Property rates in Sector 104 average ₹14,300 per sq ft, reflecting a steady upward trend over the past few quarters. This growth is supported by a diverse inventory of residential apartments and high-value commercial shop spaces. With a rental yield of 2.85%, the sector presents a balanced profile for investors looking for both capital appreciation and consistent rental income, particularly within its well-connected location along the Dwarka Expressway.
Insights for Sector 104, Gurgaon Real Estate Market Overview
Sector 104 has emerged as a prominent residential and commercial hub in Gurgaon, characterized by a consistent rise in property valuations. Recent quarterly data shows a steady climb from ₹13,250 per sq ft in June 2025 to the current average of ₹14,300 per sq ft. The market displays a healthy mix of ready-to-move projects and under-construction developments, catering to diverse buyer timelines and investment strategies. Rental activity remains active, with apartment rents reflecting current market demand and strong infrastructure connectivity.
Apartment prices have seen a positive growth of 2.07% over the last year.
Commercial shops command a premium average price of ₹26,900 per sq ft with a 7.01% annual growth.
Under-construction projects have shown significant interest, with rates rising by 27.14%.
The average rental yield in the sector stands at 2.85%, offering reliable returns for investors.
Mid-stage projects have seen an impressive 20.92% increase in average rates.
Market Strengths
Consistent quarterly price appreciation from ₹13,250 to ₹14,300 per sq ft.
Strong performance of ready-to-move inventory with a 2.97% annual price increase.
Healthy rental demand for 3 BHK apartments, averaging ₹47,100 per month.
High-value premium project benchmarks like Delphine Central Park Estates at ₹27,800 per sq ft.
Diverse inventory mix ranging from affordable mid-stage projects to luxury new launches.
Market Challenges
New launch projects have experienced a price correction of -11.78% over the past year.
Villa segment pricing has seen a significant decline of -21.45%.
Average rental rates for apartments have adjusted by -5.56% year-on-year.
Partially ready-to-move projects have seen a minor price dip of -0.5%.
Investment Opportunities
Commercial shop spaces offer a high entry price of ₹26,900 per sq ft with a strong 7.01% annual appreciation.
Under-construction residential projects show high momentum with a 27.14% annual rate increase.
Mid-stage development projects provide an attractive entry point with a 20.92% growth rate.
The 2.85% rental yield offers a consistent return profile for residential apartment investors.
4 BHK apartments generate a monthly rental income of ₹57,850, reflecting high demand for larger family units.
Top Localities in Sector 104, Gurgaon
Sector 4
Avg Price₹ 10,500 /sqft
Avg Rent₹ 19 /sq
ft
YIELD
+ 2.17
LISTINGS
35
Sector 9A
Avg Price₹ 7,450 /sqft
Avg Rent₹ 15 /sq
ft
YIELD
+ 2.42
Sector 105
Avg Price₹ 10,300 /sqft
LISTINGS
11
Price Trend
Sector 104, Gurgaon Property Price Trends and Appreciation
The market in Sector 104 has shown consistent appreciation, moving from ₹13,250 per sq ft in June 2025 to ₹13,650 per sq ft by September 2025. This momentum continued through December 2025 as rates reached ₹14,000 per sq ft. Currently, the location average stands at ₹14,300 per sq ft as of March 2026, outpacing the broader micromarket average of ₹14,000 per sq ft.
Sector 104 maintains competitive positioning when compared to its neighbors. It commands a premium over sectors like Sector 3, which averages ₹13,100 per sq ft, and Sector 102, which is priced at ₹13,150 per sq ft. Meanwhile, it remains more accessible than the premium Sector 102a and Sector 106, both of which hover around the ₹16,450 to ₹16,500 per sq ft range. This pricing hierarchy highlights the sector's balanced value proposition for residents and investors alike.
