Property rates in Sector 2 average ₹12,300 per sq ft. This valuation follows a period of market adjustment, reflecting current buyer sentiment in the region. The area offers diverse residential options, with ready-to-move projects maintaining steady appeal for immediate occupiers. Supported by a rental yield of 3.02%, the locality presents a balanced environment for both homeowners and investors looking for consistent returns within the Gurgaon real estate landscape.
Insights for Sector 2, Gurgaon Real Estate Market Overview
Sector 2 presents a mature residential market in Gurgaon with a consistent average asking price of ₹12,300 per sq ft. The market has seen varying price movements over the last few quarters, balancing out to current levels as supply stabilizes. Rental activity remains active, with a broad range of options from studio apartments to spacious 4 BHK units catering to different tenant needs. Investment interest is supported by a 3.02% rental yield, which remains a key metric for those looking at long-term asset performance in this micro-market.
The current average asking price stands at ₹12,300 per sq ft for residential apartments.
Ready-to-move projects are priced at ₹12,300 per sq ft, offering immediate possession opportunities.
Rental rates for apartments average ₹50 per sq ft across the locality.
A 3 BHK unit commands an average monthly rent of ₹40,000, while 4 BHK units reach up to ₹75,000 per month.
Top projects like Ansal Celebrity Suites and Mittal Cosmos Executive Apartment continue to anchor the local rental and sale market.
Market Strengths
Average residential rates of ₹12,300 per sq ft remain competitive within the Gurgaon region.
Diverse rental portfolio ranging from ₹16,000 for studios to ₹75,000 for 4 BHK units.
Established projects like Mittal Cosmos Executive Apartment provide stable housing options.
Consistent rental yield of 3.02% across residential segments.
Strong presence of apartment-based living which is highly sought after by urban tenants.
Market Challenges
Apartment prices have seen a -2.68% change, reflecting recent market softening.
Ready-to-move inventory has experienced a -2.94% price adjustment.
Ansal Celebrity Suites has recorded a significant -31.33% change in listing rates.
Office space rental rates have seen a -14.71% decline, indicating a shift in commercial demand.
Rental rates for Ansal Celebrity Suites have decreased by -5.88%.
Investment Opportunities
Rental yield of 3.02% provides a reliable income stream for property owners.
Entry-level pricing at ₹7,850 per sq ft in projects like Ansal Celebrity Homes offers an accessible investment point.
High rental demand for 3 BHK units at ₹40,000 per month indicates strong interest from families.
Ready-to-move apartments at ₹12,300 per sq ft minimize construction delay risks for investors.
Premium rental potential for 4 BHK units at ₹75,000 per month targets the high-end tenant segment.
Top Localities in Sector 2, Gurgaon
Sector M 1
Avg Price₹ 10,250 /Sq.Ft.
LISTINGS
2
Sector 1
Avg Price₹ 7,200 /Sq.Ft.
Avg Rent₹ 29 /Sq.Ft.
YIELD
+ 4.83
LISTINGS
14
New Palam Vihar
Avg Price₹ 5,200 /Sq.Ft.
Avg Rent₹ 23 /Sq.Ft.
YIELD
+ 5.31
LISTINGS
15
Price Trend
Sector 2, Gurgaon Property Price Trends and Appreciation
The market in Sector 2 has experienced a dynamic pricing cycle, moving from ₹11,150 per sq ft in September 2025 to a peak of ₹12,650 per sq ft in March 2026. As of June 2026, the rate has moderated to ₹12,300 per sq ft. This trajectory highlights the market's response to broader economic shifts while maintaining its competitive standing against the wider micromarket rate of ₹17,250 per sq ft.
Sector 2 is surrounded by various established localities that offer a range of price points. Palam Vihar averages ₹12,600 per sq ft, while Sector 111 commands a higher rate of ₹16,900 per sq ft. Meanwhile, Ashok Vihar and Sector 3 hover near the ₹12,300 mark, providing similar valuation levels to Sector 2. These surrounding areas create a diverse real estate corridor with options ranging from ₹12,300 to over ₹16,000 per sq ft.
