Property rates in Sector 104 average ₹14,000 per sq ft, reflecting a stable yet evolving real estate landscape in Gurgaon. The market presents a diverse range of options, with shop spaces commanding a premium at ₹26,900 per sq ft. Rental yields currently sit at 2.40%, providing a steady income stream for investors. With ready-to-move projects like Hero Homes and Godrej developments leading the area, the sector remains a key residential destination along the expressway.
Insights for Sector 104, Gurgaon Real Estate Market Overview
Sector 104 has solidified its position as a key residential hub along the Dwarka Expressway, offering a mix of modern apartments and premium commercial spaces. The market has seen a recent shift in pricing, with current apartment rates hovering around ₹14,000 per sq ft. Rental activity is equally vibrant, with a variety of BHK configurations catering to different lifestyle needs and a rental yield of 2.40%. Developers continue to focus on delivering high-quality residential projects that align with the growing demand for connectivity and modern amenities in the Gurgaon region.
Apartment rates in the sector currently average ₹14,000 per sq ft, reflecting a slight adjustment of -2.12%.
Commercial shop spaces are the most premium segment, currently priced at ₹26,900 per sq ft with a positive growth of 7.01%.
Ready-to-move inventory is priced at ₹12,250 per sq ft, while under-construction projects are currently averaging ₹12,050 per sq ft.
Rental demand is robust for 3 BHK and 4 BHK units, with average monthly rents of ₹44,550 and ₹63,650 respectively.
Top projects like Hero Homes Palatial and Godrej Premia Tower continue to drive significant interest, with rates reaching up to ₹17,800 per sq ft.
Market Strengths
Strong premium segment led by top-tier developers with project rates reaching ₹17,800 per sq ft.
Diverse residential supply with over 15 ready-to-move projects available for immediate occupancy.
Robust rental demand for larger apartment configurations like 3 BHK and 4 BHK units.
Strategic location along the Dwarka Expressway continues to attract long-term residential interest.
Commercial shop segment shows strong performance with rates reaching ₹26,900 per sq ft.
Market Challenges
Villa segment has experienced a significant price correction of -21.45%, reflecting softer demand in this category.
New launch projects have seen a price adjustment of -12.04%, indicating a competitive supply environment.
Rental rates have faced downward pressure in some categories, with an overall average change of -17.65%.
Projects on hold represent a small portion of the market, currently priced at ₹8,100 per sq ft.
Investment Opportunities
Commercial shop spaces offer high capital appreciation potential with a 7.01% annual growth rate.
Rental yield of 2.40% provides a stable secondary income stream for apartment owners.
Under-construction projects currently priced at ₹12,050 per sq ft offer significant potential for appreciation upon completion.
Ready-to-move projects at ₹12,250 per sq ft provide immediate rental income opportunities for investors.
Top Localities in Sector 104, Gurgaon
Sector 4
Avg Price₹ 10,500 /Sq.Ft.
Avg Rent₹ 31 /Sq.Ft.
YIELD
+ 3.54
LISTINGS
31
Sector 9A
Avg Price₹ 7,450 /Sq.Ft.
Avg Rent₹ 16 /Sq.Ft.
YIELD
+ 2.58
Sector 105
Avg Price₹ 10,300 /Sq.Ft.
LISTINGS
4
Price Trend
Sector 104, Gurgaon Property Price Trends and Appreciation
Property rates in Sector 104 have shown a dynamic trend over the last few quarters. After recording ₹13,650 per sq ft in September 2025, prices rose to ₹14,000 per sq ft by December 2025 and peaked at ₹14,300 per sq ft in March 2026. As of June 2026, the rate has moderated to ₹14,000 per sq ft, reflecting a period of price consolidation in the local market.
Real estate in the vicinity of Sector 104 exhibits varying price points across surrounding sectors. Sarai Allwardi commands a premium at ₹16,650 per sq ft, while Sector 106 and Sector 102a hover around the ₹16,400 to ₹16,450 per sq ft range. In contrast, locations such as Sector 103 and Sector 3 offer more accessible entry points, averaging between ₹12,000 and ₹12,300 per sq ft. These variations provide buyers with a spectrum of investment choices depending on their proximity to the expressway and local amenities.
