Dehradun
The Shimla Bypass Road real estate market in Dehradun is currently characterized by significant price appreciation across key residential segments. While villa prices have climbed by 6.58% to reach an average of ₹7,500 per sq ft, the apartment segment has seen even higher growth at 9.02%, with an average price of ₹4,600 per sq ft. This upward trajectory highlights the area's growing appeal as a residential hub for both end-users and long-term investors. Rental demand is equally notable, particularly for 2 BHK configurations which serve as a primary choice for tenants in the region.
As of March 2026, the average asking price on Shimla Bypass Road stands at ₹5,000 per sq ft. This reflects a consistent upward trajectory in the market, with prices rising from ₹4,750 per sq ft in September 2025 to ₹4,850 per sq ft in December 2025, and finally reaching ₹5,000 per sq ft by March 2026. This steady growth indicates sustained demand and investor confidence in the locality's development potential.
As of June 2026, villas on Shimla Bypass Road command an average price of ₹7,500 per sq ft, having appreciated by 6.58% compared to the previous period. Meanwhile, apartments are available at a more accessible average price of ₹4,600 per sq ft, which has seen a significant appreciation of 9.02% over the same timeframe. This price gap highlights the premium nature of independent villa living compared to the apartment segment in this area.
Property rates in the vicinity of Shimla Bypass Road show significant variation, with Dalanwala currently recording the highest average asking price at ₹7,900 per sq ft, despite a depreciation of 11.34% compared to the previous period. Harrawala and Rajpur Road follow closely, both at ₹7,550 per sq ft, though Rajpur Road has experienced a 7.22% depreciation. Conversely, Badowala remains a more affordable option at ₹5,000 per sq ft, showing a healthy appreciation of 2.59%.
The typical rental cost for a 2 BHK apartment on Shimla Bypass Road is ₹21,650 per month as of June 2026. This figure provides a clear benchmark for tenants looking for residential options in the area, reflecting the current market demand for mid-sized family housing units.
Rental rates across key neighbourhoods near Shimla Bypass Road are currently uniform, with Gms Road, Harrawala, and Dalanwala all commanding an average rental rate of ₹50 per sq ft as of June 2026. While Harrawala and Dalanwala have maintained stable rental rates with 0% change, Gms Road has seen a notable rental depreciation of 17.39% compared to the previous period, suggesting a potential softening in the rental demand within that specific micro-market.
