Gurgaon
The real estate market in Sector 47 demonstrates consistent growth, with property rates showing resilience and steady appreciation over the past few quarters. Residential demand remains strong, particularly for ready-to-move apartments that provide immediate value to homebuyers and investors alike. The rental market is equally active, offering a balanced yield that attracts those looking for steady income streams alongside capital appreciation. Developments along the Sohna Road corridor continue to drive interest, with premium projects setting the standard for pricing and lifestyle amenities in the region.
As of June 2026, the average asking price in Sector 47 is ₹15,000 per sq ft. This rate has depreciated by 0.01% compared to the previous period, reflecting a period of relative price stability in the local residential market.
The property price trend in Sector 47 has shown a slight upward trajectory over the last few quarters, with the location rate moving from ₹14,600 per sq ft in September 2025 to ₹15,100 per sq ft as of June 2026. This consistent movement suggests resilient demand for residential assets in the area, providing a stable outlook for both end-users and investors monitoring the micromarket.
The average asking price in Sector 47 is currently ₹15,000 per sq ft, while the Government Registration Rate stands at ₹8,100 per sq ft as of June 2026. Buyers should note that the market-driven asking price is significantly higher than the government-notified registration value, which is a common characteristic in established residential hubs where premium amenities and location advantages drive market valuations.
The rental yield in Sector 47 is currently 2.48% as of June 2026. For investors, this yield represents the annual rental income relative to the capital investment in the property, serving as a key metric to evaluate the income-generating potential of residential units in this locality compared to other investment avenues.
As of June 2026, rental rates in Sector 47 vary by configuration: Studio apartments average ₹19,250 per month, 1 BHK units average ₹23,250 per month, 2 BHK units average ₹38,150 per month, 3 BHK units average ₹56,750 per month, and 4 BHK units average ₹73,100 per month. These figures help prospective tenants and landlords understand the entry-level and premium rental brackets available across the locality.
As of June 2026, premium rental projects in Sector 47 include Bestech Park View Spa and Raheja Mall, both commanding ₹38 per sq ft. Other notable projects include SS The Palladians at ₹36 per sq ft and Hewo Apartments Gurgaon at ₹35 per sq ft. The rental rates for these projects have seen varying trends, such as Bestech Park View Spa depreciating by 56.82% and Raheja Mall appreciating by 18.75% compared to the previous period, reflecting the dynamic nature of the local rental market.
As of June 2026, property prices in Sector 47 are segmented by type: villas are priced at ₹39,100 per sq ft (appreciating by 15.43%), shops at ₹26,500 per sq ft (appreciating by 76.17%), apartments at ₹15,100 per sq ft (appreciating by 0.39%), and office spaces at ₹8,550 per sq ft (depreciating by 9.21% compared to the previous period). This data illustrates that villas and commercial shops currently command a significant price premium over standard apartment units.
As of June 2026, Ready To Move projects in Sector 47 are priced at an average of ₹13,750 per sq ft, having appreciated by 0.89% from the previous period. In contrast, projects in the Mid Stage of construction are priced at ₹9,450 per sq ft, showing a higher appreciation of 9.17%, which often reflects the narrowing price gap as projects approach completion and transition into the ready-to-move category.
As of June 2026, the projects with the highest listing rates in Sector 47 include BNB Imperia Tower at ₹22,350 per sq ft (up 28.66%) and Bestech Park View Spa at ₹21,450 per sq ft (up 0.07%). Other premium options include Sweta Central Park III The Room at ₹18,400 per sq ft (up 16.77%) and Kohli One Malibu Town Plot at ₹16,250 per sq ft (up 10.38% compared to the previous period).
Rental rates across neighbourhoods in the vicinity of Sector 47, such as Malibu Town, South City 2, and Mayfield Garden, are consistently averaging ₹50 per sq ft as of June 2026. While the base rate is similar, the growth trends differ significantly; for instance, Mayfield Garden has seen an appreciation of 11.54%, while Malibu Town has experienced a depreciation of 9.37% compared to the previous period, indicating varying demand levels across these specific sub-markets.
