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Q.

What is Property Price Trend in Delhi NCR?

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1 Answers

8 months

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0 2024-03-29T16:43:20+00:00

The property price trend in Delhi NCR seems to be surging YoY (year over year). Being a resident, I have witnessed housing prices increase by 7% YoY during quarter 3 of 2023 in several regions as per demand. Property rates in Delhi for residential properties are also increasing and have surpassed the pre-pandemic COVID time. 

What are the Real Estate Trends Delhi?

I can share the Delhi real estate trends or prices for residential and commercial properties in a few places to give you some insight on this topic:

Residential Property Rates:

Place 

Average Price per Sq Ft

Alaknanda

Rs. 13,874

Bijwasan

Rs. 21,648

Dwarka

Rs. 11,323

Indraprastha

Rs. 8,081-12,631

Janakpuri

Rs. 12,217

Rohini

Rs. 12,412

Sector 23 Dwarka

Rs. 10,227

Vikaspuri

Rs. 9,517

I am not very aware of the property prices for

commercial properties

other than:

Dwarka

Rs. 17,127

Greater Kailash

Rs. 8,066

The real estate trends in Delhi NCR are likely to be surging in the future as well. This year, Delhi NCR is believed to become the powerhouse year for real estate development in this region.

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