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Home Blog Property Buyers Guide Property Rates in Delhi

Latest Property Rates in Delhi: Land Prices, Flat/Apartment Costs, and Rental Prices in 2025

Published : January 30, 2025, 4:18 PM

Updated : January 30, 2025, 4:18 PM

Author : author_image pooja

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Delhi, or NCT of Delhi, is an Indian city and union territory that includes New Delhi, the country's capital. The NCT is 1,484 square kilometres in size (573 sq. mi). Delhi's metropolitan area, which includes the commuter towns of Ghaziabad, Faridabad, Gurgaon, and Noida in the National Capital Region (NCR), has more than 28 million people, making it India's and the world's second-largest metropolitan region. The increased demand for property rent in Delhi is due to this. According to the 2011 census, the population of Delhi's city proper was over 11 million, while the population of the NCT was above 16.8 million. As the economic and political capital of the country, Delhi attracts the attention of a variety of media outlets. As the economic and political capital of the country, Delhi attracts the attention of a variety of media outlets and such employment opportunities attract a lot of migrants, thereby boosting the property rates in Delhi.

Delhi is India's wealthiest metropolis (behind Mumbai), with 18 billionaires and 23,000 millionaires. Delhi is ranked sixth among Indian states and union territories in terms of human development. Delhi has India's second-highest GDP per capita (after Goa). Despite being a union territory, the NCT of Delhi's political system today is more akin to that of an Indian state, with its legislature, high court, and the executive council of ministers led by a Chief Minister. The government of India and the local administration of Delhi jointly administer New Delhi, which acts as both the nation's capital and the National Capital Territory of Delhi. All these facts contribute to the property rates in Delhi.

What are the latest Property rates in Delhi in 2025?

Patel Nagar, West Patel Nagar, and IP Extension are only a few of Delhi's most popular residential regions. There are many new launch projects in Delhi and a large number of inexpensive flats. While land prices in Delhi are rising, you may also buy plots and properties here.

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Where should you look for a rented house in Delhi if you're looking for one? Take note of the following:

  • Popular Residential Areas: Patel Nagar, West Patel Nagar, IP Extension.
  • 3 BHK Flats: Reasonably priced in the long run.
  • Rental Properties: Flats under Rs 20,000/month are common for 1RK, 1BHK, or 2BHK.
  • High-Demand Rental Areas: Rohini, New Ashok Nagar, Dwarka sectors, Najafgarh, Shakarpur Khas, Munirka, and Pandav Nagar.
  • 1RK Flats: Popular in East of Kailash, Mayur Vihar I, Saket, Malviya Nagar, and Greater Kailash I.
  • Rising Areas for Rent: Ashok Nagar and Karampura are in proximity to job areas in Rajouri Garden and Paschim Vihar.
  • Rental Cost Range:
    • Rs 3,500 to Rs 60,000 per month.
    • Prices vary based on construction quality, developer, and property type.
  • Fully Furnished Rental Flats:
    • Approx. 6,000 properties in Delhi.
    • Rent ranges from Rs 10,000 to Rs 10 lakh/month.
    • Prominent areas: Golf Links, Defence Colony, Jor Bagh, and Vasant Vihar.
    • Affordable furnished flats: Patel Nagar and Vasundhara Enclave.
  • Luxury Rental Properties:
    • Locations like Shanti Niketan, Greater Kailash, Gulmohar Park, Vasant Vihar, Defence Colony, and Civil Lines.
    • Rent for villas and independent homes can exceed Rs 1 lakh per month.
  • Rental Yield: 3.39% on average for rental properties in Delhi.

Which are the best places to rent in Delhi with the most supply?

Given the presence of several higher educational institutions, such as the famed Delhi University, and career prospects, migration into the city is expected to increase. 

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  • Patel Nagar, West Patel Nagar, and IP Extension are popular neighbourhoods in central Delhi.
  • Mayur Vihar I, New Ashok Nagar, and Laxmi Nagar (near the metro) have the most rental properties in East Delhi.
  • Malviya Nagar, Greater Kailash I, and Defence Colony in South Delhi all have 1BHK, 2BHK, 3BHK, and even larger configurations available for rent.
  • If you seek affordable flats and independent homes to rent in West Delhi, Rohini, Paschim Vihar, and Uttam Nagar are good options.

What is the flat rate or apartment cost in Delhi in 2025?

Delhi apartment costs vary widely depending on location, amenities, and size. Central areas like Vasant Kunj or Greater Kailash demand higher rates, while outer districts may offer more affordable options. 

Here is a tabulation of property rates in Delhi’s top 15 localities for 2024 and 2025 and the growth rate in the cost. The price is given as a per square feet rate in Delhi for the flat rate in Delhi.

