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Insights for Sector 102, Gurgaon Real Estate Market Overview

The real estate market in Sector 102 exhibits a nuanced landscape with property values currently averaging ₹12,700 per sq ft. Recent trends suggest a stabilization phase, as buyers evaluate options between ready-to-move apartments and new project launches. The rental market remains active with an average yield of 2.74%, driven by demand for varied configurations ranging from studio units to spacious 4 BHK homes. Developers are balancing inventory across different segments, ensuring that both end-users and investors find suitable entry points in this growing sector.

  • Residential apartment prices are currently averaging ₹12,800 per sq ft, showing a modest growth of 0.61%.
  • Ready-to-move inventory is priced at ₹13,450 per sq ft, accounting for a significant portion of the available units.
  • Rental demand is robust, with 4 BHK apartments commanding an average monthly rent of ₹65,400.
  • The area shows a competitive landscape compared to neighboring sectors like Sector 99, which has seen a price growth of 10.06%.
  • New launch projects are currently priced at a premium of ₹16,200 per sq ft.

Market Strengths
  • Strong rental ecosystem with 2 BHK and 3 BHK units providing consistent monthly income of ₹33,500 and ₹46,050 respectively.
  • Ready-to-move inventory availability ensures immediate occupancy and reduces project completion risk for buyers.
  • Proximity to high-growth areas like Sector 99, which recorded a 10.06% price increase, boosts the long-term potential of the region.
  • Diverse property mix includes villas, apartments, and commercial shops, allowing for portfolio diversification.
  • Stable average rental rates across various unit types suggest a healthy and consistent demand from tenants.
Market Challenges
  • Overall sector price change of -3.36% indicates a period of correction that may impact short-term capital gains.
  • Under-construction projects have seen a price decline of -7.46%, reflecting slower demand for non-ready assets.
  • Shop property types have experienced a significant price adjustment of -8.2%, highlighting volatility in the commercial segment.
  • Sector 103 has faced a sharp price correction of -15.84%, necessitating careful due diligence for investors in that specific area.
Investment Opportunities
  • Rental yield of 2.74% provides a stable income stream for residential property owners.
  • Apartment segment shows positive growth of 0.61%, making it a reliable choice for steady capital appreciation.
  • Budget-conscious investors can target Sector 99a at ₹11,150 per sq ft, which is currently showing a strong 9.46% growth.
  • High demand for 4 BHK units suggests potential for premium rental returns at an average of ₹65,400 per month.
Top Localities in Sector 102, Gurgaon

Chikkadpally

Avg Price ₹ 6,700 /Sq.Ft.
LISTINGS 1

Sector 9A

Avg Price ₹ 7,450 /Sq.Ft.
Avg Rent ₹ 16 /Sq.Ft.
YIELD + 2.58
Price Trend

Sector 102, Gurgaon Property Price Trends and Appreciation

The market in Sector 102 has seen fluctuations over the past year, moving from ₹12,900 per sq ft in late 2025 to its current level of ₹12,700 per sq ft. During the same period, the broader micromarket reflected higher valuations, peaking at ₹14,000 per sq ft in early 2026 before stabilizing. These shifts highlight the ongoing price discovery process as the sector matures.
Asking Price Trends
₹ 12,700/Sq.Ft -3.36 % QoQ
Dec 2025 — Sep 2026
Quarter City Rate
Sep 2026 12800
Jun 2026 12700
Mar 2026 13150
Dec 2025 12900
About Asking Price Trends
Sector 102 Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/Sq.Ft) Change %
Sector 102 12,700 -3.4
Sector 102a 16,400 -0.5
Sector 99 12,000 10.1
Sector 104 14,000 -2.1
Sector 99a 11,150 9.5
Sector 103 12,000 -15.8
Sector 37c 8,300 -2.2
Sector 37d 11,250 -15.2
Sector 88b 12,700 -1
Sector 107 9,600 -0.4
Sector 102 stands at an average of ₹12,700 per sq ft, placing it in a competitive bracket compared to surrounding localities. Nearby, Sector 104 commands a higher price of ₹14,000 per sq ft, while Sector 99 offers more accessible entry points at ₹12,000 per sq ft. Sector 99a remains one of the more affordable options in the vicinity, currently averaging ₹11,150 per sq ft. Meanwhile, Sector 102a represents the premium end of this cluster, averaging ₹16,400 per sq ft.
Type Rate (₹/Sq.Ft) Change %
Shop 19,600 -8.2
Villa 13,800 -2.7
Apartment 12,800 0.6
Sector 102 caters to diverse buyer needs, with residential apartments leading the segment at an average of ₹12,800 per sq ft, reflecting a 0.61% growth. Villas are available at an average of ₹13,800 per sq ft, while shop spaces are priced at ₹19,600 per sq ft. This variety allows investors to choose between high-yield commercial assets and stable residential holdings.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 25 13,450 -3.3
Under Construction 2 14,000 -7.5
New Launch 3 16,200 -2.9
Rental Trends

