Property Guide Oct 28, 2026 • 44 min read • 156 views

Gurgaon Property Guide 2026: Prices, Best Localities, Rents, Costs and Buying Checklist

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Gurgaon Property Guide 2026: Prices, Best Localities, Rents, Costs and Buying Checklist

"Gurugram, officially renamed from Gurgaon in 2016, is the largest housing market in Delhi NCR."

Gurgaon Property Guide 2026: Prices, Rents & Costs

Updated 12 October 2026 · Covers Gurugram (Gurgaon), Haryana · Reading time: 12 minutes

Illustration of the Gurugram skyline with towers of different heights beside an expresswayA row of apartment and office towers above a multi-lane road, with a sign reading Gurugram property guide 2026.GurugramProperty guide, 2026
Gurugram, officially renamed from Gurgaon in 2016, is the largest housing market in Delhi NCR.

Short answer: In 2026, flats in Gurgaon cost about ₹15,100 per sq ft on average, from about ₹11,150 in Sohna and Manesar to ₹23,550 on Golf Course Road and ₹28,500 on MG Road. Prices have more than doubled since 2019, but growth has slowed to 6% to 10% a year and sales are falling, so buyers now have more choice. Rents return only about 2% to 3% of the price a year. Stamp duty is 7% for men and 5% for women.

Key takeaways

  • Flats average about ₹15,100 per sq ft, from ₹11,150 in Sohna and Manesar to ₹23,550 on Golf Course Road and ₹28,500 on MG Road.
  • Prices have more than doubled since 2019, but growth has slowed to 6% to 10% a year.
  • Sales are falling, so buyers now have more choice and room to negotiate.
  • Rents return only about 2% to 3% of the price a year.
  • Stamp duty is 7% for men and 5% for women, with registration capped at ₹50,000.

Gurgaon property at a glance

Four key figures for Gurugram property in 2026Four panels: average asking price 15,100 rupees per square foot; prices up 117 percent since 2019; gross rental yield of 2 to 3 percent in most localities; stamp duty of 7 percent for men and 5 percent for women.₹15,100Average asking price per sq ftSquare Yards, Sep 2026+117%Price rise since 2019ANAROCK2–3%Gross rental yield, most areasCalculated7% / 5%Stamp duty, men / womenHaryana, urban
Figure 1. Gurugram property in four numbers. Sources as labelled.
Table 1. Key figures for Gurugram housing, 2026
MeasureFigureSource
Average asking price₹15,100 per sq ftSquare Yards, September 2026
Average price, new projects₹13,350 per sq ftANAROCK, Q2 2026
Price change since 2019+117%ANAROCK
Price change, latest year+6% to +10%Knight Frank H1 2026; JLL Q2 2026
2 BHK rent₹35,000 to ₹65,000 a monthHousewise India Rent Index 2026
Gross rental yieldAbout 2.7% (asking prices); 4.3% (ANAROCK)Calculated from Square Yards; ANAROCK Q2 2026
Share of NCR home salesAbout 43%JLL, Q2 2026
Share of NCR unsold homes57%Knight Frank, September 2026
Stamp duty (urban)7% men, 5% women, 6% jointHaryana government rates
₹10 crore+ home sales, 20251,494 homes, ₹24,120 croreIndia Sotheby's and CRE Matrix
Average asking price per square foot in 13 Indian cities, 2026Bar chart of Square Yards city averages: Mumbai 37,700, Navi Mumbai 19,000, Delhi 18,200, Gurgaon 15,100, Pune 13,550, Noida 12,650, Bangalore 12,400, Hyderabad 9,400, Chennai 9,200, Kolkata 6,800, Ahmedabad 5,900, Jaipur 4,950, Surat 4,550 rupees per square foot. Gurgaon is highlighted.0₹10,000₹20,000₹30,000₹40,000Mumbai: ₹37,700Mumbai₹37,700Navi Mumbai: ₹19,000Navi Mumbai₹19,000Delhi: ₹18,200Delhi₹18,200Gurgaon: ₹15,100Gurgaon₹15,100Pune: ₹13,550Pune₹13,550Noida: ₹12,650Noida₹12,650Bangalore: ₹12,400Bangalore₹12,400Hyderabad: ₹9,400Hyderabad₹9,400Chennai: ₹9,200Chennai₹9,200Kolkata: ₹6,800Kolkata₹6,800Ahmedabad: ₹5,900Ahmedabad₹5,900Jaipur: ₹4,950Jaipur₹4,950Surat: ₹4,550Surat₹4,550
Figure 2. Average asking price per sq ft in the 13 cities covered by our guides, with Gurgaon highlighted. Source: Square Yards, 2026.

At about ₹15,100 per sq ft, Gurgaon is the fourth most expensive of the 13 cities in our guides, at about 40% of Mumbai’s average.

Map of localities

Schematic map of Gurugram's main roads and residential localities with average asking pricesSchematic, not to scale. NH-48 runs from Delhi in the north-east to the south-west. Dwarka Expressway runs on the west side, Golf Course Road and Golf Course Extension Road on the east, Sohna Road runs south, and the Southern Peripheral Road links them. Localities are marked with average asking prices from 11,150 to 28,500 rupees per square foot.11NH-48 (Delhi–Jaipur highway)22Dwarka Expressway33Golf Course Road44Golf Course Extension Road55Southern Peripheral Road (SPR)66Sohna RoadMG Road₹28,500Golf Course Road₹23,550Golf Course Ext. Rd₹19,300Central Gurgaon₹17,250Sohna Road₹17,250SPR₹14,750Dwarka Expressway₹13,600New Gurgaon₹12,200Manesar₹11,150Sohna (south)₹11,150↑ North: Delhi and IGI AirportSchematic, not to scale
Figure 3. Gurugram's main roads and residential localities, with average asking price per sq ft. Schematic, not to scale.

Most of Gurugram's housing lies along five corridors. NH-48 is the spine from Delhi to Manesar. Golf Course Road and Golf Course Extension Road form the luxury belt on the east. Sohna Road runs south. The Southern Peripheral Road (SPR) links them. Dwarka Expressway, on the west, connects Gurugram to Dwarka and the airport side of Delhi.

Property prices by locality

In short: flats in Gurgaon average about ₹15,100 per sq ft. Of the areas in this guide, Sohna (₹11,150) and Manesar (₹11,150) are the cheapest, and MG Road (₹28,500) and Golf Course Road (₹23,550) the most expensive.