Sector 104 offers a versatile real estate landscape, with commercial shops leading the premium segment at ₹26,900 per sq ft, marking a 7.01% annual increase. Residential apartments, the core of the local market, are priced at an average of ₹14,300 per sq ft with a 2.07% growth. Meanwhile, villas are currently available at ₹9,200 per sq ft, reflecting a market adjustment of -21.45%.
The market provides varied options based on development status, with Ready To Move inventory averaging ₹11,650 per sq ft across 15 units. Under Construction projects are priced at ₹12,150 per sq ft, showing a robust 27.14% increase, while New Launch projects command a premium at ₹16,650 per sq ft. This range allows buyers to choose between immediate occupancy and long-term capital growth potential.
Project & Developer Insights
Top Residential Projects and Developers in Sector 104
Top Projectsin Sector 104
Krisumi Waterside Residences The Forest Reserve is the top project in Sector 104 with prices from ₹ 6.29 Cr to 8.35 Cr.
Premium residential developments define the skyline of Sector 104, with projects like Delphine Central Park Estates leading at ₹27,800 per sq ft. Hero Homes Palatial follows with a competitive rate of ₹17,350 per sq ft, while Indiabulls Estate And Club and Godrej Summit Phase II maintain strong benchmarks at ₹15,900 per sq ft and ₹15,750 per sq ft, respectively. These projects represent the aspirational segment of the area, consistently attracting interest from high-end buyers.
Hero Homes Phase 2 leads the rental market with a current rate of ₹33 per sq ft, marking a 10% increase. Other notable projects include Hero Homes Gurgaon at ₹32 per sq ft, Zara Aavaas at ₹30 per sq ft, and Yashika 104 at ₹28 per sq ft, demonstrating a variety of rental price points for tenants.
Rental Trends
Rental Trends and Average Rent in Sector 104, Gurgaon
Rental demand is segmented by unit size, with 2 BHK apartments averaging ₹40,300 per month. Larger 3 BHK units command an average rent of ₹47,100 per month, while 4 BHK apartments represent the premium rental segment at ₹57,850 per month. Rental rates across the surrounding area are largely uniform, with locations such as Dhanwapur, Sector 103, and Sector 106 all averaging ₹50 per sq ft. Sector 9a and Panwala Khusropur have experienced fluctuations, with the former seeing a change of -6.25% and the latter a change of -7.41%. Apartments currently dominate the rental landscape in Sector 104, averaging ₹50 per sq ft. This segment has experienced a year-on-year adjustment of -5.56%, reflecting broader market shifts in rental demand. Hero Homes Phase 2 leads the rental market with a current rate of ₹33 per sq ft, marking a 10% increase. Other notable projects include Hero Homes Gurgaon at ₹32 per sq ft, Zara Aavaas at ₹30 per sq ft, and Yashika 104 at ₹28 per sq ft, demonstrating a variety of rental price points for tenants.
Rental demand is segmented by unit size, with 2 BHK apartments averaging ₹40,300 per month. Larger 3 BHK units command an average rent of ₹47,100 per month, while 4 BHK apartments represent the premium rental segment at ₹57,850 per month.
Rental rates across the surrounding area are largely uniform, with locations such as Dhanwapur, Sector 103, and Sector 106 all averaging ₹50 per sq ft. Sector 9a and Panwala Khusropur have experienced fluctuations, with the former seeing a change of -6.25% and the latter a change of -7.41%.
Apartments currently dominate the rental landscape in Sector 104, averaging ₹50 per sq ft. This segment has experienced a year-on-year adjustment of -5.56%, reflecting broader market shifts in rental demand.
Frequently Asked Questions About Property Rates in Sector 104, Gurgaon
What is the current average asking price in Sector 104, Gurgaon?
As of March 2026, the average asking price in Sector 104 is ₹14,300 per sq ft. This figure reflects an appreciation of 2.07% compared to previous periods, indicating a steady and resilient demand for residential properties in this micromarket.
How have property prices in Sector 104 trended recently?
