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Insights for Sector 3, Gurgaon Real Estate Market Overview

The real estate market in Sector 3 is currently navigating a period of price adjustment, with average property values settling around ₹12,300 per sq ft. Investors and homebuyers are observing a diverse supply chain, where ready-to-move units maintain a strong footing while under-construction projects offer entry-level alternatives. Rental activity remains active across various configurations, supported by a healthy rental yield that attracts those seeking consistent returns. Meanwhile, the broader micromarket continues to influence localized price trends, ensuring that the area remains a focal point for residential interest in Gurgaon.

  • Ready-to-move residential projects in Sector 3 have experienced a notable price growth of 10.61%, reaching an average of ₹11,900 per sq ft.
  • The rental market is robust, with an average rental rate of ₹27 per sq ft and a rental yield of 2.63%.
  • Studio apartments are available at an average monthly rent of ₹14,000, while larger 3 BHK units command approximately ₹48,300 per month.
  • Top-performing projects such as Godrej Habitat have shown significant growth, with current rates reaching ₹11,050 per sq ft.
  • The locality maintains a competitive edge over nearby areas, with average property prices reflecting a moderate adjustment of -5.82%.

Market Strengths
  • Strong demand for ready-to-move inventory, evidenced by 5 available units and 10.61% price growth.
  • Diverse rental portfolio ranging from ₹14,000 for studios to ₹48,300 for 3 BHK apartments.
  • Competitive pricing in central Gurgaon compared to neighboring sectors like Sector 106 and Sector 110.
  • Significant growth potential in specific projects like Godrej Habitat and MRD Apartment.
  • Healthy rental yield of 2.63% makes the locality attractive for buy-to-let investors.
Market Challenges
  • The overall location rate has seen a -5.82% adjustment, indicating a broader market cooling effect.
  • Well-occupied projects have experienced a -10.35% change in average pricing.
  • Apartment property types currently face a -5.38% price trend, suggesting a cautious buyer sentiment.
  • Several top projects, including Santur Aspira and Cosmos Executive, have faced double-digit negative price changes.
Investment Opportunities
  • Ready-to-move projects offer a 10.61% price appreciation, signaling strong demand for immediate possession.
  • Rental yield of 2.63% provides a consistent income stream for property owners in the residential segment.
  • Entry-level pricing at ₹11,050 per sq ft in under-construction projects allows for potential capital appreciation.
  • The 3 BHK rental segment, averaging ₹48,300 per month, caters to a high-demand demographic of families.
Top Localities in Sector 3, Gurgaon

Sector 5

Avg Price ₹ 11,450 /Sq.Ft.
Avg Rent ₹ 20 /Sq.Ft.
YIELD + 2.10
LISTINGS 12

Sector 105

Avg Price ₹ 10,300 /Sq.Ft.
LISTINGS 4
Price Trend

Sector 3, Gurgaon Property Price Trends and Appreciation

Property rates in Sector 3 have fluctuated over the last year, moving from ₹12,250 in late 2025 to a peak of ₹13,100 in early 2026. Following this period, rates adjusted to ₹12,300 by mid-2026 and settled at ₹11,650 as of September 2026. This trend highlights a period of price correction that offers potential entry points for new buyers.
Asking Price Trends
₹ 12,300/Sq.Ft -5.82 % QoQ
Dec 2025 — Sep 2026
Quarter City Rate
Sep 2026 11650
Jun 2026 12300
Mar 2026 13100
Dec 2025 12250
About Asking Price Trends
Sector 3 Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/Sq.Ft) Change %
Sector 3 12,300 -5.8
Ashok Vihar 12,350 -5.7
Sarai Allwardi 16,650 -0.5
Sector 110 14,200 0.3
Sector 106 16,450 -
Sector 2 12,300 -2.7
Palam Vihar 12,600 6.3
Sector 104 14,000 -2.1
Palam Vihar Extension 13,900 -20.2
Sector 106 16,450 -
Sector 3 commands an average rate of ₹12,300 per sq ft, positioning it competitively within the broader Gurgaon landscape. Nearby, Palam Vihar offers units at ₹12,600 per sq ft, while Sector 110 and Sector 106 present premium options at ₹14,200 and ₹16,450 per sq ft, respectively. These comparisons illustrate that Sector 3 provides a more accessible entry point compared to the higher-priced segments in neighboring sectors.
Type Rate (₹/Sq.Ft) Change %
Apartment 11,650 -5.4
The residential market in Sector 3 is primarily driven by apartment living, which currently averages ₹11,650 per sq ft. This segment has seen a price adjustment of -5.38%, reflecting current buyer preferences and market cooling. These apartment options remain the primary focus for those looking to invest in the locality's established housing stock.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 7 11,971 4.6
Under Construction 1 11,050 -
Sector 3 provides a balanced supply of residential properties across different stages of development. Ready-to-move inventory is priced at ₹11,900 per sq ft, showing a strong growth of 10.61%, while well-occupied projects average ₹12,150 per sq ft. Under-construction units are currently available at ₹11,050 per sq ft, offering a distinct pricing tier for buyers who prioritize long-term value over immediate possession.
Project & Developer Insights

