Is now a good time to buy a property in Delhi?
Official NHB RESIDEX data puts the average carpet-area price in Delhi at ₹9,584/sq ft for the quarter ending Jun 2026, up 0.0% from a year earlier. Over five years prices have compounded at +7.1% a year. Annual growth is running 2.7 points below the city's long-run pace of +2.7%.
Delhi price trend & forecast
Price by home size — Jun 2026
| Up to 646 sq ft (≤60 m²) | ₹7,964/sq ft |
| 646 – 1,184 sq ft | ₹11,090/sq ft |
| Above 1,184 sq ft (>110 m²) | ₹17,529/sq ft |
Localities in Delhi
Select any of these on the heat map. NHB RESIDEX publishes city-level prices only, so localities follow the official Delhi index.
Frequently asked questions
Is now a good time to buy a property in Delhi?
As of Jun 2026, our buy-timing signal for Delhi is ACCUMULATE — prices are near fair value with a modest expected change (+1.3% over 12 months). Buy opportunistically and negotiate on price. Buy-timing score: 57/100.
Will property prices in Delhi go down in 2027?
The model projects +1.3% over the next 12 months: about ₹9,708/sq ft by Jun 2027, with an 80% range of ₹9,299/sq ft–₹10,135/sq ft (today ₹9,584/sq ft). Forecasts are statistical and can be wrong — rates, supply and local events matter.
What is the property price per sq ft in Delhi?
For the quarter ending Jun 2026, NHB RESIDEX reports ₹9,584/sq ft on average (carpet area): ₹7,964/sq ft for homes up to 646 sq ft, ₹11,090/sq ft for 646–1,184 sq ft and ₹17,529/sq ft above 1,184 sq ft.
Does this cover localities like Dwarka, Rohini and Vasant Kunj?
Yes — Dwarka, Rohini, Vasant Kunj, Saket, Greater Kailash, Mayur Vihar, Janakpuri and Pitampura can be selected on the interactive map. NHB RESIDEX publishes prices at city level only, so these localities use the official Delhi index; their own premium or discount to the city average is not reflected.
Source & method
Data: NHB RESIDEX — HPI@Assessment Prices & carpet-area prices (National Housing Bank), quarterly, latest Jun 2026. Page regenerated 2026-10-09 10:32 IST. Signals combine valuation vs the long-run trend, momentum and a damped-trend forecast with seasonal adjustment; the “best price window” is the lowest point of the projected path. BUY = prices projected to rise and not stretched; ACCUMULATE = near fair value; WAIT = a dip is projected; HOT = running well ahead of trend; CAUTION = stretched with fading momentum.