The GMS Road real estate market has shown consistent growth, with property values rising from ₹7,300 per sq ft in late 2025 to the current average of ₹7,950 per sq ft. This appreciation highlights increasing demand within the region, supported by a mix of ready-to-move and under-construction residential projects. The rental sector remains active, offering competitive yields and a range of unit configurations that cater to various lifestyle needs. Strategic development in key projects continues to drive investor confidence, ensuring the locality remains a prominent residential hub in Dehradun.
The average asking price in GMS Road is ₹7,950 per sq ft as of September 2026. This figure reflects an appreciation of 6.44% compared to previous periods, signaling a resilient demand for residential properties in this locality.
Property prices in GMS Road have shown a steady upward trajectory leading into September 2026. The average rate rose from ₹7,300 per sq ft in December 2025 to ₹7,450 per sq ft in March 2026, eventually reaching ₹7,950 per sq ft by June 2026, indicating sustained buyer interest and market growth in the area.
Property rates in GMS Road, currently at ₹7,950 per sq ft, sit between the price points of surrounding localities. For comparison, Dalanwala commands a higher average rate of ₹8,400 per sq ft, which has appreciated by 6.51%, while Rajpur Road is significantly more premium at ₹11,550 per sq ft, having seen a substantial appreciation of 53.74%. Conversely, Harrawala offers a more accessible entry point at ₹7,450 per sq ft, though it experienced a slight depreciation of 1.34%.
As of September 2026, apartments in GMS Road are priced at an average of ₹7,950 per sq ft, showing an appreciation of 6.44%. In contrast, villas are currently priced at ₹6,750 per sq ft, which reflects a significant depreciation of 46.4% compared to previous periods, suggesting a shift in market preference or supply dynamics favoring apartment living in this locality.
Property rates in GMS Road vary by project status, with Under Construction properties currently priced at ₹7,500 per sq ft and Ready To Move properties at ₹5,800 per sq ft as of September 2026. Both categories have maintained stable pricing with 0% change, providing clarity for buyers who are weighing the immediate possession benefits of ready-to-move units against the potential future value of under-construction developments.
The average rental yield in GMS Road stands at 2.42% as of September 2026. This yield represents the annual rental income relative to the property's purchase price, serving as a key metric for investors to evaluate the income potential of their assets alongside the current average rental rate of ₹16 per sq ft, which has seen a depreciation of 30.43%.
Rental rates in GMS Road vary by unit size, with 1 BHK apartments averaging ₹16,000 per month, 2 BHK units at ₹18,500 per month, and 3 BHK units at ₹26,400 per month as of September 2026. These figures provide a clear range for tenants and landlords, reflecting the market demand for varied residential configurations in the locality.
Capital Royal Casa and Capital Heights Niranjanpur are among the top projects for rentals in GMS Road. Capital Royal Casa currently commands a rental rate of ₹24 per sq ft, having appreciated by 4.35%, while Capital Heights Niranjanpur is at ₹19 per sq ft, which reflects a depreciation of 13.64% as of September 2026.
As of September 2026, both apartments and villas in GMS Road have an average rental rate of ₹50 per sq ft. While the rates are currently aligned, apartments have experienced a depreciation of 30.43%, and villas have seen a depreciation of 11.76%, indicating a softening in the rental market across these property types.
Key residential projects in GMS Road include Capital Royal Casa at ₹7,500 per sq ft, Shri Krishna Residency at ₹5,800 per sq ft, and Capital Heights Niranjanpur at ₹4,900 per sq ft as of September 2026. These projects show stable pricing with 0% change, offering diverse options for prospective buyers based on their budget and preference for specific project amenities.
Buyers should use the property rate data for GMS Road to benchmark their investment against current market averages of ₹7,950 per sq ft and observe historical trends. By comparing the price points of Ready To Move versus Under Construction projects and reviewing the rental yield of 2.42%, investors can make informed decisions that align with their financial goals and risk appetite as of September 2026.