Top Residential Projects and Developers in Sector 3

Top Projects in Sector 3
Godrej Habitat is the top project in Sector 3 with prices from ₹ 1.16 Cr to 2.11 Cr.
Godrej Habitat ₹ 1.16 Cr - ₹ 2.10 Cr
  • Central Gurgaon, Gurgaon
Lodha Golf Course Road Price On Request
  • Central Gurgaon, Gurgaon
Godrej Alira ₹ 6.25 Cr - ₹ 8.18 Cr
  • Central Gurgaon, Gurgaon
Shapoorji Pallonji The Dualis ₹ 7.27 Cr - ₹ 9.18 Cr
  • Central Gurgaon, Gurgaon
Birla Arika ₹ 11.18 Cr - ₹ 12.35 Cr
  • Central Gurgaon, Gurgaon
M3M Paragon 57 ₹ 44 L - ₹ 1.98 Cr
  • Central Gurgaon, Gurgaon
M3M Jewel ₹ 1.8 Cr - ₹ 9 Cr
  • Central Gurgaon, Gurgaon
Eldeco Terra And Sol ₹ 3.11 Cr - ₹ 3.55 Cr
  • New Gurgaon, Gurgaon
M3M Urbana Business Park ₹ 38.08 L - ₹ 1.33 Cr
  • Golf Course Extension, Gurgaon
Smart World Natures Court ₹ 1.40 Cr - ₹ 1.90 Cr
  • Manesar, Gurgaon
View More
New Launch
Under Construction
Ready to Move
Top Developers in Sector 3
Godrej leads in Sector 3 with 26 projects and 36 years of experience.
DLF
Godrej ₹ 37.5 L - ₹ 15.32 Cr
  • 26 Projects
  • 36 Years
DLF
Bestech ₹ 70 L - ₹ 9.33 Cr
  • 21 Projects
  • 20 Years
DLF
Santur Group ₹ 2.81 Cr - ₹ 2.92 Cr
  • 2 Projects
DLF
Ansal API ₹ 41 L - ₹ 10.33 Cr
  • 34 Projects
  • 52 Years
Top Projects by Listing Rates
  • Listing Rate
  • By Rental
Premium residential developments in Sector 3 define the local market's quality and value. Santur Aspira leads the segment at ₹15,400 per sq ft, despite a recent adjustment of -8.98%. Bestech Park View Residency maintains a steady position at ₹13,100 per sq ft with a 1.41% increase, while Godrej Habitat has seen impressive growth of 17.33%, bringing its rate to ₹11,050 per sq ft.
Project Name Rate (₹/Sq.Ft) Change %
Santur Aspira, Sector 3 28 -12.5
Bestech Park View Residency, Sector 3 23 -11.5
Ashok Vihar Sector 3, Sector 3 22 -
Cosmos Executive, Sector 3 21 -8.7
Top projects in the rental market include Santur Aspira, which is priced at ₹28 per sq ft, and Bestech Park View Residency at ₹23 per sq ft. Ashok Vihar Sector 3 and Cosmos Executive round out the top tier with rates of ₹22 and ₹21 per sq ft, respectively, though most have seen slight downward adjustments in rental pricing.
Rental Trends

