Property Rates in Shastri Nagar, Delhi

Property prices in Shastri Nagar, Delhi, have shown a consistent upward trend over the past year. From ₹8,650 per sq ft in June 2025, prices increased to ₹9,550 per sq ft by December 2025, and further to ₹9,750 per sq ft as of March 2026. This quarter-over-quarter growth signals increasing demand and potentially a strong market for sellers.

In Shastri Nagar, Delhi, apartments are priced at an average of ₹9,750 per square foot as of March 2026, showing a 2.26% appreciation. Villas, on the other hand, command a higher average price of ₹35,900 per square foot, with a 1.03% appreciation. This indicates a significant price premium for villas compared to apartments in the locality.

The average rental rate in Shastri Nagar, Delhi, is ₹25 per square foot as of March 2026, with no change reported in the latest period. The calculated rental yield for the locality is 3.08%. This yield indicates the annual return an investor can expect from rental income relative to the property's capital value, suggesting a moderate income-generating potential for rental properties.

In Shastri Nagar, Delhi, a 2 BHK apartment typically rents for ₹11,300 per month as of March 2026. For larger families or those seeking more space, a 3 BHK apartment commands a higher average rent of ₹20,000 per month. These figures provide a clear picture of the rental market for different unit sizes in the area.

Rental rates vary significantly across micromarkets near Shastri Nagar, Delhi. While Shastri Nagar's average is ₹25 per sq ft, surrounding areas like Bapa Nagar, Dev Nagar, Baljit Nagar, and East Patel Nagar are listed at ₹50 per sq ft, with no change reported. Karol Bagh shows a notable 12.24% appreciation to ₹50 per sq ft, while West Patel Nagar and Patel Nagar have seen rental depreciations of 10% and 2.7% respectively, also averaging ₹50 per sq ft.

Shastri Nagar's average asking price of ₹9,750 per square foot as of March 2026 is considerably lower than some neighboring areas. For instance, Karol Bagh has an average rate of ₹29,250 per square foot, appreciating by 6.17%, and Kirti Nagar is priced at ₹22,750 per square foot, showing a substantial 24.87% increase. In contrast, Patel Nagar is priced at ₹14,450 per square foot but has seen a depreciation of 7.24%.

With a listing count of 10 residential apartments in Shastri Nagar, Delhi, as of March 2026, the market appears to have a limited supply. This relatively low inventory, coupled with a 2.26% appreciation in asking prices, could suggest a competitive environment for buyers, potentially leading to quicker sales for well-priced properties.

As of March 2026, Shastri Nagar, Delhi, shows a consistent appreciation in asking prices, rising by 2.26% to ₹9,750 per square foot. The rental yield stands at 3.08%. While the appreciation suggests a healthy market for capital growth, appealing to investors, the moderate rental yield might be more attractive to end-users seeking a stable residential area with moderate rental income potential.