Average asking price per square foot in ten Gurugram localities, September 2026Horizontal bar chart. MG Road is highest at 28,500 rupees per square foot, then Golf Course Road at 23,550 and Golf Course Extension Road at 19,300. Sohna and Manesar are lowest at 11,150. The city average is 15,100.0₹10,000₹20,000₹30,000City average, ₹15,100MG Road: ₹28,500 per sq ftMG Road₹28,500Golf Course Road: ₹23,550 per sq ftGolf Course Road₹23,550Golf Course Extension Road: ₹19,300 per sq ftGolf Course Extension Road₹19,300Central Gurgaon: ₹17,250 per sq ftCentral Gurgaon₹17,250Sohna Road: ₹17,250 per sq ftSohna Road₹17,250Southern Peripheral Road: ₹14,750 per sq ftSouthern Peripheral Road₹14,750Dwarka Expressway: ₹13,600 per sq ftDwarka Expressway₹13,600New Gurgaon: ₹12,200 per sq ftNew Gurgaon₹12,200Sohna: ₹11,150 per sq ftSohna₹11,150Manesar: ₹11,150 per sq ftManesar₹11,150
Figure 4. Average asking price per sq ft by locality, September 2026. Source: Square Yards. The dashed line marks the city average.
Average asking price in each Gurgaon area compared with the city averageDiverging bar chart. Compared with the Gurgaon average of 15,100 rupees per square foot, MG Road is 89 percent higher and Manesar is 26 percent lower.−50%0%+50%+100%MG Road+89%Golf Course Road+56%Golf Course Extension Road+28%Central Gurgaon+14%Sohna Road+14%Southern Peripheral Road−2%Dwarka Expressway−10%New Gurgaon−19%Sohna−26%Manesar−26%
Figure 5. Each area's average asking price compared with the city average of ₹15,100. Calculated from Square Yards data.

Select a column heading to sort. Enter a budget to see how much floor area it buys in each locality at the average asking price.

Table 2. Prices, rents and yields in ten Gurugram localities
Segment
MG Road₹28,500n/an/an/aEstablished
Golf Course Road₹23,550+10.2%₹472.4%Luxury, established
Golf Course Extension Road₹19,300+0.4%₹382.4%Luxury, newer
Central Gurgaon₹17,250−1.9%₹312.2%Mid to premium, established
Sohna Road₹17,250+1.6%₹312.2%Mid to premium
Southern Peripheral Road₹14,750−5.5%₹322.6%Premium, newer
Dwarka Expressway₹13,600−2.9%₹272.4%Mid to premium, newer
New Gurgaon₹12,200+1.3%₹242.4%Mid-segment, newer
Sohna₹11,150+13.0%₹252.7%Affordable to mid
Manesar₹11,150−5.9%₹424.5%Affordable to mid

Source: Square Yards locality data, September 2026. Prices and rents are averages of listed asking prices across ready and under-construction homes. Square Yards does not state the period for the recent change, which appears to be quarterly. Implied yield = rent × 12 ÷ price. Manesar's high yield reflects its rental mix and may not hold for new flats.

Gurgaon areas grouped by price compared with the city averageFour panels grouping Gurgaon areas by average asking price relative to the city average of 15,100 rupees per square foot. Under 75% of the city average: Sohna, Manesar. 75% to 100%: New Gurgaon, Dwarka Expressway, Southern Peripheral Road. 100% to 125%: Central Gurgaon, Sohna Road. Over 125% of the city average: Golf Course Extension Road, Golf Course Road, MG Road.Under 75% of the cityaverage2 areasSohnaManesar75% to 100%3 areasNew GurgaonDwarka ExpresswaySouthern PeripheralRoad100% to 125%2 areasCentral GurgaonSohna RoadOver 125% of the cityaverage3 areasGolf Course ExtensionRoadGolf Course RoadMG Road
Figure 6. Areas in this guide grouped by how their average asking price compares with the Gurgaon average of ₹15,100 per sq ft. Calculated from Square Yards data.

Best localities by budget

Table 3. What your budget buys in Gurgaon
BudgetWhere to lookTypical size at average prices
Under ₹1 croreNew Gurgaon, Sohna, Manesar, resale in older sectorsAbout 735 to 900 sq ft: a compact 2 BHK
₹1 crore to ₹2 croreDwarka Expressway, New Gurgaon, Southern Peripheral Road, SohnaAbout 1,150 to 1,800 sq ft: a 2 or 3 BHK
₹2 crore to ₹5 croreSohna Road, Golf Course Extension Road, Southern Peripheral Road, Dwarka ExpresswayAbout 1,050 to 3,700 sq ft: a 3 or 4 BHK
Above ₹5 croreGolf Course Road, Golf Course Extension Road, MG RoadAbout 1,750 to 2,600 sq ft at ₹5 crore; most luxury towers are larger and pricier

Calculated from Square Yards average asking prices, September 2026. Gurugram prices are usually quoted on super area, which includes a share of common areas, so carpet area is smaller. Use the budget column in Table 2 for any amount.

Price of a 1,000 sq ft flat in each Gurgaon area at average asking pricesBar chart. At average asking prices, a 1,000 square foot flat costs about ₹2.85 crore in MG Road and about ₹1.11 crore in Manesar.0₹1 crore₹2 crore₹3 croreMG Road: ₹2.85 croreMG Road₹2.85 croreGolf Course Road: ₹2.35 croreGolf Course Road₹2.35 croreGolf Course Extension Road: ₹1.93 croreGolf Course Extension Road₹1.93 croreCentral Gurgaon: ₹1.73 croreCentral Gurgaon₹1.73 croreSohna Road: ₹1.73 croreSohna Road₹1.73 croreSouthern Peripheral Road: ₹1.48 croreSouthern Peripheral Road₹1.48 croreDwarka Expressway: ₹1.36 croreDwarka Expressway₹1.36 croreNew Gurgaon: ₹1.22 croreNew Gurgaon₹1.22 croreSohna: ₹1.11 croreSohna₹1.11 croreManesar: ₹1.11 croreManesar₹1.11 crore
Figure 7. What a typical 1,000 sq ft flat (roughly a 2 BHK) costs in each area at its average asking price, before stamp duty and other costs. Calculated from Square Yards data.

