Property rates in Sector 104 average ₹14,300 per sq ft, reflecting a period of steady market adjustments. The locality maintains a competitive edge with a diverse inventory, where premium commercial shops command up to ₹26,900 per sq ft. Investors are taking note of the 2.85% rental yield, which highlights the area's growing appeal as a residential and commercial hub along the Dwarka Expressway, balancing capital appreciation with consistent rental demand.
Insights for Sector 104, Gurgaon Real Estate Market Overview
The real estate landscape in Sector 104 continues to evolve, balancing residential growth with commercial demand. While apartment prices have seen a slight adjustment of -1.48%, the market remains anchored by high-demand projects like Delphine Central Park Estates and Hero Homes Palatial. Rental activity is robust, with an average yield of 2.85% supported by a wide range of housing options from studios to spacious 4 BHK units. Developers are actively catering to shifting buyer preferences, as seen in the varied performance across under-construction and ready-to-move segments.
Commercial shops lead the market with an average price of ₹26,900 per sq ft, showing a notable growth of 7.01%.
Under-construction projects are gaining significant traction, with prices rising by 10.82% to reach an average of ₹10,600 per sq ft.
Ready-to-move apartments offer stable value at ₹11,900 per sq ft, having grown by 5.07%.
Rental rates for 3 BHK units average ₹47,100 per month, providing a steady income stream for property owners.
New launch projects are currently priced at ₹15,150 per sq ft, presenting a high-value entry point for investors.
Market Strengths
Commercial shop segment shows robust growth of 7.01%.
Under-construction projects are performing well with a 10.82% price appreciation.
Ready-to-move units maintain a healthy growth rate of 5.07%.
Diverse rental options range from studio apartments to spacious 4 BHK units.
The locality supports a solid 2.85% rental yield.
Market Challenges
Villa prices have experienced a decline of -21.45%, suggesting a soft market for this segment.
New launch project prices have adjusted by -19.69%, indicating a cooling in initial demand.
The overall apartment rental market has seen a decrease of -17.65% in average rates per sq ft.
Investment Opportunities
Under-construction residential projects offer strong growth potential with a 10.82% price increase.
Commercial shop investments provide a high premium at ₹26,900 per sq ft with 7.01% growth.
Rental yield of 2.85% makes residential properties attractive for long-term income generation.
Ready-to-move projects provide immediate rental income potential with a steady 5.07% value growth.
Top Localities in Sector 104, Gurgaon
Sector 4
Avg Price₹ 10,500 /Sq.Ft.
Avg Rent₹ 19 /Sq.Ft.
YIELD
+ 2.17
LISTINGS
32
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 shown dynamic movement, starting at ₹13,650 per sq ft in September 2025 and rising to ₹14,300 per sq ft by March 2026. Following this peak, the market adjusted slightly to ₹14,100 per sq ft in June 2026. This trend reflects the ongoing stabilization of the locality as it matures.
Sector 104 is surrounded by several key localities that offer varied price points for potential buyers. Sector 106 commands a premium at ₹16,450 per sq ft, while Sector 102a remains at a similar high of ₹16,500 per sq ft. In contrast, Sector 102 and Sector 103 are priced more accessibly at ₹13,150 per sq ft and ₹14,300 per sq ft, respectively. Sector 3 offers a more budget-friendly entry at ₹13,100 per sq ft, whereas Sector 9 remains the most affordable option at ₹8,050 per sq ft.
The market in Sector 104 features a range of property types catering to different investment goals. Commercial shops lead the segment at ₹26,900 per sq ft, having grown by 7.01%. Apartments are available at an average of ₹14,100 per sq ft, while villas have seen a price adjustment to ₹9,200 per sq ft.
Sector 104 offers a diverse supply of properties based on their stage of development. Ready-to-move units are priced at ₹11,900 per sq ft with a growth of 5.07%, while under-construction projects average ₹10,600 per sq ft, showing a strong increase of 10.82%. Partially ready-to-move projects stand at ₹13,650 per sq ft, and new launches are currently averaging ₹15,150 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 the tone for the local market. Delphine Central Park Estates leads with an asking price of ₹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 also command strong values at ₹15,900 per sq ft and ₹15,750 per sq ft, respectively. Additionally, Godrej Signature Homes and Godrej Summit Phase IV both hold at ₹15,700 per sq ft.
Top projects for renters include Hero Homes Phase 2 and Hero Homes Gurgaon, which command rental rates of ₹33 and ₹32 per sq ft. Other notable developments like Zara Aavaas and Yashika 104 are priced at ₹30 and ₹28 per sq ft, respectively, reflecting the varied rental landscape.
