Gurgaon
New Palam Vihar presents a stable residential market with a focus on affordability and rental yield potential. Investors often look at this region for its balanced entry price point compared to neighboring sectors. The rental market is particularly active, supported by a healthy 5.31% yield that draws consistent interest from tenants across different unit sizes. While the capital market remains steady, the rental segment continues to show resilience and steady demand.
As of June 2026, the average asking price in New Palam Vihar is ₹5,200 per sq ft. This rate has remained stable, showing 0% change, which indicates a period of price equilibrium in the local market.
The micromarket rate in New Palam Vihar has shown a downward trend, moving from ₹14,000 per sq ft in March 2026 to ₹13,600 per sq ft in June 2026. This adjustment reflects a softening in the broader micromarket pricing, which investors and buyers should monitor to gauge future demand cycles.
As of June 2026, villas in New Palam Vihar command an average price of ₹13,800 per sq ft, having depreciated by 3.6% compared to the previous period. In contrast, apartments are priced at an average of ₹5,200 per sq ft, which reflects a depreciation of 3.97% over the same timeframe. These figures highlight the significant price premium associated with villa properties in the area compared to apartment segments.
The average rental yield in New Palam Vihar stands at 5.31% as of June 2026. For real estate investors, this yield represents the annual rental income relative to the property's purchase price, serving as a key indicator of the area's income-generating potential for residential assets.
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 ₹27,550 per month, 3 BHK units average ₹36,900 per month, and 4 BHK units average ₹50,000 per month. These tiered rates allow tenants and landlords to assess market value based on the specific space requirements and configuration of the property.
Rental rates across neighbourhoods surrounding New Palam Vihar are consistently positioned at ₹50 per sq ft as of June 2026, though their growth trajectories differ significantly. For instance, New Palam Vihar Phase 1 has seen a notable appreciation of 127.27% compared to previous periods, while New Palam Vihar Phase 3 experienced a 10% depreciation. Other areas like Sector 110a and Palam Vihar also show strong rental growth, with appreciations of 26.09% and 25% respectively, indicating varying levels of rental demand across these specific pockets.
Among areas surrounding New Palam Vihar, Sector 111 commands the highest average rate at ₹16,900 per sq ft as of June 2026, having appreciated by 4.6%. Conversely, Sector 2 and Sector 3 are among the more accessible options, both priced at ₹12,300 per sq ft, though they have seen depreciations of 2.68% and 5.82% respectively. These variations provide a clear picture of the premium versus budget-friendly segments within the immediate vicinity.