Price trends

Average Gurugram home price per square foot in 2019 and Q2 2026Column chart. The average price rose from 6,150 rupees per square foot in 2019 to 13,350 in Q2 2026, up 117 percent, according to ANAROCK.Gurugram average 2019: ₹6,150 per sq ft₹6,1502019Gurugram average Q2 2026: ₹13,350 per sq ft₹13,350Q2 2026+117% in about seven years
Figure 8. ANAROCK average quoted price for Gurugram. Source: ANAROCK Research, August 2026.

Gurugram has been one of India's fastest-rising housing markets since the pandemic. ANAROCK's average more than doubled between 2019 and mid-2026. Over the same period, ANAROCK's figures for Bengaluru rose 90% and Mumbai 64%.

The latest year: growth is slowing

Annual Gurugram home price growth reported by three sourcesBar chart. NHB RESIDEX reported 22.8 percent for October to December 2025, JLL 10 percent for Q2 2026 and Knight Frank 6 percent for H1 2026.0%5%10%15%20%25%NHB RESIDEX: +22.8% (Oct–Dec 2025, lenders' valuations)NHB RESIDEXOct–Dec 2025, lenders' valuations+22.8%JLL: +10% (Q2 2026, capital values)JLLQ2 2026, capital values+10%Knight Frank: +6% (H1 2026, weighted average)Knight FrankH1 2026, weighted average+6%
Figure 9. Annual Gurugram price growth from three sources. Each measures different homes and periods, so the figures are not directly comparable.
Recent change in average asking price by Gurgaon areaDiverging bar chart of recent asking price changes in Gurgaon. Sohna rose most, by 13.0 percent; Manesar changed least, by -5.9 percent.−20%−10%0%+10%+20%Sohna+13.0%Golf Course Road+10.2%Sohna Road+1.6%New Gurgaon+1.3%Golf Course Extension Road+0.4%Central Gurgaon−1.9%Dwarka Expressway−2.9%Southern Peripheral Road−5.5%Manesar−5.9%
Figure 10. Recent change in average asking price by area. Source: Square Yards, 2026. Periods are labelled inconsistently by the source.

The three main measures all show growth, but at very different rates. NHB's index, built from lenders' valuations, put Gurugram first among large markets at 22.8% for the year to December 2025. JLL put capital values up 10% in the year to June 2026, the highest in NCR. Knight Frank's weighted average rose 6% in H1 2026, against 8% in Noida and 18% in Delhi. Read together, they point to a market that is still rising but slowing.

Weighted average home price and annual change in six NCR markets, H1 2026Bar chart. Delhi 26,027 rupees per square foot, up 18 percent; Gurugram 18,354, up 6 percent; Noida 15,109, up 8 percent; Greater Noida 9,734, up 6 percent; Ghaziabad 9,668, up 15 percent; Faridabad 8,370, up 18 percent.0₹10,000₹20,000Delhi: ₹26,027 per sq ft, +18% in a yearDelhi₹26,027 · +18% a yearGurugram: ₹18,354 per sq ft, +6% in a yearGurugram₹18,354 · +6% a yearNoida: ₹15,109 per sq ft, +8% in a yearNoida₹15,109 · +8% a yearGreater Noida: ₹9,734 per sq ft, +6% in a yearGreater Noida₹9,734 · +6% a yearGhaziabad: ₹9,668 per sq ft, +15% in a yearGhaziabad₹9,668 · +15% a yearFaridabad: ₹8,370 per sq ft, +18% in a yearFaridabad₹8,370 · +18% a year
Figure 11. Weighted average price and annual change in NCR markets, H1 2026. Source: Knight Frank India. Knight Frank's averages differ from ANAROCK's and Square Yards' because each samples different homes.

The fastest corridors

Average quoted price per square foot on Dwarka Expressway and in New Gurugram, 2019, 2025 and 2026Dot chart. Dwarka Expressway rose from 5,359 rupees per square foot at the end of 2019 to 12,850 in Q2 2025 and 14,180 in Q2 2026, up 165 percent. New Gurugram rose from 6,100 to 12,260 and 13,450, up 120 percent.End 2019Q2 2025Q2 20260₹5,000₹10,000₹15,000Dwarka Expressway: ₹5,359 (2019), ₹12,850 (Q2 2025), ₹14,180 (Q2 2026)Dwarka Expressway+165% since 2019New Gurugram: ₹6,100 (2019), ₹12,260 (Q2 2025), ₹13,450 (Q2 2026)New Gurugram+120% since 2019
Figure 12. Average quoted price per sq ft. Sources: ANAROCK micro-market study (2019) and ANAROCK NCR Residential Market Viewpoints (Q2 2025, Q2 2026).

Dwarka Expressway is the standout. Its average quoted price has risen about 165% since the end of 2019 and 10% in the latest year. New Gurugram, along NH-48, rose about 120% and 10%. Quarterly growth in both has slowed to about 1%, from 4% to 5% in mid-2025.

Locality guide

MG Road

Around DLF Phases 1 to 3

₹28,500 per sq ft. Limited new supply; MG Road metro stations on the Yellow Line. Suits: buyers who want the oldest prime address.

Golf Course Road

Around sectors 27, 28, 42, 43 and 53 to 56

₹23,550 per sq ft · rent about ₹47 per sq ft a month · implied yield 2.4%. DLF's flagship towers; Rapid Metro along the road. Suits: top-end buyers, senior professionals.

Golf Course Extension Road

Around sectors 58 to 67

₹19,300 per sq ft · rent about ₹38 per sq ft a month · implied yield 2.4%. Where most new high-end launches sit; sectors 58 to 67. Suits: buyers wanting new luxury towers.

Central Gurgaon

Older sectors, roughly 4 to 23

₹17,250 per sq ft · rent about ₹31 per sq ft a month · implied yield 2.2%. Includes older sectors near the metro and markets. Suits: families wanting older, central sectors.

Sohna Road

Around sectors 47 to 49 and 68 to 72

₹17,250 per sq ft · rent about ₹31 per sq ft a month · implied yield 2.2%. Gated communities; links to SPR and the Sohna elevated road. Suits: families, office workers in the south.

