Gurgaon
New Palam Vihar serves as a strategic residential node within Gurgaon, offering a balanced mix of affordability and connectivity. The market has seen a recent shift in capital values, while rental activity remains robust, underscored by a notable 43.75% annual increase in average rental rates. Investors are finding value in the area's steady rental yields, which benefit from a consistent demand for well-connected housing options. Development trends show a varied landscape where price points fluctuate based on specific sector proximity and project-specific amenities.
The average asking price in New Palam Vihar is ₹5,200 per sq ft as of June 2026. This rate has remained stable with a 0% change, indicating a balanced market environment where supply and demand have reached a temporary equilibrium.
Property rates in New Palam Vihar have shown a fluctuating trajectory in the micromarket rates, moving from ₹13,300 per sq ft in September 2025 to ₹13,700 in December 2025, reaching ₹14,000 in March 2026, and settling at ₹13,600 per sq ft as of June 2026. This recent movement suggests a period of price correction following the peak observed in the first quarter of 2026.
As of June 2026, villas in New Palam Vihar command an average price of ₹13,800 per sq ft, which has depreciated by 3.6% compared to the previous period. Meanwhile, apartments are priced at an average of ₹5,200 per sq ft, reflecting a depreciation of 3.97% over the same timeframe, suggesting a softening in demand for both segments.
The average rental yield in New Palam Vihar stands at 5.31% as of June 2026. This yield is a key indicator for investors, representing the annual rental income relative to the property's capital value, and suggests a healthy potential for recurring income in this locality.
As of June 2026, rental rates in New Palam Vihar vary by unit size: 1 BHK apartments average ₹21,500 per month, 2 BHK units average ₹27,450 per month, 3 BHK units average ₹36,150 per month, and 4 BHK units average ₹50,000 per month. These figures provide a clear range for tenants and landlords, with larger configurations commanding higher absolute rents due to increased space and amenities.
Rental rates across the vicinity are largely consistent at ₹50 per sq ft as of June 2026, though growth trends vary significantly. For instance, New Palam Vihar Phase 1 has seen a notable appreciation of 127.27%, while Sector 112 has appreciated by 13.79% and Sector 110a by 17.39%. Conversely, Choma has experienced a depreciation of 5.26%, highlighting that while the base rental rate is uniform, the growth potential and demand intensity differ by specific micro-location.
Both apartments and villas in New Palam Vihar currently command an average rental rate of ₹50 per sq ft as of June 2026. The rental rates for both property types have remained stable with a 0% change, indicating consistent demand across these residential categories.
Buyers should use the June 2026 data to understand the current market baseline of ₹5,200 per sq ft for apartments and compare it against the broader micromarket trends. By observing the 0% change in the overall asking price, buyers can identify that the market is currently in a stable phase, which may offer a good opportunity for negotiation without the pressure of rapidly escalating prices.
As of June 2026, Sector 2 has shown the highest appreciation in the area at 9.07% (reaching ₹12,650 per sq ft), followed by Sector 3 at 6.69% (reaching ₹13,100 per sq ft). In contrast, Sector 110 has experienced a depreciation of 0.14% (down to ₹14,150 per sq ft), and Sector 112 has seen a depreciation of 2.61% (down to ₹15,950 per sq ft), reflecting diverse investment performance across these neighbouring sectors.
