Gurgaon
The real estate market in Palam Vihar has demonstrated a consistent evolution, with current average asking prices of ₹11,850 per sq ft. Price trends over the last few quarters indicate a positive shift from ₹11,050 in late 2025 to current levels, signaling sustained demand. The rental market remains active, with an average rental rate of ₹24 per sq ft and a rental yield of 2.43%, providing a steady income stream for property owners. Development activity is well-distributed, with a mix of ready-to-move projects and new construction catering to diverse buyer timelines.
The average asking price in Palam Vihar is ₹11,850 per sq ft as of June 2026. This figure reflects a market that has appreciated by 5.43% compared to the previous period, signaling sustained interest and demand for residential properties in this locality.
Property prices in Palam Vihar have shown a positive trajectory, with the location rate rising to ₹12,600 per sq ft in June 2026 from ₹11,850 per sq ft in March 2026. This upward movement across the last quarter suggests a strengthening market, providing a positive signal for investors and homeowners looking for capital appreciation.
As of June 2026, villas in Palam Vihar command a premium with an average price of ₹26,250 per sq ft, which saw a marginal depreciation of 0.1% compared to the prior period. In contrast, the average asking price for apartments is ₹12,600 per sq ft, which has appreciated by 6.19% over the same timeframe, indicating a robust demand for apartment-style living in the area.
As of June 2026, Ready To Move properties in Palam Vihar are priced at an average of ₹9,750 per sq ft, having appreciated by 6.04% compared to the previous period. Under Construction properties are currently valued at ₹13,100 per sq ft, with prices remaining stable at 0% change, reflecting a premium for newer inventory currently entering the market.
The average rental yield in Palam Vihar stands at 2.43% 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 residential assets in the locality.
Rental rates in Palam Vihar scale significantly with size, ranging from ₹14,950 per month for a Studio apartment to ₹1.27 Lakh per month for a 6 BHK unit as of June 2026. A 1 BHK unit averages ₹20,100 per month, while 2 BHK and 3 BHK units command ₹33,900 and ₹48,300 per month respectively, catering to a diverse tenant base from singles to large families.
As of June 2026, top projects for rentals include Ansal Plaza Gurgaon at ₹22 per sq ft, which has seen a depreciation of 8.33%, and Palam Vihar Residents Association at ₹21 per sq ft, which depreciated by 8.7%. A3S Homes also features prominently with a rental rate of ₹17 per sq ft, maintaining stable pricing with 0% change, offering varied options for tenants seeking established residential communities.
Rental rates across neighbourhoods near Palam Vihar are largely consistent at ₹50 per sq ft for many areas, though growth trends vary significantly. For instance, Sector 23a has seen a notable appreciation of 20% and Sector 110a an appreciation of 17.39%, while areas like Dharam Colony have experienced a depreciation of 11.54% as of June 2026, highlighting the importance of micro-market selection for rental income.
As of June 2026, Vigneshwara SOHO Next leads with a listing rate of ₹13,100 per sq ft, having appreciated by 25.55%. Other notable 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%), reflecting the premium positioning of these developments within the locality.
Buyers should view the consistent appreciation in apartment rates—up 6.19% as of June 2026—as a sign of a healthy, active market. When evaluating properties, it is useful to compare the current locality average of ₹11,850 per sq ft against specific project rates to determine if a property is priced at, above, or below the market average.
