Top 10 localities to buy a house in Gurgaon and latest market trends

Gurgaon caters to diverse demands of homebuyers, offering a variety of investment options from affordable 2 and 3BHK apartments to residential plots and luxurious 5 and 6BHK homes and villas.

Gurgaon is a coveted real estate hotspot in the National Capital Region (NCR). The city has several location advantages as it is in proximity to Delhi and the Indira Gandhi International Airport. A bustling employment hub with corporate offices and the lifestyle offered by new-age social amenities, Gurgaon has become a preferred destination by modern homebuyers and investors. In addition, new infrastructural developments, such as the upcoming Gurgaon metro and Dwarka Expressway, drive real estate demand in Gurgaon, attracting more investors and developers who are coming up with new projects. In this guide, we list the top 10 localities to buy a house in Gurgaon.

 

Gurgaon Property Market Trends 2024

The real estate in Gurgaon is witnessing robust growth owing to new infrastructural developments and the emergence of employment hubs. It caters to the diverse demands of homebuyers, offering a variety of investment options from affordable 2 and 3 BHK apartments to residential plots and luxurious 5 and 6BHK homes and villas. Property values across key localities have seen an uptick in the past one year. The average price of residential properties is Rs 11,400 per square foot (sqft). Prices have increased by 12.95% YOY.

Key growth drivers in Gurgaon are:

  • The presence of business hubs such as Cyber City, Udyog Vihar and Golf Course Road
  • Strategic location close to the airport, expressways and major highways
  • Availability of quality hospitals and retail hubs
  • New infrastructural developments such as metro projects and expressways

 

Top 10 localities in Gurgaon 2024

Top localities Average prices (in Rs per sqft) Price appreciation in last 1 year Monthly rentals Rental returns in %
Dwarka Expressway Rs 9,500 10.31% Rs 25,000 2-3%
Golf Course Extension Road Rs 13,000 16.44% Rs 65,000 2-3%
Golf Course Road Rs 20,000 30.25% Rs 70,000 3-4%
Sohna Road Rs 11,000 8.74% Rs 42,000 4-5%
Sector 57, Gurgaon Rs 9,000 0.53% Rs 50,000 2-3%
Sector 70, Gurgaon Rs 9,200 7.06% Rs 44,000 2-3%
Sector 78, Gurgaon Rs 6,800 22.73% Rs 25,000 2-3%
New Gurgaon Rs 7,000 1.2% Rs 21,000 2-3%
Southern Peripheral Road Rs 12,000 21% Rs 40,000 2-3%
Badshahpur Rs 9,000 2.4% Rs 40,000 2-3%

 

Top 10 localities to buy a house in Gurgaon

#1. Dwarka Expressway

Dwarka Expressway, also known as the Northern Peripheral Road (NPR), is a prominent locality in Gurgaon and a 29-km corridor connecting Dwarka in Delhi with Gurgaon in the NCR. It has emerged as a sought-after location for property buyers. The area has well-developed social infrastructure such as schools, hospitals, shopping malls and entertainment centres. The area is in proximity to the Indira Gandhi International Airport, which is around 28 km from the locality.

Some prominent sub-localities include Sector 35-37, 84, 88, 89, 99, 102-113).

Pros: The expressway is an alternative route to the Delhi-Gurgaon Expressway, which boosts connectivity in the NCR. Owing to this, the property market has seen tremendous growth, offering higher returns on investment. The upcoming Gurgaon Metro line will have a spur connecting Dwarka Expressway.

Cons: Flooding during heavy rains, traffic congestion and lack of public transportation at present in some areas are some concerns of the residents.

Housing options: There are new residential developments offering affordable and luxury apartments of 1, 2, 3 and 4BHK sizes. Residential plots are also available in some sectors.

 

#2. Golf Course Extension Road

Golf Course Extension Road is one of the prime locations of Gurgaon, which is connected by arterial roads such as Sohna Road, Golf Course Road, Dwarka Expressway and NH-48. It is linked to Delhi via the Gurgaon-Faridabad Road. There are prominent companies in the neighbourhood and several social infrastructural facilities, including top hospitals, schools, malls, etc. The Rapid Metro line in Gurgaon is accessible from this area.

Some prominent sub-localities include Sector 59-63, 65).

Pros: Owing to the proximity to employment hubs and social amenities, Golf Course Extension Road is an ideal choice for families and working professionals. The upcoming Delhi-Mumbai Industrial Corridor (DMIC) is expected to boost connectivity in the area.

Cons: Lack of public transportation in some areas is a key issue.

