Gurgaon
Sector 47 maintains a resilient property market characterized by consistent pricing and steady demand across residential segments. Current trends show a stable asking price of ₹15,050 per sq ft, complemented by a registration rate of ₹8,100 per sq ft. The rental landscape is particularly active, offering a healthy 2.55% yield that appeals to long-term investors seeking reliable monthly returns. Development activity remains focused on catering to diverse lifestyle needs, spanning from compact studio units to expansive luxury villas.
As of September 2026, the average asking price in Sector 47 is ₹15,050 per sq ft. This figure reflects a marginal appreciation of 0.24% compared to previous periods, indicating a stable and resilient real estate market in this locality.
The average asking price in Sector 47 is currently ₹15,050 per sq ft, which sits significantly higher than the Government Registration Rate of ₹8,100 per sq ft as of September 2026. This gap between the market-driven asking price and the government-notified rate is common in high-demand residential hubs and is an important factor for buyers to consider when calculating total acquisition costs, including stamp duty and registration fees.
The price trend in Sector 47 has shown a balanced trajectory throughout 2026. While the location rate was ₹15,000 per sq ft in March 2026 and remained steady, it adjusted to ₹15,050 per sq ft by June 2026 before settling at the current level of ₹14,800 per sq ft for the locality as of September 2026. This minor fluctuation suggests a market that is currently undergoing a phase of consolidation rather than aggressive volatility.
Property prices in Sector 47 vary significantly by asset class as of September 2026. Villas command the highest average price at ₹39,100 per sq ft, having appreciated by 15.43% compared to previous periods. In contrast, apartments are priced at ₹14,800 per sq ft, showing a depreciation of 1.57%, while office spaces are available at ₹8,650 per sq ft, reflecting a modest appreciation of 1.12%. Shops have seen a significant depreciation of 43.54%, bringing their average price to ₹14,950 per sq ft.
As of September 2026, the average rental rate in Sector 47 is ₹32 per sq ft, which has appreciated by 3.23% compared to previous periods. The locality offers a rental yield of 2.55%, providing a baseline for investors to evaluate the income potential of their residential assets relative to the current capital values.
Rental rates in Sector 47 vary by size, catering to a diverse range of tenants. As of September 2026, a Studio apartment typically rents for ₹21,050 per month, while a 1 BHK is available for ₹27,000 per month. Larger configurations command higher premiums, with 2 BHK units at ₹37,150 per month, 3 BHK units at ₹55,550 per month, and 4 BHK units reaching ₹69,400 per month.
Rental rates in Sector 47 show distinct differences across property types as of September 2026. Shops currently command the highest rental rate at ₹100 per sq ft, with rates remaining stable. Both office spaces and apartments are currently renting at an average of ₹50 per sq ft, with office spaces showing an appreciation of 6.25% and apartment rentals remaining steady compared to previous periods.
Ready To Move properties in Sector 47 are currently priced at an average of ₹14,750 per sq ft as of September 2026. This segment has experienced an appreciation of 7.15% compared to previous periods, signaling strong demand from end-users who prefer immediate possession and the ability to inspect the finished product before committing to a purchase.
Rental rates across neighbourhoods near Sector 47 are largely uniform at ₹50 per sq ft as of September 2026, though growth trends vary. For instance, Mayfield Garden and Sector 49 have both seen a rental appreciation of 3.33%, while areas like Sector 46 and Islampur have experienced rental depreciation of 8.57% and 5.41% respectively. This consistency in rental rates suggests that Sector 47 and its surrounding sectors form a cohesive rental micro-market.
Investors should use the data on this page to compare capital appreciation against rental yields. With an average asking price of ₹15,050 per sq ft and a rental yield of 2.55% as of September 2026, investors can assess whether the current market entry point aligns with their long-term income and growth goals. Monitoring the property type-wise price trends, such as the 15.43% appreciation in villa prices, can also help in identifying which segments are currently outperforming the broader market.