Locality NameBuy Rates/Price Range (Rs. per sq. ft.)
20252024Y/Y growth rate
Vasant Kunj18,80015,39022.22%
Dwarka Mor9,9308,85012.2%
Mayur Vihar - I12,90010,89218.4%
Uttam Nagar4,8506,200-21.77%
Mohan Garden3,650-5,8508,000-26.91%
Saket17,0006,6616%
Moti Nagar19,05010,85075.5%
Greater Kailash I19,95025,328-21%
Kakrola6,7344,15020.5%
Rajouri Garden16,17015,3405.04%
Defence Colony36,96832,0005.33%
New Friends Colony29,63719,5796.7%
Sector-7 Rohini15,44013,43314.95%
Patel Nagar3,550-11,10017,001-56.93%
Punjabi Bagh14,950-21,2503,888-19,7833.9%

What are the plot/land rates in Delhi in 2025?

Delhi, the capital of India, has a dynamic real estate market with fluctuating land rates influenced by various factors such as location, infrastructure development, and government policies. Prime areas like Central Delhi, South Delhi, and parts of Dwarka and Noida Extension have seen significant price increases. The growth of commercial hubs, metro connectivity, and urban expansion continues to drive demand, making land investments lucrative and competitive.

Locality NameBuy Rates/Price Range (Rs. per sq. yd.)
20252024Y/Y growth rate
Dwarka Mor₹31,365 to ₹37,485₹34,038 to ₹45,135-5 to 10%
Mayur Vihar - I₹94,385 to ₹117,600₹108,000 and ₹121,000-2.81 to 12.61% 
Uttam Nagar₹52,200₹40,05030.3%
Mohan Garden₹30,978 to ₹35,955₹30,978 to ₹35,955Constant
Saket₹500,850 to ₹614,700₹432,000 to ₹540,00014.8%
Greater Kailash I₹1,30,055 to ₹1,58,742₹1,30,055 to ₹1,58,742Constant
Kakrola₹4,593₹41,337 313.37%
Rajouri Garden₹3,04,470 to ₹3,41,190₹2,50,00021.8%
Defence Colony₹171,738 to ₹247,095₹159,138 to ₹212,0007.93% to 16.47%
Patel Nagar₹14,800 to ₹52,200 ₹56,232 to ₹66,942-22.2 to 73.7%

House Rates in Delhi (Independent)

The real estate market in Delhi has experienced significant growth in recent years. In 2024, housing prices in Delhi-NCR surged by approximately 30%, the highest among the top seven cities in India. As of January 2025, the average prices for independent houses in Delhi are:

  • 1BHK: ₹52 lakhs
  • 2BHK: ₹93 lakhs
  • 3BHK: ₹4.3 crores
  • 4BHK: ₹5.8 crores

Here is a tabulation of real estate prices in Delhi for the top 15 localities for 2024 and 2025 and the growth rate in the cost. The property prices in Delhi are based on the current rate of square feet.

Locality NameBuy Rates/Price Range (Rs. per sq. ft.)
20252024Y/Y growth rate
Vasant Kunj18,80015,39022.22%
Dwarka Mor9,9308,85012.2%
Mayur Vihar - I12,90010,89218.4%
Uttam Nagar4,8506,200-21.77%
Mohan Garden3,650-5,8508,000-26.91%
Saket17,0006,6616%
Moti Nagar19,05010,85075.5%
Greater Kailash I19,95025,328-21%
Kakrola6,7344,15020.5%
Rajouri Garden16,17015,3405.04%
Defence Colony36,96832,0005.33%
New Friends Colony29,63719,5796.7%
Sector-7 Rohini15,44013,43314.95%
Patel Nagar3,550-11,10017,001-56.93%
Punjabi Bagh14,950-21,2503,888-19,7833.9%

What are the property rent rates in top areas of Delhi in 2025?

Delhi, the bustling capital city of India, has a diverse and dynamic property rental market. The rental landscape is competitive with its booming economy, vibrant culture, and high demand for both residential and commercial spaces. Property rents in Delhi vary based on location, type of property, and amenities. Prime locations like Connaught Place, Greater Kailash, and Saket command higher rents due to their proximity to business hubs, shopping centres, and other essential services.

What is the 2 BHK rent in top localities of Delhi in 2025?

A 2 BHK (2 Bedrooms, Hall, Kitchen) is one of Delhi's most popular configurations for families, young professionals, and couples. Rent for a 2 BHK apartment varies significantly depending on the area. Factors like proximity to metro stations, market areas, schools, and parks also influence rental prices.

