selection of apartments, providing options for different buyer profiles.
Average property rates currently stand at ₹4,350 per sq ft, reflecting recent quarterly adjustments.
The rental market offers competitive monthly rates, with 3 BHK apartments averaging ₹17,900 per month.
Ready-to-move projects provide a significant inventory of 18 units, averaging ₹3,300 per sq ft.
Rental yields remain attractive for investors, holding steady at 3.59%.
Top residential projects like Mahalaxmi Apartments and Pamposh Appartments continue to command attention in the local market.
Market Strengths
Diverse rental options range from 1 BHK to 3 BHK units, catering to a wide demographic of tenants.
A solid rental yield of 3.59% outperforms many traditional residential investment benchmarks.
The presence of 18 ready-to-move units facilitates immediate tenant onboarding and revenue generation.
Top-tier projects like Pamposh Appartments maintain positive growth of 2.45%, indicating localized stability.
The area features a consistent supply of apartment-based housing, which remains the preferred property type for the local market.
Market Challenges
The -12.01% change in apartment prices suggests a softening in demand for certain residential segments.
Ready-to-move units have experienced a price adjustment of -6.93%, indicating a competitive exit environment.
Average rental rates have seen a change of -18.75%, requiring investors to manage expectations regarding monthly income.
Investment Opportunities
The 3.59% rental yield provides a stable return for investors focused on residential assets.
Ready-to-move properties at ₹3,300 per sq ft offer a lower entry cost compared to the overall locality average.
1 BHK apartments at ₹13,500 per month represent an accessible entry point for rental income generation.
Established projects like Mahalaxmi Apartments show positive price growth of 4.51%, signaling strong demand.
Top Localities in Shalimar Garden Extension I, Ghaziabad
Vikram Enclave
Avg Price₹ 3,850 /Sq.Ft.
LISTINGS
2
Price Trend
Shalimar Garden Extension I, Ghaziabad Property Price Trends and Appreciation
Property rates in Shalimar Garden Extension I have seen a quarterly adjustment, moving from ₹4,900 per sq ft in September 2025 to ₹4,350 per sq ft by December 2025. This trend highlights the shifting valuation environment within the locality as it aligns with broader market expectations. Meanwhile, the surrounding micromarket has also experienced a downward trend, adjusting from ₹8,200 per sq ft to ₹7,750 per sq ft over the same period.
Asking Price Trends
₹ 4,350/Sq.Ft
Sep 2025 — Jun 2026
Quarter
City Rate
Jun 2026
0
Mar 2026
0
Dec 2025
4350
Sep 2025
4900
About Asking Price Trends
Shalimar Garden Extension I Property Price Comparison
Shalimar Garden Extension I maintains a distinct price profile compared to its neighbors, with an average rate of ₹4,350 per sq ft. Nearby, Shalimar Garden itself commands a higher average of ₹5,350 per sq ft, showing a growth of 21.47%. Meanwhile, Mohan Nagar stands at a premium of ₹9,450 per sq ft, whereas Bhopura offers a more accessible entry at ₹3,850 per sq ft. Lajpat Nagar represents the higher end of the spectrum with an average of ₹7,600 per sq ft.
The residential market in Shalimar Garden Extension I is primarily defined by apartment living, which currently averages ₹4,350 per sq ft. This segment has seen a change of -12.01% over the recent period, reflecting a recalibration of buyer expectations and supply levels. The focus remains on providing functional living spaces that meet the needs of the local population.
Ready-to-move inventory is a key component of the Shalimar Garden Extension I market, featuring 18 units available for immediate occupancy. These properties are priced at an average of ₹3,300 per sq ft, which reflects a change of -6.93%. This supply segment offers a practical solution for buyers looking to avoid the wait times associated with under-construction projects.
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
₹ 38 L - ₹ 38.29 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 developments in Shalimar Garden Extension I are setting clear value benchmarks for the area. Mahalaxmi Apartments and Pamposh Appartments both anchor the market with asking prices of ₹4,150 per sq ft, experiencing positive growth of 4.51% and 2.45% respectively. Munesh Palace follows closely at ₹4,050 per sq ft, while several other projects, including Krishna Kunj Apartments and Nidhi Royal Apartments, are positioned at ₹3,150 per sq ft.
Recent Registered Transactions
Recent Registered Transactions in Shalimar Garden Extension I
Date
Floor/Unit
Tower/Wing
Area
Value
Rate/Sq.Ft.
