As of March 2026, the average asking price in South Extension, Delhi, stands at ₹29,505 per sq ft. This represents a depreciation of 4.83% from December 2025, when the average asking price was ₹31,001 per sq ft. This recent downward trend might indicate a market correction or increased inventory, suggesting potential negotiation opportunities for buyers.
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Property Rates in South Extension, Delhi
Comprehensive Market Snapshot
South Extension's property market currently shows an asking price of ₹29,505 per sq ft, with no registration rate indicated. The quarterly price trend for the location rate saw a dip from ₹31,581 in Sep 2025 to ₹22,818 in Jun 2025, before recovering. Apartments are priced at ₹29,505 per sq ft, while villas command ₹81,619 per sq ft. The rental market averages ₹67 per sq ft with a rental yield of 2.72%. Studio apartments rent for ₹27,688 per month, escalating to ₹3.42 Lakh per month for 5 BHK units.
- Asking Sale Price₹ 29,505 /sq.ft
- Average Rental₹ 67 /sq.ft
- Rental Yield2.72 %
Insights for South Extension, Delhi Real Estate Market
The South Extension property market presents a dynamic picture with an average asking price of ₹29,505 per sq ft. Quarterly trends indicate some volatility, with rates fluctuating between ₹22,818 in June 2025 and ₹31,581 in September 2025, before settling at ₹29,505 for March 2026. Apartments are priced at ₹29,505 per sq ft, showing a decrease of 4.83%, while villas are significantly higher at ₹81,619 per sq ft, with a positive 2% change. The rental segment is active, with an average rental rate of ₹67 per sq ft and a rental yield of 2.72%. Rental prices vary substantially by unit size, from ₹27,688 for a studio apartment to ₹3.42 Lakh for a 5 BHK, indicating strong demand across different living needs. Within the broader Delhi region, South Extension II is priced at ₹27,554 per sq ft, experiencing a slight dip of 1.25%, while nearby Defence Colony is considerably higher at ₹42,505 per sq ft with a modest 0.6% increase.
Property Price Trends in South Extension, Delhi
The real estate market in South Extension has shown some fluctuation in asking prices over recent quarters. After a notable dip in June 2025 to ₹22,818 per sq ft, prices began to recover, reaching ₹31,581 in September 2025 for the location rate. Looking ahead, projections suggest a rate of ₹29,505 per sq ft by March 2026.
South Extension's property market offers diverse options, with apartments averaging ₹29,505 per sq ft, though this segment has seen a 4.83% decrease. Villas represent a much higher investment, priced at ₹81,619 per sq ft and showing a positive 2% growth.
Within the South Extension locale, South Extension II is priced at ₹27,554 per sq ft, reflecting a slight decrease of 1.25%. Nearby Defence Colony commands a premium, averaging ₹42,505 per sq ft with a modest 0.6% increase. In contrast, areas like Mayur Vihar 1 are priced significantly lower at ₹13,633 per sq ft, indicating a substantial 3.17% decline.
Property Rental Trends in South Extension, Delhi
In South Extension, rental rates vary significantly by unit size, with studio apartments averaging ₹27,688 per month and 1 BHK units at ₹32,143 per month. Larger configurations command higher rents, as 2 BHK apartments are available for ₹62,659 per month, while 3 BHK, 4 BHK, and 5 BHK units are priced at ₹1.58 Lakh, ₹2.65 Lakh, and ₹3.42 Lakh per month respectively.
Within South Extension, South Extension II shows an average rental rate of ₹72 per sq ft, despite a 7.69% decrease, while South Extension I is at ₹65 per sq ft with a more significant 8.45% drop. Nearby Defence Colony offers higher rents at ₹88 per sq ft with no year-on-year change, and Jor Bagh stands out with a strong 18% increase to ₹118 per sq ft.
Apartments in South Extension are currently averaging ₹67 per sq ft, reflecting a 9.46% decrease in rental rates. This segment represents the primary focus for rental properties within the locality.
FAQs about Property Rates in South Extension, Delhi
Property rates in South Extension, Delhi, show significant variation across its micromarkets as of March 2026. Defence Colony has the highest average asking price at ₹42,505 per sq ft, appreciating by 0.6% from the previous period. In contrast, Mayur Vihar 1 offers a more affordable option with an average rate of ₹13,633 per sq ft, though it has seen a depreciation of 3.17%. South Extension II is priced at ₹27,554 per sq ft, with a slight depreciation of 1.25%.
In South Extension, Delhi, villas command a significantly higher average price compared to apartments. As of March 2026, villas are priced at ₹81,619 per sq ft, showing an appreciation of 2%. Apartments, on the other hand, are priced at ₹29,505 per sq ft, reflecting a depreciation of 4.83% over the same period. This price gap highlights the premium associated with villa properties in the area.
The average rental rate in South Extension, Delhi, is ₹67 per sq ft as of March 2026. The area offers a rental yield of 2.72%, indicating the potential return on investment for property owners through rental income relative to the property's capital value. This yield suggests that while capital appreciation is a factor, rental income contributes a moderate but steady return.
Rental rates in South Extension, Delhi, escalate with the number of bedrooms. As of March 2026, Studio apartments are available for an average of ₹27,688 per month. This increases to ₹32,143 for a 1 BHK, ₹62,659 for a 2 BHK, and ₹1.58 Lakh for a 3 BHK. Larger configurations like 4 BHK and 5 BHK command even higher rents, averaging ₹2.65 Lakh and ₹3.42 Lakh per month, respectively, catering to different tenant needs and budgets.
Rental rates in South Extension, Delhi, vary significantly by micromarket as of March 2026. Jor Bagh leads with the highest average rental rate at ₹118 per sq ft, showing a substantial appreciation of 18%. Defence Colony follows with ₹88 per sq ft, maintaining stable rates. In contrast, Kotla Mubarakpur has the lowest average rental rate at ₹38 per sq ft, experiencing a significant depreciation of 25.49%, indicating a more budget-friendly rental segment.
As of March 2026, the average rental rate for apartments in South Extension, Delhi, is ₹67 per sq ft. This figure represents a depreciation of 9.46% compared to the previous period. This downward trend in apartment rental rates might suggest increased supply or softened demand in the apartment segment within this locality.
The property asking price trend in South Extension, Delhi, has shown a general decrease over the past few quarters. From a high of ₹31,581 per sq ft in September 2025, the location rate saw a dip to ₹31,001 in December 2025, and further decreased to ₹29,505 per sq ft by March 2026. This trajectory indicates a softening market, which could be advantageous for buyers seeking better value.
As of March 2026, the average asking price in South Extension, Delhi, is ₹29,505 per sq ft. The provided data indicates that the Government Registration Rate is ₹0 per sq ft. This discrepancy suggests that the listed asking prices reflect market demand and developer pricing strategies, while the government registration rate, if zero, might be a placeholder or not directly comparable in this dataset for this period.
Among the micromarkets near South Extension, Delhi, Jor Bagh exhibits the highest property rates, averaging ₹60,162 per sq ft, with no reported change. Defence Colony is also a premium market at ₹42,505 per sq ft, showing a slight appreciation of 0.6%. On the lower end, Gautam Nagar has the most affordable rates at ₹10,495 per sq ft, with prices remaining stable, indicating a significant price difference across these adjacent areas.