The property market along GMS Road demonstrates consistent growth, with current asking prices reaching ₹7,450 per sq ft. Investors are finding value in the area's robust rental yield of 3.70%, supported by a variety of apartment configurations that cater to diverse tenant needs. While the villa segment has experienced significant price shifts, the apartment sector remains a stable anchor for the locality. Recent performance indicates a positive trajectory for capital appreciation, positioning the region as a preferred choice for residential investment in Dehradun.
As of June 2026, the average asking price in GMS Road is ₹7,450 per sq ft. This figure reflects a market that has seen an appreciation of 1.91% compared to previous periods, indicating steady interest in this residential corridor.
Property prices in GMS Road have shown a consistent upward trajectory through the first half of 2026. Data shows the local rate rose from ₹7,300 per sq ft in December 2025 to ₹7,450 per sq ft in March 2026, reaching ₹7,650 per sq ft as of June 2026, signaling sustained demand for residential assets in the area.
GMS Road maintains a competitive position in the Dehradun market with an average asking price of ₹7,450 per sq ft as of June 2026. For comparison, Harrawala averages ₹7,550 per sq ft (appreciating by 1.14%), Rajpur Road stands at ₹7,550 per sq ft (depreciating by 7.22%), Dalanwala is at ₹7,900 per sq ft (depreciating by 11.34%), and Clement Town remains stable at ₹6,150 per sq ft.
As of June 2026, apartments in GMS Road command an average price of ₹7,650 per sq ft, having appreciated by 2.9% recently. In contrast, villas are currently priced at an average of ₹6,750 per sq ft, which reflects a significant depreciation of 46.4% compared to the prior period, suggesting a shift in buyer preference toward apartment-style living in this locality.
The average rental yield in GMS Road is 3.70% as of June 2026, providing a baseline for income-focused investors. While the average rental rate is ₹23 per sq ft, which has seen a depreciation of 4.17%, a yield of 3.70% helps investors evaluate the annual rental income potential relative to the capital investment required for property acquisition in the area.
As of June 2026, rental rates in GMS Road vary by unit size to accommodate different tenant profiles. A 1 BHK apartment typically rents for ₹16,000 per month, a 2 BHK unit averages ₹19,600 per month, and a 3 BHK unit commands an average of ₹26,700 per month. These figures provide a clear guide for landlords and tenants regarding the current market value of residential apartments in the locality.
Both villas and apartments in GMS Road currently show an average rental rate of ₹50 per sq ft as of June 2026. However, the market performance differs significantly: apartment rentals have faced a depreciation of 17.39% compared to previous periods, while villa rentals have seen a depreciation of 11.76%, reflecting a broader softening in rental demand across property types.
Capital Royal Casa and Capital Heights Niranjanpur are notable projects in GMS Road. As of June 2026, Capital Royal Casa commands a rental rate of ₹24 per sq ft, showing an appreciation of 4.35%, whereas Capital Heights Niranjanpur is at ₹19 per sq ft, reflecting a depreciation of 13.64%.
As of June 2026, two key projects in GMS Road include Capital Royal Casa, with a listing rate of ₹7,500 per sq ft, and Capital Heights Niranjanpur, with a listing rate of ₹4,900 per sq ft. Both projects have maintained stable pricing with 0% change in their listing rates, providing consistent entry points for prospective buyers in the locality.
Buyers should use the June 2026 data to understand the premium or value positioning of specific properties against the local average of ₹7,450 per sq ft. By comparing the appreciation of apartments (2.9%) against the depreciation of villas (-46.4%), investors can identify which property types are currently gaining market favor and align their purchase decisions with long-term capital growth trends.