Sector 104 offers a diverse range of property types to suit different investor needs. Shop spaces lead the market in value, currently averaging ₹26,900 per sq ft after a 7.01% increase. Residential apartments remain the primary choice for homebuyers at ₹14,000 per sq ft, while villas are available at a more competitive ₹9,200 per sq ft following a -21.45% adjustment.
The market provides varied options based on project completion status to help buyers manage their possession timelines. Ready-to-move projects, with 15 available units, average ₹12,250 per sq ft, while partially ready-to-move units are priced at ₹14,400 per sq ft. Under-construction inventory offers an entry point at ₹12,050 per sq ft, and new launches are currently priced at ₹13,350 per sq ft.
Project & Developer Insights
Top Residential Projects and Developers in Sector 104
Top Projectsin Sector 104
Hero Homes Palatial is the top project in Sector 104 with prices from ₹ 5.18 Cr to 6.40 Cr.
Premium residential developments define the high-value segment of Sector 104. Hero Homes Palatial stands out with an asking price of ₹17,800 per sq ft, reflecting a 2.64% increase. Godrej Premia Tower and Godrej Summit Phase II both command ₹16,100 per sq ft, while Godrej Signature Homes and Godrej Summit Phase IV are priced at ₹16,000 per sq ft. These projects collectively set the benchmark for luxury living in the locality.
Top projects in the locality show a range of rental valuations. Hero Homes Phase 2 leads with a rental rate of ₹33 per sq ft, showing a 10% increase, followed closely by Hero Homes Gurgaon at ₹32 per sq ft. Zara Aavaas and Yashika 104 are priced at ₹30 and ₹28 per sq ft respectively, while ATS Triumph and Puri Emerald Bay offer rental options at ₹23 to ₹26 per sq ft.
Rental Trends
Rental Trends and Average Rent in Sector 104, Gurgaon
Rental rates in Sector 104 vary significantly by unit size, catering to a wide range of tenants. Studio and 1 BHK apartments are available at monthly rents of ₹10,800 and ₹11,350 respectively. For families, 2 BHK units average ₹23,850 per month, while larger 3 BHK and 4 BHK apartments command monthly rents of ₹44,550 and ₹63,650. Rental rates in the surrounding areas are consistently positioned around ₹50 per sq ft. Locations like Sector 103 and Sector 4 have seen significant rental growth, with increases of 42.86% and 63.16% respectively. Other areas such as Sector 9a and Mohammad Heri Village also maintain a steady rental rate of ₹50 per sq ft. The rental market for apartments in Sector 104 is currently averaging ₹50 per sq ft. This sector-wide average reflects a shift of -17.65% compared to the previous year, highlighting the competitive nature of the current rental landscape. Top projects in the locality show a range of rental valuations. Hero Homes Phase 2 leads with a rental rate of ₹33 per sq ft, showing a 10% increase, followed closely by Hero Homes Gurgaon at ₹32 per sq ft. Zara Aavaas and Yashika 104 are priced at ₹30 and ₹28 per sq ft respectively, while ATS Triumph and Puri Emerald Bay offer rental options at ₹23 to ₹26 per sq ft.
Rental rates in Sector 104 vary significantly by unit size, catering to a wide range of tenants. Studio and 1 BHK apartments are available at monthly rents of ₹10,800 and ₹11,350 respectively. For families, 2 BHK units average ₹23,850 per month, while larger 3 BHK and 4 BHK apartments command monthly rents of ₹44,550 and ₹63,650.
Rental rates in the surrounding areas are consistently positioned around ₹50 per sq ft. Locations like Sector 103 and Sector 4 have seen significant rental growth, with increases of 42.86% and 63.16% respectively. Other areas such as Sector 9a and Mohammad Heri Village also maintain a steady rental rate of ₹50 per sq ft.
The rental market for apartments in Sector 104 is currently averaging ₹50 per sq ft. This sector-wide average reflects a shift of -17.65% compared to the previous year, highlighting the competitive nature of the current rental landscape.
