Gurgaon
Sector 24 continues to evolve as a key residential hub in Gurgaon, characterized by a mix of established luxury developments and premium apartments. The market has seen fluctuating pricing trends over recent quarters, yet it remains a central point of interest for high-net-worth buyers seeking proximity to prime business districts. Rental performance is robust, with a 3.39% yield providing a solid foundation for income-generating assets. The area is defined by its premium project portfolio and a consistent preference for ready-to-move-in configurations.
As of Jun 2026, the average asking price in Sector 24 is ₹12,400 per sq ft. This figure reflects a significant depreciation of 38.79% compared to the previous period. While the Government Registration Rate stands at ₹7,250 per sq ft, the current market asking price remains notably higher, indicating a premium for residential properties in this locality.
Property prices in Sector 24 have shown a volatile trajectory, with the location rate moving from ₹19,650 per sq ft in Sep 2025 to ₹20,200 per sq ft in Dec 2025, before adjusting to ₹12,400 per sq ft in Mar 2026 and remaining at that level as of Jun 2026. This recent fluctuation suggests a market correction phase, which investors and homebuyers should monitor closely to identify stabilization points.
As of Jun 2026, apartments in Sector 24 command an average price of ₹14,500 per sq ft, which has appreciated by 17.23% compared to the prior period. In contrast, villas are priced at an average of ₹21,150 per sq ft, reflecting a depreciation of 22.28% over the same timeframe. This divergence highlights that while apartment demand has shown resilience, the villa segment has experienced a more pronounced price correction.
As of Jun 2026, Ready To Move properties in Sector 24 are priced at an average of ₹16,000 per sq ft, marking a depreciation of 15.58% from the previous period. Meanwhile, Well Occupied properties are currently valued at ₹17,550 per sq ft, which represents a depreciation of 7.22% compared to the prior period. The higher price point for Well Occupied units typically reflects the value added by established community infrastructure and immediate habitability.
The average rental yield in Sector 24 stands at 3.39% as of Jun 2026. This yield represents the annual rental income relative to the property's capital value, providing a key metric for investors to assess the income-generating potential of their assets. With an average rental rate of ₹35 per sq ft, which has depreciated by 7.89% compared to the previous period, investors should weigh this income stream against the current market price trends in the locality.
Rental rates in Sector 24 vary significantly by unit size as of Jun 2026. Studio apartments average ₹17,250 per month, while 1 BHK units command ₹26,150 per month. Larger configurations see higher demand, with 2 BHK units at ₹29,200, 3 BHK units at ₹55,400, 4 BHK units at ₹96,650, and 5 BHK units reaching ₹1.54 Lakh per month. This tiered pricing allows tenants to choose based on their space requirements while helping landlords understand the competitive rent landscape for different unit types.
As of Jun 2026, premium projects in Sector 24 include ITC Garden Estate and DLF The Belvedere Park, both commanding rental rates of ₹45 per sq ft. Other notable projects include DLF Belvedere Towers at ₹41 per sq ft, and DLF City Court and Ambience Caitriona, both at ₹40 per sq ft. While rates for ITC Garden Estate and DLF The Belvedere Park have remained stable (0% change), Ambience Caitriona has seen an appreciation of 5.26% compared to the previous period, signaling strong demand for these specific developments.
Sector 24 acts as a central hub with varying price points compared to surrounding areas. As of Jun 2026, while Sector 24 averages ₹12,400 per sq ft, nearby localities show diverse pricing: DLF City Phase 3 is at ₹9,750 per sq ft (depreciated by 50.61%), Sector 25 is at ₹19,250 per sq ft (appreciated by 1.76%), and Sector 28 is at ₹26,350 per sq ft (depreciated by 4.23%). These variations reflect the premium status of different pockets within the broader region.
Projects like DLF Belvedere Towers, with a current listing rate of ₹20,750 per sq ft as of Jun 2026, represent the premium segment of Sector 24. This rate has seen a slight appreciation of 0.92% compared to the previous period, suggesting that despite broader market fluctuations, high-quality, established projects maintain price resilience. Buyers should view these as premium assets where the value is driven by brand reputation and project-specific amenities rather than just the locality average.
The overall average rental rate in Sector 24 is ₹35 per sq ft as of Jun 2026, which has depreciated by 7.89% compared to the previous period. For tenants, this indicates a potentially more favorable negotiating environment compared to the prior period. However, because rental rates for specific property types like office spaces and apartments are both currently at ₹50 per sq ft, tenants should look at the specific project and unit type to understand the true cost-benefit ratio.
