Gurgaon
The real estate market in Sector 23A is currently navigating a period of price adjustments across its primary residential segments. Apartments have experienced a notable decline, currently priced at ₹6,550 per sq ft, while the villa segment maintains a premium valuation despite recent market shifts. Rental activity remains stable across the locality, with monthly rates for a 3 BHK unit averaging ₹45,150. This balance between varied property types and consistent rental demand continues to shape the local investment landscape.
As of Sep 2026, the average asking price in Sector 23A is ₹17,550 per sq ft. This rate reflects a trend of price movement in the micromarket, which has seen fluctuations over the past year, moving from ₹18,050 per sq ft in Dec 2025 to its current level. Tracking these quarterly shifts is essential for buyers to understand the evolving valuation of the area.
Property prices in Sector 23A have shown a mixed trajectory from Dec 2025 to Sep 2026. The micromarket rate stood at ₹18,050 per sq ft in Dec 2025, dipped to ₹17,600 per sq ft in Mar 2026, further adjusted to ₹17,250 per sq ft in Jun 2026, and recovered to ₹17,550 per sq ft as of Sep 2026. This volatility indicates a market currently finding its equilibrium, which investors should monitor closely for stability.
As of Sep 2026, the average asking price in Sector 23A varies significantly by property type. Villas are priced at ₹22,800 per sq ft, having depreciated by 15.19% from the previous period. Meanwhile, apartments are priced at ₹6,550 per sq ft, which represents a depreciation of 40.16% compared to the prior period. These figures highlight a distinct price gap between luxury villa segments and standard apartment offerings in the locality.
The average rental rate in Sector 23A is ₹24 per sq ft as of Sep 2026. This rate has depreciated by 4% compared to the previous period, suggesting a softening in rental demand or an adjustment in supply-side expectations. Prospective landlords should consider this trend when evaluating the potential income generation from their properties in this area.
Rental rates in Sector 23A as of Sep 2026 show a clear progression based on unit size: Studio apartments average ₹15,800 per month, 1 BHK units average ₹19,600 per month, 2 BHK units average ₹29,400 per month, 3 BHK units average ₹45,150 per month, and 4 BHK units average ₹69,250 per month. This tiered structure allows tenants and investors to align their budgets and income expectations with the specific space requirements prevalent in the local market.
As of Sep 2026, both villas and apartments in Sector 23A command an average rental rate of ₹50 per sq ft. This rate has remained stable with a change percentage of 0% over the observed period, indicating consistent rental pricing across these primary residential categories in the locality.
Rental rates across neighbourhoods surrounding Sector 23A are largely uniform at ₹50 per sq ft as of Sep 2026. While areas like Carterpuri Village, Palam Vihar Extension, and Dharam Colony maintain stable rates with 0% change, Sector 2 shows an appreciation of 6.45% in rental rates. Conversely, areas like Sector 23 and Palam Vihar have seen rental depreciation of 17.86% and 13.33% respectively, highlighting that even within a similar radius, rental performance can vary based on local demand dynamics.
Buyers should use the provided property rate data to benchmark their investment against the current market average of ₹17,550 per sq ft as of Sep 2026. By comparing this against the specific property type—such as the ₹22,800 per sq ft for villas or ₹6,550 per sq ft for apartments—buyers can determine if a listing is priced competitively. Always consider the recent depreciation trends in these segments as part of your due diligence before finalizing a purchase.