Sector 2's residential market is primarily driven by apartment living, which currently averages ₹12,300 per sq ft. This segment has seen a slight adjustment of -2.68% over the past year, offering a stable entry point for prospective buyers. This focus on apartment-style development ensures a consistent supply of housing units tailored to urban living requirements.
The Sector 2 market is currently dominated by ready-to-move inventory, providing buyers with the assurance of immediate possession. These projects are priced at an average of ₹12,300 per sq ft and have experienced a minor price correction of -2.94%. This inventory status caters to those prioritizing quick relocation and established community amenities over under-construction options.
Project & Developer Insights
Top Residential Projects and Developers in Sector 2
Top Projectsin Sector 2
Shapoorji Pallonji The Dualis is the top project in Sector 2 with prices from ₹ 7.27 Cr to 9.18 Cr.
Premium residential developments in Sector 2 set the tone for the local market's value. Mittal Cosmos Executive Apartment is priced at ₹12,300 per sq ft, while Ansal Celebrity Suites and Ansal Celebrity Homes offer more accessible entry points at ₹8,650 per sq ft and ₹7,850 per sq ft, respectively. These projects provide a spectrum of pricing that accommodates different investment budgets within the locality.
Top projects for renters include Ansal Celebrity Suites and Ansal Celebrity Homes, with rental rates of ₹32 and ₹27 per sq ft respectively. Mittal Cosmos Executive Apartment and Palam Vyapar Kendra both record rental rates of ₹26 per sq ft. While Ansal Celebrity Suites saw a -5.88% change, other projects like Ansal Celebrity Homes and Palam Vyapar Kendra have remained stable.
Rental Trends
Rental Trends and Average Rent in Sector 2, Gurgaon
Rental options in Sector 2 are varied, with studios starting at ₹16,000 per month and 1 BHK units averaging ₹17,000 per month. For larger requirements, 2 BHK and 3 BHK apartments are available at ₹35,000 and ₹40,000 per month, respectively. At the top end, 4 BHK apartments command an average monthly rent of ₹75,000, catering to premium housing needs. Rental rates across the surrounding areas consistently hover at ₹50 per sq ft. Locations such as Palam Vihar and Sector 110a have seen notable rental shifts of 25% and 26.09% respectively. Meanwhile, other areas like New Palam Vihar show stable rental performance with no recent percentage change. Apartments in Sector 2 maintain a stable rental rate of ₹50 per sq ft with no recent change. In contrast, office spaces have experienced a downward trend of -14.71%, currently averaging ₹50 per sq ft. Top projects for renters include Ansal Celebrity Suites and Ansal Celebrity Homes, with rental rates of ₹32 and ₹27 per sq ft respectively. Mittal Cosmos Executive Apartment and Palam Vyapar Kendra both record rental rates of ₹26 per sq ft. While Ansal Celebrity Suites saw a -5.88% change, other projects like Ansal Celebrity Homes and Palam Vyapar Kendra have remained stable.
Rental options in Sector 2 are varied, with studios starting at ₹16,000 per month and 1 BHK units averaging ₹17,000 per month. For larger requirements, 2 BHK and 3 BHK apartments are available at ₹35,000 and ₹40,000 per month, respectively. At the top end, 4 BHK apartments command an average monthly rent of ₹75,000, catering to premium housing needs.
Rental rates across the surrounding areas consistently hover at ₹50 per sq ft. Locations such as Palam Vihar and Sector 110a have seen notable rental shifts of 25% and 26.09% respectively. Meanwhile, other areas like New Palam Vihar show stable rental performance with no recent percentage change.
Apartments in Sector 2 maintain a stable rental rate of ₹50 per sq ft with no recent change. In contrast, office spaces have experienced a downward trend of -14.71%, currently averaging ₹50 per sq ft.
Frequently Asked Questions About Property Rates in Sector 2, Gurgaon
What is the current average asking price in Sector 2, Gurgaon?
