The GMS Road property market displays consistent growth, with residential apartments currently averaging ₹7,450 per sq ft. Recent quarterly trends confirm a steady increase from ₹7,100 in September 2025 to the current levels, indicating resilient buyer confidence. The rental sector complements this growth, offering an average yield of 3.70% with varied options for tenants. While villa prices have seen a significant correction, apartments continue to hold value and attract sustained interest from both end-users and investors.
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, signaling 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, indicating sustained interest from homebuyers and investors in the area.
Property prices in GMS Road, currently at ₹7,450 per sq ft, are positioned competitively against surrounding localities. For instance, Harrawala commands an average rate of ₹7,550 per sq ft (which appreciated by 1.14%), while Dalanwala is priced at ₹7,900 per sq ft (which depreciated by 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, reflecting an appreciation of 1.91%. In contrast, villas are currently averaging ₹6,750 per sq ft, which represents a significant depreciation of 46.4% compared to the previous period, suggesting a shift in market preference or supply dynamics for independent housing in the locality.
As of June 2026, the average rental rate in GMS Road is ₹23 per sq ft, which has seen a depreciation of 4.17% compared to the previous period. The area currently offers a rental yield of 3.70%, a key metric for investors to evaluate the potential annual income return relative to the capital investment required for property ownership.
Rental rates in GMS Road vary by unit size to cater to 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 variations allow tenants to choose properties based on their space requirements and budget, while landlords can use these benchmarks to price their units competitively.
Among the prominent projects in GMS Road, Capital Royal Casa leads with a current rental rate of ₹24 per sq ft, which has appreciated by 4.35% as of June 2026. Conversely, Capital Heights Niranjanpur is currently at ₹19 per sq ft, reflecting a depreciation of 13.64% over the same period. Both projects maintain an average rental rate of ₹50 per sq ft in their broader context, highlighting the premium placed on specific project amenities and location advantages.
As of June 2026, both apartments and villas in GMS Road command an average rental rate of ₹50 per sq ft. While villas have seen an appreciation of 6.25% in their rental pricing, apartments have experienced a depreciation of 4.17%, indicating that while both property types are priced similarly in the rental market, their recent price movements have diverged.
The residential market in GMS Road features projects like Capital Royal Casa, which is listed at ₹7,500 per sq ft, and Capital Heights Niranjanpur, listed at ₹4,900 per sq ft as of June 2026. These projects represent different price points within the locality, providing options for buyers with varying budget capacities.
The rental yield of 3.70% in GMS Road as of June 2026 serves as a vital indicator for investors to measure the annual rental income generated by a property as a percentage of its purchase price. A yield of this level helps investors compare the income-generating potential of GMS Road against other asset classes or alternative localities in Dehradun, assisting in more informed long-term investment decisions.
