Property Rates in Palam Vihar Extension, Gurgaon 2026

Property price trends in Palam Vihar Extension have shown a downward trajectory over the past year. The location rate dropped from ₹18,000 per sq ft in Dec 2025 to ₹13,900 per sq ft by Sep 2026, indicating a softening in demand or a correction in the local residential market. Investors and buyers should note that this trend reflects a broader cooling compared to the peak rates observed at the end of 2025.

The rental yield in Palam Vihar Extension is currently 2.24% as of Sep 2026. This yield represents the annual rental income relative to the capital investment, providing a baseline for investors to evaluate the income-generating potential of residential assets in this locality.

Rental rates in Palam Vihar Extension scale significantly with property size as of Sep 2026. A 1 BHK apartment typically commands ₹18,550 per month, while 2 BHK units average ₹22,200 per month. For larger requirements, 3 BHK units are available at an average of ₹51,350 per month, and 4 BHK units reach an average of ₹67,200 per month, reflecting the premium commanded by larger living spaces.

As of Sep 2026, several projects lead the market in Palam Vihar Extension, with Sunny Flats commanding ₹11,750 per sq ft, which represents an appreciation of 28.38% over the comparison period. Other notable projects include Dharampal Apartments at ₹11,600 per sq ft (up 26.28%) and R K Tower at ₹11,550 per sq ft (up 26.37%). These projects demonstrate strong price growth despite the broader market's recent fluctuations.

Rental rates across the surrounding areas are largely uniform at ₹50 per sq ft, though performance varies. For instance, Sector 2 has seen a rental appreciation of 6.45% compared to previous periods, whereas areas like Sector 23 and Sector 22 have experienced rental depreciations of 17.86% and 15.62% respectively. This indicates that while the base rate is consistent, demand dynamics differ significantly across these specific micro-markets.

Ready To Move properties in Palam Vihar Extension are currently priced at an average of ₹11,250 per sq ft as of Sep 2026. This segment has shown significant growth, with prices appreciating by 22.49% compared to the previous period, signaling strong end-user demand for immediate occupancy options in the locality.

Investors should look at the current rental rates of top projects like R K Tower (₹26 per sq ft) and Ansal Palam Triangle (₹24 per sq ft) as indicators of localized demand. While these projects maintain stable rental rates with 0% change, Dharam Flats has shown a 4.55% appreciation in its rental rate, currently at ₹23 per sq ft, highlighting its potential for consistent rental growth compared to other premium buildings in the area.

Property prices in Palam Vihar Extension, at ₹13,900 per sq ft, sit in the mid-range when compared to surrounding areas. For example, Sector 22 commands a higher average of ₹21,250 per sq ft, while Sector 2 and Ashok Vihar are more accessible at ₹12,300 and ₹12,350 per sq ft respectively. Understanding these price gaps helps buyers identify value-for-money options based on their budget and proximity preferences.

The overall average rental rate in Palam Vihar Extension is ₹26 per sq ft as of Sep 2026, which reflects a depreciation of 3.7% compared to the previous period. This slight decline suggests that while the area remains a residential hub, landlords may be adjusting their expectations in response to current market supply or tenant demand shifts.