Property rates
Planning to buy and not sure what a fair rate looks like? Start here. These are the average rates per sq ft in 15 Indian cities, with how much each has grown and what it earns in rent.
By Rahul Mishra, Property Nivesh Team ·Reviewed by Rakesh Mahajan ·Published ·Updated ·Rates checked monthly Each city page shows rates year by year, the latest price trend, what is happening in the market and a five-year forecast.
₹16,500 per sq ft
India's most dynamic luxury market. Corporate demand from Cyber City and Golf Course Road, plus the Dwarka Expressway growth corridor, have made Gurgaon the country's fastest-appreciating premium market since 2021.
₹32,000 per sq ft
India's deepest and most liquid property market. Infrastructure catch-up — Coastal Road, Atal Setu, Metro lines 3–9 — is unlocking new micro-markets from Worli to Thane.
₹11,200 per sq ft
Planned sectors, wide roads and the Noida International Airport at Jewar are re-rating this market. Sector 150 and the Expressway corridor lead premium demand.
One bar per city, highest first. Gurgaon, Mumbai and Noida are in gold. Cities with their own rates page are linked in the table below.
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| City | Average rate | 5-year growth | Rental yield | More |
|---|---|---|---|---|
| Mumbai | ₹32,000 | 62% | 2.6% | Rates by locality |
| Gurgaon | ₹16,500 | 118% | 3.2% | Rates by locality |
| Goa | ₹14,500 | 105% | 4.5% | Rates by locality |
| Bengaluru | ₹12,800 | 84% | 3.8% | Rates by locality |
| Chandigarh | ₹12,000 | 49% | 2.8% | City guide |
| Noida | ₹11,200 | 95% | 3.0% | City guide |
| Pune | ₹10,500 | 71% | 3.5% | Rates by locality |
| Hyderabad | ₹9,800 | 92% | 3.6% | Rates by locality |
| Chennai | ₹9,200 | 48% | 3.3% | City guide |
| Greater Noida | ₹7,800 | 88% | 3.4% | Rates by locality |
| Kolkata | ₹7,500 | 42% | 3.6% | City guide |
| Mohali | ₹6,900 | 74% | 3.0% | City guide |
| Ahmedabad | ₹6,800 | 55% | 3.4% | City guide |
| Jaipur | ₹5,600 | 52% | 3.1% | City guide |
| Lucknow | ₹5,200 | 58% | 3.2% | City guide |
Rates are average asking prices per sq ft. Growth is the change in that average over five years. Rental yield is a year's rent as a share of the price, before costs.
Noida and Greater Noida are getting a new airport, longer metro lines and big industrial projects. Here is where each one stands, from official announcements. New roads and metro lines often lift prices nearby, but usually only once they open, and never on a fixed timetable.
Noida Infrastructure Impact Report → · Noida Property Price Report →
Mumbai, at about ₹32,000 per sq ft on average among the cities we track. Gurgaon is next at ₹16,500 per sq ft.
Of the 15 cities we track, Lucknow is the most affordable at about ₹5,200 per sq ft.
Gurgaon: its average asking price is up 118% over five years on our tracker. Goa follows at 105%.
Goa, at about 4.5% a year before costs. A ₹1 crore home there would rent for roughly ₹37,500 a month.
About ₹11,200 per sq ft on average. Greater Noida is cheaper, at about ₹7,800 per sq ft.
They are average asking prices across the projects and listings we track. The final price depends on the project, the floor, the size and your negotiation, and you also pay stamp duty and registration.
Disclaimer: all figures are indicative and for general information only. They are not investment, financial or legal advice, and not a recommendation to buy or sell any property. Property Nivesh is an independent research platform, not a broker or an agent for any developer. Confirm the current price with the developer and check RERA records before you pay anything.
