Property Rates & Price Trends in Gurgaon - 2018

Gurgaon or Gurugram is home to some of the famous corporate offices besides being one of the top choices of youngsters when they look around for a home in the NCR. Despite the slump that the real estate sector had registered in the last few years, Gurgaon was one of the cities that clearly knocked the odds and sales were sizeable. Gurgaon is also home to some of the luxury and high-end properties outside Delhi. Despite this, prospective home buyers can easily find properties on sale in the affordable range too.

The annual price growth recorded in Gurgaon is down by 150 count while the annual rental yield witnessed a healthy increment of 2.703718 percent as per data with Makaan.

Top localities in Gurgaon include Sector 25 where the average per sq ft value stands at Rs 11,784. Another popular locality is Sector 24 where values on an average is Rs 11,915 per sq ft. Sector 28 and Sector 17 follow next with average prices reaching Rs 10,800 per sq ft and Rs 8,550 per sq ft on an average. All these localities have a liveability quotient of 9.6 and above on a scale of 10. This means that social infrastructure in the form of schools, colleges, hospitals, shopping complexes, hangouts, provision stores and such other conveniences are close at hand. Physical infrastructure such as connecting roads, commute and transport facility is also adequate in these areas which garners such a high liveability score.

If you are looking at an investment in apartment units, maximum properties are in the Rs 90-99 lakh category with as many as 1,770 properties listed. There are 1,585 apartment units in the next popular category where prices are in the range of Rs 80-89 lakh. This category is followed closely by the Rs 1.07-1.16 crore category with as many as 1,574 properties.

If you are looking at villa developments, there are 593 options in the price range of Rs 40 lakh to Rs 25 crore. If you are looking at affordable 2BHK units turn to Sohna, Palam Vihar Extension, Mankrola, Laxman Vihar, Sector 48, 68, 77 and 104 among others. If you are looking at lifestyle enriching, high-end properties, you could turn to DLF City Phase I and II, Sector 43, 54, 110A among others.

Here are the top localities:

• There are 19418 ready-to-move properties in Gurgaon and 291 that are under-construction. Some others are launching soon.
• In Sohna Road region, Sectors 67, 48 and 49 have maximum properties on sale and Sectors 48,49 and 47 are popular when it comes to rent.
• Along Golf Course Road, home buyers can bank on Sectors 54, 53, 56 while Sectors 27, 43 and 54 have maximum units for rent.
• Along Golf Course Extension Road, Sectors 65, 66 and 60 have most number of properties on sale while Sectors 50, 66 and 61 have maximum properties on rent in Gurgaon.
• Along NH8, Sectors 33, 24 and DLF Phase 2 are popular for units on sale and Sector 24, DLF Phase 3 and Sector 33 are popular rental destinations.
• If you are considering Dwarka Expressway, you could find maximum properties in Sector 102, 83 and 108 while Sectors 4, 110A and 7 boast most properties on rent.