Southern Peripheral Road

Around sectors 69 to 76

₹14,750 per sq ft · rent about ₹32 per sq ft a month · implied yield 2.6%. Connects Golf Course Extension Road to NH-48. Suits: buyers between Golf Course Extension and NH-48.

Dwarka Expressway

Around sectors 36 to 37 and 99 to 113

₹13,600 per sq ft · rent about ₹27 per sq ft a month · implied yield 2.4%. Expressway open since 2024; metro spur planned; Global City nearby. Suits: buyers working in Delhi or near the airport.

New Gurgaon

Sectors 76 to 95

₹12,200 per sq ft · rent about ₹24 per sq ft a month · implied yield 2.4%. Sectors 76 to 95 along NH-48. Suits: first-time buyers and value seekers.

Sohna

Sohna town and surrounding sectors

₹11,150 per sq ft · rent about ₹25 per sq ft a month · implied yield 2.7%. Farther south; Delhi-Mumbai Expressway access. Suits: budget buyers and long-term investors.

Manesar

IMT Manesar and nearby sectors

₹11,150 per sq ft · rent about ₹42 per sq ft a month · implied yield 4.5%. Auto and industrial hub along NH-48. Suits: buyers working in the industrial belt.

Prices and rents: Square Yards, September 2026. Descriptions are general; check individual projects.

Rents and rental yield

In short: A 2 BHK rents for ₹35,000 to ₹65,000 a month. Most localities return only 2.2% to 2.7% in gross rent, so buying depends on prices rising.

A 2 BHK in Gurugram rents for ₹35,000 to ₹65,000 a month, and rents rose 8% to 12% in the year to mid-2026, according to the Housewise India Rent Index. On Dwarka Expressway, ANAROCK puts 2 BHK rents at ₹25,500 to ₹37,000; in New Gurugram, ₹22,000 to ₹35,000.

Monthly rent for a 2 BHK flat in Gurugram and other Indian cities, 2026Range bar chart. A 2 BHK rents for 35,000 to 65,000 rupees a month in Gurugram, second only to Mumbai at 55,000 to 90,000. Delhi NCR is 32,000 to 55,000 and Bengaluru 28,000 to 50,000.₹0k₹25k₹50k₹75k₹100kMumbai: ₹55,000 to ₹90,000 a monthMumbai₹55k–90kGurugram: ₹35,000 to ₹65,000 a monthGurugram₹35k–65kDelhi NCR: ₹32,000 to ₹55,000 a monthDelhi NCR₹32k–55kBengaluru: ₹28,000 to ₹50,000 a monthBengaluru₹28k–50kPune: ₹22,000 to ₹40,000 a monthPune₹22k–40kHyderabad: ₹22,000 to ₹40,000 a monthHyderabad₹22k–40kNoida: ₹20,000 to ₹35,000 a monthNoida₹20k–35k
Figure 13. Monthly rent for a 2 BHK, 2026. Source: Housewise India Rent Index.
Implied gross rental yield in nine Gurugram localitiesBar chart. Manesar shows 4.5 percent, an outlier. Every other locality is between 2.2 and 2.7 percent, below the 3.2 to 4.6 percent range of India's top cities.Top-city range, 3.2% to 4.6% (ANAROCK)0%1%2%3%4%5%Manesar: 4.5% (rent ₹42 per sq ft a month, price ₹11,150)Manesar4.5%Sohna: 2.7% (rent ₹25 per sq ft a month, price ₹11,150)Sohna2.7%Southern Peripheral Road: 2.6% (rent ₹32 per sq ft a month, price ₹14,750)Southern Peripheral Road2.6%Golf Course Road: 2.4% (rent ₹47 per sq ft a month, price ₹23,550)Golf Course Road2.4%Dwarka Expressway: 2.4% (rent ₹27 per sq ft a month, price ₹13,600)Dwarka Expressway2.4%Golf Course Extension Road: 2.4% (rent ₹38 per sq ft a month, price ₹19,300)Golf Course Extension Road2.4%New Gurgaon: 2.4% (rent ₹24 per sq ft a month, price ₹12,200)New Gurgaon2.4%Central Gurgaon: 2.2% (rent ₹31 per sq ft a month, price ₹17,250)Central Gurgaon2.2%Sohna Road: 2.2% (rent ₹31 per sq ft a month, price ₹17,250)Sohna Road2.2%
Figure 14. Implied gross rental yield by locality: asking rent per sq ft × 12 ÷ asking price per sq ft. Calculated from Square Yards data, September 2026. Band: ANAROCK's Q2 2026 yields for India's top cities.
Price per square foot against gross rental yield in Gurgaon areasScatter chart of 9 Gurgaon areas. Manesar has the highest yield at 4.5 percent at 11,150 rupees per square foot; Central Gurgaon has the lowest at 2.2 percent at 17,250.₹10,000₹12,500₹15,000₹17,500₹20,000₹22,500₹25,000₹27,5001%2%3%4%5%Average asking price per sq ftGross rental yieldCity average 2.7%ManesarSohnaSouthern Peripheral RoadGolf Course RoadDwarka ExpresswayGolf Course Extension RoadNew GurgaonCentral GurgaonSohna RoadManesar: ₹11,150 per sq ft, 4.5%Sohna: ₹11,150 per sq ft, 2.7%Southern Peripheral Road: ₹14,750 per sq ft, 2.6%Golf Course Road: ₹23,550 per sq ft, 2.4%Dwarka Expressway: ₹13,600 per sq ft, 2.4%Golf Course Extension Road: ₹19,300 per sq ft, 2.4%New Gurgaon: ₹12,200 per sq ft, 2.4%Central Gurgaon: ₹17,250 per sq ft, 2.2%Sohna Road: ₹17,250 per sq ft, 2.2%
Figure 15. Average asking price per sq ft against implied gross rental yield (asking rent × 12 ÷ asking price). Calculated from Square Yards data, 2026. Hover over a dot for its figures.

Gurugram is a capital-growth market, not an income market. Most localities return 2.2% to 2.7% a year in gross rent. ANAROCK's citywide figure is higher, at 4.3%, but even that is about half the cost of a home loan. A buyer who borrows depends on prices continuing to rise.

EMI or rent?

