Squareyards Logo
Blogs
Download App Sell or Rent Property
Login
Insights

Insights for Sector 15 II, Gurgaon Real Estate Market Overview

The property market in Sector 15 II presents a balanced landscape for both investors and residents, characterized by consistent demand and stable pricing. Residential apartments serve as the primary asset class, with asking rates maintaining a steady trajectory. Investors will find the rental yield particularly notable, as the locality offers competitive returns compared to surrounding sectors. The rental market is well-supported by a range of unit configurations, from 1 BHK to 3 BHK apartments, ensuring diverse occupancy options.

  • Residential apartments in Sector 15 II are currently priced at an average of ₹5,600 per sq ft.
  • The locality delivers a compelling rental yield of 7.07% for residential properties.
  • Monthly rents for 3 BHK apartments average ₹58,950, reflecting strong demand for larger living spaces.
  • Rental rates for apartments in the area have seen a year-on-year adjustment of -6.06%.
  • Milestone The Galleries stands out as a key project, with an average rental rate of ₹50 per sq ft.

Market Strengths
  • A robust rental yield of 7.07% positions the locality as a high-performing area for income-focused investors.
  • The diverse range of apartment configurations supports varying tenant needs from single occupants to families.
  • Proximity to established sectors like Sector 15 and Sector 30 adds to the long-term desirability of the location.
  • Steady pricing at ₹5,600 per sq ft provides a stable foundation for long-term real estate holding.
  • The presence of projects like Milestone The Galleries helps maintain visibility and interest in the local rental market.
Market Challenges
  • A year-on-year rental rate decline of -6.06% for apartments suggests a cooling trend in the immediate rental market.
  • The overall average rental rate across the locality has experienced a -5.71% change, indicating broader competitive pressure.
  • Local rental rates for apartments are currently averaging ₹50 per sq ft, which requires careful yield analysis against acquisition costs.
Investment Opportunities
  • The 7.07% rental yield is a strong indicator for investors prioritizing recurring income over capital appreciation.
  • Entry-level pricing at ₹5,600 per sq ft allows for lower capital commitment compared to surrounding sectors.
  • Consistent demand for 2 BHK and 3 BHK apartments provides a reliable tenant base for rental properties.
  • The availability of residential units at competitive monthly rates offers a low-risk entry into the Gurgaon rental market.
Price Trend

Sector 15 II, Gurgaon Property Price Trends and Appreciation

About Asking Price Trends
Sector 15 II Property Price Comparison
  • By Localities
  • By Property Type
Location Rate (₹/Sq.Ft) Change %
Sector 15 15,100 31.3
Sector 15 15,100 31.3
Sector 31 21,850 -3.6
Sector 31 21,850 -3.6
Sector 16 15,550 2.1
Sector 30 21,500 -2.8
Sector 14 35,800 12.9
Sector 14 35,800 12.9
Sector 41 16,150 4.7
South City 1 16,000 5.2
Sector 15 II shares its neighborhood context with several prominent Gurgaon locations. Sector 15 itself commands a significantly higher average rate of ₹15,100 per sq ft, reflecting a 31.32% growth. Meanwhile, Sector 31 and Sector 30 hover at higher price points of ₹21,850 and ₹21,500 per sq ft respectively. These comparisons highlight the value-driven entry point that Sector 15 II provides for those seeking a presence in this well-connected region.
Type Rate (₹/Sq.Ft) Change %
Apartment 5,600 0.1
The real estate market in Sector 15 II is centered on residential apartments, which are priced at an average of ₹5,600 per sq ft. This pricing reflects a stable performance, catering to buyers looking for accessible entry points in the Gurgaon region. The focus remains on providing functional living spaces that align with current market expectations for quality and affordability.
Rental Trends

Rental Trends and Average Rent in Sector 15 II, Gurgaon

Rental demand in Sector 15 II is segmented by unit size, with 1 BHK apartments averaging ₹41,250 per month. Larger 2 BHK units command an average of ₹50,100 per month, while spacious 3 BHK apartments reach ₹58,950 per month. These figures highlight a clear pricing tier based on unit size and residential capacity. Rental rates across neighboring areas show a varied landscape, with Sector 15, Sector 31, and Sector 30 all recording an average rental rate of ₹50 per sq ft. Sector 30 has shown positive growth at 5.41%, whereas Sector 15 experienced a decline of -8.11%. These shifts reflect the dynamic nature of the rental market in the immediate vicinity of Sector 15 II. The rental market for apartments in Sector 15 II is currently averaging ₹50 per sq ft. This sector has observed a year-on-year change of -6.06%, pointing to a period of price adjustment for residential leasing. Milestone The Galleries is a notable project in the area, maintaining an average rental rate of ₹50 per sq ft. Its current rental performance underscores the demand for managed residential spaces within the locality.
Sector 15 II Rent Comparison
  • By Unit Type
  • By Location
  • By Property Type
Unit Type Rate (₹)
1 Bhk 41,250
2 Bhk 50,100
3 Bhk 58,950
Rental demand in Sector 15 II is segmented by unit size, with 1 BHK apartments averaging ₹41,250 per month. Larger 2 BHK units command an average of ₹50,100 per month, while spacious 3 BHK apartments reach ₹58,950 per month. These figures highlight a clear pricing tier based on unit size and residential capacity.
Locality Rate (₹/Sq.Ft) Change %
Patel Nagar 50 -11.1
Sector 15 50 -8.1
Jalvayu Vihar 50 -
Kirti Nagar 50 -6.8
Sector 31 50 2.7
Vijay Vihar 50 -
Sector 30 50 5.4
Old Dlf 50 -
Sector 14 50 -3
Sector 15i 50 -
Rental rates across neighboring areas show a varied landscape, with Sector 15, Sector 31, and Sector 30 all recording an average rental rate of ₹50 per sq ft. Sector 30 has shown positive growth at 5.41%, whereas Sector 15 experienced a decline of -8.11%. These shifts reflect the dynamic nature of the rental market in the immediate vicinity of Sector 15 II.
Property Type Rate (₹/Sq.Ft) Change %
Apartment 50 -6.1
The rental market for apartments in Sector 15 II is currently averaging ₹50 per sq ft. This sector has observed a year-on-year change of -6.06%, pointing to a period of price adjustment for residential leasing.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 37,700 /Sq.Ft
Govt Registration Rate ₹ 18,300 /Sq.Ft
Avg. Asking Price ₹ 19,000 /Sq.Ft
Avg. Asking Price ₹ 15,100 /Sq.Ft
Avg. Asking Price ₹ 13,550 /Sq.Ft
Govt Registration Rate ₹ 8,750 /Sq.Ft
Avg. Asking Price ₹ 12,650 /Sq.Ft
Govt Registration Rate ₹ 9,100 /Sq.Ft
Avg. Asking Price ₹ 12,400 /Sq.Ft
Avg. Asking Price ₹ 9,400 /Sq.Ft
Govt Registration Rate ₹ 3,650 /Sq.Ft
Avg. Asking Price ₹ 9,200 /Sq.Ft
Avg. Asking Price ₹ 6,950 /Sq.Ft
Avg. Asking Price ₹ 6,600 /Sq.Ft
Govt Registration Rate ₹ 7,550 /Sq.Ft