As of June 2026, the average asking price in Sector 2, Gurgaon, stands at ₹12,300 per sq ft. This figure reflects a depreciation of 2.68% compared to the previous period, indicating a period of price adjustment in the local residential market.
How have property rates in Sector 2, Gurgaon, trended recently?
Property rates in Sector 2, Gurgaon, have shown a fluctuating trajectory over the past year. As of June 2026, the average asking price is ₹12,300 per sq ft, down from ₹12,650 per sq ft in March 2026. Prior to this, the market saw rates at ₹11,600 per sq ft in December 2025 and ₹11,150 per sq ft in September 2025, suggesting that while there was significant growth through late 2025, the market has entered a phase of consolidation in the first half of 2026.
How does the average asking price in Sector 2 compare to the Government Registration Rate?
The average asking price in Sector 2, Gurgaon, is currently ₹12,300 per sq ft, while the Government Registration Rate is set at ₹6,000 per sq ft as of June 2026. Investors and homebuyers should note that the market-driven asking price is significantly higher than the government-notified registration value, which is a common trend in established residential areas.
What is the rental yield in Sector 2, Gurgaon, and what does it signify for investors?
The rental yield in Sector 2, Gurgaon, is currently 3.02% as of June 2026. This yield represents the annual rental income relative to the property's capital value, providing investors with a baseline to evaluate the income potential of their residential assets in this locality.
What are the typical rental rates for different BHK configurations in Sector 2, Gurgaon?
As of June 2026, rental rates in Sector 2, Gurgaon, vary by unit size to cater to diverse tenant needs. Studio apartments typically rent for ₹16,000 per month, while 1 BHK units average ₹17,000 per month. For larger families, 2 BHK units command an average of ₹35,000 per month, 3 BHK units average ₹40,000 per month, and 4 BHK units are available at an average of ₹75,000 per month.
Which projects in Sector 2, Gurgaon, command the highest rental rates?
Among the prominent projects in Sector 2, Gurgaon, Ansal Celebrity Suites leads with a current rental rate of ₹32 per sq ft as of June 2026, though this represents a depreciation of 5.88% compared to the previous period. Other notable projects include Ansal Celebrity Homes at ₹27 per sq ft, which has remained stable with 0% change, and Mittal Cosmos Executive Apartment at ₹26 per sq ft, which saw a depreciation of 3.7% over the same period.
How do rental rates in Sector 2 compare to nearby areas?
Rental rates across the vicinity of Sector 2, Gurgaon, show varied performance as of June 2026. While many surrounding areas like Palam Vihar, Sector 110a, and Choma report an average rental rate of ₹50 per sq ft, the growth trends differ significantly; for instance, Sector 110a has seen an appreciation of 26.09%, whereas New Palam Vihar Phase 3 has experienced a depreciation of 10% compared to the previous period.
What is the price difference between Ready To Move and under-construction properties in Sector 2?
As of June 2026, Ready To Move properties in Sector 2, Gurgaon, are priced at an average of ₹12,300 per sq ft. This segment has seen a depreciation of 2.94% compared to the previous period, reflecting current market supply dynamics for completed residential units.
What are the top projects by listing rates in Sector 2, Gurgaon?
As of June 2026, the top projects by listing rates in Sector 2 include Mittal Cosmos Executive Apartment at ₹12,300 per sq ft (a 2.94% depreciation), Ansal Celebrity Suites at ₹8,650 per sq ft (a 31.33% depreciation), and Ansal Celebrity Homes at ₹7,850 per sq ft, which has maintained price stability with 0% change compared to the previous period.
How should a buyer interpret the price depreciation in Sector 2, Gurgaon?
The 2.68% depreciation in the average asking price of Sector 2, Gurgaon, observed as of June 2026, indicates a market correction or a softening in demand following previous periods of growth. Buyers can use this data to negotiate more effectively, as the current environment suggests a shift toward a more buyer-friendly market compared to the peak pricing seen earlier in 2026.