Table 4. Monthly EMI compared with rent on the same flat
Flat priceDown payment (20%)Stamp duty (man, 7%)Monthly EMITypical monthly rentEMI ÷ rent
₹1 crore₹20 lakh₹7 lakh₹66,900₹22,5003.0×
₹2 crore₹40 lakh₹14 lakh₹1,33,800₹45,0003.0×
₹5 crore₹1 crore₹35 lakh₹3,34,600₹1,12,5003.0×

EMI on an 80% loan for 20 years at 8%, roughly where home loan rates sit after the October 2026 repo rate increase. Rent assumes a 2.7% gross yield, the citywide figure calculated from Square Yards data.

In Gurugram, owning costs about three times as much each month as renting the same flat, before maintenance and the cash tied up in the down payment and stamp duty. Buying pays off only if prices keep rising strongly or you stay for many years.

Monthly EMI on a typical Gurgaon flat at five interest ratesBar chart. For an ₹1.21 crore loan over 20 years, the EMI is about 97,316 rupees a month at 7.5 percent and 1,12,601 at 9.5 percent.0₹50,000₹1,00,000₹1,50,0007.5%: ₹97,3167.5%₹97,3168%: ₹1,01,0428%₹1,01,0428.5%: ₹1,04,8338.5%₹1,04,8339%: ₹1,08,6879%₹1,08,6879.5%: ₹1,12,6019.5%₹1,12,601
Figure 16. Monthly EMI on an 80% loan of ₹1.21 crore over 20 years, for a 1,000 sq ft flat at the Gurgaon average of ₹15,100 per sq ft. The highlighted 8% is the rate used elsewhere in this guide.

Each half-point rise in the interest rate adds about ₹3,726 a month to the EMI on this loan, so compare lenders and ask how your rate is linked to the repo rate.

Sales, supply and luxury

Homes sold in Gurugram, 2023 to 2025, from two sourcesColumn chart. PropEquity counted 64,314 homes sold in 2023 and 106,739 in 2024. ANAROCK, which uses a narrower method, counted about 24,400 in 2025. The 2025 figure is not comparable with the earlier two.2023: 64,314 homes sold (PropEquity)64,3142023PropEquity2024: 1,06,739 homes sold (PropEquity)1,06,7392024PropEquity2025: 24,400 homes sold (ANAROCK*)24,4002025ANAROCK*
Figure 17. Homes sold in Gurugram. Sources: PropEquity (2023, 2024); ANAROCK (2025). *ANAROCK counts a narrower set of projects, so its figure is not comparable with PropEquity's.

Sales boomed in 2024, when PropEquity counted 1,06,739 homes sold in Gurugram worth about ₹1.07 lakh crore, up 66% on 2023 and about 70% of all NCR sales. On ANAROCK's narrower measure, Gurugram accounted for 48% of NCR launches and 42% of sales in 2025.

Gurugram's share of NCR home sales, launches and unsold homesBar chart. Gurugram accounted for 43 percent of NCR home sales and 45 percent of launches in Q2 2026, according to JLL, and 57 percent of NCR's unsold homes in September 2026, according to Knight Frank.0%25%50%75%100%Share of NCR home sales: 43% (JLL, Q2 2026)Share of NCR home salesJLL, Q2 202643%Share of NCR launches: 45% (JLL, Q2 2026)Share of NCR launchesJLL, Q2 202645%Share of NCR unsold homes: 57% (Knight Frank, Sep 2026)Share of NCR unsold homesKnight Frank, Sep 202657%
Figure 18. Gurugram's weight in the NCR market. Sources: JLL (sales and launches, Q2 2026), Knight Frank (unsold homes, September 2026).

The cycle has turned. Knight Frank reported that NCR sales fell 11% in January to September 2026, the only decline among India's major markets, with Gurugram accounting for most of it. Gurugram now holds 57% of NCR's unsold homes. Knight Frank also notes that well-located NCR homes under ₹1 crore have largely been sold, so most new stock is priced above ₹2 crore.

Luxury

Sales of homes priced at 10 crore rupees or moreBar chart. Gurugram sold 155 such homes worth 4,004 crore rupees in 2023 and 1,494 worth 24,120 crore in 2025, more than Mumbai's 21,902 crore in 2025.₹0 cr₹10,000 cr₹20,000 crGurugram, 2023: ₹4,004 crore, 155 homesGurugram, 2023₹4,004 cr · 155 homesGurugram, 2025: ₹24,120 crore, 1,494 homesGurugram, 2025₹24,120 cr · 1,494 homesMumbai, 2025: ₹21,902 croreMumbai, 2025₹21,902 cr
Figure 19. Sales of homes priced at ₹10 crore or more. Source: India Sotheby's International Realty and CRE Matrix, February 2026.

Gurugram became India's largest market for ultra-luxury homes in 2025. It sold 1,494 homes priced at ₹10 crore or more, against 155 in 2023, at an average of about ₹16 crore. These sales made up 24% of the city's residential sales value. On Golf Course Extension Road, prices in this segment rose from about ₹24,855 to ₹37,899 per sq ft, and sales on Dwarka Expressway rose from ₹383 crore in 2024 to ₹8,347 crore in 2025.

Gurgaon vs. Noida

Table 5. Gurugram and Noida compared
MeasureGurugramNoidaSource
Weighted average price, H1 2026₹18,354 per sq ft₹15,109 per sq ftKnight Frank
Price change, latest year+6%+8%Knight Frank
Price change, 2019 to Q2 2026+117%+125%ANAROCK
Gross rental yield, Q2 20264.3%3.9%ANAROCK
2 BHK rent per month₹35,000 to ₹65,000₹20,000 to ₹35,000Housewise
Stamp duty, male buyer7%7%State rates
Airport accessIGI Airport, DelhiNoida International AirportANAROCK

Gurugram is the larger, costlier and more corporate market, with the bigger luxury segment. Noida is cheaper, and its prices have recently grown at least as fast. Buyers who work in Gurugram's office hubs usually live in Gurugram; the commute between the two is long.

