Gurgaon
New Palam Vihar presents a dynamic real estate environment characterized by a stable residential base and a highly active rental market. While capital values have seen minor fluctuations, the area remains a cost-effective alternative to neighboring sectors, supported by a healthy rental yield that attracts long-term investors. The rental segment is particularly robust, with steady demand across various unit configurations that cater to a wide demographic of tenants. Infrastructure developments in the vicinity continue to influence price trends, maintaining a competitive edge against nearby premium sectors.
As of June 2026, the average asking price in New Palam Vihar is ₹5,200 per sq ft. This rate has remained stable with a 0% change, reflecting a period of price consistency in the local residential market.
Property prices in New Palam Vihar have shown a fluctuating trajectory in recent quarters. According to data from June 2026, the micromarket rate stood at ₹13,600 per sq ft, following a rate of ₹14,000 per sq ft in March 2026, ₹13,700 per sq ft in December 2025, and ₹13,300 per sq ft in September 2025. These shifts indicate a dynamic market environment where demand and supply factors continuously influence price discovery for buyers and investors.
Property rates vary significantly across the neighbourhoods surrounding New Palam Vihar as of June 2026. For instance, Sarai Allwardi commands a higher average asking price of ₹16,750 per sq ft (which appreciated by 1.92% compared to the previous period), while Palam Vihar shows an average of ₹11,850 per sq ft, having appreciated by 5.43%. Other nearby areas like Sector 111 and Sector 112 are priced at ₹16,150 per sq ft and ₹15,950 per sq ft respectively, highlighting the premium commanded by specific sectors in the broader region.
As of June 2026, villas in New Palam Vihar are priced at an average of ₹13,800 per sq ft, while apartments are available at an average of ₹5,200 per sq ft. The apartment segment experienced a depreciation of 3.97% compared to the previous period, whereas the villa segment saw a depreciation of 3.60%. This significant price gap reflects the distinct lifestyle offerings and land-value components associated with villa properties compared to standard apartment units.
As of June 2026, the average rental rate in New Palam Vihar is ₹23 per sq ft, which has seen a notable appreciation of 43.75% compared to the previous period. The area currently offers a rental yield of 5.31%, a key metric for investors indicating the annual return on investment from rental income relative to the property's capital value.
Rental rates in New Palam Vihar scale according to unit size, providing options for diverse tenant profiles as of June 2026. A 1 BHK apartment typically rents for ₹21,500 per month, while 2 BHK units average ₹27,450 per month. For larger space requirements, 3 BHK units command an average of ₹36,150 per month, and 4 BHK units reach an average of ₹50,000 per month. This tiered pricing allows tenants to choose properties that best align with their budget and space needs.
Most areas surrounding New Palam Vihar, including Sector 110a, Sector 110, and Palam Vihar, currently command an average rental rate of ₹50 per sq ft as of June 2026. Notably, rental rates in New Palam Vihar Phase 1 have seen a significant appreciation of 127.27% compared to the previous period, while Sector 112 has seen an appreciation of 13.79%. Conversely, Choma has experienced a depreciation of 5.26%, suggesting that rental demand and growth are highly localized and vary by specific micro-location.
