Property Rates in Sector 111, Gurgaon

Sector 111's real estate market caters to diverse buyer preferences across property categories. Apartment properties are the dominant segment, commanding an average price of ₹16,150 per sq ft, experiencing a slight change of -0.6%. Meanwhile, villas are available at an average of ₹11,120 per sq ft, though this segment has seen a notable change of -15.76%.

The Sector 111 market offers properties across various development stages catering to different buyer timelines. Ready To Move inventory, comprising 9 units, averages ₹13,638 per sq ft with a -5.48% change, appealing to immediate occupancy seekers. Under Construction projects present 2 opportunities at a higher average of ₹17,570 per sq ft, showing a minor change of -0.28%. Additionally, 1 New Launch project is available at ₹14,517 per sq ft.

Sector 111 is surrounded by localities showcasing a broad spectrum of property values. Sector 112, a neighboring area, closely matches Sector 111's average rates at ₹16,137 per sq ft, reflecting a 1.48% increase. In contrast, Sector 110a offers properties at ₹14,365 per sq ft, while Sector 113 is priced at ₹15,713 per sq ft. More affordable options can be found in areas like New Palam Vihar Phase 3 and New Palam Vihar, both averaging around ₹5,206 per sq ft, though experiencing minor declines.

Several key projects in Sector 111 contribute significantly to the rental landscape. Puri Diplomatic Greens Phase I offers rentals at ₹27 per sq ft, despite seeing a -3.57% change. Puri Diplomatic Residences has an average rental rate of ₹25 per sq ft, with a positive change of 8.7%. Other notable projects include Puri Diplomatic Greens Villas at ₹26 per sq ft and Lotus Homz at ₹23 per sq ft.

The rental market in Sector 111 offers a range of apartment configurations to suit various needs. Studio apartments average ₹13,389 per month, providing an entry-level option. For those seeking more space, 1 BHK units command ₹18,358 per month, while 2 BHK apartments are available at an average of ₹24,471 per month. Larger families can opt for 3 BHK apartments at ₹39,726 per month or spacious 4 BHK units, which average ₹61,188 per month.

Rental rates vary across localities surrounding Sector 111, providing diverse options for tenants. Sector 112 commands a higher average rental rate of ₹31 per sq ft, while Sector 113 averages ₹28 per sq ft with a 3.7% increase. Palam Vihar offers rentals at ₹24 per sq ft. Conversely, New Palam Vihar and New Palam Vihar Phase 3 provide more affordable options at ₹18 per sq ft, with New Palam Vihar showing a 12.5% increase.

In Sector 111, the apartment segment dominates the rental market. Apartments here offer an average rental rate of ₹24 per sq ft, though they have experienced a change of -4%. This indicates a slight adjustment in rental prices for this property type.