Frequently Asked Questions About Property Rates in Sector 104, Gurgaon
What is the current average asking price in Sector 104, Gurgaon?
As of June 2026, the average asking price in Sector 104 is ₹14,000 per sq ft. This figure reflects a market depreciation of 2.12% compared to previous periods, indicating a slight softening in the local residential property market.
How have property prices in Sector 104 trended over the last year?
Property prices in Sector 104 have shown a fluctuating trajectory from September 2025 to June 2026. The average asking price moved from ₹13,650 per sq ft in September 2025 to ₹14,000 per sq ft in December 2025, peaked at ₹14,300 per sq ft in March 2026, and settled at ₹14,000 per sq ft as of June 2026. This trend suggests a period of price correction following the peak observed in the first quarter of 2026.
How does the average asking price in Sector 104 compare to the Government Registration Rate?
The average asking price in Sector 104 is currently ₹14,000 per sq ft, while the Government Registration Rate stands at ₹5,800 per sq ft as of June 2026. This variance between the market-driven asking price and the government-notified rate is a common observation in developing micromarkets and is an important factor for buyers to consider when calculating total acquisition costs, including stamp duty and registration fees.
What are the average prices for different property types in Sector 104?
As of June 2026, property prices in Sector 104 vary significantly by type. Shops command the highest average price at ₹26,900 per sq ft, having appreciated by 7.01%. Apartments are priced at an average of ₹14,000 per sq ft, reflecting a depreciation of 2.12%. Meanwhile, villas are available at an average of ₹9,200 per sq ft, which marks a significant depreciation of 21.45% compared to the prior period.
How do property prices differ based on project status in Sector 104?
As of June 2026, pricing in Sector 104 is influenced by project completion status. Ready To Move projects are priced at ₹12,250 per sq ft (up 2.91%), while Under Construction projects average ₹12,050 per sq ft (up 13.66%). Partially Ready To Move units are currently at ₹14,400 per sq ft (up 5.52%), and New Launch projects are priced at ₹13,350 per sq ft (down 12.04%). This data helps buyers weigh the premium of immediate possession against the potential appreciation of under-construction assets.
What is the average rental rate and rental yield in Sector 104?
As of June 2026, the average rental rate in Sector 104 is ₹28 per sq ft, which has seen a depreciation of 17.65% compared to previous periods. The locality currently offers a rental yield of 2.40%. For investors, this yield provides a baseline for understanding the potential annual income relative to the capital investment required for property in this area.
What are the typical monthly rental rates for different BHK configurations in Sector 104?
As of June 2026, rental rates in Sector 104 vary by unit size to accommodate different tenant profiles. Studio apartments average ₹10,800 per month, while 1 BHK units are at ₹11,350 per month. Larger family-sized units command higher premiums, with 2 BHK units averaging ₹23,850 per month, 3 BHK units at ₹44,550 per month, and 4 BHK units reaching an average of ₹63,650 per month.
Which projects in Sector 104 currently command the highest rental rates?
As of June 2026, the top projects by rental rates in Sector 104 include Hero Homes Phase 2 at ₹33 per sq ft (up 10%), Hero Homes Gurgaon at ₹32 per sq ft (up 3.23%), and Zara Aavaas at ₹30 per sq ft (up 25%). Other notable projects include Yashika 104 at ₹28 per sq ft (stable), Hero Homes Palatial at ₹27 per sq ft (down 6.9%), Puri Emerald Bay at ₹26 per sq ft (stable), and ATS Triumph at ₹23 per sq ft (stable). These rates highlight the premium that specific, well-maintained residential complexes command in the local rental market.
How should a buyer interpret the property rate data provided for Sector 104?
Users should use the data for Sector 104 as a benchmark to compare asking prices against market trends and project-specific valuations. By observing the price movement of different property types and statuses as of June 2026, buyers can identify whether they are paying a premium for ready-to-move inventory or finding value in under-construction projects. Always cross-reference these market averages with the specific listing rates of individual projects to ensure a well-informed investment decision.
