Gurgaon
New Palam Vihar serves as a strategic residential node within Gurgaon, maintaining a balanced property market that appeals to a broad spectrum of occupants. While apartment valuations currently hover at ₹5,200 per sq ft, the area provides a robust rental ecosystem, particularly for those seeking well-connected living spaces. Rental demand remains consistent across various unit types, ranging from compact 1 BHK apartments to spacious 4 BHK homes. The surrounding micro-markets exhibit diverse pricing structures, allowing for comparative value assessments based on proximity and infrastructure access.
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, indicating a period of price consistency in the local market.
The property market in New Palam Vihar has shown a fluctuating trajectory over the past year. While the average asking price stands at ₹5,200 per sq ft as of June 2026, the broader micromarket rates have shifted from ₹13,300 per sq ft in September 2025 to ₹13,600 per sq ft in June 2026, reflecting varying demand levels across the region.
As of June 2026, villas in New Palam Vihar command a higher average price of ₹13,800 per sq ft, which has depreciated by 3.6% compared to the previous period. In contrast, apartments are priced at an average of ₹5,200 per sq ft, reflecting a depreciation of 3.97% over the same timeframe.
Among the surrounding areas, Sector 111 currently holds a premium average asking price of ₹16,900 per sq ft, having appreciated by 4.6% as of June 2026. Conversely, Sector 3 offers a more accessible entry point at ₹12,300 per sq ft, though this area has seen a depreciation of 5.82% from the previous period.
As of June 2026, the average rental rate in New Palam Vihar is ₹23 per sq ft, with a rental yield of 5.31%. The rental rate has remained stable at 0% change, suggesting a balanced environment for landlords and tenants, while the yield provides a clear benchmark for investors evaluating the income-generating potential of their assets relative to the current sale prices.
Rental rates in New Palam Vihar vary significantly by unit size as of June 2026. A 1 BHK apartment typically rents for ₹21,500 per month, while 2 BHK units average ₹27,550 per month. Larger 3 BHK and 4 BHK apartments command average monthly rents of ₹36,900 and ₹50,000, respectively, providing options for diverse tenant profiles ranging from individuals to large families.
As of June 2026, both apartments and villas in New Palam Vihar share an average rental rate of ₹50 per sq ft. This rental rate has remained stable with a 0% change for both property types, indicating that the rental market for these segments is currently experiencing uniform demand.
The rental yield of 5.31% as of June 2026 serves as a key indicator for investors to assess the annual return on investment from rental income. When compared to the average sale price of ₹5,200 per sq ft, this yield helps investors determine if the property's income potential aligns with their financial goals, especially given the stable rental rates observed across the locality.
Rental rates across the vicinity are consistently around ₹50 per sq ft as of June 2026, though growth trends differ significantly by area. For instance, New Palam Vihar Phase 1 has seen a notable appreciation of 127.27% in rental rates, whereas New Palam Vihar Phase 3 has experienced a depreciation of 10% during the same period, highlighting the importance of micro-location analysis for prospective landlords.
