




The Real Estate (Regulation and Development) Act, 2016 is Act of the Parliament of India which seeks to protect buyers as well as help boost investments in the real estate industry. The Act came into force from 1 May 2016.

Balola is a developing semi-urban residential locality situated in the southeastern part of Gurgaon, bordering Sector 58, Sector 59, and Ghata. The pin code of Balola is 122011. The area has a rustic character with a mix of local residents and working professionals, featuring landmarks like the Balola Johad and the local Shiv Mandir. Residents send their children to Pathways School Gurgaon and access medical care at W Pratiksha Hospital. Sector 55-56 Metro Station on the Rapid Metro line is the nearest transit point located four kilometres away. Travel to Gurgaon Railway Station via Rajesh Pilot Road takes about forty-five minutes. Property rates in 2026 range from Rs. 5,000 to Rs. 8,500 per sq ft, dominated by independent floors and plots, driven by affordable pricing.
| Locality | Property Price per sq ft* |
|---|---|
| Balola gurgaon | Rs. 5,000 to Rs. 8,500 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 5,000 to Rs. 7,500 |
| 2 BHK for rent | Rs. 8,000 to Rs. 11,000 |
| 3 BHK for rent | Rs. 12,000 to Rs. 15,000 |
Property values in Balola have experienced a downward adjustment due to shifting buyer preferences toward fully developed sectors nearby. The average buying rate in this locality ranges from Rs. 5,000 to Rs. 8,500 per sq ft, representing a depreciation of approximately 64% over the past year. Meanwhile, the rental market has also seen a correction, with monthly rents ranging between Rs. 5,000 and Rs. 15,000. This price correction makes the area highly attractive for budget-conscious tenants and long-term investors looking for land parcels near the Southern Peripheral Road. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Balola Johad is a prominent landmark in Balola. Some more include:
Balola links to major hubs through Rajesh Pilot Road and the following roads:
Sector 55-56 Metro Station on the Rapid Metro is the closest public transit option, located 4 km away. Some more include:
The nearest railway station and airport are Gurgaon Railway Station, which is located 19 km away, and others:
Balola is well-equipped with numerous top educational institutions, such as Pathways School Gurgaon and Heritage International Xperiential School , Middle and Senior Campus, along with:
Some reputed healthcare places near Balola include W Pratiksha Hospital, and others:
You can access Hong Kong Bazaar and M3M Cosmopolitan easily from Balola gurgaon. Some more include:
These localities are located around Balola:
Here are some of the major employment centres near Balola:
The popular landmarks within Balola are:


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