Property rates in Sector 104 average ₹14,300 per sq ft, reflecting a steady upward trend over the last three quarters. The market shows strong momentum, with apartment prices rising by 2.07%. Rental activity remains active as well, with an average yield of 2.85% and monthly rents for apartments reaching up to ₹57,850 for larger units. This growth highlights the area's increasing appeal for both long-term investors and those seeking immediate residential options.
Insights for Sector 104, Gurgaon Real Estate Market Overview
Sector 104 is a rapidly evolving residential hub in Gurgaon, characterized by consistent price appreciation and a diverse supply of housing options. Recent quarterly data shows the average rate climbing from ₹13,650 in late 2025 to its current level, supported by a healthy mix of ready-to-move and under-construction projects. The rental market is equally robust, offering varied choices for tenants while maintaining steady yields. Developers are actively shaping the landscape with projects that cater to varying buyer budgets and possession timelines.
Apartment prices have seen a positive growth of 2.07% over the past year.
Under-construction projects have surged in value by 27.14%, indicating high demand for new supply.
Rental rates for 4 BHK apartments average ₹57,850 per month, the highest among residential configurations.
Commercial shop spaces command a premium, averaging ₹26,900 per sq ft.
The area maintains a competitive rental yield of 2.85% for property investors.
Market Strengths
Consistent quarterly price growth from ₹13,650 to ₹14,300 per sq ft confirms long-term market stability.
Strong demand for established residential units is evident in the 2.97% price increase for ready-to-move projects.
Diverse inventory ranging from ₹8,050 to ₹16,650 per sq ft accommodates various investment capacities.
High-end projects like Delphine Central Park Estates anchor the market at premium price levels.
Rental demand remains supported by a wide range of BHK configurations reaching up to ₹57,850 per month.
Market Challenges
New launch projects have experienced a price correction of -11.78%.
Villa segment pricing has seen a decline of -21.45% over the recent period.
Average rental rates have faced a -5.56% downward shift, impacting short-term rental income growth.
Investment Opportunities
Under-construction projects offer significant capital appreciation potential with a 27.14% increase in rates.
Rental yields of 2.85% provide a stable income stream for residential property investors.
Commercial shops present a high-value investment opportunity at an average rate of ₹26,900 per sq ft.
Mid-stage development projects show strong growth potential, having recorded a 20.92% increase in pricing.
Top Localities in Sector 104, Gurgaon
Sector 4
Avg Price₹ 10,500 /Sq.Ft.
Avg Rent₹ 19 /Sq.Ft.
YIELD
+ 2.17
LISTINGS
35
Sector 9A
Avg Price₹ 7,450 /Sq.Ft.
Avg Rent₹ 15 /Sq.Ft.
YIELD
+ 2.42
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 demonstrated a clear upward trajectory, moving from ₹13,650 per sq ft in September 2025 to ₹14,300 per sq ft by March 2026. This consistent growth of ₹650 per sq ft over two quarters highlights a stable and appreciating market. The micromarket has similarly tracked this growth, rising from ₹13,300 to ₹14,000 per sq ft in the same timeframe.
Sector 104 sits within a cluster of prominent Gurgaon locations, each offering distinct price points. Nearby Sector 106 commands a higher premium at ₹16,450 per sq ft, while Sector 102 and Sector 3 are priced at ₹13,150 and ₹13,100 per sq ft, respectively. Additionally, Sector 9 offers a more entry-level price point at ₹8,050 per sq ft. These variations allow buyers to choose between premium corridors and more accessible residential sectors.
Sector 104 caters to diverse buyer preferences across property categories. Commercial shops lead the premium segment at ₹26,900 per sq ft, showing a growth of 7.01%. Residential apartments are priced at ₹14,300 per sq ft with a 2.07% increase, while villas are available at ₹9,200 per sq ft following a -21.45% change.
The Sector 104 market offers properties across various development stages. Ready-to-move inventory, comprising 15 units, averages ₹11,650 per sq ft with a 2.97% increase, appealing to those seeking immediate occupancy. Under-construction projects present 3 opportunities at ₹12,150 per sq ft with a sharp 27.14% growth, while new launches are priced at ₹16,650 per sq ft.
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 in Sector 104 set a high-value benchmark for the area. Delphine Central Park Estates leads at ₹27,800 per sq ft, while Hero Homes Palatial is priced at ₹17,350 per sq ft with a 1.1% increase. Indiabulls Estate And Club and Godrej Summit Phase II follow closely, priced at ₹15,900 and ₹15,750 per sq ft, respectively. These developments reflect the aspirational nature of the local real estate market.
Hero Homes Phase 2 leads the rental market with a rate of ₹33 per sq ft and a 10% increase. Other notable projects include Hero Homes Gurgaon at ₹32 per sq ft and Zara Aavaas at ₹30 per sq ft, which has seen a significant 25% growth in rental value.