Micromarket-Wise Property Price Trends Around Sector 15 II, Gurgaon

Avg. Asking Price ₹ 23,550 /Sq.Ft
Avg. Asking Price ₹ 19,300 /Sq.Ft
Avg. Asking Price ₹ 17,250 /Sq.Ft
Avg. Asking Price ₹ 17,250 /Sq.Ft
Avg. Asking Price ₹ 13,600 /Sq.Ft
Avg. Asking Price ₹ 12,200 /Sq.Ft
Avg. Asking Price ₹ 11,150 /Sq.Ft
Avg. Asking Price ₹ 11,150 /Sq.Ft

More insights about Sector 15 II, Gurgaon

FAQ

Frequently Asked Questions About Property Rates in Sector 15 II, Gurgaon

What is the average asking price in Sector 15 II, Gurgaon, as of Sep 2026?

The average asking price in Sector 15 II is ₹5,600 per sq ft as of Sep 2026. This rate has remained stable, showing 0% change, which indicates a period of price consolidation in the local residential market.

How do property rates in Sector 15 II compare to the Government Registration Rate?

As of Sep 2026, the average asking price in Sector 15 II stands at ₹5,600 per sq ft, while the Government Registration Rate is ₹7,750 per sq ft. This difference suggests that the current market-driven asking prices are positioned below the government-notified registration benchmarks for the area.

What is the recent price trend for apartments in Sector 15 II?

Apartments in Sector 15 II have seen a marginal appreciation of 0.14% in their average price to ₹5,600 per sq ft as of Sep 2026. This slight upward movement reflects a stable demand environment for residential apartments in this locality.

How have micromarket rates in the vicinity of Sector 15 II changed recently?

The micromarket rate in the area was ₹17,550 per sq ft as of Sep 2026, compared to ₹17,250 per sq ft in Jun 2026, reflecting a steady upward trajectory over the last quarter. This follows a period of fluctuation where rates moved from ₹18,050 per sq ft in Dec 2025 to ₹17,600 per sq ft in Mar 2026, suggesting that the broader micromarket is currently recovering from the earlier downward trend observed in early 2026.

What is the average rental yield in Sector 15 II and what does it mean for investors?

The average rental yield in Sector 15 II is 7.07% as of Sep 2026. A yield of this level is typically viewed by investors as a healthy indicator of rental income potential relative to the capital invested in residential properties in the locality.

What are the typical rental rates for different BHK configurations in Sector 15 II?

As of Sep 2026, rental rates in Sector 15 II vary by unit size: 1 BHK apartments average ₹41,250 per month, 2 BHK units average ₹50,100 per month, and 3 BHK apartments average ₹58,950 per month. These figures provide a clear hierarchy of rental costs, allowing tenants and landlords to gauge the market value for different residential space requirements.

How does the rental rate for apartments in Sector 15 II compare to other nearby areas?

Apartments in Sector 15 II command an average rental rate of ₹50 per sq ft as of Sep 2026, which has depreciated by 6.06% compared to the previous period. This rate is consistent with several surrounding areas, such as Sector 15, Jalvayu Vihar, and Sector 31, which also report average rental rates of ₹50 per sq ft, indicating a uniform rental pricing structure across these specific neighbouring pockets.

Which project in Sector 15 II is prominent in the rental market?

Milestone The Galleries is a notable project in Sector 15 II, with a current rental rate of ₹29 per sq ft as of Sep 2026. The rental rate for this project has remained stable with 0% change, offering a distinct price point compared to the broader local average of ₹50 per sq ft.

How should a buyer interpret the property rate data provided for Sector 15 II?

Buyers should use the Sep 2026 data to compare the average asking price of ₹5,600 per sq ft against the Government Registration Rate of ₹7,750 per sq ft to understand the total cost of acquisition. By reviewing the price trends and rental yields, prospective buyers can assess both the capital appreciation potential and the recurring income prospects, ensuring their investment aligns with their long-term financial goals.

Country/City