Property rates · Gurgaon
Gurgaon property rates: prices, trends and forecast
Thinking of buying in Gurgaon (Gurugram)? Here is what a square foot costs today, how fast prices have grown since 2020, what is happening in the market right now, and where rates could be by 2030. Plain numbers, no sales pitch.
By Pranav Adhikari, Property Nivesh Team ·Reviewed by Rakesh Mahajan ·Published ·Updated ·Rates checked monthly The short answer
- ✓ Property in Gurgaon costs about ₹16,620 per sq ft on average (2025), the 2nd highest of the 15 Indian cities we track.
- ✓ Prices are up 130% since 2020, or about 18% a year.
- ✓ The official trend is still up: NHB's index for Gurgaon rose 22.8% in the year to Q4 2025.
- ✓ Golf Course Road is the priciest area at ₹32,000 per sq ft; Dwarka Expressway grew fastest (+160% since 2020).
- ✓ Rents return about 3.2% a year: roughly ₹26,700 a month on a ₹1 crore home.
- ✓ Our base-case forecast for 2030: about ₹23,300 per sq ft (range ₹19,700–₹24,700). A projection, not advice.
Property rates in Gurgaon today
The average asking price in Gurgaon is ₹16,620 per sq ft. That makes it the 2nd most expensive of the 15 Indian cities on our tracker. Five years ago, in 2020, the same average was about ₹7,220 per sq ft.
Average rate (2025)
₹16,620 /sq ft
Growth since 2020
+130% (18% a year)
Rental yield
3.2%
On our Gurgaon project pages, listed rates run from ₹15,000 per sq ft to ₹1,20,000 per sq ft, with the middle project at about ₹22,000 per sq ft. Starting prices on those pages begin at ₹22 lakh (Signature Global Aspire), and half the projects start below ₹4.2 crore. Some projects you can look at: DLF The Camellias, DLF The Dahlias, M3M Residences by Elie Saab and Trump Residences Gurgaon.
Gurgaon property rates by year
This chart takes the average of the 6 localities below for each year. Each bar shows the rate per sq ft, and the number under it is the change on the year before. The striped bars are our forecast, with thin lines for the low and high cases.
Embed this chart on your site
Free to use with the credit link below.
| Year | Average rate (per sq ft) | Change on the year before |
|---|---|---|
| 2020 | ₹7,220 | — |
| 2021 | ₹8,100 | +12.2% |
| 2022 | ₹10,300 | +27.2% |
| 2023 | ₹13,100 | +27.2% |
| 2024 | ₹15,350 | +17.2% |
| 2025 | ₹16,620 | +8.3% |
The fastest years were 2022 and 2023, when the average rose about 27% each. Since then the pace has slowed: +17% in 2024 and +8% in 2025. Prices still went up in 2025, just not as fast. That is normal after a sharp run.
Property price trends in Gurgaon: is the market still rising?
NHB does not print Gurgaon's figure every quarter. It printed it in 4 of its last 8 releases, each time because Gurgaon rose fastest of all 50 cities: from 22.8% to 33.9% a year.
Embed this chart on your site
NHB RESIDEX measures the values banks and housing finance companies put on homes they lend against, smoothed over four quarters. A gap is a quarter NHB did not print the figure. NHB RESIDEX is a registered trademark of the National Housing Bank.
On our own tracker, the Gurgaon average rose 8.3% in 2025. Southern Peripheral Road (SPR) rose the most that year (9.2%) and Sohna (South Gurgaon) the least (6.5%).
Real estate market trends in Gurgaon
Prices are only one part of the story. Here is what the other numbers we follow say about the Gurgaon market.
- Prices: the average asking rate is up 130% since 2020 on our tracker, about 18% a year.
- Official index: NHB does not print Gurgaon's figure every quarter.
- New supply: Builders registered 131 new projects with HRERA Gurugram in 2025, up from 92 in 2021 (+42%). More new projects usually means more choice for buyers, and over time more competition on price.
- Rents: a gross rental yield of about 3.2%, so rent covers only a small part of the price each year. Most buyers here are paying for future value or for a home to live in.
- Projects we cover: 82 Gurgaon projects on Property Nivesh, 11 with a listed rate per sq ft. See the Gurgaon city guide for the full list.
Want the detail? Read our Gurgaon Property Price Report and the Gurgaon Infrastructure Impact Report.