Rental Trends and Average Rent in Sector 3, Gurgaon

Rental rates in Sector 3 vary significantly by unit size, with studios averaging ₹14,000 per month. 1 BHK apartments are priced at ₹18,650, while 2 BHK units command ₹28,800. For those requiring more space, 3 BHK apartments are available at an average of ₹48,300 per month. Rental rates across the surrounding areas are relatively uniform, with Ashok Vihar, Sector 5, and Sector 110 all averaging ₹50 per sq ft. Sector 2 has shown a positive rental growth of 6.45%, whereas Palam Vihar has seen a significant adjustment of -13.33% in its rental rates. Apartments remain the primary rental property type in Sector 3, commanding an average of ₹50 per sq ft. This segment has experienced a YoY change of -3.7%, reflecting current rental market conditions. Top projects in the rental market include Santur Aspira, which is priced at ₹28 per sq ft, and Bestech Park View Residency at ₹23 per sq ft. Ashok Vihar Sector 3 and Cosmos Executive round out the top tier with rates of ₹22 and ₹21 per sq ft, respectively, though most have seen slight downward adjustments in rental pricing.
Sector 3 Rent Comparison
  • By Unit Type
  • By Location
  • By Property Type
Unit Type Rate (₹)
Studio 14,000
1 Bhk 18,650
2 Bhk 28,800
3 Bhk 48,300
Rental rates in Sector 3 vary significantly by unit size, with studios averaging ₹14,000 per month. 1 BHK apartments are priced at ₹18,650, while 2 BHK units command ₹28,800. For those requiring more space, 3 BHK apartments are available at an average of ₹48,300 per month.
Locality Rate (₹/Sq.Ft) Change %
Ashok Vihar 50 -3.7
Sector 5 50 -5
New Palam Vihar Phase 1 50 -4
Dharam Colony 50 -
Sector 110 50 -
Sector 4 50 -41.9
Sector 2 50 6.5
Panwala Khusropur 50 -
New Palam Vihar 50 -
Palam Vihar 50 -13.3
Rental rates across the surrounding areas are relatively uniform, with Ashok Vihar, Sector 5, and Sector 110 all averaging ₹50 per sq ft. Sector 2 has shown a positive rental growth of 6.45%, whereas Palam Vihar has seen a significant adjustment of -13.33% in its rental rates.
Property Type Rate (₹/Sq.Ft) Change %
Apartment 50 -3.7
Apartments remain the primary rental property type in Sector 3, commanding an average of ₹50 per sq ft. This segment has experienced a YoY change of -3.7%, reflecting current rental market conditions.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 37,700 /Sq.Ft
Govt Registration Rate ₹ 18,300 /Sq.Ft
Avg. Asking Price ₹ 19,000 /Sq.Ft
Avg. Asking Price ₹ 15,100 /Sq.Ft
Avg. Asking Price ₹ 13,550 /Sq.Ft
Govt Registration Rate ₹ 8,750 /Sq.Ft
Avg. Asking Price ₹ 12,650 /Sq.Ft
Govt Registration Rate ₹ 9,100 /Sq.Ft
Avg. Asking Price ₹ 12,400 /Sq.Ft
Avg. Asking Price ₹ 9,400 /Sq.Ft
Govt Registration Rate ₹ 3,650 /Sq.Ft
Avg. Asking Price ₹ 9,200 /Sq.Ft
Avg. Asking Price ₹ 6,950 /Sq.Ft
Avg. Asking Price ₹ 6,600 /Sq.Ft
Govt Registration Rate ₹ 7,550 /Sq.Ft

Micromarket-Wise Property Price Trends Around Sector 3, Gurgaon

Avg. Asking Price ₹ 23,550 /Sq.Ft
Avg. Asking Price ₹ 19,300 /Sq.Ft
Avg. Asking Price ₹ 17,250 /Sq.Ft
Avg. Asking Price ₹ 17,250 /Sq.Ft
Avg. Asking Price ₹ 13,600 /Sq.Ft
Avg. Asking Price ₹ 12,200 /Sq.Ft
Avg. Asking Price ₹ 11,150 /Sq.Ft
Avg. Asking Price ₹ 11,150 /Sq.Ft

More insights about Sector 3, Gurgaon

FAQ

Frequently Asked Questions About Property Rates in Sector 3, Gurgaon

What is the current average asking price in Sector 3, Gurgaon?

As of Sep 2026, the average asking price in Sector 3 is ₹12,300 per sq ft. This figure reflects a market adjustment, having depreciated by 5.82% over the recent period. Understanding this price point is essential for buyers, as it sits alongside a Government Registration Rate of ₹4,750 per sq ft, which serves as a key benchmark for property transactions in the area.