Rental Trends
Rental Trends and Average Rent in Sector 104, Gurgaon
Rental rates vary significantly by unit size, with studios averaging ₹10,800 per month and 1 BHK units at ₹11,250 per month. Larger families can find 2 BHK units for ₹27,250 per month, while 3 BHK and 4 BHK units command higher monthly rents of ₹47,100 and ₹63,550, respectively. Rental rates across the surrounding areas are quite consistent, with many localities like Sector 9, Sector 5, and Sector 4 averaging ₹50 per sq ft. Sector 103 shows strong rental momentum with a 33.33% increase, while Sector 9a and Sector 4 also demonstrate healthy growth at 6.67% and 21.05%, respectively. The rental market for apartments in Sector 104 currently averages ₹50 per sq ft, having seen an adjustment of -17.65% over the past year. Top projects for renters include Hero Homes Phase 2 and Hero Homes Gurgaon, which command rental rates of ₹33 and ₹32 per sq ft. Other notable developments like Zara Aavaas and Yashika 104 are priced at ₹30 and ₹28 per sq ft, respectively, reflecting the varied rental landscape.
Rental rates vary significantly by unit size, with studios averaging ₹10,800 per month and 1 BHK units at ₹11,250 per month. Larger families can find 2 BHK units for ₹27,250 per month, while 3 BHK and 4 BHK units command higher monthly rents of ₹47,100 and ₹63,550, respectively.
Rental rates across the surrounding areas are quite consistent, with many localities like Sector 9, Sector 5, and Sector 4 averaging ₹50 per sq ft. Sector 103 shows strong rental momentum with a 33.33% increase, while Sector 9a and Sector 4 also demonstrate healthy growth at 6.67% and 21.05%, respectively.
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. Buyers and investors can use this benchmark to evaluate the value of properties against the Government Registration Rate, which currently stands at ₹5,800 per sq ft.
How have property prices in Sector 104 trended recently?
Property prices in Sector 104 have shown a generally upward trajectory over the last year, with the average asking price rising from ₹13,650 per sq ft in September 2025 to ₹14,100 per sq ft by June 2026. While there was a slight fluctuation in the interim, the consistent growth from the ₹14,000 per sq ft level observed in December 2025 suggests a resilient market. This trend is a positive signal for long-term investors looking for capital appreciation in the Dwarka Expressway corridor.
How do property prices in Sector 104 compare across different property types?
In Sector 104, property prices vary significantly by type as of June 2026. Shops command the highest value at ₹26,900 per sq ft, having appreciated by 7.01% compared to the prior period. Conversely, apartments are priced at ₹14,100 per sq ft, reflecting a depreciation of 1.48%, while villas are priced at ₹9,200 per sq ft, which marks a significant depreciation of 21.45% over the same timeframe. These variations highlight the distinct market segments within the locality, catering to different investment and end-use needs.
What is the price difference between ready-to-move and under-construction projects in Sector 104?
As of June 2026, ready-to-move projects in Sector 104 are priced at an average of ₹11,900 per sq ft, having appreciated by 5.07% compared to the previous period. In contrast, under-construction projects are currently priced at ₹10,600 per sq ft, which represents a notable appreciation of 10.82%. This trend suggests that while ready-to-move inventory offers immediate utility, the rapid price growth in under-construction units reflects strong buyer confidence in the future development and infrastructure of the area.
What is the average rental rate and rental yield in Sector 104?
As of June 2026, the average rental rate in Sector 104 is ₹34 per sq ft, which has seen a depreciation of 5.56% compared to the previous period. The locality currently offers a rental yield of 2.85%. For investors, this yield provides a baseline for evaluating the income-generating potential of a property relative to its capital cost, helping to balance the trade-off between rental returns and potential capital appreciation.
What is the BHK-wise rental pattern in Sector 104?
Rental rates in Sector 104 vary by unit size as of June 2026, catering to a diverse tenant base. Monthly rents start at an average of ₹10,800 for a Studio and ₹11,250 for a 1 BHK, while 2 BHK units average ₹27,250 per month. Larger configurations command higher premiums, with 3 BHK units averaging ₹47,100 and 4 BHK units reaching ₹63,550 per month. This tiered pricing allows prospective tenants to choose properties that align with their specific space requirements and budget.
Which projects in Sector 104 command the highest rental rates?
Among the top projects in Sector 104 as of June 2026, Hero Homes Phase 2 leads with a current rental rate of ₹33 per sq ft, having appreciated by 10% compared to the previous period. Other premium rental options include Hero Homes Gurgaon at ₹32 per sq ft (up 3.23%) and Zara Aavaas at ₹30 per sq ft (up 25%). These projects command higher rates due to their specific amenities and location advantages within the sector, making them notable choices for landlords seeking competitive rental income.
How should I interpret the transaction and listing data for projects in Sector 104?
When evaluating projects in Sector 104, it is useful to look at the current listing rates as a proxy for market positioning. For instance, Delphine Central Park Estates is listed at ₹27,800 per sq ft (depreciated by 5.21% compared to the previous period), while Hero Homes Palatial is listed at ₹17,350 per sq ft (appreciated by 1.1%). By comparing these rates with the broader locality average of ₹14,300 per sq ft, buyers can identify premium projects that offer higher-end specifications versus those that provide more accessible entry points into the market.