Property Rates in Gurgaon

Gurgaon's property prices have shown some fluctuation over the past few quarters. From June 2025 to March 2026, the average city rate saw an increase from ₹13,450 per sq ft to ₹14,850 per sq ft. However, there was a dip from ₹15,100 per sq ft in December 2025 to ₹14,850 per sq ft in March 2026. This mixed trend suggests a dynamic market where prices are generally appreciating but with short-term corrections.

Property rates in Gurgaon vary significantly across its micromarkets as of March 2026. Golf Course Road has the highest average asking price at ₹21,350 per sq ft, though it has depreciated by 8.25% from the previous period. In contrast, Sohna offers the most affordable rates at ₹9,900 per sq ft, having depreciated by 7.3% recently. Other micromarkets like Southern Peripheral Road (₹15,600 per sq ft, up 0.06%) and Dwarka Expressway (₹14,000 per sq ft, up 2.28%) show different price points and recent trends.

As of March 2026, Gurgaon's property market shows diverse pricing across property types. Apartments are priced at an average of ₹14,850 per sq ft, experiencing a 1.63% depreciation. Villas are priced higher at ₹24,450 per sq ft, with a recent depreciation of 2.47%. Commercial properties like office spaces are averaging ₹15,150 per sq ft, showing a strong appreciation of 11.83%, while shops command the highest rates at ₹33,850 per sq ft, appreciating by 7.96%.

In Gurgaon, property prices vary by construction status as of March 2026. Ready To Move properties are priced at ₹13,600 per sq ft, appreciating by 0.97%. Under Construction properties are slightly higher at ₹14,800 per sq ft, with a marginal appreciation of 0.16%. Properties in the 'Well Occupied' stage are priced at ₹15,350 per sq ft, showing a 1.82% increase. New Launch properties are priced at ₹14,950 per sq ft, having seen a 1.15% depreciation.

As of March 2026, projects on Golf Course Road dominate the list for highest listing rates in Gurgaon. DLF The Magnolias leads with a rate of ₹71,150 per sq ft, appreciating by 1.59%. Other premium projects include RWA Residential Society Sector 46 at ₹61,250 per sq ft (stable rates) and DLF The Crest at ₹53,150 per sq ft, which has depreciated by 3.28%. These high rates reflect the premium nature and exclusive locations of these developments.

The average rental rate in Gurgaon is ₹31 per sq ft as of March 2026, showing stable rates with no change percentage. The city offers a rental yield of 2.51%. A rental yield of 2.51% suggests that investors can expect an annual return of 2.51% on their property investment through rental income, relative to the property's capital value. This figure is crucial for investors assessing the income-generating potential of their real estate assets.

In Gurgaon, rental rates vary by the number of bedrooms (BHK) as of March 2026. Studio apartments average ₹21,100 per month, while 1 BHK units are around ₹28,500 per month. For larger families, 2 BHK apartments rent for approximately ₹34,700 per month, and 3 BHK units command ₹54,700 per month. The rates increase substantially for larger configurations, with 4 BHKs at ₹80,300 per month and 5 BHKs reaching ₹1.55 Lakh per month, indicating demand for spacious living.

Rental rates are consistent across most micromarkets in Gurgaon, averaging ₹50 per sq ft as of March 2026, though with varied change percentages. Central Gurgaon, Golf Course Extension, Golf Course Road, and New Gurgaon all show an average of ₹50 per sq ft with positive or stable change percentages (3.33%, 5.56%, 4.44%, and 0% respectively). However, Manesar has seen a significant depreciation of 52.81% in rental rates, while Dwarka Expressway and Sohna Road have also experienced slight decreases (-3.57% and -3.12% respectively).

As of March 2026, rental rates in Gurgaon differ by property type. Showrooms and shops command the highest average rental rates at ₹100 per sq ft, though shops have depreciated by 11.65%. Villas and apartments are both averaging ₹50 per sq ft, with villas showing a 3.23% depreciation and apartments remaining stable. Office spaces also average ₹50 per sq ft, with a slight depreciation of 1.59%. Plots are also available for rent at ₹50 per sq ft with stable rates.

As of March 2026, several projects in Gurgaon offer premium rental rates. DLF The Crest in Golf Course Road (Sector 54) has a current rental rate of ₹85 per sq ft, though it has seen a 1.16% depreciation. Suncity Heights and Krisumi Waterfall Residences (Dwarka Expressway, Sector 36A) are also listed with high rates of ₹77 per sq ft and ₹76 per sq ft respectively. These projects, often in prime locations, attract tenants willing to pay a premium for luxury and amenities.

The average asking price for residential apartments in Gurgaon is ₹14,850 per sq ft as of March 2026, while the Government Registration Rate is significantly lower at ₹2,200 per sq ft. This substantial difference indicates a considerable gap between the market's perceived value and the officially assessed value for registration purposes. Buyers should be aware of this disparity when budgeting for property transactions.

The recent property price trends in Gurgaon, as of March 2026, suggest a cautiously optimistic market. While there was a slight overall depreciation of 1.63% in the average asking price, specific micromarkets like Dwarka Expressway (up 2.28%) and Manesar (up 7.17%) have shown appreciation. The mixed trend indicates potential opportunities for both buyers looking for value and investors seeking areas with upward momentum, though careful analysis of individual micromarket dynamics is advised.