Property Rates in Sector 58, Gurgaon

Sector 58's real estate market is primarily characterized by apartments, which currently average ₹23,499 per sq ft. This segment has experienced a slight decrease of -1.09% in its average price recently. The market also distinguishes between properties based on their readiness, with Ready To Move apartments averaging ₹23,180 per sq ft showing a -2.34% change, while Under Construction properties are priced higher at ₹25,462 per sq ft.

The Sector 58 market offers properties across different stages of development. Ready To Move inventory, comprising 1 unit, averages ₹23,180 per sq ft with a recent -2.34% change, appealing to immediate occupancy seekers. Under Construction projects present 1 opportunity at ₹25,462 per sq ft showing no change, indicating a stable pricing strategy for new developments.

In Sector 58, Gurgaon, property rates vary across its micro-markets. Nearby Sector 59 commands a higher average rate of ₹24,413 per sq ft, showing a modest 1.39% increase. Conversely, Sector 55 and Sushant Lok II are priced significantly lower, averaging around ₹17,563 and ₹17,574 per sq ft respectively, with substantial year-on-year growth rates of 34.7% and 38.48%. Further afield, Golf Course Road represents a premium segment at ₹28,423 per sq ft, while Gurgaon Faridabad Road offers more affordable options around ₹12,804 per sq ft.

Among the top rental projects in Sector 58, Ireo The Grand Arch stands out with a current rental rate of ₹50 per sq ft, demonstrating a 2.04% year-on-year change. This indicates sustained interest and value appreciation for rental properties within this project.

The rental market in Sector 58 caters to various tenant needs, with 2 BHK apartments averaging ₹78,933 per month. Larger configurations like 3 BHKs command a higher average rent of ₹1.15 Lakh per month, while 4 BHKs are priced at ₹1.3 Lakh per month, reflecting increasing demand for space.

Rental rates in the vicinity of Sector 58, Gurgaon, show considerable variation. Sector 59 leads with an average rental rate of ₹54 per sq ft, exhibiting a 1.89% year-on-year increase. Sector 60 follows at ₹40 per sq ft, with no reported change, while Sector 55 averages ₹30 per sq ft, showing a significant 11.11% rise. Sushant Lok II and Sector 56 offer rentals at ₹33 per sq ft, with the latter experiencing a slight decrease.

Apartments are the dominant property type for rent in Sector 58, averaging ₹51 per sq ft with a recent 2% increase. This suggests a steady demand for apartment living within the locality.