Gurgaon localities at a glance
Here is how the 6 localities compare. Tap a name to jump to its chart.
| Locality | 2025 rate | Since 2020 | Per year | In 2025 | Rental yield | 2030 base case |
|---|---|---|---|---|---|---|
| Golf Course Road | ₹32,000 | +121% | +17.2% | +8.5% | 2.8% | ₹44,900 |
| Golf Course Extension Road | ₹19,500 | +124% | +17.5% | +8.3% | 3.1% | ₹27,300 |
| Southern Peripheral Road (SPR) | ₹15,500 | +150% | +20.1% | +9.2% | 3.1% | ₹22,000 |
| Dwarka Expressway | ₹13,500 | +160% | +21.0% | +8.0% | 3.0% | ₹18,800 |
| New Gurgaon (NH-48 Sectors 76–95) | ₹11,000 | +129% | +18.0% | +7.8% | 3.3% | ₹15,300 |
| Sohna (South Gurgaon) | ₹8,200 | +110% | +16.0% | +6.5% | 3.4% | ₹11,100 |
Rates are average asking prices per sq ft. "Per year" is the average yearly rise from 2020 to 2025. Rental yield is a year's rent as a share of the price, before costs.
Golf Course Road property rates
Golf Course Road costs about ₹32,000 per sq ft on average, the highest of the 6 localities here. It has gone from ₹14,500 in 2020 to ₹32,000 in 2025: up 121%. In 2025 it rose 8.5%.
Embed this chart on your site
| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Rate per sq ft | ₹14,500 | ₹16,000 | ₹20,000 | ₹25,500 | ₹29,500 | ₹32,000 |
| Change | — | +10.3% | +25.0% | +27.5% | +15.7% | +8.5% |
What you should know about Golf Course Road
- The area: Golf Course Road is Gurgaon's trophy address. Fresh land on the corridor is almost gone, most new supply is ultra-luxury, and the buyers are largely end-users and wealthy families rather than yield-seekers. That combination explains why it has the lowest rental yield in the city even as prices keep setting new highs.
- Why prices moved: Scarcity: with little land left, each new launch tends to set a fresh price benchmark for the road. Walk-to-work access to Grade-A offices in the Horizon Center cluster and quick reach to CyberHub.
- What to watch: The metro extension towards Golf Course Extension and the Global City project, which could draw some premium demand south rather than add to it here.
- Who it suits: CXOs and HNIs buying trophy end-use homes; investors should note yields are thin — this is a capital-preservation market, not a yield market.
- Rent: about 2.8% a year. A ₹1 crore home here would rent for roughly ₹23,300 a month.
- Projects on our site with a listed rate: DLF The Dahlias (₹1,00,000 per sq ft). Single projects can sit far from the area average.
- Outlook: our base case for 2030 is ₹44,900 per sq ft (range ₹38,000–₹48,100).
Golf Course Extension Road property rates
Golf Course Extension Road costs about ₹19,500 per sq ft on average, the second-highest of the 6 localities here. It has gone from ₹8,700 in 2020 to ₹19,500 in 2025: up 124%. In 2025 it rose 8.3%.
Embed this chart on your site
| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Rate per sq ft | ₹8,700 | ₹9,800 | ₹12,500 | ₹15,500 | ₹18,000 | ₹19,500 |
| Change | — | +12.6% | +27.6% | +24.0% | +16.1% | +8.3% |
What you should know about Golf Course Extension Road
- The area: Golf Course Extension Road began as the overflow market for buyers priced out of Golf Course Road and has matured into a lived-in corridor of its own, with finished towers, hospitals and an international-school cluster. It now prices comfortably above the Gurgaon average.
- Why prices moved: Ready inventory from established developers, so buyers can inspect the finished product before paying. Social infrastructure is already in place: hospitals, an international-school cluster and Worldmark retail.
- What to watch: Metro construction milestones and the Gurgaon–Faridabad road widening.
- Who it suits: Upgraders wanting 80% of Golf Course Road living at 60% of its price; balanced end-use plus investment case.
- Rent: about 3.1% a year. A ₹1 crore home here would rent for roughly ₹25,800 a month.
- Projects on our site with a listed rate: Emaar Urban Oasis (₹21,000 per sq ft) and Trump Towers Delhi NCR (₹25,000 per sq ft). Single projects can sit far from the area average.
- Outlook: our base case for 2030 is ₹27,300 per sq ft (range ₹23,100–₹29,100).
