As of Mar 2026, the average asking price in Sector 2, Gurgaon stands at ₹12,632 per sq ft. This represents a significant appreciation of 9.07% from the rate recorded in Dec 2025, indicating robust demand and a positive market trend in the locality.
Property Rates in Sector 2, Gurgaon
Comprehensive Market Snapshot
Sector 2 in Gurgaon presents a dynamic property market with an average asking price of ₹12,632 per sq ft, complemented by a registration rate of ₹6,000 per sq ft. The market is currently seeing positive price trends, with the location rate projected to increase from ₹11,161 in Sep 2025 to ₹12,632 by Mar 2026. Apartments are the dominant property type, averaging ₹12,632 per sq ft. Rental yields stand at 2.94%, with an average rental rate of ₹31 per sq ft, indicating a steady rental income potential. Studio apartments are available for rent at ₹13,792 per month, while 4 BHK units command ₹75,000 per month.
- Asking Sale Price₹ 12,632 /sq.ft
- Govt. Registration Prices₹ 6,000 /sq.ft
- Average Rental₹ 31 /sq.ft
- Rental Yield2.94 %
Insights for Sector 2, Gurgaon Real Estate Market
Sector 2, Gurgaon, showcases a robust real estate market with an average asking price of ₹12,632 per sq ft and a registration rate of ₹6,000 per sq ft. Price trends indicate a positive trajectory, with the location rate expected to climb from ₹11,161 in September 2025 to ₹12,632 by March 2026, outperforming the micromarket rate which is projected to decrease from ₹18,036 in December 2025 to ₹17,582 in March 2026. Apartments are the primary focus, averaging ₹12,632 per sq ft with a notable 9.07% increase. The rental market offers a rental yield of 2.94%, with an average rental rate of ₹31 per sq ft. Rental rates vary significantly by unit type, from ₹13,792 per month for studios to ₹75,000 per month for 4 BHK apartments. Neighboring areas like Palam Vihar show an average rental rate of ₹24 per sq ft with a -4% year-on-year change, while Sarai Allwardi averages ₹28 per sq ft with a 16.67% increase. Top rental projects include Ansal Celebrity Suites at ₹32 per sq ft and Ansal Celebrity Homes at ₹27 per sq ft.
Property Price Trends in Sector 2, Gurgaon
The asking price in Sector 2, Gurgaon, is on an upward trend, with the location rate projected to rise from ₹11,161 per sq ft in September 2025 to ₹12,632 per sq ft by March 2026. This indicates growing demand and value appreciation within the locality. Meanwhile, the micromarket rate is expected to see a slight dip from ₹18,036 in December 2025 to ₹17,582 in March 2026, suggesting a divergence in trends between the specific location and its broader micro-market.
Apartments are the primary property type in Sector 2, Gurgaon, currently averaging ₹12,632 per sq ft. This segment has seen a significant increase of 9.07%, reflecting strong demand for residential apartments in the area.
In Sector 2, Gurgaon, properties are available across different stages of development. Ready To Move inventory, consisting of 1 unit, averages ₹12,667 per sq ft with a substantial 17.59% increase, appealing to buyers seeking immediate possession. Well Occupied properties, also represented by 1 unit, are priced at ₹12,597 per sq ft, showing a decrease of -11.9%.
Sector 2 in Gurgaon features a diverse range of property values across its sub-localities. Palam Vihar commands an average rate of ₹11,844 per sq ft, showing a 5.43% increase, while Carterpuri Village is priced at ₹10,174 per sq ft. Further afield, Sector 110a averages ₹14,391 per sq ft, representing the higher end of the spectrum in the immediate vicinity. Sarai Allwardi also stands out with an average rate of ₹16,757 per sq ft, indicating premium pockets within the broader area.
Project and Developer Insights
Premium residential projects in Sector 2, Gurgaon, highlight the area's aspirational market. Mittal Cosmos Executive Apartment is priced at ₹12,667 per sq ft, showing a notable 19.87% change, setting a high benchmark for luxury living. Ansal Celebrity Suites follows at ₹12,597 per sq ft with no reported change, while Ansal Celebrity Homes is priced at ₹7,874 per sq ft, experiencing a significant decrease of -50.79%.
Among the top rental projects in Sector 2, Gurgaon, Ansal Celebrity Suites leads with a current rental rate of ₹32 per sq ft, though it has seen a -5.88% change. Ansal Celebrity Homes offers rentals at ₹27 per sq ft with no reported change, while Mittal Cosmos Executive Apartment is available at ₹26 per sq ft, reflecting a -3.7% change. Palam Vyapar Kendra also averages ₹26 per sq ft with no reported change.
Property Rental Trends in Sector 2, Gurgaon
In Sector 2, Gurgaon, rental demand spans various BHK configurations, with Studio apartments averaging ₹13,792 per month. The demand scales up significantly for larger units, with 1 BHK apartments at ₹26,568 per month, 2 BHK at ₹30,800 per month, and 3 BHK units commanding ₹51,400 per month. The highest demand is seen for 4 BHK apartments, averaging ₹75,000 per month.