Infrastructure

Gurugram Metro, Millennium City Centre to Cyber City, key figuresFour panels. The line is 28.5 kilometres long with 27 stations, an estimated cost of 5,450 crore rupees, and expected completion around 2028.28.5 kmNew metro line27Stations₹5,450 crEstimated cost~2028Expected completion
Figure 20. Gurugram Metro, Millennium City Centre to Cyber City. Source: The Tribune, February 2024.
  • Gurugram Metro. A 28.5 km line from Millennium City Centre to Cyber City, with 27 stations through old Gurugram and a 1.85 km spur towards Dwarka Expressway. The foundation stone was laid on 16 February 2024, with completion expected in about four years. It connects with the Rapid Metro near Cyber City.
  • Dwarka Expressway. The Haryana section opened in 2024, linking New Gurugram to Dwarka and the airport side of Delhi.
  • Global City. A 1,002-acre mixed-use township being built by HSIIDC in sectors 36 to 37B near Dwarka Expressway. Phase 1 covers 587 acres and was about 20% complete in early 2026, with completion targeted for December 2026. Full build-out is targeted around 2035.
  • Offices. NCR office leasing was 7.2 million sq ft in H1 2026 and office rents rose 13% in a year, according to Knight Frank. Cyber City, Golf Course Road and Udyog Vihar anchor much of that demand.
Timeline of major Gurugram infrastructure milestonesTimeline. 2016: Gurgaon renamed Gurugram. 2024: metro foundation stone laid and Dwarka Expressway Haryana section opened. 2026: Global City Phase 1 target. Around 2028: new metro line expected. Around 2035: Global City full build-out target.2016Gurgaon officially renamed GurugramDone2024Gurugram Metro foundation stone laid (February)Done2024Dwarka Expressway Haryana section opensDoneDec 2026Global City Phase 1 completion targetTarget~2028New metro line expected to openTarget~2035Global City full build-out targetTarget
Figure 21. Major infrastructure milestones. Years after 2026 are official targets and may slip. Sources: The Tribune, Haryana.com.

Projects that are open, such as the expressway, are already reflected in prices. Projects still under construction, such as the metro line and Global City, may take years to affect a given locality.

Stamp duty and buying costs

In short: on a ₹1 crore home, stamp duty and registration come to about ₹7.5 lakh for a man and ₹5.5 lakh for a woman buying alone, in the middle of the 13 cities in our guides.

Table 6. Stamp duty in Gurugram
BuyerUrban areasRural areas
Man7%5%
Woman5%3%
Joint (man and woman)6%4%

Charged on the higher of the transaction value and the collector rate for the sector. Source: TOI Homes, October 2026. Confirm the current rate with the sub-registrar before you pay.

Stamp duty and registration on a 2 crore rupee flat in Gurugram by buyerStacked bar chart. A man pays about 14.5 lakh rupees, joint male and female owners about 12.5 lakh, and a woman about 10.5 lakh, including a 50,000 rupee registration fee.₹0 lakh₹5 lakh₹10 lakh₹15 lakhMan: stamp duty ₹14 lakh plus registration ₹0.5 lakhMan buyer₹14.5 lakhJoint: stamp duty ₹12 lakh plus registration ₹0.5 lakhJoint buyer₹12.5 lakhWoman: stamp duty ₹10 lakh plus registration ₹0.5 lakhWoman buyer₹10.5 lakhStamp dutyRegistration (₹50,000 cap)
Figure 22. Stamp duty and registration on a ₹2 crore flat in an urban sector, by buyer.
Stamp duty and registration on a 1 crore rupee home in 13 Indian citiesGrouped bar chart of stamp duty plus registration on a 1 crore rupee home in 13 cities, for a man and for a woman. Surat: 5.9 lakh for a man and 4.9 lakh for a woman; Ahmedabad: 5.9 lakh for a man and 4.9 lakh for a woman; Mumbai: 6.3 lakh for a man and 5.3 lakh for a woman; Delhi: 7.0 lakh for a man and 5.0 lakh for a woman; Kolkata: 7.0 lakh for a man and 7.0 lakh for a woman; Chennai: 7.0 lakh for a man and 7.0 lakh for a woman; Navi Mumbai: 7.3 lakh for a man and 6.3 lakh for a woman; Pune: 7.3 lakh for a man and 6.3 lakh for a woman; Gurugram: 7.5 lakh for a man and 5.5 lakh for a woman; Hyderabad: 7.5 lakh for a man and 7.5 lakh for a woman; Bengaluru: 7.6 lakh for a man and 7.6 lakh for a woman; Noida: 8.0 lakh for a man and 7.0 lakh for a woman; Jaipur: 9.0 lakh for a man and 7.7 lakh for a woman.ManWoman0₹2.5 lakh₹5 lakh₹7.5 lakh₹10 lakhSurat₹5.9 lakh₹4.9 lakhAhmedabad₹5.9 lakh₹4.9 lakhMumbai₹6.3 lakh₹5.3 lakhDelhi₹7.0 lakh₹5.0 lakhKolkata₹7.0 lakh₹7.0 lakhChennai₹7.0 lakh₹7.0 lakhNavi Mumbai₹7.3 lakh₹6.3 lakhPune₹7.3 lakh₹6.3 lakhGurugram₹7.5 lakh₹5.5 lakhHyderabad₹7.5 lakh₹7.5 lakhBengaluru₹7.6 lakh₹7.6 lakhNoida₹8.0 lakh₹7.0 lakhJaipur₹9.0 lakh₹7.7 lakh
Figure 23. Stamp duty plus registration on a ₹1 crore home in the main city area, for a man and a woman buying alone. Calculated from state rates in our city guides; Bengaluru includes an estimated cess.
Table 7. Other costs to budget for
CostTypical amountNotes
Registration feeUp to ₹50,000Slab-based; capped at ₹50,000
GST5% of priceUnder-construction homes only; 1% for homes that qualify as affordable
BrokerageAbout 1%Mainly on resale; negotiable
Maintenance deposit and chargesVaries by projectAsk for the full schedule before booking
Property taxAnnualPaid to the Municipal Corporation of Gurugram

Buyers of new homes can claim stamp duty and registration within the ₹1.5 lakh Section 80C limit under the old tax regime.

Cash needed upfront to buy a 1 crore rupee home in GurgaonStacked bar chart for a man or joint buyer with an 80 percent home loan. A resale home needs about 28.5 lakh rupees upfront: a 20 lakh down payment, about 7.5 lakh in stamp duty and registration and 1 lakh brokerage. A new under-construction flat needs about 32.5 lakh: the down payment, about 7.5 lakh in duty and registration and 5 lakh GST.Down payment (20%)Duty and registrationBrokerageGST0₹8 lakh₹16 lakh₹24 lakh₹32 lakhResale, ready to move₹28.5 lakhNew flat, under construction₹32.5 lakh
Figure 24. Cash needed upfront on a ₹1 crore home with an 80% loan, for a man or joint buyer: the down payment plus costs that banks do not usually finance. Excludes interiors, maintenance deposits and loan fees.