Southern Peripheral Road (SPR) property rates
Southern Peripheral Road (SPR) costs about ₹15,500 per sq ft on average, the third-highest of the 6 localities here. It has gone from ₹6,200 in 2020 to ₹15,500 in 2025: up 150%. It also rose the most in 2025, by 9.2%.
Embed this chart on your site
| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Rate per sq ft | ₹6,200 | ₹7,000 | ₹9,200 | ₹12,000 | ₹14,200 | ₹15,500 |
| Change | — | +12.9% | +31.4% | +30.4% | +18.3% | +9.2% |
What you should know about Southern Peripheral Road (SPR)
- The area: The Southern Peripheral Road links Golf Course Extension, Sohna Road and NH-48, and has become a premium mid-market corridor with large mixed-use retail and fast-rising prices, still at a discount to Golf Course Extension.
- Why prices moved: The 90-metre SPR is operational, with a junction on NH-48 at Kherki Daula. Mixed-use retail destinations such as M3M Broadway and AIPL Joy Street.
- What to watch: The Clover Leaf interchange and any movement on the SPR metro proposal.
- Who it suits: Buyers priced out of Golf Course Extension wanting the same trajectory 3 years earlier.
- Rent: about 3.1% a year. A ₹1 crore home here would rent for roughly ₹25,800 a month.
- Projects on our site with a listed rate: Signature Global Titanium SPR (₹16,000 per sq ft) and M3M Golf Hills (₹16,500 per sq ft). Single projects can sit far from the area average.
- Outlook: our base case for 2030 is ₹22,000 per sq ft (range ₹18,500–₹24,000).
Dwarka Expressway property rates
Dwarka Expressway costs about ₹13,500 per sq ft on average, the fourth-highest of the 6 localities here. It has gone from ₹5,200 in 2020 to ₹13,500 in 2025: up 160%. In 2025 it rose 8.0%.
Embed this chart on your site
| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Rate per sq ft | ₹5,200 | ₹6,000 | ₹7,800 | ₹10,200 | ₹12,500 | ₹13,500 |
| Change | — | +15.4% | +30.0% | +30.8% | +22.5% | +8.0% |
What you should know about Dwarka Expressway
- The area: Dwarka Expressway has been Gurgaon's fastest-growing corridor since the road became fully operational in 2024. Airport proximity and new civic landmarks turned a long-delayed project into the city's busiest launch market, and over five years prices have risen faster here than in any other Gurgaon locality we track.
- Why prices moved: Full operation of the expressway in 2024 shortened trips to IGI Airport and west Delhi. Yashobhoomi, the India International Convention Centre, anchors a new commercial node at the Delhi end.
- What to watch: Metro approvals, progress on Global City, and how quickly completed towers fill with residents.
- Who it suits: Investors with a 5–7 year horizon and early families comfortable with maturing (not mature) social infrastructure.
- Rent: about 3.0% a year. A ₹1 crore home here would rent for roughly ₹25,000 a month.
- Projects on our site with a listed rate: Godrej Vrikshya (₹15,000 per sq ft) and Sobha Altus (₹22,000 per sq ft). Single projects can sit far from the area average.
- Outlook: our base case for 2030 is ₹18,800 per sq ft (range ₹16,000–₹19,800).
New Gurgaon (NH-48 Sectors 76–95) property rates
New Gurgaon (NH-48 Sectors 76–95) costs about ₹11,000 per sq ft on average, the fifth-highest of the 6 localities here. It has gone from ₹4,800 in 2020 to ₹11,000 in 2025: up 129%. In 2025 it rose 7.8%.
Embed this chart on your site
| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Rate per sq ft | ₹4,800 | ₹5,400 | ₹6,800 | ₹8,600 | ₹10,200 | ₹11,000 |
| Change | — | +12.5% | +25.9% | +26.5% | +18.6% | +7.8% |
What you should know about New Gurgaon (NH-48 Sectors 76–95)
- The area: New Gurgaon, the NH-48 sectors towards Manesar, is Gurgaon's value belt: prices are among the lowest in the city and rental yields among the highest, supported by the industrial and logistics workforce around Manesar.
- Why prices moved: Industrial and logistics employment around Manesar creates steady rental demand. Direct NH-48 access plus the Central Peripheral Road and the KMP Expressway.
- What to watch: New sector roads and any firm decision on metro connectivity.
- Who it suits: First-home buyers in the ₹1–2 Cr band and yield-focused investors.
- Rent: about 3.3% a year. A ₹1 crore home here would rent for roughly ₹27,500 a month.
