Gurgaon
New Palam Vihar presents a stable investment landscape, with property values currently averaging ₹5,200 per sq ft. The market has observed minor fluctuations over the last two quarters, reflecting a balanced adjustment between buyer expectations and current supply levels. On the rental front, the locality is particularly attractive for income-focused investors, boasting a rental yield of 5.31%. This strong rental performance is driven by consistent demand for residential apartments, with monthly rents spanning from ₹18,000 for 1 BHK units to ₹42,500 for 4 BHK residences. The broader surrounding area continues to influence local dynamics, with nearby sectors like Sector 110 and Palam Vihar providing a wider context for regional price trends.
As of June 2026, the average asking price in New Palam Vihar stands at ₹5,200 per sq ft. This rate has remained stable with a 0% change, indicating a period of price consolidation in the local residential market.
Property prices in New Palam Vihar vary significantly by type, with villas commanding an average of ₹13,800 per sq ft, which has depreciated by 3.6% from June 2025 to June 2026. In contrast, apartments are priced at ₹5,200 per sq ft, reflecting a depreciation of 3.97% over the same period. These figures highlight the premium positioning of villa developments compared to the more accessible apartment segment in the area.
The current rental yield in New Palam Vihar is 5.31% as of June 2026. This yield represents the annual rental income relative to the property's purchase price, serving as a key metric for investors to evaluate the income-generating potential of their assets in the locality compared to other investment avenues.
Rental rates in New Palam Vihar scale according to the size of the unit, with 1 BHK apartments averaging ₹18,000 per month, 2 BHK units at ₹28,400 per month, 3 BHK units at ₹34,750 per month, and 4 BHK units reaching ₹42,500 per month as of June 2026. This tiered pricing structure allows tenants to choose options based on their space requirements and budget, while providing landlords with clear benchmarks for setting competitive rental prices.
The average rental rate for apartments in New Palam Vihar has seen a significant appreciation of 43.75% from June 2025 to June 2026, currently standing at ₹50 per sq ft. This sharp upward trend suggests a robust increase in rental demand for apartment-style living within the locality over the past year.
Among areas surrounding New Palam Vihar, Sector 110 has experienced a notable rental appreciation of 14.29%, while Sarai Allwardi saw a 16.67% increase, both maintaining an average rental rate of ₹50 per sq ft as of June 2026. Conversely, areas like Choma have faced a significant rental depreciation of 36.67% during the same period, highlighting the diverse rental performance across these neighbouring micro-markets.
Property prices in New Palam Vihar, at ₹5,200 per sq ft, are notably lower than in neighbouring areas such as Palam Vihar, which averages ₹11,850 per sq ft (having appreciated by 5.43% from June 2025 to June 2026), and Sector 2, which averages ₹12,650 per sq ft (having appreciated by 9.07% over the same period). These differences reflect the distinct market positioning and infrastructure development levels of each specific locality.
When evaluating the market in New Palam Vihar, buyers should note that the average asking price has remained at ₹5,200 per sq ft as of June 2026. While the broader micromarket rate was recorded at ₹14,000 per sq ft in March 2026, the local price trajectory indicates a stable environment, which can be beneficial for end-users seeking predictable entry points into the market without the volatility of rapidly fluctuating prices.
