Property Rates in Sector 59, Gurgaon

The real estate market in Sector 59, Gurgaon, predominantly caters to residential preferences, with apartments being the primary property type. These apartments command an average price of ₹24,479 per sq ft. This segment has demonstrated a positive change of 1.67%, indicating a healthy and appreciating market for apartment investments in the locality.

The Sector 59 market offers properties across various stages of development, catering to different buyer timelines. Ready To Move inventory, comprising 4 units, averages ₹20,143 per sq ft, appealing to immediate occupancy seekers despite a slight change of -0.66%. Partially Ready To Move projects present 1 opportunity at ₹24,585 per sq ft with a marginal 0.13% increase. Furthermore, Under Construction properties account for 3 units, priced at ₹21,034 per sq ft, though they've seen a change of -3.39%. Lastly, 1 New Launch project is available at ₹16,644 per sq ft, providing options for early-stage investment.

Sector 59 commands a prominent position in the Gurgaon real estate market with an average asking rate of ₹24,479 per sq ft. While Sector 58 is priced competitively at ₹23,578 per sq ft, other areas offer more accessible entry points. Notably, Sector 60 averages ₹20,252 per sq ft, demonstrating a 2.55% increase, while Sector 63 stands at ₹20,441 per sq ft with a 5.5% change. For investors seeking significant growth, Sector 55 has seen a remarkable 45.04% appreciation, reaching ₹17,577 per sq ft, and Sushant Lok II has surged by 55.57% to ₹17,583 per sq ft.

Several prominent projects in Sector 59, Gurgaon, are leading the rental market. Conscient Hines Elevate stands out with a current rental rate of ₹54 per sq ft, showing a positive change of 1.89%. Mahindra Luminare follows closely at ₹52 per sq ft, demonstrating a robust 4% increase in rental rates. Other notable projects include Pyramid Midtown and Tata Raheja Raisina Residency, offering rentals at ₹36 per sq ft and ₹35 per sq ft respectively.

The rental market in Sector 59, Gurgaon, offers diverse options across apartment configurations. A 2 BHK apartment can be rented for an average of ₹25,333 per month. For those seeking more space, 3 BHK units command an average of ₹1.31 Lakh per month, while 4 BHK apartments are available for approximately ₹1.64 Lakh per month. The most spacious 5 BHK apartments average ₹2.17 Lakh per month, reflecting a premium for larger residential units in the area.

Within the vicinity of Sector 59, rental rates vary across neighboring localities. Sector 58 offers competitive options at ₹51 per sq ft, showing a 2% increase. Ghata and Haiderpur present higher rental rates, at ₹53 per sq ft and ₹87 per sq ft respectively, with stable pricing. Meanwhile, Sector 60 averages ₹40 per sq ft, and Sector 63 stands at ₹37 per sq ft, reflecting a 2.78% increase, providing a range of choices for tenants.

In Sector 59, Gurgaon, the apartment segment dominates the rental market. Apartments here command an average rental rate of ₹54 per sq ft. This property type has experienced a positive change of 1.89%, indicating a healthy and appreciating rental demand for residential units in the locality.