Property rates in Sector 104 average ₹14,000 per sq ft. This sector has seen a slight adjustment in pricing over the last quarter, reflecting a balanced market environment. Investors and homebuyers are particularly drawn to the variety of residential options, with ready-to-move apartments showing positive growth. Additionally, the area maintains a rental yield of 2.40%, supported by a range of apartment configurations that cater to different tenant needs across the Dwarka Expressway.
Insights for Sector 104, Gurgaon Real Estate Market Overview
The real estate landscape in Sector 104 is characterized by a steady mix of established ready-to-move housing and active under-construction projects. Market rates have fluctuated slightly as the area matures, with current asking prices sitting at ₹14,000 per sq ft. Rental activity is notably active, offering a yield of 2.40% and providing consistent demand for apartment units of various sizes. Developers continue to focus on creating premium living spaces, which keeps the local market competitive against neighboring sectors along the Dwarka Expressway.
Ready-to-move properties have seen a price appreciation of 2.91%, currently averaging ₹12,250 per sq ft.
Under-construction projects are experiencing significant growth, with prices rising by 13.66% to reach an average of ₹12,050 per sq ft.
The shop segment remains a high-value category, commanding average prices of ₹26,900 per sq ft after a 7.01% increase.
Rental demand is strong for 4 BHK units, which average ₹63,650 per month, while 3 BHK units command ₹44,550 per month.
Hero Homes Palatial stands out as a premium residential project in the locality, currently priced at ₹17,800 per sq ft.
Market Strengths
The sector maintains a solid average asking price of ₹14,000 per sq ft for apartments, indicating sustained buyer interest.
Under-construction inventory is performing well with a 13.66% growth rate, showing confidence in future project deliveries.
Commercial shops are a standout segment with an average price of ₹26,900 per sq ft, highlighting the area's growing commercial viability.
Ready-to-move units, with 15 available options, provide immediate housing solutions for families and professionals.
Diverse apartment rental options ranging from studio units at ₹10,800 to 4 BHKs at ₹63,650 per month cater to a wide demographic.
Market Challenges
Villa properties have experienced a significant price correction of -21.45%, suggesting a shift in buyer preference toward apartment living.
New launch projects have seen a price decline of -12.04%, reflecting a more cautious market approach to upcoming inventory.
The overall rental market for apartments has faced a -17.65% change in average rental rates, indicating a need for competitive pricing to attract tenants.
Investment Opportunities
Under-construction projects show strong momentum with a 13.66% price increase, making them attractive for long-term capital appreciation.
Ready-to-move apartments offer steady growth at 2.91%, ideal for investors seeking immediate rental income.
Commercial shop spaces in the area have seen a 7.01% price increase, indicating high demand for retail infrastructure.
The 2.40% rental yield provides a consistent return for residential property owners looking for passive income.
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
The market in Sector 104 has navigated a period of price adjustment, moving from ₹13,650 per sq ft in September 2025 to ₹14,000 per sq ft by June 2026. After reaching a peak of ₹14,300 per sq ft in March 2026, the current rates reflect a consolidation phase. This trend highlights the sensitivity of the local micromarket to broader economic shifts along the Dwarka Expressway.
Sector 104 shares a competitive landscape with several nearby locations, each offering distinct value propositions. While Sector 106 and Sector 102a command higher premiums at ₹16,450 and ₹16,400 per sq ft respectively, Sector 104 maintains a more accessible entry point for investors. Meanwhile, areas like Sector 103 and Sector 3 offer lower entry rates at ₹12,000 and ₹12,300 per sq ft. This price diversity ensures that the Dwarka Expressway corridor provides options for a wide spectrum of budgets.
Sector 104 accommodates diverse buyer preferences through a range of property categories. Commercial shops lead the premium segment at ₹26,900 per sq ft, showing a robust growth of 7.01%. Residential apartments are priced at ₹14,000 per sq ft, while villa options are available at ₹9,200 per sq ft, reflecting a varied investment appetite across the locality.
The market provides flexibility through various development stages to suit different buyer timelines. Ready-to-move inventory is priced at ₹12,250 per sq ft with a 2.91% increase, while under-construction projects average ₹12,050 per sq ft, reflecting a strong 13.66% growth. New launches and partially ready units offer additional choice, ensuring buyers can balance their occupancy needs with current market pricing.
Project & Developer Insights
Top Residential Projects and Developers in Sector 104
Top Projectsin Sector 104
Signature Global City is the top project in Sector 104 with prices from ₹ 1.65 Cr to 2.12 Cr.
Premium residential developments in Sector 104 set high-value benchmarks for the locality. Hero Homes Palatial leads the market at ₹17,800 per sq ft, while Godrej Summit Phase II and Godrej Premia Tower both command ₹16,100 per sq ft. Other notable projects like Godrej Signature Homes and Hero Homes Phase 2 further solidify the area's reputation for high-quality residential infrastructure.