Locality Names20252024Y/Y growth rate
Vasant Kunj₹28,350–₹57,300₹22,50026 to 154%
Mayur Vihar - I₹25,000₹25,000Constant
Uttam Nagar₹8,000 to ₹18,000₹8,000 to ₹18,000Constant
Greater Kailash I₹57,000₹60,0005 to 7%
Rajouri Garden₹13,000₹25,000 to ₹38,0007.94%
Defence Colony₹64,000 to ₹1.4 lakh₹60,000 to ₹64,0006.67%
New Friends Colony₹70,000₹60,00016.7%
Sector-7 Rohini₹7,360 to ₹24,799₹16,00055%
Patel Nagar₹40,000₹25,00020% to 30%
Punjabi Bagh₹25,000₹20,00025%

What is the 3 BHK rent in top localities of Delhi in 2025?

The 3 BHK apartment is ideal for larger families or shared accommodations among groups of professionals. These properties typically offer more space and are available in upscale and more affordable areas. With 2 BHK apartments, location and amenities such as gated communities, security, and maintenance services play a key role in determining rent.

Locality Names20252024Y/Y growth rate
Vasant Kunj₹34,100–₹75,000₹36,000108%
Mayur Vihar - I₹62,000₹30,000106.7%
Uttam Nagar₹6,250 to ₹6,670₹6,250 to ₹6,670Constant
Moti Nagar₹40,000₹35,00014%
Greater Kailash I₹75,000 to ₹1.8 lakh₹71,400 to ₹1.71  lakh5 to 7%
Rajouri Garden₹38,000 to ₹55,000₹40,000 to ₹50,0005.56%
Defence Colony₹1.1 lakh₹1.1 lakhConstant
New Friends Colony₹90,000₹80,00012.5%
Patel Nagar₹60,000₹35,00020% to 30%
Punjabi Bagh₹35,000₹30,00016.7%

What is the 1 BHK rent in top localities of Delhi in 2025?

1 BHK (1 Bedroom, Hall, Kitchen) apartments are highly sought after by single professionals, students, or small families looking for affordable living options. Smaller, less expensive neighbourhoods like Uttam Nagar or Janakpuri may have rents in the lower range, making them attractive for those on a tight budget.

Locality Names20252024Y/Y growth rate
Vasant Kunj₹35,000₹18,00094%
Mayur Vihar - I₹23,000₹8,000187.5%
Uttam Nagar₹9,000 ₹9,000 Constant
Moti Nagar₹25,000 ₹20,000 25%
Greater Kailash I₹20,000 to ₹91,750₹19,000 to ₹87,3805 to 7%
Kakrola₹9,750 - ₹25,700₹13,175 - ₹25,500-26.0% to +0.8%
Rajouri Garden₹10,250 to ₹20,000₹9,000 to ₹18,00012.04%
Defence Colony₹14,000₹12,00016.67%
New Friends Colony₹45,000₹40,00012.5%
Sector-7 Rohini₹7,500 to ₹16,000₹12,50025%
Patel Nagar₹25,000₹15,00020% to 30%
Punjabi Bagh₹25,000₹22,00013.6%

What is the 1 RK rent in top localities of Delhi in 2025?

1 RK (1 Room Kitchen) apartments are typically the smallest rental properties available, often ideal for students, bachelors, or individuals looking for affordable housing in Delhi. These spaces generally consist of a single room that serves as the bedroom and living area, with a small kitchen and bathroom.

Locality Names20252024Y/Y growth rate
Vasant Kunj18,00010,000 80%
Mayur Vihar - I₹12,000₹5,000140%
Uttam Nagar₹6,000 to ₹10,000₹6,000 to ₹10,000Constant
Moti Nagar₹25,000₹16,00056.25%
Greater Kailash I₹20,000 to ₹27,000₹19,000 to ₹25,7005 to 7%
Kakrola₹4,500₹7,000-35.7%
Rajouri Garden₹15,000 to ₹25,000 ₹12,000 to ₹22,000 17.65%
Defence Colony₹3,500₹3,500Constant
New Friends Colony₹28,000₹21,00033%
Sector-7 Rohini₹7,500₹7,500Constant
Patel Nagar₹18,000₹12,00020% to 30%
Punjabi Bagh₹9,000₹8,00012.5%

What is the Delhi land price per gaj in 2025?

The land price range in Delhi differs depending on the area, features, and prevalent real estate trends in that particular market. As of January 2025, major business hubs such as Connaught Place and the Southern parts have higher rates as compared to areas on the periphery, which are relatively cheaper. It is important to check the latest reports and consult local realtors to get the right 1 gaj land price in Delhi.

AreaApproximate Price per Gaj (₹)
Connaught Place5,00,000 – 7,00,000
South Delhi3,00,000 – 5,00,000
East Delhi1,50,000 – 2,50,000
West Delhi1,00,000 – 2,00,000
North Delhi1,20,000 – 2,20,000
Peripheral Regions50,000 – 1,00,000

Delhi Plot Rate per Square Feet in 2025

Factors like distance to commercial areas, development of key infrastructures, and the appeal of a neighbourhood dictate the plot rates in Delhi’s boundaries. As a marker in 2025, an area under rapid growth or adjacent to a metro station line will be developed at a higher value. These suggestions are important, and check with the present property rate in Delhi before final decision-making when buying a business.