- Outlook: our base case for 2030 is ₹15,300 per sq ft (range ₹13,000–₹16,000).
Sohna (South Gurgaon) property rates
Sohna (South Gurgaon) costs about ₹8,200 per sq ft on average, the 6th-highest of the 6 localities here. It has gone from ₹3,900 in 2020 to ₹8,200 in 2025: up 110%. In 2025 it rose 6.5%.
Embed this chart on your site
| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Rate per sq ft | ₹3,900 | ₹4,400 | ₹5,500 | ₹6,800 | ₹7,700 | ₹8,200 |
| Change | — | +12.8% | +25.0% | +23.6% | +13.2% | +6.5% |
What you should know about Sohna (South Gurgaon)
- The area: Sohna is the most affordable growth market in greater Gurgaon, pulled closer to the city by the Sohna Elevated Corridor and the Delhi–Mumbai Expressway. It suits long-horizon buyers and families who want more space for the money.
- Why prices moved: The Sohna Elevated Corridor, opened in 2022, cut travel time to central Gurgaon. The KMP Expressway and a Delhi–Mumbai Expressway spur improve regional access.
- What to watch: Full integration with the Delhi–Mumbai Expressway and the IMT Sohna expansion.
- Who it suits: Plot and builder-floor investors; budget buyers wanting Gurgaon address under ₹1.5 Cr.
- Rent: about 3.4% a year. A ₹1 crore home here would rent for roughly ₹28,300 a month.
- Outlook: our base case for 2030 is ₹11,100 per sq ft (range ₹9,600–₹11,200).
Gurgaon property price forecast, 2026–2030
Short answer: probably up, at a steadier pace. Our base case puts the Gurgaon average near ₹23,300 per sq ft by 2030, a rise of about 40% from today. Here is the full picture.
| Year | Low case | Base case | High case | Base-case growth |
|---|---|---|---|---|
| 2025 (actual) | — | ₹16,620 | — | — |
| 2026 | ₹17,300 | ₹17,900 | ₹18,000 | +7.8% |
| 2027 | ₹17,900 | ₹19,200 | ₹19,500 | +7.4% |
| 2028 | ₹18,500 | ₹20,600 | ₹21,100 | +6.9% |
| 2029 | ₹19,100 | ₹21,900 | ₹22,800 | +6.5% |
| 2030 | ₹19,700 | ₹23,300 | ₹24,700 | +6.1% |
Gurgaon average rate per sq ft. Forecast values rounded to the nearest ₹100.
| Locality | 2025 rate | 2030 low | 2030 base case | 2030 high |
|---|---|---|---|---|
| Golf Course Road | ₹32,000 | ₹38,000 | ₹44,900 | ₹48,100 |
| Golf Course Extension Road | ₹19,500 | ₹23,100 | ₹27,300 | ₹29,100 |
| Southern Peripheral Road (SPR) | ₹15,500 | ₹18,500 | ₹22,000 | ₹24,000 |
| Dwarka Expressway | ₹13,500 | ₹16,000 | ₹18,800 | ₹19,800 |
| New Gurgaon (NH-48 Sectors 76–95) | ₹11,000 | ₹13,000 | ₹15,300 | ₹16,000 |
| Sohna (South Gurgaon) | ₹8,200 | ₹9,600 | ₹11,100 | ₹11,200 |
How we worked out the forecast
We kept it simple on purpose, so you can check it yourself. It rests on two numbers:
- A starting pace. For the Gurgaon forecast that is the latest yearly rise in the Gurgaon average (8.3% in 2025). Each locality starts from its own latest yearly rise.
- A long-run pace. We use 6.1% a year: the average yearly rise in NHB RESIDEX, the National Housing Bank's index of home values in 50 cities, over the 8 quarters from Q3 2024 to Q2 2026, as printed in NHB's press releases.
- Base case: growth starts at the starting pace and moves in equal steps towards the long-run pace, reaching it in year five. Fast markets tend to cool and slow ones tend to catch up.
- Low case: half the base-case growth each year. Think of a slower market or a few flat years.
- High case: the faster of the two paces, held for all five years.
That is all there is to it. The model does not know about interest rates, new supply, policy changes or a slowdown. Any of those can move prices well outside this range.
Please read before you use the forecast
- The forecast is based on our research and past rates only. It is an estimate, not a prediction you can rely on.
- It is not investment, financial, legal or tax advice, and it is not a recommendation to buy, sell or hold any property.