2026-04-17
Floor 4, Unit 402
N/A
1300 Sq.Ft.
2026-04-16
Floor G, Unit 6
N/A
0 Sq.Ft.
2026-04-15
Floor 2, Unit 1
N/A
1100 Sq.Ft.
2026-04-13
Floor 2, Unit 3
N/A
700 Sq.Ft.
2026-04-09
Floor G, Unit A2
N/A
400 Sq.Ft.
2026-04-09
Floor UG
N/A
1400 Sq.Ft.
2026-04-08
Floor G, Unit M1
N/A
700 Sq.Ft.
2026-04-08
Floor 1, Unit 7
N/A
1025 Sq.Ft.
2026-04-08
Floor G, Unit 3
N/A
900 Sq.Ft.
2026-04-02
Floor 1, Unit 4
N/A
700 Sq.Ft.
Rental Trends
Rental Trends and Average Rent in Shalimar Garden Extension I, Ghaziabad
Rental demand in Shalimar Garden Extension I is varied, with 1 BHK apartments averaging ₹13,500 per month. Those seeking larger spaces can opt for 2 BHK units at ₹15,700 per month or 3 BHK residences at an average of ₹17,900 per month. These rates reflect the current residential rental market for apartments in the locality. Rental rates across the region show a uniform trend, with areas like Shalimar Garden, Rajendra Nagar, and Lajpat Nagar all averaging ₹50 per sq ft. While some locations like Rajendra Nagar and its sectors have seen a growth of 6.67%, others such as Shalimar Garden have experienced a change of -36.84%. This indicates a varied rental landscape depending on the specific sub-market. Apartment rentals in Shalimar Garden Extension I currently average ₹50 per sq ft. This segment has observed a change of -18.75% over the past year, reflecting the current appetite for leased residential properties in the area.
Rental demand in Shalimar Garden Extension I is varied, with 1 BHK apartments averaging ₹13,500 per month. Those seeking larger spaces can opt for 2 BHK units at ₹15,700 per month or 3 BHK residences at an average of ₹17,900 per month. These rates reflect the current residential rental market for apartments in the locality.
Rental rates across the region show a uniform trend, with areas like Shalimar Garden, Rajendra Nagar, and Lajpat Nagar all averaging ₹50 per sq ft. While some locations like Rajendra Nagar and its sectors have seen a growth of 6.67%, others such as Shalimar Garden have experienced a change of -36.84%. This indicates a varied rental landscape depending on the specific sub-market.
Apartment rentals in Shalimar Garden Extension I currently average ₹50 per sq ft. This segment has observed a change of -18.75% over the past year, reflecting the current appetite for leased residential properties in the area.
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 June 2026, the average asking price in Shalimar Garden Extension I stands at ₹4,350 per sq ft. This rate has remained stable, showing a 0% change compared to previous reporting periods, which indicates a period of price consolidation in this micromarket.
How do property prices in Shalimar Garden Extension I compare to nearby localities?
Property prices in Shalimar Garden Extension I are positioned differently compared to surrounding areas in Ghaziabad as of June 2026. For instance, Shalimar Garden commands an average rate of ₹5,350 per sq ft, having appreciated by 21.47% from the previous period. In contrast, areas like Bhopura have seen a depreciation of 11.51% to reach ₹3,850 per sq ft, while premium locations like Mohan Nagar are priced significantly higher at ₹9,450 per sq ft, reflecting a 6.06% appreciation over the same timeframe.
What is the rental outlook for Shalimar Garden Extension I as of June 2026?
The average rental rate in Shalimar Garden Extension I is currently ₹13 per sq ft, which has experienced a depreciation of 18.75% compared to the prior period. Despite this, the locality maintains a rental yield of 3.59%, offering a baseline income potential for investors who are looking to balance capital appreciation with consistent rental returns.
How does the monthly rent vary by BHK configuration in Shalimar Garden Extension I?
As of June 2026, rental rates in Shalimar Garden Extension I follow a tiered structure based on unit size. Tenants can expect to pay an average of ₹13,500 per month for a 1 BHK, ₹15,700 per month for a 2 BHK, and ₹17,900 per month for a 3 BHK apartment. This progression reflects the standard market demand for larger living spaces within the locality.
What does the price trend for apartments show in Shalimar Garden Extension I?
Apartment prices in Shalimar Garden Extension I are currently averaging ₹4,350 per sq ft as of June 2026. This segment has witnessed a depreciation of 12.01% compared to the previous period, suggesting a market correction that may provide more attractive entry points for prospective homebuyers.
Are there differences in pricing between ready-to-move and under-construction properties in Shalimar Garden Extension I?
As of June 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 seen a depreciation of 6.93% compared to the previous period, which may be of interest to end-users seeking immediate possession at a corrected price point.
Which projects are currently among the top listings by price in Shalimar Garden Extension I?
As of June 2026, projects such as Mahalaxmi Apartments Ghaziabad and Pamposh Appartments are leading the listings with an average rate of ₹4,150 per sq ft. Mahalaxmi Apartments has shown an appreciation of 4.51%, while Pamposh Appartments has appreciated by 2.45% over the same period. Other notable projects like Krishna Kunj Apartments Shalimar Garden and Karthik Plaza are currently listed at ₹3,150 per sq ft, reflecting a depreciation of 9.26%.
How should investors interpret the rental yield data in Shalimar Garden Extension I?
The rental yield of 3.59% in Shalimar Garden Extension I, recorded as of June 2026, serves as a key indicator for investors to measure the annual return on investment from rental income relative to the property's purchase price. While rental rates for apartments have seen a depreciation of 18.75% to reach ₹50 per sq ft in some specific segments, the yield remains a vital metric for assessing the long-term income-generating capacity of residential assets in this area.