Property Rates in Sector 23, Gurgaon

Sector 23's real estate market caters to diverse buyer preferences across property categories. Apartments, the most prevalent residential type, average ₹15,447 per sq ft and have experienced a healthy 6.57% increase in value. Villas, representing a premium segment, are priced at ₹24,550 per sq ft, though they have seen a -17.85% adjustment. This indicates a varied performance across residential property types, with apartments showing consistent growth.

The Sector 23 market offers properties across various development stages catering to different buyer timelines. Well Occupied properties, represented by 1 unit, average ₹15,520 per sq ft and have seen a 2.47% increase, appealing to immediate occupancy seekers. New Launch projects present opportunities at ₹8,040 per sq ft, demonstrating a significant 18.71% increase, making them attractive for early investors. This diverse supply mix enables buyers to balance possession timing with pricing preferences.

Sector 23 currently commands an average asking price of ₹15,447 per sq ft, reflecting a 6.57% increase in value. This positions it as a mid-to-high range locality compared to some neighbors. For instance, Sector 22 is significantly higher at ₹21,487 per sq ft, while Sector 1 offers properties at a more accessible ₹7,221 per sq ft. Other nearby areas like Sector M 1 and Carterpuri Village hover around ₹10,239 per sq ft and ₹10,174 per sq ft respectively, indicating Sector 23's strong market standing within its immediate vicinity.

Several projects in Sector 23 are prominent in the rental market. Dwarkadhis City offers properties at an average rental rate of ₹27 per sq ft, despite experiencing a -6.9% change. Ansal Plaza Sector-23, another key development, commands ₹26 per sq ft and has seen a 4% increase in its rental rates. MDS Jai Shri provides rental options at ₹23 per sq ft, with its rates remaining stable. These projects offer diverse rental opportunities within the locality.

The rental market in Sector 23 offers a wide array of options across different BHK configurations. Studio apartments are available at an average of ₹22,486 per month, while 1 BHK units command around ₹26,528 per month. For larger families, 2 BHK apartments average ₹34,985 per month, 3 BHKs are priced at ₹48,690 per month, and 4 BHKs reach ₹61,470 per month. The most spacious 5 BHK apartments lead the market at an average of ₹1.12 Lakh per month, reflecting the demand for larger residential spaces.

Sector 23 records an average rental rate of ₹28 per sq ft. Comparatively, nearby Sector 1 shows a slightly higher average of ₹29 per sq ft with a 16% increase, while Sector 2 commands ₹31 per sq ft, having grown by 6.9%. Sector 23a is positioned slightly lower at ₹25 per sq ft, with a 4.17% increase. Meanwhile, Sector 22 and Sector 21 offer rates of ₹23 per sq ft and ₹26 per sq ft respectively, highlighting the competitive rental landscape in the vicinity.

In Sector 23's rental market, apartments average ₹28 per sq ft, though they have seen a slight decrease of -3.45%. Villas, on the other hand, command a higher average rental rate of ₹34 per sq ft and have experienced a positive change of 3.03%. This indicates that while apartments remain a popular rental option, villas are currently showing stronger growth in rental values.