Property Rates in Sector 89, Gurgaon

Sector 89's real estate market is primarily driven by the apartment segment. Apartments in the area are priced at an average of ₹11,312 per sq ft, reflecting a modest positive change of 0.56%. This consistent performance indicates stable demand for residential apartment units within the locality.

The Sector 89 market offers properties across various development stages, catering to different buyer timelines. Ready To Move inventory, comprising 14 units, averages ₹10,214 per sq ft, appealing to immediate occupancy seekers, despite a -1.17% change. Under Construction projects present 4 opportunities at ₹11,220 per sq ft, experiencing an -8.67% change, while Partially Ready To Move properties average ₹11,263 per sq ft with a 3.5% increase. New Launch projects, though only 1 unit, are positioned at a higher average of ₹12,019 per sq ft, despite a -25.11% change.

The property market in Sector 89 is surrounded by areas with varying price dynamics. Sector 85 stands out with an average rate of ₹12,545 per sq ft, demonstrating a significant 17.16% increase, making it a high-growth neighboring market. Sector 89a also commands a premium, averaging ₹11,704 per sq ft with a 6.14% rise. In contrast, Sector 88a presents a more affordable option at ₹9,753 per sq ft, though it experienced a -17.36% change, while Sector 95a saw a notable 19.03% increase to ₹9,715 per sq ft.

Among the top rental projects in Sector 89, Ace Palm Floors leads with a current rental rate of ₹28 per sq ft, though it experienced a -3.45% change. Signature Global Proxima maintains a rate of ₹26 per sq ft with no change, while Signature Global Proxima Phase 2 saw a 9.09% increase to ₹24 per sq ft. M3M Soulitude and Smart World Gems both offer rentals at ₹23 per sq ft with stable rates, showcasing competitive options for tenants.

The rental market in Sector 89 offers a range of options across different configurations of residential apartments. 1 BHK apartments are available for an average of ₹12,250 per month, while 2 BHK units command approximately ₹24,707 per month. For larger families, 3 BHK apartments average ₹30,884 per month, and 4 BHK apartments are priced around ₹33,564 per month, reflecting a premium for spacious living.

Analyzing rental trends across nearby localities reveals varying performance. Hayatpur saw a significant 12.5% increase in average rental rates, reaching ₹27 per sq ft. Sector 85 also experienced strong growth with a 16.67% change, bringing its average rental rate to ₹28 per sq ft. In contrast, Sector 89a, despite having the highest average rental rate at ₹31 per sq ft, saw a -3.12% change, while Sector 90's rates decreased by -3.7% to ₹26 per sq ft.

The rental market in Sector 89 is primarily dominated by apartments, which average ₹24 per sq ft. This segment has shown consistent performance with a 0% change, indicating stable demand and pricing for residential apartment rentals.