Property prices in Sector 104 have shown a consistent upward trajectory over the last few quarters. Data from March 2026 shows an average asking price of ₹14,300 per sq ft, rising from ₹14,000 per sq ft in December 2025, ₹13,650 per sq ft in September 2025, and ₹13,250 per sq ft in June 2025. This steady quarter-over-quarter growth signals sustained buyer interest and confidence in the locality's development.
How does the average asking price in Sector 104 compare to the Government Registration Rate?
The average asking price in Sector 104 is currently ₹14,300 per sq ft, while the Government Registration Rate stands at ₹5,800 per sq ft as of March 2026. Buyers should note that the market-driven asking price is significantly higher than the government-notified registration value, a common scenario in developing urban sectors that reflects the premium placed on amenities, infrastructure, and project quality.
What is the price difference between Ready To Move and Under Construction properties in Sector 104?
As of March 2026, Ready To Move properties in Sector 104 are priced at an average of ₹11,650 per sq ft, having appreciated by 2.97% over the observed period. In contrast, Under Construction projects are priced at ₹12,150 per sq ft, which represents a substantial appreciation of 27.14%. This pricing dynamic suggests that while Ready To Move units offer immediate possession, the high growth in Under Construction rates reflects strong investor optimism regarding future project delivery and value appreciation.
What are the rental rates for different BHK configurations in Sector 104?
In Sector 104, rental rates vary significantly by unit size as of March 2026. A 2 BHK apartment typically commands an average rent of ₹40,300 per month, while 3 BHK units average ₹47,100 per month. For larger space requirements, 4 BHK apartments are available at an average of ₹57,850 per month. These figures help tenants and landlords gauge the market standard for residential leasing in the area.
What is the rental yield in Sector 104 and what does it signify for investors?
The rental yield in Sector 104 is currently 2.85% as of March 2026. This yield represents the annual rental income relative to the capital investment in a property. For investors, this percentage serves as a key indicator of the income-generating potential of residential assets in the locality, helping them balance the benefits of long-term capital appreciation against immediate rental returns.
Which projects in Sector 104 command the highest rental rates?
As of March 2026, the top projects by rental rates in Sector 104 include Hero Homes Phase 2 at ₹33 per sq ft (which appreciated by 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, Hero Homes Palatial at ₹27 per sq ft (which saw a depreciation of 6.9%), Puri Emerald Bay at ₹26 per sq ft, and ATS Triumph at ₹23 per sq ft. These rates reflect the varying premium levels based on project age, facilities, and location within the sector.
How do property prices in Sector 104 compare to nearby sectors?
Property prices vary across the region as of March 2026. While Sector 104 averages ₹14,300 per sq ft, nearby areas show different valuations: Sector 106 is higher at ₹16,450 per sq ft (up 8%), and Sector 102a is also premium at ₹16,500 per sq ft (stable at 0% change). More affordably priced options include Sector 3 at ₹13,100 per sq ft (up 6.69%) and Sector 9 at ₹8,050 per sq ft (up 0.19%). Comparing these rates helps buyers identify which micromarkets align best with their budget and investment goals.
What are the most expensive property types in Sector 104?
As of March 2026, shops are the most expensive property type in Sector 104, averaging ₹26,900 per sq ft, which reflects an appreciation of 7.01%. Apartments follow with an average price of ₹14,300 per sq ft (up 2.07%). Villas are currently priced at ₹9,200 per sq ft, having experienced a depreciation of 21.45% compared to the previous period, which may indicate a shift in market preference or supply dynamics for that specific property type.
How should a buyer interpret the price trends in Sector 104?
A buyer should view the consistent price growth in Sector 104, where the average asking price reached ₹14,300 per sq ft in March 2026, as a sign of a maturing market. The upward trend from ₹13,250 per sq ft in June 2025 to the current level suggests that the area is seeing sustained demand. When using this data for decision-making, it is recommended to compare these locality-wide averages against specific project listing rates to identify whether a property is priced competitively relative to the market trend.