Rental rates in and around Sector 2, Gurgaon, show variations across localities. Palam Vihar averages ₹24 per sq ft with a -4% year-on-year change, while Sector 23a offers rates at ₹25 per sq ft with a 4.17% increase. New Palam Vihar Phase 3 sees rents at ₹20 per sq ft, up 33.33% year-on-year, and Sarai Allwardi is priced at ₹28 per sq ft with a 16.67% increase, indicating dynamic rental performance in adjacent areas.
Apartments are the primary focus for rentals in Sector 2, Gurgaon, with an average rental rate of ₹31 per sq ft, reflecting a 6.9% year-on-year change. This indicates a growing rental demand for apartment-style living within the locality.
FAQs about Property Rates in Sector 2, Gurgaon
Property prices in Sector 2, Gurgaon have shown a generally upward trend. From a rate of ₹11,161 per sq ft in Sep 2025, prices rose to ₹11,582 per sq ft by Dec 2025, and further to ₹12,632 per sq ft in Mar 2026. The significant jump from Jun 2025 to Sep 2025 (from ₹0 to ₹11,161) suggests a strong recovery and growth phase for the real estate market in this locality.
As of Mar 2026, the average asking price in Sector 2, Gurgaon is ₹12,632 per sq ft, while the Government Registration Rate is ₹6,000 per sq ft. This substantial difference indicates that market asking prices are more than double the government's assessed value for registration purposes, a common scenario reflecting market dynamics and potential for capital appreciation.
Property rates vary significantly across neighborhoods within Sector 2, Gurgaon. As of Mar 2026, Sarai Allwardi shows the highest average rate at ₹16,757 per sq ft, appreciating by 1.92% from the previous period. Sector 110a follows with an average rate of ₹14,391 per sq ft, showing a marginal appreciation of 0.05%. In contrast, areas like Palam Vihar Extension are priced much lower, averaging ₹3,507 per sq ft, with no reported change in rates.
As of Mar 2026, the average price for apartments in Sector 2, Gurgaon is ₹12,632 per sq ft. This segment has seen a notable appreciation of 9.07% from Dec 2025, reflecting strong demand and value growth for apartment living in the area.
In Sector 2, Gurgaon, 'Ready To Move' properties had an average price of ₹12,667 per sq ft as of Mar 2026, showing a significant appreciation of 17.59%. 'Well Occupied' properties, on the other hand, were priced at ₹12,597 per sq ft, but experienced a depreciation of 11.90% over the same period, suggesting a potential market adjustment for these units.
As of Mar 2026, Mittal Cosmos Executive Apartment in Sector 2, Gurgaon, leads with the highest listing rate at ₹12,667 per sq ft, having appreciated by 19.87%. Ansal Celebrity Suites is also prominent with a rate of ₹12,597 per sq ft, showing no change. Ansal Celebrity Homes, however, has seen a significant depreciation of 50.79%, with its current listing rate at ₹7,874 per sq ft.
As of Mar 2026, the average rental rate in Sector 2, Gurgaon is ₹31 per sq ft. This indicates a healthy rental market, with apartments in this locality commanding this average rate.
Sector 2, Gurgaon, offers a rental yield of 2.94% as of Mar 2026. This figure represents the annual return an investor can expect from rental income relative to the property's capital value. A yield of 2.94% suggests that while capital appreciation might be a primary driver, rental income provides a supplementary return on investment.
In Sector 2, Gurgaon, rental rates vary significantly by BHK configuration as of Mar 2026. Studio apartments average ₹13,792 per month, while 1 BHK units are around ₹26,568 per month. Larger configurations like 2 BHK command ₹30,800 per month, 3 BHK are priced at ₹51,400 per month, and 4 BHK units reach an average of ₹75,000 per month, catering to diverse tenant needs.
Rental rates in Sector 2, Gurgaon, show considerable variation by neighborhood. As of Mar 2026, Palam Vihar Extension has the highest average rental rate at ₹27 per sq ft, despite no reported change. Sarai Allwardi follows at ₹28 per sq ft, with a 16.67% appreciation. Conversely, Choma has the lowest average rental rate at ₹19 per sq ft, having depreciated by 36.67%, indicating a significant market correction in that area.
As of Mar 2026, the average rental rate for apartments in Sector 2, Gurgaon is ₹31 per sq ft. This segment has experienced a 6.9% increase, indicating a growing demand for rental apartments in the locality.
As of Mar 2026, Ansal Celebrity Suites in Sector 2, Gurgaon, leads with the highest rental rate at ₹32 per sq ft, despite a 5.88% depreciation. Ansal Celebrity Homes and Palam Vyapar Kendra are also notable, both offering rental rates of ₹27 per sq ft and ₹26 per sq ft respectively, with Ansal Celebrity Homes showing no change in its rental rate.