Gurgaon
Sector 15 II presents a balanced real estate landscape where property values and rental income streams align to offer stable returns for investors. The market is characterized by a steady average asking price for apartments, while the rental sector shows significant activity with an average yield of 7.50%. Residents and investors alike benefit from a range of housing options that cater to varying household sizes, from compact 1 BHK units to larger 3 BHK family homes. The surrounding micromarkets provide a competitive context, with rental rates reflecting broader regional trends and demand cycles.
As of June 2026, the average asking price in Sector 15 II is ₹5,600 per sq ft. This rate has remained stable with a 0% change, indicating a period of price consistency in the local market. For context, the Government Registration Rate in this area is ₹7,750 per sq ft, which is significantly higher than the current average asking price, a factor prospective buyers should consider when evaluating their total investment cost.
The property price trends in Sector 15 II have shown a shift in the broader micromarket, where the micromarket rate was ₹17,100 per sq ft as of June 2026. This reflects a downward trajectory from ₹17,600 per sq ft in March 2026 and ₹18,050 per sq ft in December 2025. Monitoring these quarterly fluctuations is essential for investors, as the micromarket rate serves as a key indicator of regional demand and supply dynamics.
As of June 2026, the average rental rate in Sector 15 II stands at ₹35 per sq ft, which has appreciated by 9.38% compared to the previous period. The area currently offers a robust rental yield of 7.50%. For investors, this yield is a critical metric, as it represents the annual return on investment from rental income relative to the property's capital value, suggesting a potentially attractive income-generating profile for residential assets in this locality.
Rental rates in Sector 15 II vary by unit size, catering to a diverse range of tenant profiles. As of June 2026, a 1 BHK apartment typically rents for ₹26,900 per month, while a 2 BHK unit averages ₹33,800 per month. For larger requirements, a 3 BHK apartment commands an average monthly rent of ₹57,550. These figures provide a clear benchmark for both landlords setting competitive prices and tenants planning their housing budgets.
Rental rates across the vicinity are relatively uniform, with many areas such as Sector 15, Patel Nagar, and Sector 31 recording an average rental rate of ₹50 per sq ft as of June 2026. While the rate is consistent, the growth trends differ; for instance, Kirti Nagar saw a 20% appreciation, whereas Police Line experienced an 8.57% depreciation compared to the previous period. This variation highlights the importance of looking at local growth trends rather than just the flat rental rate when choosing an area for investment.
Milestone The Galleries is a key project in Sector 15 II, currently featuring a rental rate of ₹29 per sq ft as of June 2026. This rate has remained stable with a 0% change over the observed period. While the project-specific rate is ₹29 per sq ft, the broader locality average for apartments is ₹50 per sq ft, providing a useful comparison for tenants and investors evaluating the value proposition of this specific development.
Property rates vary significantly across Gurgaon's sectors as of June 2026. For example, Sector 40 commands a premium with an average rate of ₹35,650 per sq ft, having appreciated by 28.48%, while Sector 16 offers a more accessible entry point at ₹15,250 per sq ft, which has seen a minor depreciation of 0.44%. Sector 15 II, with its average of ₹5,600 per sq ft, remains distinct from these residential hubs, and investors should weigh these differences in infrastructure and market maturity when comparing locations.
Apartments in Sector 15 II are currently priced at an average of ₹5,600 per sq ft as of June 2026. This pricing has shown a marginal appreciation of 0.14% compared to the previous period. This slight upward movement suggests a stable market environment, providing end-users with a predictable pricing landscape for residential apartment purchases in this locality.