How have property prices in Sector 3 trended throughout 2026?

Property prices in Sector 3 have shown a fluctuating trajectory throughout 2026. The location rate moved from ₹13,100 per sq ft in Mar 2026 to ₹12,300 per sq ft in Jun 2026, and further to ₹11,650 per sq ft by Sep 2026. This downward trend suggests a period of price correction, which can provide a more accessible entry point for prospective homebuyers and long-term investors looking to capitalize on softened valuations.

What is the difference in pricing between Ready To Move and Under Construction properties in Sector 3?

As of Sep 2026, Ready To Move properties in Sector 3 command an average price of ₹11,900 per sq ft, which has appreciated by 10.61% compared to the previous period. In contrast, Under Construction projects are priced at an average of ₹11,050 per sq ft, with rates remaining stable at 0% change over the same timeframe. This pricing gap reflects the premium buyers are currently willing to pay for immediate possession and reduced project risk.

Which projects in Sector 3 are currently commanding the highest listing rates?

Santur Aspira leads the local market with a listing rate of ₹15,400 per sq ft as of Sep 2026, though it has seen a depreciation of 8.98% compared to the prior period. Other prominent projects include Ashok Vihar Sector 3 at ₹13,400 per sq ft (stable at 0% change) and Bestech Park View Residency at ₹13,100 per sq ft, which has appreciated by 1.41%. These rates help investors gauge the premium positioning of specific developments within the locality.

What are the typical rental rates for different BHK configurations in Sector 3?

Rental rates in Sector 3 vary significantly by unit size as of Sep 2026. Studio apartments average ₹14,000 per month, while 1 BHK units average ₹18,650 per month. For larger families, 2 BHK units are available at an average of ₹28,800 per month, and 3 BHK units command an average of ₹48,300 per month. These figures provide a clear roadmap for tenants to budget their housing costs and for landlords to benchmark their expected rental income.

What is the average rental yield in Sector 3, and why does it matter for investors?

The average rental yield in Sector 3 stands at 2.63% as of Sep 2026, with an overall average rental rate of ₹27 per sq ft. This yield is a critical metric for investors, as it represents the annual return on investment generated through rent relative to the property's purchase price. An appreciation of 17.39% in the average rental rate over the recent period indicates growing demand for rental housing in this locality.

How do rental rates in Sector 3 compare to other nearby areas?

Rental rates in Sector 3 are part of a broader regional market where many surrounding areas, such as Ashok Vihar, Sector 5, and Palam Vihar, currently maintain an average rental rate of ₹50 per sq ft. While Sector 3 shows an average of ₹27 per sq ft, the stability or fluctuation in neighboring sectors—such as the 6.45% appreciation in Sector 2 or the 13.33% depreciation in Palam Vihar—highlights the localized nature of rental demand and supply dynamics.

Which projects are currently the top choices for renters in Sector 3?

As of Sep 2026, the top projects for renters in Sector 3 include Santur Aspira at ₹28 per sq ft, Bestech Park View Residency at ₹23 per sq ft, Ashok Vihar Sector 3 at ₹22 per sq ft, and Cosmos Executive at ₹21 per sq ft. These projects are notable for their rental activity; however, investors should note that rates have seen mixed trends, such as the 12.5% depreciation for Santur Aspira and the 11.54% depreciation for Bestech Park View Residency compared to the previous period.

How should a buyer interpret the property rates data for Sector 3?

Buyers should use the data on this page to compare the current average asking price of ₹12,300 per sq ft against historical trends and the Government Registration Rate of ₹4,750 per sq ft to assess fair market value. By observing that prices have trended from ₹13,100 per sq ft in Mar 2026 to ₹11,650 per sq ft in Sep 2026, buyers can identify whether the market is currently favoring them through lower entry costs. Always consider the status of the project—such as the 10.61% appreciation in Ready To Move units—to align your purchase with your timeline and budget.

Is the property market in Sector 3 currently more favorable for investors or end-users?

The market in Sector 3 presents a nuanced picture for both segments as of Sep 2026. With a rental yield of 2.63% and a recent 17.39% appreciation in rental rates, the area is attracting attention from income-focused investors. Meanwhile, end-users may find the recent depreciation in the average asking price (down 5.82% to ₹12,300 per sq ft) advantageous for securing a home at a potentially lower capital outlay, especially in the Ready To Move segment which has seen price growth.

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