- Past growth does not guarantee future growth. Property prices can fall as well as rise.
- Rates are averages. A single project, tower or flat can be priced very differently.
- Talk to a qualified adviser and do your own checks (RERA registration, title, the builder's track record) before you decide.
How we get these rates
- What the numbers are: the average asking price per sq ft across the projects and listings our team tracks. They are not registered sale prices or government circle rates.
- One number per year: each year's bar is that year's average, and the Gurgaon bar is the simple average of the 6 localities on this page.
- Checked every month: we review the rates monthly. Once the current year has checks, its bar shows the average so far and is marked with a star (*). It firms up as the months come in.
- Who checks: the Property Nivesh Team writes these pages, and our editor reviews them before they go live. See our editorial policy and methodology.
- Sources: Property Nivesh price tracker and project pages; National Housing Bank, NHB RESIDEX press releases; HRERA Gurugram registered-project lists. NHB RESIDEX is a registered trademark of the National Housing Bank.
Questions people ask about Gurgaon property rates
What are property rates in Gurgaon right now? ＋
About ₹16,620 per sq ft on average (the average of the 6 localities on this page, 2025). Rates vary a lot by area: from ₹8,200 per sq ft in Sohna (South Gurgaon) to ₹32,000 per sq ft on Golf Course Road.
How much have property prices grown in Gurgaon? ＋
Up 130% from 2020 to 2025 on our tracker, which works out to about 18% a year. Dwarka Expressway grew fastest, by 160%.
Are property prices in Gurgaon still rising in 2026? ＋
Yes, by the official measure. NHB's index for Gurgaon was 22.8% higher in Q4 2025 than a year earlier. The pace is above the national 50-city figure (5.0%).
What is the property price forecast for Gurgaon? ＋
Our base case puts the Gurgaon average near ₹23,300 per sq ft by 2030, within a range of ₹19,700 to ₹24,700. It is a simple projection from past rates and the national trend, not a promise and not investment advice. The method is explained on this page.
Which area of Gurgaon has the highest property rates? ＋
Golf Course Road, at about ₹32,000 per sq ft in 2025. Golf Course Extension Road comes next at ₹19,500 per sq ft. The most affordable of the areas we track is Sohna (South Gurgaon).
Is Gurgaon a good place to invest in property? ＋
We don't give investment advice, but here are the numbers that matter. Prices grew about 18% a year from 2020 to 2025, and rents return about 3.2% of the price a year before costs. Compare those with what your money earns elsewhere, check the project's RERA registration and the builder's record, and plan for prices to move slower than they did recently.
What is the rental yield in Gurgaon? ＋
About 3.2% a year before costs. In plain terms, a ₹1 crore home in Gurgaon would rent for roughly ₹26,700 a month.
How often are these rates updated? ＋
We check them every month. When a year's checks come in, that year's bar shows the average so far, and the figure firms up as the months pass. The rates were last reviewed on 20 September 2026.
Property rates in other cities
- Greater Noida property rates · ₹7,800 per sq ft
- Mumbai property rates · ₹32,000 per sq ft
- Bengaluru property rates · ₹12,800 per sq ft
- Pune property rates · ₹10,500 per sq ft
- All cities: property rates in India
More on Gurgaon
- Gurgaon city guide
- Golf Course Road guide
- Golf Course Extension Road guide
- Southern Peripheral Road (SPR) guide
- Dwarka Expressway guide
- New Gurgaon (NH-48 Sectors 76–95) guide
- Sohna (South Gurgaon) guide
- Gurgaon Property Price Report
- Gurgaon Infrastructure Impact Report
- Price tracker for every locality
- New project launches
Guides you may find useful
- 500 Gaj Plot Price in Gurgaon (2026): DLF Phases, Sushant Lok and Beyond
- 100 Gaj Plot Price in Gurgaon (2026): What a 900 Sq Ft Plot Costs
- 3 BHK Flat Price in Gurugram (2026): Rates by Area and by Builder
- 2 BHK Flat Price in Gurugram (2026): Area-Wise Rates and Builder Prices
- Dwarka Expressway in 2026: Is the Second Re-Rating Coming?
- Gurgaon Luxury Market Report: H1 2026
Disclaimer: all figures are indicative and for general information. Property Nivesh is an independent research platform, not a broker or an agent for any developer. Rates, forecasts and project prices change, so confirm the current price with the developer and check RERA records before you pay anything.