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Property Rates in Shastri Nagar, Delhi
Comprehensive Market Snapshot
Shastri Nagar, Delhi, presents an active real estate market with an average asking price of ₹9,754 per sq ft. The property market shows a positive trend, with prices increasing quarterly. Residential apartments are priced at ₹9,754 per sq ft, while villas are available at a higher average of ₹35,899 per sq ft. The rental market indicates a healthy rental yield of 3.08%, with average rents for 2 BHK apartments at ₹11,306 per month and 3 BHK apartments at ₹20,000 per month.
- Shastri Nagar's average asking price stands at ₹9,754 per sq ft.
- Apartments in Shastri Nagar are priced at ₹9,754 per sq ft, showing a 2.26% increase.
- Villas in the area command a higher average price of ₹35,899 per sq ft.
- The rental market offers a yield of 3.08%.
- 2 BHK apartments rent for an average of ₹11,306 per month.
- Asking Sale Price₹ 9,754 /sq.ft
- Average Rental₹ 25 /sq.ft
- Rental Yield3.08 %
Insights for Shastri Nagar, Delhi Real Estate Market
Shastri Nagar, Delhi, showcases a dynamic real estate landscape with a current average asking price of ₹9,754 per sq ft, reflecting a positive upward trajectory in property values over recent quarters. Notably, prices have climbed from ₹8,664 per sq ft in June 2025 to ₹9,754 per sq ft by March 2026. The market offers a diverse range of property types, with apartments averaging ₹9,754 per sq ft and villas priced significantly higher at ₹35,899 per sq ft. The rental market is robust, boasting a rental yield of 3.08%, with 2 BHK apartments fetching an average of ₹11,306 per month and 3 BHK apartments commanding ₹20,000 per month.
- The average asking price in Shastri Nagar has seen a steady increase, reaching ₹9,754 per sq ft by March 2026.
- Apartments in Shastri Nagar are priced at ₹9,754 per sq ft with a 2.26% quarterly change.
- Villas represent a premium segment, averaging ₹35,899 per sq ft.
- A rental yield of 3.08% indicates strong potential for rental income.
- Monthly rents for 3 BHK apartments average ₹20,000, while 2 BHKs are available for ₹11,306.
Property Valuation Comprehensive assessment of your property's current worth in the current market
Property Price Trends in Shastri Nagar, Delhi
The property market in Shastri Nagar, Delhi, has demonstrated a consistent upward trend in asking prices over the past year. From an average of ₹8,664 per sq ft in June 2025, prices have steadily climbed to reach ₹9,754 per sq ft by March 2026. This growth indicates increasing demand and value appreciation within the locality.
Shastri Nagar's real estate market offers diverse property types catering to different needs. Apartments are the most prevalent, with an average price of ₹9,754 per sq ft and a recent increase of 2.26%. Villas represent a more exclusive segment, commanding a higher average price of ₹35,899 per sq ft, also showing positive growth with a 1.03% increase.
Shastri Nagar's property rates show significant variation across its micro-markets. While Shastri Nagar itself averages ₹9,754 per sq ft, nearby areas present different price points. Inderlok commands a higher rate at ₹13,373 per sq ft, and Ashok Vihar is priced at ₹14,399 per sq ft. Conversely, Gulabi Bagh offers a more affordable option at ₹8,047 per sq ft. Karol Bagh stands out with the highest average rate at ₹29,233 per sq ft, significantly above the Shastri Nagar average.
Property Rental Trends in Shastri Nagar, Delhi
In Shastri Nagar, rental demand is evident across different BHK configurations. 2 BHK apartments are available for an average of ₹11,306 per month, while 3 BHK apartments command higher rents, averaging ₹20,000 per month. These figures reflect varying demand levels and space requirements within the residential rental market.
Within the broader area, rental rates vary significantly. Karol Bagh shows a substantial average rental rate of ₹55 per sq ft with a notable 12.24% year-on-year increase. Meanwhile, Patel Nagar averages ₹36 per sq ft, experiencing a slight dip of 2.7%, and East Patel Nagar is at ₹40 per sq ft. Lawrence Road offers rentals at ₹45 per sq ft.
