Gurgaon
The Palam Vihar real estate market serves as a key residential hub in Gurgaon, characterized by a balanced mix of ready-to-move and under-construction projects. Property values have seen upward momentum over the last few quarters, supported by consistent interest in both apartment living and villa ownership. Rental activity remains robust, with a diverse range of units spanning from studio apartments to expansive 6 BHK homes, catering to a wide demographic of tenants. The market's stability is further underscored by a steady rental yield, reflecting the area's ongoing appeal to long-term property investors.
As of June 2026, the average asking price in Palam Vihar stands at ₹11,850 per sq ft. This figure reflects an appreciation of 5.43% compared to the previous period, signaling sustained demand and positive market sentiment within this locality.
Property prices in Palam Vihar have shown a dynamic trajectory from September 2025 to June 2026. The location rate moved from ₹11,050 per sq ft in September 2025 to ₹11,250 in December 2025, reached ₹11,850 in March 2026, and climbed to ₹12,600 per sq ft by June 2026, indicating a consistent upward trend that suggests strong investor and buyer confidence.
As of June 2026, there is a significant price variance between property types in Palam Vihar. Apartments are currently priced at an average of ₹12,600 per sq ft, having appreciated by 6.19% compared to the prior period. In contrast, villas command a premium with an average price of ₹26,250 per sq ft, which saw a marginal depreciation of 0.1% over the same timeframe.
As of June 2026, under-construction projects in Palam Vihar are priced at an average of ₹13,100 per sq ft, maintaining stable pricing with 0% change. Meanwhile, ready-to-move properties are priced at an average of ₹9,750 per sq ft, which represents an appreciation of 6.04% compared to the previous period, reflecting the high demand for immediate occupancy.
As of June 2026, the average rental rate in Palam Vihar is ₹24 per sq ft, which has seen a depreciation of 4% compared to the previous period. The locality currently offers a rental yield of 2.43%, a key metric for investors to evaluate the annual income potential relative to the capital investment required for property ownership in the area.
Rental rates in Palam Vihar scale significantly with the size of the unit. As of June 2026, average monthly rents range from ₹14,950 for a Studio apartment to ₹20,100 for a 1 BHK, ₹33,900 for a 2 BHK, ₹48,300 for a 3 BHK, ₹80,650 for a 4 BHK, ₹98,750 for a 5 BHK, and up to ₹1.27 Lakh for a 6 BHK unit. This wide range allows tenants to choose options that align with their specific space requirements and budget.
Among the top projects by rent in Palam Vihar as of June 2026, Ansal Plaza Gurgaon leads with a current rental rate of ₹22 per sq ft, though it experienced a depreciation of 8.33%. Palam Vihar Residents Association follows with a rate of ₹21 per sq ft, which depreciated by 8.7%, and A3S Homes offers a rate of ₹17 per sq ft with stable pricing showing 0% change.
Rental rates across neighbourhoods near Palam Vihar are relatively uniform at ₹50 per sq ft, though their growth trajectories differ as of June 2026. For instance, Sector 23a has seen a significant appreciation of 20% and Sector 110a an appreciation of 17.39%, while areas like Sector 110, Sector 2, and New Palam Vihar have remained stable with 0% change. Conversely, Dharam Colony and Choma have experienced rental depreciation of 11.54% and 5.26% respectively.
As of June 2026, Vigneshwara SOHO Next is among the premium projects in Palam Vihar with a listing rate of ₹13,100 per sq ft, reflecting a notable appreciation of 25.55%. Other prominent projects include PVR Residency at ₹12,900 per sq ft (up 6.52%) and Palam Vihar Residents Association at ₹12,700 per sq ft (up 5.09%), highlighting the price positioning of these developments in the current market.
An investor should view the price trends in Palam Vihar as a sign of a maturing market. With the location rate rising from ₹11,050 per sq ft in September 2025 to ₹12,600 per sq ft in June 2026, the consistent quarter-over-quarter growth suggests strong underlying demand. When combined with a rental yield of 2.43%, investors can assess the balance between long-term capital appreciation and recurring rental income.