Rental Trends and Average Rent in Sector 102, Gurgaon

Rental rates in Sector 102 are tiered to accommodate different family sizes and needs. Studio apartments average ₹11,200 per month, while 1 BHK units are priced at ₹15,800 per month. For larger households, 2 BHK and 3 BHK apartments command monthly rents of ₹33,500 and ₹46,050, with 4 BHK units reaching an average of ₹65,400. Rental rates for residential properties across the region consistently hover around ₹50 per sq ft in most neighboring sectors. Locations such as Sector 99, Sector 99a, and Sector 37c show stability, while Sector 104 has experienced a rental adjustment of -7.14%. Despite these variations, the consistent ₹50 per sq ft benchmark across many areas indicates a unified rental market. The rental market for various property types in Sector 102 remains uniform, with office spaces, villas, and apartments all averaging ₹50 per sq ft. This consistency across asset classes highlights a balanced rental demand throughout the sector.
Sector 102 Rent Comparison
  • By Unit Type
  • By Location
  • By Property Type
Unit Type Rate (₹)
Studio 11,200
1 Bhk 15,800
2 Bhk 33,500
3 Bhk 46,050
4 Bhk 65,400
Rental rates in Sector 102 are tiered to accommodate different family sizes and needs. Studio apartments average ₹11,200 per month, while 1 BHK units are priced at ₹15,800 per month. For larger households, 2 BHK and 3 BHK apartments command monthly rents of ₹33,500 and ₹46,050, with 4 BHK units reaching an average of ₹65,400.
Locality Rate (₹/Sq.Ft) Change %
Sector 99 50 4.8
Sector 9a 50 -
Sector 104 50 -7.1
Sector 99a 50 3.3
Sector 103 50 -
Sector 9 50 -5.9
Mohammad Heri Village 50 -
Sector 37c 50 -
Sector 37d 50 -7.7
Sector 88b 50 -
Rental rates for residential properties across the region consistently hover around ₹50 per sq ft in most neighboring sectors. Locations such as Sector 99, Sector 99a, and Sector 37c show stability, while Sector 104 has experienced a rental adjustment of -7.14%. Despite these variations, the consistent ₹50 per sq ft benchmark across many areas indicates a unified rental market.
Property Type Rate (₹/Sq.Ft) Change %
Office Space 50 -
Villa 50 -
Apartment 50 -
The rental market for various property types in Sector 102 remains uniform, with office spaces, villas, and apartments all averaging ₹50 per sq ft. This consistency across asset classes highlights a balanced rental demand throughout the sector.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 37,700 /Sq.Ft
Govt Registration Rate ₹ 18,300 /Sq.Ft
Avg. Asking Price ₹ 19,000 /Sq.Ft
Avg. Asking Price ₹ 15,100 /Sq.Ft
Avg. Asking Price ₹ 13,550 /Sq.Ft
Govt Registration Rate ₹ 8,750 /Sq.Ft
Avg. Asking Price ₹ 12,650 /Sq.Ft
Govt Registration Rate ₹ 9,100 /Sq.Ft
Avg. Asking Price ₹ 12,400 /Sq.Ft
Avg. Asking Price ₹ 9,400 /Sq.Ft
Govt Registration Rate ₹ 3,650 /Sq.Ft
Avg. Asking Price ₹ 9,200 /Sq.Ft
Avg. Asking Price ₹ 6,950 /Sq.Ft
Avg. Asking Price ₹ 6,600 /Sq.Ft
Govt Registration Rate ₹ 7,550 /Sq.Ft

Micromarket-Wise Property Price Trends Around Sector 102, Gurgaon

Avg. Asking Price ₹ 23,550 /Sq.Ft
Avg. Asking Price ₹ 19,300 /Sq.Ft
Avg. Asking Price ₹ 17,250 /Sq.Ft
Avg. Asking Price ₹ 17,250 /Sq.Ft
Avg. Asking Price ₹ 13,600 /Sq.Ft
Avg. Asking Price ₹ 12,200 /Sq.Ft
Avg. Asking Price ₹ 11,150 /Sq.Ft
Avg. Asking Price ₹ 11,150 /Sq.Ft

More insights about Sector 102, Gurgaon

FAQ

Frequently Asked Questions About Property Rates in Sector 102, Gurgaon

What is the current average asking price in Sector 102, Gurgaon?

