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Gurgaon, also known as Gurugram, is located in the northern Indian state of Haryana. It is approximately 30 kilometers southwest of New Delhi and 268 kilometers South of Chandigarh. The city encompasses a total area of 232 square kilometers and is India's second-largest information technology hub.
According to the 2011 Census of India, the Gurugram district is estimated to have a population of 1,153,000. The city serves as the corporate headquarters for many of India's major companies and startups and houses local offices for over 250 Fortune 500 companies.
Amenities like DLF Cyber Hub, Ambience Mall, Leisure Valley Park, Aravalli Biodiversity Park, Galleria Market, Sultanpur National Park, and Sky Jumper Trampoline Park add to the city's charm.
Known for the high standards of living, great employment opportunities and IT hub, the flats in Gurgaon are always in demand, presenting lucrative opportunities for profitable returns.
Gurgaon is dotted with top-notch hospitals and educational institutions like Medanta Hospital, Max Hospital, Fortis Memorial Research Institute, Delhi Public School, Mount Olympus School, The Shri Ram School and Excelsior American School.
The city has become a top destination for many major real estate developers, including DLF, Unitech, Emaar and Signature Global, and they have brought the best of amenities to the city, including state-of-the-art security systems, recreational areas, gyms, swimming pools, and landscaped gardens.
Golf Course Extension, DLF City Phase 1,2,3,4,5, Sushant Lok, Sohna Road, Ambience Islands and Nirvana Country are some of the top areas in Gurgaon.
Property rates in Gurgaon rose 0.9% in the last year. Within the top three areas of the city, namely Sector 102, Sector 104, and Sector 90, the average property prices varied between Rs. 4,100 to Rs. 6,000 per square foot.
In Gurgaon, people prefer 3 BHK flats, closely followed by 2 BHK units. The annual rental yield in Gurgaon is 2.7%. You could recoup 2.7 % of the purchase price if you rent the property for a year.
In the last year, properties in Gurgaon have increased by 23.1%. This growth has been steady for the past five quarters, making Gurgaon one of the top real estate markets in the country.
Here is the price list for some of the top areas in Gurgaon:
Neighbourhood | Average Price per Sqft. |
---|---|
Sector 81 | Rs. 9,900 |
DLF Phase 5 | Rs. 17,900 |
Sector 37D | Rs. 7,500 |
Sector 56 | Rs. 8,200 |
Sector 85 | Rs. 7,500 |
Sector 86 | Rs. 8,150 |
Sector 62 | Rs. 15,950 |
Sector 108 | Rs. 14,050 |
Sector 90 | Rs. 6,950 |
Sector 49 | Rs. 11,750 |
Sector 79 | Rs. 8,800 |
Sector 66 | Rs. 14,600 |
Sector 113 | Rs. 12,350 |
Sector 104 | Rs. 9,800 |
Sector 69 | Rs. 9,300 |
Sector 84 | Rs. 6,550 |
Sector 70A | Rs. 9,600 |
Sector 103 | Rs. 7,250 |
Sector 70 | Rs. 8,250 |
Sector 106 | Rs. 7,950 |
Disclaimer: The mentioned prices are taken from different sources and do not reflect the actual price. The price depends on the offered location, developer, and amenities.
Gurgaon's residential real estate landscape houses an array of luxury apartments, villas, and independent floors. Premium projects, including Trump Tower, Mahindra Luminare, Tulip Monsella, Paras Quartier and Pioneer Araya, add charm to the city.
Gurgaon hosts numerous startups and over 250 Fortune 500 company offices and serves as the corporate headquarters for some of India's largest enterprises. This substantial presence contributes to over 70% of the state's annual economic investments, solidifying its role as a crucial hub for the high-tech industry in northern India.
South Gurgaon, also known as Sohna, is the southernmost part of Gurgaon. Several key areas like Sohna, Sohna Road, Golf Course Extension Road and Badshahpur fall under South Gurgaon. South Gurgaon is flanked by the Aravali Mountains, one of the world's oldest mountain ranges.
South Gurgaon has well-developed social infrastructure like schools, hospitals, entertainment facilities and shopping malls. St. John's School, Angels Palace International School and GD Goenka Signature School are a few leading institutes.
Central Park, The Orchard, Aashiana Anmol, ATS Bonheur Avenue, ASET Sohna Greens and Golden Park are among the top residential projects in the area.
Western Suburbs is the westernmost part of Gurgaon, which includes key areas like Manesar, Dwarka Expressway, Pataudi Road, Kherki Daula, and IMT fall under West Gurgaon. West Gurgaon is primarily known for its industrial and residential areas and numerous tourist attractions and recreational spots.
The area has well-developed social infrastructure like schools, hospitals, entertainment facilities and shopping malls. CK Birla Hospital, Park Hospital, Umkal Hospital, Aryan Hospital and Samvit Hospital are renowned health centres in the area.
Luxury Residences, Paras Quartier, and Space Boulevard are among supreme projects in Gurgaon West.
The eastern suburbs of Gurgaon encompass areas like Sector 55, Sector 56, Golf Course Road, and Sushant Lok. This region is known for its upscale living, with renowned localities such as DLF Phase 1, DLF Phase 2, and Sushant Lok Phase 1. Golf Course Road is a prestigious address with luxurious residential projects by leading developers like DLF, Ireo, and Emaar.
Prominent spots include the DLF Golf and Country Club, South Point Mall, and vibrant dining scenes.
Gurgaon's real estate market has witnessed the highest growth in demand among India's top cities during 2023. Today, in Gurgaon, most people search for flats in premium gated societies. Sector 102, Sector 104 and Sector 29 are among the top three locations. The average price of apartments ranged from Rs. 4,100 to Rs. 6,000 per sq ft.
Projects, including Signature Global Solera and DLF New Town Heights, have topped the charts with 100+ transactions.
There are 15 1 BHKs available in Gurgaon.
The average price of 1 BHK in Gurgaon is ₹30 Lac - ₹60 Lac.
The average size of 1 BHK in Gurgaon is 350 sq.ft. - 550 sq.ft..
The rent of a 1 BHK in Gurgaon is ₹10 K - ₹20 K.
There are 74 2 BHKs available in Gurgaon.
The average price of 2 BHK in Gurgaon is ₹70 Lac - ₹1 Cr.
The average size of 2 BHK in Gurgaon is 700 sq.ft. - 900 sq.ft..
The rent of a 2 BHK in Gurgaon is ₹20 K - ₹30 K.
There are 50 3 BHKs available in Gurgaon.
The average price of 3 BHK in Gurgaon is ₹1.2 Lac - ₹2.2 Cr.
The 3 BHKs in Gurgaon are available in the average size of 900 sq.ft. - 1300 sq.ft..
The rent of a 3 BHK in Gurgaon is ₹40 K - ₹60 K.
There are 4 4 BHKs available in Gurgaon.
The average price of 4 BHK in Gurgaon is ₹2.5 Lac - ₹4 Cr.
The 4 BHKs in Gurgaon are available in the average size of 1400 sq.ft. - 1900 sq.ft..
The rent of a 4 BHK in Gurgaon is ₹80 K - ₹1.1 Lac.
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