Banks lend against the property price, so stamp duty, registration and GST usually have to come from your own savings on top of the down payment. Plan for about ₹28 lakh to ₹32 lakh in cash for every ₹1 crore of property.

Buying cost calculator

–Stamp duty
–Registration fee
–GST
–Brokerage
–Total cost of purchase

Urban stamp duty rates on the price entered. If the collector rate for the sector is higher than your price, stamp duty is charged on the collector rate. Registration uses the published slabs. Excludes maintenance, interiors and loan fees. An estimate, and not legal or tax advice.

Buyer's checklist

Eight checks before buying property in GurugramEight numbered steps: HRERA registration, DTCP licence, occupation certificate, title check, collector rate, clear dues, site visit, full budget.1HRERA registration→2DTCP licence→3Occupation certificate→4Title check5Collector rate→6Clear dues→7Site visit→8Full budget
Figure 25. Eight checks before you buy. Details below.
  1. Check HRERA registration. Search the project on the HRERA Gurugram website and read its approved timelines and any complaints.
  2. Check the DTCP licence. Confirm the developer's licence for the land with the Town and Country Planning Department, Haryana.
  3. Ask for the occupation certificate. For a ready flat, do not pay in full without it.
  4. Verify the title. Have a lawyer check the title chain and any loans against the land or flat.
  5. Look up the collector rate. It sets the minimum value for stamp duty in each sector.
  6. Clear dues. On resale, confirm property tax, maintenance, water and electricity dues are paid.
  7. Visit in the monsoon and at rush hour. Waterlogging and traffic vary sharply from road to road.
  8. Budget for everything. Use the calculator above, then add interiors and moving costs.
Typical steps and timing to buy a flatTimeline of six steps: 1, Shortlist and visit, about 2–6 weeks; 2, Legal and RERA checks, about 1–2 weeks; 3, Token and sale agreement, about 1 week; 4, Home loan sanction, about 2–4 weeks; 5, Pay duty and register, about 1–2 days; 6, Possession and transfer, about 2–8 weeks.1Shortlist andvisit2–6 weeks2Legal and RERAchecks1–2 weeks3Token and saleagreement1 week4Home loansanction2–4 weeks5Pay duty andregister1–2 days6Possession andtransfer2–8 weeks
Figure 26. Typical steps and timing to buy a ready flat with a home loan. Times are indicative and vary by property, lender and sub-registrar office.
Eight documents to collect before buying a flatEight panels: Title deed and chain: Sale deeds proving the seller owns it; Encumbrance certificate: No loans or claims on the property; Approved building plan: Sanctioned by the local authority; Completion or occupancy: Certificate for a ready building; RERA registration: For new or under-construction projects; Tax and utility receipts: Paid up to date, no dues; Society NOC: No-objection and no-dues letter; Land record extract: Matches the seller's name and area.Title deed andchainSale deeds proving theseller owns itEncumbrancecertificateNo loans or claims on thepropertyApprovedbuilding planSanctioned by the localauthorityCompletion oroccupancyCertificate for a readybuildingRERAregistrationFor new or under-construction projectsTax and utilityreceiptsPaid up to date, no duesSociety NOCNo-objection and no-duesletterLand recordextractMatches the seller's nameand area
Figure 27. Documents to collect and have checked by a lawyer before you pay more than a token amount. Names vary by state; see the checklist above for local terms.

Ready vs. under construction

Extra costs on a 2 crore rupee flat in Gurugram, ready versus under construction, for a male buyerStacked bar chart. A ready resale flat costs about 16.5 lakh rupees on top of the price: 14 lakh stamp duty, 2 lakh brokerage at 1 percent and 50,000 registration. An under-construction flat costs about 24.5 lakh: 14 lakh stamp duty, 10 lakh GST at 5 percent and 50,000 registration.Stamp dutyGSTBrokerage and registration₹0 lakh₹10 lakh₹20 lakh₹30 lakhReady to move (resale)₹16.5 lakhUnder construction₹24.5 lakh
Figure 28. Costs on top of the price for a ₹2 crore flat bought by a man in an urban sector. Resale includes 1% brokerage. GST at 5% applies to under-construction homes that do not qualify as affordable.
Table 8. Ready-to-move and under-construction homes compared
FactorReady to moveUnder construction
GSTNone5% (1% if affordable)
PriceUsually higher per sq ftOften lower, with staged payments
RiskWhat you see is what you getDelivery delays and changes
Rent or move inImmediatelyAfter possession, often three to five years
ChoiceMostly resale in older sectorsMost new supply, especially on Dwarka Expressway and Golf Course Extension Road

Outlook for 2026 and 2027

The indicators point to a slower market, not a falling one.

  • Prices are still rising, but more slowly. Annual growth of 6% to 10% on Knight Frank's and JLL's latest figures, down from 20% and more in 2024 and 2025.
  • Sales are falling. NCR sales fell 11% in the first nine months of 2026, led by Gurugram.
  • Stock is building up. Gurugram holds 57% of NCR's unsold homes, and developers have been launching more homes than they sell.
  • Loans are getting dearer. The RBI raised the repo rate to 5.50% in October 2026 and signalled further tightening.
  • Infrastructure is still arriving. The new metro line and Global City could support prices in old Gurugram and on Dwarka Expressway when they open.

Developers and brokers quoted by Business Today in January 2026 expected consolidation in over-leveraged luxury pockets and continued growth on Dwarka Expressway and in New Gurugram. That is an industry view, and no one has published a reliable price forecast. For buyers, a slower market usually means more negotiating room and less pressure to book early.

Risks

  • Slowing sales and high inventory. Gurugram holds 57% of NCR's unsold homes, which limits how fast prices can rise.
  • Prices well ahead of rents. Yields of 2% to 3% leave little cushion if prices stall.
  • Luxury concentration. Much new supply is priced above ₹2 crore, a smaller pool of buyers.
  • Interest rates. The RBI raised the repo rate to 5.50% on 7 October 2026, which pushes up home loan rates.
  • Civic infrastructure. Water supply, drainage and traffic vary widely between sectors and should be checked on the ground.