AreaApproximate Plot Rate per Sq Ft (₹)
Connaught Place45,000 – 65,000
South Delhi30,000 – 50,000
East Delhi15,000 – 25,000
West Delhi10,000 – 20,000
North Delhi12,000 – 22,000
Peripheral Regions5,000 – 10,000

Property Rates History of Last Years in Delhi

Over the past decade, Delhi's real estate market has experienced significant fluctuations, with property rates varying across different localities. Here's an updated overview of property rates per square foot in Delhi, focusing on 2023 and 2024 along with the top five locations for each year.

Property Rates in Delhi per Square Foot in 2024:

In 2024, the Delhi-NCR region saw a substantial increase in housing prices, with an average residential price of approximately ₹7,550 per square foot, marking a 30% rise from the previous year. 

  • Defence Colony: ₹32,000 
  • New Friends Colony: ₹19,579 
  • Greater Kailash I: ₹25,328 
  • Moti Nagar: ₹10,850 
  • Vasant Kunj: ₹15,390

Property Rates in Delhi per Square Foot in 2023:

In 2023, the average residential price in Delhi-NCR was approximately ₹5,800 per square foot. 

  • Defence Colony: ₹32,000 
  • New Friends Colony: ₹19,579 
  • Greater Kailash I: ₹25,328
  • Moti Nagar: ₹10,850 
  • Vasant Kunj: ₹15,390

Property Rate Growth Over the Last 10 Years:

Over the past decade, Delhi's real estate market has experienced significant growth, with property rates increasing by approximately 30% year-on-year in 2024. 

This growth has been driven by improved infrastructure, increased connectivity, and rising demand for suburban living.

Property rates can vary based on specific locations within these localities and are subject to change due to market dynamics. It's advisable to consult local real estate experts or property listings for the most current information.

Factors Affecting Property Rates in Delhi

As one of the largest metropolitan cities in India, land rates in Delhi property market are diverse, with different areas throughout the city having their market price for land, structures, and pointers that contribute to the property’s worth. Such factors include the property’s location, demand and supply, infrastructure, and even the policy set by the government. 

Key Factors:

  1. Location and Demand: Proximity to business hubs and premium areas significantly impacts Delhi property rates per gaj.
  2. Infrastructure Development: Improved connectivity, metro lines, and road projects elevate the land rate in Delhi.
  3. Government Policies: Adjustments in the circle rate in Delhi directly affect the 1 gaj price in Delhi and property taxes.
  4. Market Trends: Fluctuations in real estate demand influence the Delhi plot rate and cost of flats in Delhi.
  5. Neighbourhood Amenities: The availability of schools, healthcare, and shopping zones increases the house rate in Delhi and flat prices in Delhi NCR.

Find your Dream Home with NoBroker!

As per the current real estate trends in Delhi, property rates in Delhi have grown in some areas, while there is a significant decline in many areas due to the pandemic. Although the property market has reached a point of saturation, locals, non-locals, and expats alike are eager to rent properties in Delhi. If you need professional help to find any kind of property, you will certainly find help at Nobroker. Please leave a comment below this article so that our executive can get in touch with you.

Frequently Asked Questions About Property Rates in Delhi 

Q1. What is the average rate of a 3 BHK apartment in South Delhi?

Ans. The average rate of a 3 BHK property in South Delhi is between Rs. 98 lakhs to Rs. 1.5 crores. 

Q2. Which is the most expensive real estate in Delhi?

Ans. Haus Khas, Greater Kailash, Panchsheel Park are the most expensive real estate areas in Delhi. 

Q3. Which are the best areas in Delhi for students to live?

Ans. Rajendra Nagar, Rajouri Garden, Sarita Vihar and localities around the North Campus of Delhi University are the best areas for students to live in. 

Q4. Is real estate investment in Delhi a good choice in 2025?

Ans. Yes, real estate investment in Delhi in 2025 is likely a good choice due to expected infrastructure growth, increasing demand, and the potential for steady appreciation in property values.

Q5. How can I find the circle rate in Delhi?

Ans. You can find the circle rate using the Delhi Online Registration Information System’s Circle Rate Calculator.

Q6. How much is the price for 1 gaj in Delhi?

Ans. 1 gaj is a unit of area measurement used in Northern India, equivalent to 9 square feet of land. The price per square foot of land varies from place to place in Delhi. In order to calculate the price for 1 gaj anywhere in India, all you need to do is multiply the price of 1 square foot of land in India by 0.11.

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