Property Rates in Sector 48, Gurgaon

As of March 2026, the average asking price in Sector 48, Gurgaon, is ₹19,528 per sq ft, while the Government Registration Rate is ₹11,315 per sq ft. This indicates a significant difference between the prices sellers are asking and the rates at which properties are officially registered, highlighting a premium on the asking prices in the market.

The property rates in Sector 48, Gurgaon, have shown some fluctuation over the past few quarters. From June 2025 to March 2026, the average location rate increased from ₹17,298 per sq ft to ₹19,528 per sq ft, indicating an appreciation of approximately 12.89%. However, there was a notable dip from ₹21,941 per sq ft in December 2025 to ₹19,528 per sq ft in March 2026, a decrease of 11%.

As of March 2026, property prices vary across neighborhoods near Sector 48, Gurgaon. Sector 72 has an average rate of ₹19,318 per sq ft, showing a slight depreciation of 0.9% from the previous period. Nirvana Country 2 is priced at ₹20,061 per sq ft with no change, while South City 2 is at ₹13,353 per sq ft, experiencing a significant depreciation of 8.31%. Sector 71 is priced at ₹16,238 per sq ft, appreciating by 1.94%.

As of March 2026, Sector 48, Gurgaon, offers diverse property types with varying price points. Apartments are priced at an average of ₹19,528 per sq ft, showing a depreciation of 11% from the previous period. Villas are priced higher at ₹22,950 per sq ft, appreciating by 3.18%. Office spaces are available at ₹10,817 per sq ft, with a 3.23% appreciation, while office spaces in IT/SEZ are priced at ₹11,557 per sq ft, remaining stable.

In Sector 48, Gurgaon, as of March 2026, properties ready for move-in are priced at an average of ₹19,314 per sq ft, showing a significant appreciation of 6.64%. Under Construction properties are priced at ₹18,383 per sq ft with no change. Well-occupied properties are at ₹16,142 per sq ft, appreciating by 9.93%, while properties in the Mid Stage are at ₹12,847 per sq ft, appreciating by 10.14%.

As of March 2026, the projects in Sector 48, Gurgaon, with the highest listing rates include Central Park Bellavista Towers at ₹35,000 per sq ft, which has appreciated by 0.24%. Central Park Resorts is listed at ₹27,224 per sq ft, experiencing a depreciation of 12.45%. Vipul Tatvam Villas is priced at ₹22,871 per sq ft, with a depreciation of 7.89%.

The average rental rate in Sector 48, Gurgaon, is ₹28 per sq ft as of March 2026. For investors, the rental yield stands at 1.72%. This yield indicates the annual return on investment based on rental income relative to the property's capital value, suggesting that while rents are available, the yield is modest compared to potential capital appreciation.

In Sector 48, Gurgaon, rental rates vary significantly by BHK configuration. Studios are available for an average of ₹17,688 per month. 1 BHK apartments rent for approximately ₹40,000 per month, while 2 BHK units command around ₹55,545 per month. Larger configurations like 3 BHK, 4 BHK, and 5 BHK are priced at ₹59,304, ₹63,063, and ₹2.19 Lakh per month, respectively, indicating a premium for more space.

As of March 2026, rental rates per square foot in areas surrounding Sector 48, Gurgaon, show variation. Sector 72 has an average rental rate of ₹33 per sq ft, with a depreciation of 2.94%. Sector 49 is at ₹29 per sq ft, showing a depreciation of 9.37%. South City 2 is at ₹26 per sq ft, depreciating by 7.14%, while Sector 71 is at ₹26 per sq ft, with a depreciation of 10.34%. Fazilpur Jharsa and Dhani are priced at ₹34 per sq ft, with Dhani depreciating by 5.56%.

As of March 2026, Sector 48, Gurgaon, shows varying rental rates across property types. Apartments are available for an average of ₹28 per sq ft, with no change reported. Villas command a higher rental rate of ₹55 per sq ft, appreciating by 3.77%. Office spaces are priced at ₹56 per sq ft, showing an appreciation of 3.7%.

As of March 2026, projects in Sector 48, Gurgaon, with the highest rental rates include JMD Galleria at ₹33 per sq ft, despite a significant depreciation of 32.65%. Eldeco Mansionz and Central Park Resorts are both at ₹32 per sq ft, with Central Park Resorts showing a substantial appreciation of 60%. Vipul Greens is listed at ₹34 per sq ft, with a depreciation of 2.86%.

The market overview for Sector 48, Gurgaon, as of March 2026, shows an average asking price of ₹19,528 per sq ft, which has depreciated by 11% from December 2025. With 608 listings, the market appears to have ample supply. The significant gap between the asking price and the Government Registration Rate (₹11,315 per sq ft) suggests that buyers might find room for negotiation, while investors should consider the modest rental yield of 1.72% when evaluating returns.

In Sector 48, Gurgaon, as of March 2026, 'Ready To Move' properties are priced at an average of ₹19,314 per sq ft, showing a notable appreciation of 6.64%. In contrast, 'Under Construction' properties are priced at ₹18,383 per sq ft with no change. This suggests that buyers may be willing to pay a premium for immediate occupancy and established units, while under-construction projects offer a slightly lower entry point.