Glossary

Gurugram
The official name of Gurgaon since 2016. Both names are in common use.
Collector rate
The minimum property value per sq ft or sq yard set by the district administration, used for stamp duty. Also called the circle rate.
HRERA Gurugram
The Haryana Real Estate Regulatory Authority's Gurugram bench, where new projects must be registered.
DTCP
The Department of Town and Country Planning, Haryana, which licenses land for development.
Occupation certificate (OC)
The certificate confirming a building is fit to occupy.
Super area
Carpet area plus walls, balconies and a share of common areas such as lobbies and lifts. Most Gurugram prices are quoted on super area.
SPR
The Southern Peripheral Road, linking Golf Course Extension Road with NH-48.
Gross rental yield
A year's rent as a percentage of the property's price, before costs.

Frequently asked questions

What is the average property price in Gurgaon in 2026?

The average asking price across Gurugram was about ₹15,100 per sq ft in September 2026, according to Square Yards listings. ANAROCK's average quoted price for new projects was ₹13,350 per sq ft in Q2 2026, and Knight Frank's weighted average for H1 2026 was ₹18,354. The figures differ because each source measures a different set of homes.

Which is the best area to buy property in Gurgaon?

It depends on budget and purpose. Golf Course Road and Golf Course Extension Road suit luxury buyers at ₹19,000 to ₹24,000 per sq ft. Dwarka Expressway suits people who work in Delhi or near the airport. New Gurgaon and Sohna are the main options below ₹12,500 per sq ft. Sohna Road and the Southern Peripheral Road sit in the middle.

How much have Gurgaon property prices risen?

ANAROCK's average for Gurugram rose 117% between 2019 and Q2 2026, from ₹6,150 to ₹13,350 per sq ft. Dwarka Expressway rose about 165% over the same period. Annual growth has slowed: NHB recorded 22.8% for October to December 2025, JLL 10% for Q2 2026 and Knight Frank 6% for H1 2026.

What is the stamp duty in Gurgaon?

In urban Gurugram, stamp duty is 7% for men, 5% for women and 6% for joint male and female ownership, charged on the higher of the deal value or the collector rate. Registration fees are capped at ₹50,000. On a ₹2 crore flat, a man pays about ₹14.5 lakh in stamp duty and registration, and a woman about ₹10.5 lakh.

What is the rental yield in Gurgaon?

Based on September 2026 asking rents and prices, gross rental yields in most Gurugram localities are 2.2% to 2.7%, and about 2.7% for the city as a whole. ANAROCK reports a higher citywide figure of 4.3% for Q2 2026. Either way, yields are well below home loan rates of about 7.75%.

Is it a good time to buy property in Gurgaon?

The market is slowing. NCR housing sales fell 11% in January to September 2026, with Gurugram accounting for most of the decline, and Gurugram holds 57% of NCR's unsold homes, according to Knight Frank. Price growth has cooled to 6% to 10% a year on Knight Frank's and JLL's figures. Buyers have more choice and more room to negotiate than in 2023 and 2024.

Is Dwarka Expressway a good investment?

It has been one of India's fastest-rising corridors, up about 165% since 2019 to ₹14,180 per sq ft in Q2 2026, and the expressway is open. Growth has slowed to about 10% over the latest year, rents imply a yield of about 2.4%, and a metro spur and Global City are still being built.

When will the new Gurgaon metro be ready?

The 28.5 km Gurugram Metro line from Millennium City Centre to Cyber City, with 27 stations and a spur to Dwarka Expressway, had its foundation stone laid in February 2024. It was expected to take about four years, which points to around 2028.

What is the price of luxury flats in Gurgaon?

Luxury towers on Golf Course Road and Golf Course Extension Road are priced at roughly ₹19,000 to ₹38,000 per sq ft, depending on the project. Gurugram sold 1,494 homes priced at ₹10 crore or more in 2025, worth ₹24,120 crore, more than any other Indian city, at an average of about ₹16 crore each.

What should I check before buying a flat in Gurgaon?

Check that the project is registered with HRERA Gurugram, that the developer holds a valid DTCP licence, and that a ready flat has an occupation certificate. Verify the title, the collector rate for the sector, any pending dues, maintenance charges and property tax with the Municipal Corporation of Gurugram.

Gurgaon or Noida: which is better for buying property?

Gurgaon is more expensive and has more luxury supply, larger office hubs and higher rents. Noida is cheaper and its prices rose slightly faster in H1 2026, at 8% against Gurugram's 6% on Knight Frank's figures. Since 2019, ANAROCK puts Noida up 125% and Gurugram up 117%. Gurugram's rental yield is a little higher, at 4.3% against 3.9%.

What is the EMI on a ₹1 crore flat in Gurgaon?

With a 20% down payment and an ₹80 lakh loan for 20 years at 8%, the EMI is about ₹66,900 a month. A similar flat would rent for about ₹22,500 a month at Gurugram's typical yield, so the EMI is about three times the rent.

Which is the best area in Gurgaon under ₹1 crore?

At average asking prices, ₹1 crore buys about 820 sq ft in New Gurgaon, about 900 sq ft in Sohna and Manesar, and about 735 sq ft on Dwarka Expressway. Most homes under ₹1 crore are compact 2 BHKs in these areas or resale flats in older sectors.

How we compiled this guide

  • Area prices are average asking prices for apartments from Square Yards' area pages, checked between June and October 2026. Asking prices are what sellers list, not final sale prices, and they move as listings change.
  • City-wide trends, sales and supply come from research firms such as ANAROCK, Knight Frank, PropEquity, JLL and Crisil, as labelled under each chart. Each firm tracks different projects and periods, so we show their figures side by side rather than combining them.
  • Calculated figures, such as floor area for a budget, EMIs (80% loan, 20 years, 8%), rent at a stated yield and buying costs, are our own arithmetic from those sources.
  • Stamp duty and registration rates are taken from state rules as reported by the sources listed. Confirm the exact amount with the sub-registrar before you pay.
  • Dates. This guide was published on 10 October 2026 and updated on 12 October 2026. We plan to review it in January 2027.

Sources and resources

This page is general information, and not financial, legal or tax advice. Figures are averages from the sources listed and will differ for individual properties.