Property Rates in Palam Vihar Extension, Gurgaon

Palam Vihar Extension's residential market currently features villas as a prominent property type, with an average price of ₹18,016 per sq ft. This segment caters to buyers seeking spacious and independent living options within the locality. The presence of villas at this price point indicates a specific niche within the broader housing landscape of Palam Vihar Extension.

The property market in Palam Vihar Extension offers homes across different stages of development, catering to varied buyer preferences and timelines. Ready To Move properties, comprising 4 units, are available at an average of ₹8,954 per sq ft, providing immediate occupancy solutions. Additionally, Well Occupied properties, with 2 units listed, command an average price of ₹8,616 per sq ft and have seen a 4.57% increase, reflecting steady demand in this segment. This mix allows buyers to choose based on their readiness for possession and investment outlook.

Palam Vihar Extension's property market, with an average asking price of ₹3,507 per sq ft, presents a notably more accessible entry point compared to many neighboring areas in Gurgaon. For instance, Sector 23a commands a significantly higher average rate of ₹6,535 per sq ft, while Carterpuri Village is priced at ₹10,174 per sq ft. More established localities like Palam Vihar average ₹11,932 per sq ft, and Sector 2 reaches ₹11,943 per sq ft with a 7.01% increase. Furthermore, Sector 22 stands at a premium of ₹21,490 per sq ft, indicating a wide range of pricing dynamics across the region.

Several key projects contribute to the vibrant rental market in Palam Vihar Extension, offering diverse options for tenants. R K Tower stands out with a current rental rate of ₹26 per sq ft. Ansal Palam Triangle follows closely at ₹24 per sq ft, providing another attractive choice within the locality. Dharam Flats offers properties at ₹22 per sq ft, while Balaji Apartments Palam Vihar is available for rent at ₹20 per sq ft. These projects collectively shape the rental landscape of Palam Vihar Extension, providing quality living spaces in Central Gurgaon.

Palam Vihar Extension's rental market provides a range of options catering to various family sizes and budgets, primarily within apartment configurations. A 1 BHK apartment typically commands an average rent of ₹18,000 per month, offering an affordable entry. For those needing more space, 2 BHK apartments average ₹33,219 per month, while 3 BHK units are available at approximately ₹46,610 per month. Larger families can find 4 BHK apartments with average rents around ₹60,000 per month, showcasing a diverse and robust residential rental landscape.

The rental market in Palam Vihar Extension averages ₹27 per sq ft, positioning it competitively among its neighbors. Nearby Sector 23a offers slightly lower rents at ₹25 per sq ft, while Dharam Colony is comparable at ₹26 per sq ft. Notably, Sector 2 commands a higher average of ₹32 per sq ft and has seen a significant 10.34% increase in rental rates. Conversely, areas like Sector 23 show a -6.9% decrease, and Choma has experienced a substantial -36.67% decline, highlighting varied performance across the region.

Apartments dominate the rental market in Palam Vihar Extension, with an average rental rate of ₹27 per sq ft. This consistent pricing reflects the strong demand for apartment-style living in the locality. The stability in average rental rates for apartments underscores their enduring appeal to tenants.