Gurgaon
The real estate market in Sector 28 showcases a dynamic environment characterized by steady capital appreciation and varied asset performance. Recent quarterly data indicates a notable shift in location rates, moving from ₹18,150 in June 2025 to a peak of ₹27,550 by late 2025 before stabilizing. Rental activity remains robust, with average monthly rates for 4 BHK units reaching ₹1.62 Lakh and 5 BHK units at ₹2.12 Lakh. The supply mix is well-distributed between ready-to-move and well-occupied units, providing flexibility for both end-users and investors.
As of March 2026, the average asking price in Sector 28 is ₹26,350 per sq ft. This figure reflects a depreciation of 4.23% compared to the previous period, indicating a market correction in the locality.
Property prices in Sector 28 have shown a mixed trajectory from June 2025 to March 2026. The location rate rose from ₹18,150 per sq ft in June 2025 to a peak of ₹27,550 per sq ft in December 2025, before settling at ₹26,350 per sq ft as of March 2026. This fluctuation highlights the dynamic nature of the local real estate market for potential buyers and investors.
The average asking price in Sector 28 is ₹26,350 per sq ft, while the Government Registration Rate stands at ₹6,150 per sq ft as of March 2026. This variance is common in premium areas, and buyers should note that the registration rate is primarily used for stamp duty and tax calculations rather than reflecting current market transaction values.
As of March 2026, property prices in Sector 28 vary significantly by type. Shops are priced at ₹96,800 per sq ft, having appreciated by 30.87% compared to the previous period. Villas are currently at ₹30,100 per sq ft, showing an appreciation of 3.7%. Meanwhile, apartments are at ₹26,350 per sq ft, reflecting a depreciation of 4.23%, and office spaces are at ₹25,950 per sq ft, which represents a depreciation of 1.21%.
As of March 2026, prices in Sector 28 are segmented by project status. Ready To Move properties are priced at ₹20,250 per sq ft, having appreciated by 0.39% from the previous period. Well Occupied projects are at ₹22,550 per sq ft, reflecting an appreciation of 3.64%. New Launch projects are currently priced at ₹18,050 per sq ft, showing a significant appreciation of 14.43%.
The average rental yield in Sector 28 is 1.82% as of March 2026, with an average rental rate of ₹40 per sq ft. This yield represents the annual rental income relative to the property's capital value, providing investors with a baseline to evaluate the income-generating potential of residential assets in this locality.
Rental rates in Sector 28 vary by unit size as of March 2026. Studios average ₹19,950 per month, while 1 BHK units average ₹28,550 per month. Larger configurations command higher premiums, with 2 BHK units at ₹46,100 per month, 3 BHK units at ₹97,400 per month, 4 BHK units at ₹1.62 Lakh per month, and 5 BHK units reaching ₹2.12 Lakh per month. This spread allows tenants and landlords to identify the specific market segment that aligns with their budget or investment goals.
As of March 2026, the top projects by rental rate in Sector 28 include ITC Silverglades Laburnum at ₹53 per sq ft, followed by DLF Hemilton Court, DLF City Centre, and Silverglades The Ivy, all of which command ₹46 per sq ft. Other notable projects include Vipul Agora at ₹42 per sq ft, and Suncity Essel Tower and Grand Mall at ₹41 per sq ft. These rates reflect the premium positioning of these specific developments within the locality.
As of March 2026, rental rates in Sector 28 are distinct across property types. Shops command an average rental rate of ₹250 per sq ft, having depreciated by 20.51% from the previous period. Apartments maintain a stable average rental rate of ₹50 per sq ft, with no change in the rate observed over the comparison period.
Buyers should view the price trends in Sector 28 as a signal of market maturity and segment-specific demand. With the average asking price at ₹26,350 per sq ft as of March 2026, the 4.23% depreciation suggests that the market is currently experiencing a cooling phase, which may offer better entry points for end-users compared to the peak seen in December 2025.
