Ghaziabad
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.
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.
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.
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.
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.
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.
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.
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.
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.
