Ghaziabad
Shalimar Garden Extension I maintains a stable residential profile, with current asking prices for apartments settling at ₹3,500 per sq ft. The market has seen a distinct shift in recent periods, as ready-to-move inventory continues to attract buyers looking for immediate possession at an average price of ₹3,750 per sq ft. Rental activity provides a consistent secondary income stream for owners, with a yield of 3.09% across various unit configurations. Future investment decisions should account for the current price adjustments while focusing on the steady demand for established, functional residential spaces.
As of September 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 compared to the previous period, indicating a period of price consolidation in the local residential market.
Property rates in Shalimar Garden Extension I have shown a mixed trajectory leading up to September 2026. While the current average asking price stands at ₹3,500 per sq ft, market data from June 2026 recorded a similar level, following a period where transaction-based insights were less active. Investors should note that the market is currently characterized by a steady price point, reflecting the balance between current supply and buyer demand.
Property rates in Shalimar Garden Extension I, currently at ₹3,500 per sq ft, are generally more accessible compared to several surrounding areas. For instance, Mohan Nagar commands a significantly higher average of ₹9,450 per sq ft, which depreciated by 0.19% from the previous period. Similarly, Chander Nagar is priced at ₹8,500 per sq ft, having appreciated by 16.76%, and Rajendra Nagar sits at ₹5,850 per sq ft, which appreciated by 4.83%.
As of September 2026, Ready To Move properties in Shalimar Garden Extension I are priced at an average of ₹3,750 per sq ft. This segment has shown strong growth, having appreciated by 12.44% compared to the previous period. This premium for ready-to-occupy units suggests a preference among buyers for immediate possession and lower project execution risk in the current market.
Rental rates in Shalimar Garden Extension I vary by unit size to accommodate different tenant needs. As of September 2026, a 1 BHK apartment typically rents for ₹6,250 per month, a 2 BHK apartment averages ₹11,050 per month, and a 3 BHK apartment commands approximately ₹18,050 per month. These figures provide a clear benchmark for tenants and landlords looking to understand the monthly income potential for various apartment sizes.
The rental yield in Shalimar Garden Extension I is currently 3.09% as of September 2026. For investors, this yield represents the annual rental income generated relative to the property's capital value, serving as a key metric to evaluate the efficiency of a real estate asset. While the average rental rate for apartments has depreciated by 30.77% to ₹9 per sq ft, the yield remains a vital indicator for those balancing long-term capital appreciation with recurring rental returns.
As of September 2026, both apartments and shops in Shalimar Garden Extension I command an average rental rate of ₹50 per sq ft. While the rental rate for shops has remained stable with a 0% change, the rental rate for apartments has experienced a depreciation of 30.77% compared to the previous period. This shift highlights the importance of monitoring property-type specific trends when assessing the income-generating potential of real estate in this locality.
Several projects in Shalimar Garden Extension I feature prominently in current listings as of September 2026. Projects such as Munesh Palace and Pamposh Appartments are listed at ₹4,000 per sq ft, though both have seen price adjustments, with depreciation of 3.16% and 8.39% respectively. Other notable projects like Banke Bihari Kunj, Shreeji Apartments Ghaziabad, and Mannat Homes are currently listed at ₹3,750 per sq ft, having appreciated by 18.17% compared to the previous period.
Buyers should use the property rates data for Shalimar Garden Extension I as a baseline to gauge market value and identify trends. By comparing the current average asking price of ₹3,500 per sq ft with the performance of specific projects and the status of Ready To Move units, buyers can make informed decisions. It is essential to look at the appreciation or depreciation percentages provided for each segment to understand whether the market is currently favoring sellers or offering opportunities for value-conscious buyers.