Top projects such as Hero Homes Phase 2 and Hero Homes Gurgaon lead the rental market with rates of ₹33 and ₹32 per sq ft, respectively. Other developments like Zara Aavaas and Puri Emerald Bay offer varied rental price points, providing tenants with multiple options along the Dwarka Expressway.
Rental Trends
Rental Trends and Average Rent in Sector 104, Gurgaon
Rental options in Sector 104 range from studio apartments at an average of ₹10,800 per month to spacious 4 BHK units at ₹63,650 per month. Mid-range 2 BHK and 3 BHK apartments are priced at ₹23,850 and ₹44,550 per month respectively, offering a variety of choices for residential tenants. Rental rates across the surrounding areas remain competitive, with many locations such as Sector 103, Sector 4, and Sector 106 averaging ₹50 per sq ft. While some sectors like Sector 4 have seen significant rental growth, others show more stable trends, contributing to the overall rental landscape of the region. Apartments in Sector 104 currently average ₹50 per sq ft. This segment has experienced a -17.65% change, reflecting the broader rental market dynamics currently present in the locality. Top projects such as Hero Homes Phase 2 and Hero Homes Gurgaon lead the rental market with rates of ₹33 and ₹32 per sq ft, respectively. Other developments like Zara Aavaas and Puri Emerald Bay offer varied rental price points, providing tenants with multiple options along the Dwarka Expressway.
Rental options in Sector 104 range from studio apartments at an average of ₹10,800 per month to spacious 4 BHK units at ₹63,650 per month. Mid-range 2 BHK and 3 BHK apartments are priced at ₹23,850 and ₹44,550 per month respectively, offering a variety of choices for residential tenants.
Rental rates across the surrounding areas remain competitive, with many locations such as Sector 103, Sector 4, and Sector 106 averaging ₹50 per sq ft. While some sectors like Sector 4 have seen significant rental growth, others show more stable trends, contributing to the overall rental landscape of the region.
Apartments in Sector 104 currently average ₹50 per sq ft. This segment has experienced a -17.65% change, reflecting the broader rental market dynamics currently present in the locality.
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 the previous period, indicating a slight softening in property values within this locality.
How have property price trends evolved in Sector 104 over the last year?
Property price trends 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 a peak of ₹14,300 per sq ft in March 2026, before settling at ₹14,000 per sq ft as of June 2026. This movement suggests a period of price correction following the growth 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 significant gap between the market-driven asking price and the government-notified rate is a common characteristic in developing urban sectors and is a key metric for buyers to consider when calculating total acquisition costs, including stamp duty and registration fees.
What are the price differences between various 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, which has appreciated by 7.01% compared to the previous period. Apartments are priced at an average of ₹14,000 per sq ft, reflecting a depreciation of 2.12%, while villas are priced at ₹9,200 per sq ft, showing a notable depreciation of 21.45% over the same timeframe.
How do property prices in Sector 104 differ based on project status?
Property prices in Sector 104 as of June 2026 are influenced by project completion status. Ready to move properties are priced at ₹12,250 per sq ft, having appreciated by 2.91%, while under construction projects are priced at ₹12,050 per sq ft, showing a strong appreciation of 13.66%. Meanwhile, new launch projects are currently at ₹13,350 per sq ft, which represents a depreciation of 12.04% compared to the previous period.
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 the previous period. The locality currently offers a rental yield of 2.40%, a metric that helps investors gauge the annual income potential of their property relative to the current purchase price.
What is the BHK-wise rental pattern in Sector 104?
Rental rates in Sector 104 as of June 2026 vary by unit size, catering to different tenant profiles. Monthly rents average ₹10,800 for a Studio, ₹11,350 for a 1 BHK, ₹23,850 for a 2 BHK, ₹44,550 for a 3 BHK, and ₹63,650 for a 4 BHK. This range allows prospective tenants to choose properties that align with their budget and space requirements within the locality.
Which projects in Sector 104 command the highest rental rates?
As of June 2026, the top projects by rental rate 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%). These projects command premium rents due to their specific amenities and location advantages within the sector, reflecting strong demand for quality rental inventory.
How do rental rates in Sector 104 compare to nearby areas?
Rental rates in Sector 104 are currently ₹28 per sq ft, while several nearby sectors like Sector 103, Sector 4, and Sector 106 maintain an average rental rate of ₹50 per sq ft. Specifically, Sector 103 has seen a significant rental appreciation of 42.86%, and Sector 4 has experienced a 63.16% increase as of June 2026, suggesting that surrounding micromarkets are currently experiencing higher rental demand than Sector 104.
Which projects in Sector 104 have the highest listing rates?
As of June 2026, the projects with the highest listing rates in Sector 104 include Hero Homes Palatial at ₹17,800 per sq ft (up 2.64%) and Godrej Summit Phase II at ₹16,100 per sq ft (up 2.15%). Other prominent projects like Godrej Premia Tower also list at ₹16,100 per sq ft, having shown a substantial appreciation of 57.75%, which highlights the premium positioning of these developments in the local market.
