Gurgaon’s property market is growing day by day due to its rapid infrastructure growth, including the completion of Dwarka Expressway and metro expansions. I have been a resident of this city for a decade and let me tell you that the demand for both residential and commercial properties has increased here. As per the Gurgaon property trends, it is expected that the circle rate of the properties here will increase by 10-30% and make the city a high-potential investment hub.
What is the Property Rate Trend in Gurgaon?
Property rates in Gurgain have increased nearly 20% in the last year. Rental yields increased from 3.5% in 2019 to 4.1% in 2024, and around 10-30% for saleable properties. Some of the most famous areas in Gurgaon where property rates are increasing by leaps and bounds are:
Sector 63A
Sector 76
Sector 105
Sector 78
Sector 36A
Sector 89
Sector 108
The demand for luxury housing and integrated townships is high and is expected to grow further this year. NRIs and investors seeking long-term appreciation should consider investing here.
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I have been living in rented apartments in Gurgaon for years but it’s about time that I buy a property here. I have been tracking Gurgaon property price trends so I can help you out. Gurgaon was one of the best-performing micro-markets in 2023. Sector 102 of Gurgaon received a hike of 11% in real estate transactions last year. I have shortlisted a few options. Let me give you an idea about the property rates here.
What is the Gurgaon Real Estate Market Forecast 2024?
The Gurgaon real estate market trend is surging. The latest trends indicate that people prefer to live in the city, thereby increasing the demand to buy properties here. In 2024, the Gurgaon real estate market seems to be promising and full of potential. To help you get a detailed idea about the real estate trends in Gurgaon, let me first share the current price of apartments (approximately) here:
Locality |
Configuration |
Average Price |
Average Property Size |
Sohna |
BHK3 |
7,412,500 |
1,390.80 |
Sohna |
BHK4 |
5,900,000 |
1,800 |
Sohna |
BHK2 |
4,108,087.20 |
782.2 |
Sohna |
BHK1 |
2,866,666.70 |
533.3 |
Sector 92 |
BHK4 |
7,752,173.90 |
1,809.70 |
Sector 92 |
BHK3 |
6,563,905.90 |
1,474.60 |
Sector 92 |
BHK2 |
5,775,688.80 |
1,174.60 |
Sector 92 |
BHK1 |
2,100,000 |
305 |
Sector 7 |
BHK4PLUS |
6,820,000 |
2,155 |
Sector 7 |
BHK4 |
6,316,666.70 |
1,947.50 |
Now to understand the real estate price trends in Gurgaon, you can take NoBroker’s aid. Based on the
Location
Amenities availability
Development of the area compared to previous years
Growth of offices, residential projects or others
Road connectivity
Area
Demand and other factors
The prices of properties change and to keep track of it you can either consult with a real estate expert or seek help from apps like NoBroker. I prefer using apps as I can access them anytime.
Buy Property in Gurgaon Without Any Brokerage on NoBrokerRead More:
How to Buy Property in Gurgaon?
What is Real Estate Price Trends In Gurgaon?
Varun
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2024-03-29T15:37:39+00:00 2025-02-18T10:13:07+00:00Comment
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