The real estate market in GMS Road shows consistent appreciation, with current asking prices reaching ₹7,450 per sq ft. This growth is supported by a rising demand for apartment units, while rental activity remains robust across various configurations. Investors currently benefit from a 3.70% rental yield, indicating that the area maintains a healthy balance between capital appreciation and recurring income potential. Market participants are increasingly focusing on established projects to secure value in this prime location.
As of June 2026, the average asking price in GMS Road stands at ₹7,450 per sq ft. This figure reflects an appreciation of 1.91% compared to the previous period, indicating a steady demand for residential apartments in this locality.
Property prices in GMS Road have shown a consistent upward trajectory over the last few quarters. Based on data from September 2025 to March 2026, the location rate rose from ₹7,100 per sq ft to ₹7,450 per sq ft, signaling sustained buyer interest and market confidence in the area.
Property prices in GMS Road, at ₹7,450 per sq ft, are competitively positioned against neighbouring areas. For instance, Harrawala commands a slightly higher average of ₹7,550 per sq ft (which appreciated by 1.14%), while Dalanwala is priced at ₹7,900 per sq ft despite a depreciation of 11.34%. Meanwhile, Clement Town remains more affordable at ₹6,150 per sq ft, showing stable pricing with no change.
As of June 2026, apartments in GMS Road are priced at an average of ₹7,450 per sq ft, having appreciated by 1.91%. In contrast, villas are currently averaging ₹6,750 per sq ft, which represents a significant depreciation of 46.4% compared to the prior period, suggesting a shift in market preference or supply dynamics toward apartment-style living.
The average rental yield in GMS Road is currently 3.70% as of June 2026. For investors, this yield represents the annual rental income relative to the property's capital value, providing a baseline to evaluate the income-generating potential of residential assets in the area alongside potential capital appreciation.
Rental rates in GMS Road vary by unit size to accommodate different tenant profiles. As of June 2026, a 1 BHK apartment typically rents for ₹16,950 per month, a 2 BHK for ₹22,850 per month, and a 3 BHK for ₹34,250 per month. These rates provide a clear structure for tenants and landlords to assess market-aligned pricing based on space requirements.
Both apartments and villas in GMS Road currently command an average rental rate of ₹50 per sq ft as of June 2026. While villa rentals have seen an appreciation of 6.25%, apartment rentals have experienced a depreciation of 4.17% over the same period, reflecting differing demand levels for these property types.
Capital Royal Casa and Capital Heights Niranjanpur are key projects in GMS Road regarding rental activity. Capital Royal Casa currently sees a rental rate of ₹24 per sq ft, which has appreciated by 4.35% as of June 2026. Conversely, Capital Heights Niranjanpur is at ₹19 per sq ft, reflecting a depreciation of 13.64% over the same timeframe.
As of June 2026, Capital Royal Casa is listed at ₹7,500 per sq ft, while Capital Heights Niranjanpur is listed at ₹4,900 per sq ft. These rates have remained stable with no change in the reported period, offering prospective buyers distinct entry points depending on their budget and project preference.
A potential buyer should use the June 2026 average asking price of ₹7,450 per sq ft as a benchmark for negotiations and market comparison. By observing the quarterly price trends and comparing the rates of apartments versus villas, buyers can determine whether the current market conditions align with their long-term investment goals or immediate housing needs.
