Delhi, India
Property prices · 2024 · Asia
Property price trend in Delhi (2024–2026)
Property comparison — cities in India (2024)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Delhi |
|---|---|---|---|---|
| Delhi | INR 150,000 | INR 98,000 | INR 38,000 | — |
| Mumbai | INR 185,000 | INR 95,000 | INR 35,000 | +23.3% |
| Bangalore | INR 95,000 | INR 58,000 | INR 22,000 | -36.7% |
| Chennai | INR 95,000 | INR 62,000 | INR 28,000 | -36.7% |
| Hyderabad | INR 90,000 | INR 58,000 | INR 28,000 | -40% |
| Pune | INR 85,000 | INR 55,000 | INR 25,000 | -43.3% |
| Kolkata | INR 70,000 | INR 45,000 | INR 20,000 | -53.3% |
| Ahmedabad | INR 55,000 | INR 36,000 | INR 16,000 | -63.3% |
Other Asia cities (2024)
Frequently asked questions
How much does property cost in Delhi in 2024?
In Delhi, the average price per sqm in the city centre is INR 150,000, and INR 98,000 outside the centre (2024 data). Prices have risen 11.5% since 2024.
How much is rent in Delhi in 2024?
A 1-bedroom apartment in Delhi rents for approximately INR 38,000 per month in 2024. A 3-bedroom apartment costs around INR 62,000/month.
Is it better to buy or rent in Delhi?
Buying and renting are roughly comparable in Delhi. The price-to-rent ratio is 20.0x — it would take approximately 20.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 8.50%.
What are mortgage rates in India in 2024?
The average mortgage rate in India is approximately 8.50% as of 2024. With a price-to-rent ratio of 20.0x, buyers should carefully weigh mortgage costs against rental savings.
What is the price per sqm in Delhi?
The average property price per square metre in Delhi city centre is INR 150,000 in 2024. Outside the centre, expect to pay around INR 98,000/sqm.