Gurgaon
The real estate market in DLF Phase II showcases strong demand, with average property rates currently at ₹20,200 per sq ft. Recent quarterly trends indicate a fluctuating yet resilient price landscape, supported by a diverse inventory of ready-to-move residential units. The rental market is equally active, providing competitive yields that appeal to income-focused investors. Developers continue to maintain a strong presence here, with established projects setting the benchmark for premium living standards in the heart of Gurgaon.
As of March 2026, the average asking price in DLF Phase II is ₹20,200 per sq ft. This figure reflects a significant market appreciation of 17.62% compared to previous periods, indicating strong demand and buyer interest in this established residential locality.
Property price trends in DLF Phase II have shown a dynamic trajectory, moving from ₹20,250 per sq ft in June 2025 to ₹15,650 per sq ft in September 2025, before recovering to ₹17,200 per sq ft in December 2025 and reaching ₹20,200 per sq ft as of March 2026. This upward movement in the most recent quarter suggests a resilient market recovery and sustained confidence among investors and homebuyers.
Property prices in DLF Phase II, currently at ₹20,200 per sq ft, sit in the mid-to-high range when compared to surrounding areas. For instance, Sector 28 commands a higher average of ₹26,350 per sq ft, while areas like Sector 24 and DLF City Phase 3 offer more accessible entry points at ₹12,400 per sq ft and ₹9,750 per sq ft, respectively. Investors should note that Sector 28 experienced a depreciation of 4.23%, while Sector 24 saw a significant shift of -38.79% from previous periods, highlighting the importance of micro-market selection.
As of March 2026, villas in DLF Phase II are priced at an average of ₹39,250 per sq ft, which represents a depreciation of 8.96% compared to previous periods. In contrast, apartments are currently priced at ₹20,200 per sq ft, showing a robust appreciation of 17.62% over the same timeframe, making apartments a more actively appreciating asset class in the current market cycle.
Ready to move properties in DLF Phase II are currently priced at ₹18,550 per sq ft, reflecting an appreciation of 7.87% compared to previous periods. Meanwhile, well-occupied properties are listed at ₹17,800 per sq ft, which has seen a depreciation of 14.38% over the same timeframe. This data suggests that buyers seeking immediate possession are currently driving price growth in the ready-to-move segment.
The top projects in DLF Phase II by listing rates as of March 2026 include DLF Oakwood Estate at ₹22,700 per sq ft (up 11.25%), DLF Building 10 at ₹17,800 per sq ft (down 14.38%), SKC Elite Homes at ₹16,800 per sq ft (up 7.61%), and DLF Atria at ₹16,100 per sq ft (up 3.69%). These rates highlight the premium positioning of established projects within the locality.
As of March 2026, the average rental rate in DLF Phase II is ₹39 per sq ft, with rental rates remaining stable at 0% change compared to previous periods. The locality offers a rental yield of 2.32%, which serves as a key metric for investors to evaluate the income-generating potential of their property relative to the current capital-intensive asking prices.
Rental rates in DLF Phase II vary significantly by unit size as of March 2026, catering to a diverse tenant profile. Studios start at an average of ₹19,700 per month, while 1 BHK units average ₹27,750 per month. Larger configurations command higher premiums, with 2 BHK units at ₹40,150, 3 BHK units at ₹94,850, 4 BHK units at ₹1.1 Lakh, 5 BHK units at ₹1.34 Lakh, and 6 BHK units reaching ₹2.5 Lakh per month. This tiered structure allows landlords to target specific segments ranging from young professionals to large families.
As of March 2026, premium rental projects in DLF Phase II include DLF Atria at ₹39 per sq ft (up 5.41%), DLF Oakwood Estate at ₹36 per sq ft (stable at 0%), DLF Building 10 at ₹34 per sq ft (down 32%), and DLF Gateway Tower at ₹33 per sq ft (stable at 0%). These projects represent the most sought-after addresses for renters, though investors should note the varying performance in rental rate growth across these specific developments.
Rental rates across micromarkets near DLF Phase II are largely consistent at ₹50 per sq ft for many areas, including Sector 25, DLF Cyber City, and Maruti Vihar, where rates have remained stable with 0% change. However, some areas show volatility; for instance, Udyog Vihar has seen a depreciation of 4.55%, Udyog Vihar Phase 4 a depreciation of 4.76%, and Sector 18 a notable depreciation of 13.04% as of March 2026. This indicates that while the broader region maintains a stable rental baseline, specific sub-markets are experiencing downward pressure on rents.
A rental yield of 2.32% in DLF Phase II, as of March 2026, indicates that the market is currently driven more by capital appreciation than immediate rental income. Investors should weigh this yield against the 17.62% appreciation in apartment prices to determine if the location aligns with their long-term wealth creation goals versus short-term cash flow requirements.
Users can leverage this data to benchmark property prices against current market averages of ₹20,200 per sq ft and track quarterly trends to identify entry points. By comparing the performance of ready-to-move projects against well-occupied ones and reviewing BHK-wise rental data, buyers and investors can make data-backed decisions that align with their specific budget and investment horizon as of March 2026.
