Gurgaon
The real estate market in Sector 23A demonstrates a distinct split between premium villa segments and accessible apartment living. While the area maintains a robust rental ecosystem, investors are observing varied price movements across different property configurations. Rental demand remains steady, particularly for larger residential units, which continue to attract consistent interest from families. Ongoing trends suggest that the locality remains a focal point for those seeking a balance between lifestyle and connectivity in Gurgaon.
As of Jun 2026, the micromarket average asking price in Sector 23A stands at ₹17,100 per sq ft. This figure reflects a downward trend in the recent quarter, following a recorded rate of ₹17,600 per sq ft in Mar 2026 and ₹18,050 per sq ft in Dec 2025. Investors and homebuyers should note that these price movements indicate a period of market adjustment in the area compared to the ₹14,350 per sq ft observed in Sep 2025.
Property prices in Sector 23A vary significantly by type, with villas currently averaging ₹22,800 per sq ft and apartments averaging ₹6,550 per sq ft as of Jun 2026. Both segments have experienced a notable depreciation in value; villa prices have depreciated by 15.19% and apartment prices have depreciated by 40.16% compared to previous reporting periods. This data suggests a substantial correction in the asking prices for both residential categories within this locality.
As of Jun 2026, rental rates in Sector 23A are tiered by unit size, with Studio apartments averaging ₹15,800 per month and 1 BHK units at ₹19,650 per month. For larger requirements, 2 BHK units command an average of ₹35,500 per month, 3 BHK units are at ₹45,400 per month, and 4 BHK units reach an average of ₹67,450 per month. These figures provide a clear benchmark for tenants and landlords looking to understand the current monthly expenditure for residential rentals in the area.
The overall average rental rate in Sector 23A is ₹25 per sq ft as of Jun 2026, which has appreciated by 4.17% compared to the prior period. When analyzing by property type, apartments have seen a significant rental appreciation of 20%, reaching ₹50 per sq ft, while villa rentals have remained stable at ₹50 per sq ft with 0% change. This divergence highlights a stronger growth trajectory for apartment rentals compared to the villa segment in the current market environment.
Rental rates across neighbourhoods surrounding Sector 23A show a consistent average of ₹50 per sq ft, though the trend percentages vary significantly by location as of Jun 2026. For instance, Sector 110a has seen a notable rental appreciation of 17.39%, while areas like Dharam Colony and Sector 23 have experienced rental depreciation of 11.54% and 7.14% respectively. Other localities such as Sector 2, Sector 22, and New Palam Vihar Phase 3 have maintained stable rental pricing with 0% change, indicating varied demand dynamics across these specific micro-pockets.
Property prices in the vicinity of Sector 23A show a diverse range of valuations as of Jun 2026. Sector 22 commands the highest average asking price among these nearby areas at ₹21,450 per sq ft, having appreciated by 2.31%. Conversely, Palam Vihar offers a more accessible entry point at ₹11,850 per sq ft, which has appreciated by 5.43%. Other surrounding areas like Sector 23 at ₹15,450 per sq ft and Sarai Allwardi at ₹16,750 per sq ft also demonstrate positive growth, having appreciated by 6.57% and 1.92% respectively over the observed period.