Rental Trends
Rental Trends and Average Rent in Sector 104, Gurgaon
Rental rates vary significantly by unit size, with 2 BHK apartments averaging ₹40,300 per month. 3 BHK units command an average monthly rent of ₹47,100, while 4 BHK properties represent the premium end of the rental segment at ₹57,850 per month. Rental rates across the surrounding area are fairly uniform, with most locations such as Sector 103, Sector 4, and Sector 106 averaging ₹50 per sq ft. Sector 102a has shown notable growth with a 14.81% increase, whereas Panwala Khusropur has seen a -7.41% adjustment in rental pricing. Apartments in Sector 104 currently average ₹50 per sq ft for rental purposes. This segment has experienced a -5.56% change in rates, reflecting current market adjustments for residential leasing. Hero Homes Phase 2 leads the rental market with a rate of ₹33 per sq ft and a 10% increase. Other notable projects include Hero Homes Gurgaon at ₹32 per sq ft and Zara Aavaas at ₹30 per sq ft, which has seen a significant 25% growth in rental value.
Rental rates vary significantly by unit size, with 2 BHK apartments averaging ₹40,300 per month. 3 BHK units command an average monthly rent of ₹47,100, while 4 BHK properties represent the premium end of the rental segment at ₹57,850 per month.
Rental rates across the surrounding area are fairly uniform, with most locations such as Sector 103, Sector 4, and Sector 106 averaging ₹50 per sq ft. Sector 102a has shown notable growth with a 14.81% increase, whereas Panwala Khusropur has seen a -7.41% adjustment in rental pricing.
Apartments in Sector 104 currently average ₹50 per sq ft for rental purposes. This segment has experienced a -5.56% change in rates, reflecting current market adjustments for residential leasing.
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 ₹14,300 per sq ft. This figure reflects an appreciation of 2.07% compared to the previous period, indicating a steady demand for residential properties in this locality. For context, the Government Registration Rate in the area is currently ₹5,800 per sq ft.
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. As of June 2026, the average asking price reached ₹14,300 per sq ft, rising from ₹14,000 per sq ft in March 2026 and ₹13,650 per sq ft in September 2025. This steady growth suggests a resilient market with sustained interest from both end-users and investors.
How do property prices in Sector 104 vary by property type?
Property prices in Sector 104 vary significantly by type as of June 2026. Apartments currently command an average of ₹14,300 per sq ft, which has appreciated by 2.07% over the measured period. Meanwhile, shops are priced at ₹26,900 per sq ft, showing a strong appreciation of 7.01%. Conversely, villas are priced at ₹9,200 per sq ft, having experienced a depreciation of 21.45% compared to the previous period.
What is the price difference between ready-to-move and under-construction projects in Sector 104?
As of June 2026, ready-to-move properties in Sector 104 are priced at an average of ₹11,650 per sq ft, reflecting an appreciation of 2.97%. In contrast, under-construction projects are currently averaging ₹12,150 per sq ft, which represents a significant appreciation of 27.14% over the comparison period. This pricing gap often reflects the premium buyers are willing to pay for newer developments or specific project amenities currently under construction.
What are the rental market dynamics in Sector 104?
The average rental rate in Sector 104 stands at ₹34 per sq ft as of June 2026, which has seen a depreciation of 5.56% compared to the previous period. The current rental yield for the area is 2.85%, a key metric for investors to evaluate the income potential of their property relative to the capital investment required for purchase.
What is the BHK-wise rental pattern for apartments in Sector 104?
As of June 2026, rental rates for apartments in Sector 104 show a clear progression based on unit size. A 2 BHK apartment averages ₹40,300 per month, a 3 BHK unit averages ₹47,100 per month, and a 4 BHK unit averages ₹57,850 per month. This tiered pricing allows prospective tenants to choose a configuration that aligns with their space requirements and budget.
Which projects in Sector 104 command the highest rental rates?
As of June 2026, several projects lead the rental market in Sector 104. Hero Homes Phase 2 is at the forefront with a rental rate of ₹33 per sq ft, having appreciated by 10%. Other notable projects include Hero Homes Gurgaon at ₹32 per sq ft (up 3.23%), Zara Aavaas at ₹30 per sq ft (up 25%), and Yashika 104 at ₹28 per sq ft (stable). These rates reflect the varying levels of amenities and project positioning within the locality.
How do property prices in Sector 104 compare to nearby sectors?
Sector 104, with its average asking price of ₹14,300 per sq ft as of June 2026, sits in a competitive range compared to surrounding areas. For instance, Sector 106 commands a higher average of ₹16,450 per sq ft (up 8%), while Sector 102 is priced at ₹13,150 per sq ft (up 1.87%). Sector 9 remains more affordable at ₹8,050 per sq ft, showing a modest appreciation of 0.19%.
What are the most expensive residential projects in Sector 104 based on listing rates?
As of June 2026, Delphine Central Park Estates is the most premium project in Sector 104 with a listing rate of ₹27,800 per sq ft, though it has seen a depreciation of 5.21%. Other high-value projects include Hero Homes Palatial at ₹17,350 per sq ft (up 1.1%) and Indiabulls Estate And Club at ₹15,900 per sq ft (up 2.59%). These projects are often favored for their premium infrastructure and strategic location.
How should investors interpret the rental yield in Sector 104?
The rental yield of 2.85% in Sector 104 as of June 2026 provides a baseline for investors to understand the annual income return relative to the property's purchase price. While this yield represents the current income potential, investors should also consider the historical price appreciation of the area, such as the 2.07% growth in apartment prices, to assess the total return on investment over the long term.