Property Rates in Sector 23, Gurgaon 2026

Property prices in Sector 23 have shown a volatile trajectory from September 2025 to June 2026. The location rate moved from ₹11,950 per sq ft in September 2025 to a peak of ₹15,450 per sq ft in March 2026, before settling at ₹14,550 per sq ft as of June 2026. This fluctuation suggests that while the market experienced significant growth in late 2025 and early 2026, it is currently undergoing a phase of price correction.

Property prices in Sector 23, currently at ₹14,550 per sq ft, sit in the mid-range when compared to surrounding neighbourhoods as of June 2026. For instance, Sector 22 commands a higher average of ₹21,250 per sq ft, while Sector 2 offers a more accessible entry point at ₹12,300 per sq ft. These variations allow buyers to choose between premium, established sectors and more budget-friendly options depending on their investment goals.

As of June 2026, villas in Sector 23 command a premium average price of ₹24,550 per sq ft, which has seen a depreciation of 17.85% over the observed period. In contrast, apartments are priced at an average of ₹14,550 per sq ft, reflecting a depreciation of 5.83% for the same timeframe. This significant price gap highlights the distinct market segments for low-density villa living versus high-density apartment complexes in the area.

Property pricing in Sector 23 varies significantly based on project status as of June 2026. Ready To Move projects are currently priced at ₹8,850 per sq ft, showing stable pricing with 0% change. Meanwhile, New Launch projects are priced at ₹13,000 per sq ft, having seen a substantial appreciation of 41.7% compared to the previous period, signaling strong developer confidence and buyer interest in upcoming inventory.

As of June 2026, the prominent projects in Sector 23 include Ansal Plaza Sector-23, priced at ₹14,200 per sq ft (depreciated by 8.61%), MDS Jai Shri at ₹13,000 per sq ft (appreciated by 41.7%), and Dwarkadhis City at ₹8,850 per sq ft (stable at 0%). These projects represent a mix of established and new inventory, offering varied price points for potential homebuyers.

The average rental yield in Sector 23 stands at 2.31% as of June 2026, with an average rental rate of ₹28 per sq ft. For investors, this yield provides a benchmark for the annual return on investment generated through rental income relative to the property's capital value. While the yield is a key metric, investors should balance it against the current sale price depreciation of 5.83% to determine the long-term viability of their investment.

Rental rates in Sector 23 scale according to the size of the unit as of June 2026. Monthly rents start at ₹15,950 for a Studio apartment, increasing to ₹24,650 for a 1 BHK, ₹36,250 for a 2 BHK, and ₹48,700 for a 3 BHK. For larger requirements, 4 BHK units rent for approximately ₹78,900, while 5 BHK and 6 BHK units command premium rents of ₹1.12 Lakh and ₹2.33 Lakh per month, respectively, reflecting the diverse housing needs in the locality.

As of June 2026, Ansal Plaza Sector-23 leads with a current rental rate of ₹26 per sq ft, having appreciated by 4%. Other notable rental projects include MDS Jai Shri at ₹23 per sq ft (stable at 0%) and Dwarkadhis City at ₹21 per sq ft, which has seen a depreciation of 27.59%. These rates help tenants and landlords understand the premium placed on specific projects within the Sector 23 micromarket.

A buyer should view the current price of ₹14,550 per sq ft in Sector 23 as a market correction phase, given the 5.83% depreciation observed as of June 2026. While the price has fluctuated over the last year, the current dip may offer a strategic entry point for end-users looking to purchase in an established area. It is advisable to compare these rates against the specific project status—such as Ready To Move versus New Launch—to ensure the purchase aligns with long-term value expectations.