As of Sep 2026, the average asking price in Sector 102 is ₹12,700 per sq ft. This rate has depreciated by 3.36% compared to the previous period, reflecting a recent market adjustment in the area. Understanding this figure is essential for buyers and investors to gauge the current entry point for residential properties in this locality.

How have property prices in Sector 102 changed over the last few quarters?

Property prices in Sector 102 have shown a fluctuating trend throughout 2026. Data indicates the location rate moved from ₹13,150 per sq ft in Mar 2026 to ₹12,700 per sq ft in Jun 2026, before settling at ₹12,800 per sq ft as of Sep 2026. This trajectory suggests a period of price consolidation, which can be a strategic window for buyers looking for stability after recent volatility.

How does the average asking price in Sector 102 compare to the Government Registration Rate?

The average asking price in Sector 102 is currently ₹12,700 per sq ft, while the Government Registration Rate stands at ₹7,900 per sq ft as of Sep 2026. This gap between the market-driven asking price and the government-notified rate is a common feature in developing urban sectors and is a critical factor for buyers to consider when calculating total acquisition costs and stamp duty obligations.

What are the average asking prices for different property types in Sector 102?

As of Sep 2026, property prices in Sector 102 vary significantly by type. Apartments are priced at ₹12,800 per sq ft, having appreciated by 0.61% compared to the previous period. Villas are available at ₹13,800 per sq ft, showing a depreciation of 2.69%, while shops command a premium at ₹19,600 per sq ft, though this segment has seen a depreciation of 8.2% over the same timeframe.

How does the status of a project affect property prices in Sector 102?

Project status significantly influences pricing in Sector 102 as of Sep 2026. Ready To Move projects are priced at ₹13,450 per sq ft, reflecting a depreciation of 3.34%. Under Construction projects are priced at ₹14,000 per sq ft, which has depreciated by 7.46%, while New Launch projects are at ₹16,200 per sq ft, marking a depreciation of 2.88% compared to the previous period. These variations often reflect the premium associated with newer infrastructure versus the immediate utility of completed units.

What is the average rental rate and rental yield in Sector 102?

As of Sep 2026, the average rental rate in Sector 102 is ₹29 per sq ft, with rental rates remaining stable at 0% change compared to the previous period. The locality currently offers a rental yield of 2.74%. For investors, this yield provides a baseline for calculating potential annual income relative to the capital investment required for property ownership in this sector.

How do monthly rental rates vary by BHK configuration in Sector 102?

Rental rates in Sector 102 are tiered based on the size and configuration of the unit as of Sep 2026. Monthly rents start at ₹11,200 for a Studio, increasing to ₹15,800 for a 1 BHK, ₹33,500 for a 2 BHK, ₹46,050 for a 3 BHK, and reaching ₹65,400 for a 4 BHK. This range allows tenants to choose options that align with their budget and space requirements, while also helping landlords understand the competitive pricing for their specific asset class.

Which nearby sectors have the highest and lowest average rental rates compared to Sector 102?

Rental rates across the surrounding micromarkets are consistently positioned at ₹50 per sq ft as of Sep 2026, including areas like Sector 99, Sector 104, and Sector 37c. While these sectors share a uniform rental rate, the change percentages vary; for instance, Sector 99 has seen an appreciation of 4.76%, whereas Sector 104 has experienced a depreciation of 7.14% compared to the previous period. This data highlights that while base rents may appear similar, the momentum and demand trends differ significantly across these neighbouring locations.

How should a buyer interpret the price trends in Sector 102 for investment purposes?

A buyer should view the current price trends in Sector 102 as a signal of a maturing market. With the average asking price at ₹12,700 per sq ft as of Sep 2026 and a recent depreciation of 3.36%, the market is currently experiencing a correction phase. Investors should monitor these quarterly shifts to identify entry points where price stability or growth resumes, balancing the current rental yield of 2.74% against long-term capital appreciation potential.

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