Housing options: Residential projects offering luxury 3, 4 and 5BHK flats priced in the range of Rs 2 crore to Rs 5 crore are available for sale.  

 

#3. Golf Course Road

Golf Course Road is an upscale residential and commercial locality in Gurgaon named after DLF Golf Course, a prominent landmark. The Golf Course Extension Road and the Delhi-Jaipur Expressway connect this area to other parts of the city and NCR. Top hospitals such as Fortis Hospital and Medanta, schools, malls, entertainment centres, etc. cater to the needs of the residents.

Some prominent sub-localities include Sector 28-42, 54).

Pros: There are plans of a new metro line to connect Golf Course Extension Road to Sector 5 in Gurgaon, which is expected to boost connectivity. The locality is around 12 km from the airport in Delhi, which is a major advantage.

Cons: The high cost of living and lack of markets in some areas are among the key issues for residents. 

Housing options: Luxury projects offering 3, 4 and 5BHK apartments priced around Rs 5 crore to Rs 25 crore are available for investment.

 

#4. Sohna Road

Sohna Road is an industrial town and a fast-developing residential neighbourhood in Gurgaon. The locality is close to the Sohna-Dausa stretch of the Delhi-Mumbai Expressway and has easy access to the DND flyway and NH-48, which link it with cyber city and Udyog Vihar 1. The Huda City Center Metro Station is around 18 km from the area. Sohna Road has shopping malls, hospitals, schools and other recreational facilities, making it an ideal destination for families.

Pros: Rapidly developing infrastructure and good connectivity are the major pluses of Sohna Road.

Cons: Lack of public transportation and direct metro connectivity are some of the issues.

Housing options: Modern residential complexes offering 1, 2 and 3 BHK flats and luxury villas are available for sale.

 

#5. Sector 57, Gurgaon

Sector 57 is a developing locality in Gurgaon, around 6 km from Delhi Metro’s Millennium City Centre and 12 km from the Gurgaon railway station. It is well-connected to major hubs such as Cyber City, Sohna Road and Golf Course Road. The airport is around 18 km. Schools, medical facilities, malls and recreational spaces are within easy access.

Pros: Good connectivity and well-developed social infrastructure are the key advantages.

Cons: Lack of public transportation and access to markets are some key issues.

Housing options: Luxury 2 and 3BHK apartments and 4 and 5 BHK villas are available.

 

#6. Sector 70, Gurgaon

Sector 70, Gurgaon is a popular locality in Gurgaon, which enjoys strategic location advantages. It is in proximity to the business hubs of Cyber City and Udyog Vihar and arterial roads such as NH-8 and Sohna Road. The Millenium City Centre Metro Station is around 18 km. There are reputed schools, quality healthcare centres, shopping malls, and entertainment options that meet the lifestyle needs of the people.

Pros: Proximity to business hubs makes this locality a preferred choice for working professionals.

Cons: Lack of public transport facilities and safety issues are some concerns of the residents.

Housing options: 2 and 3BHK apartments and luxury 5 and 6BHK villas are available.

 

#7. Sector 78, Gurgaon

Sector 78 is a popular residential neighbourhood in Gurgaon with connectivity to retail and corporate hubs through NH-48. It is in proximity to the Industrial Model Township (IMT) of Manesar, a manufacturing hub and, Info Technology Park and Candor Techspace. This attracts a lot of homebuyers to this area. Social infrastructural facilities include educational institutions, hospitals, banks, hotels, restaurants and public parks. The Delhi airport is around 36 km from Sector 78.

Pros: There are several commercial and residential projects coming up in this area, providing ample investment opportunities.

Cons: Lack of open spaces, green belts and parks in the area are some of the key concerns,

Housing options: Residential plots and affordable 2 and 3BHK flats are available.

 

#8. New Gurgaon

New Gurgaon is an emerging locality in the NCR that has easy access to the Delhi-Gurgaon Expressway and the Dwarka Expressway. There are well-planned roads, schools, medical facilities, etc. The airport is around 32 km from here.

Some prominent sub-localities include Sector 76-82, 85-93).

Pros: With a surge in employment opportunities in Gurgaon, there is an increase in demand for properties. There are diverse investment options, including commercial spaces and housing projects.

Cons: Lack of proper amenities and transportation are some of the major issues.

Housing options: Luxury apartments, penthouses and villas are available for investment.

 

#9. Southern Peripheral Road

Southern Peripheral Road is a 16-km corridor that connects sectors 68 to 75A. It links Gurgaon-Faridabad Road to the National Highway 8 and has good connectivity to business hubs of Cyber City and Sohna Road. The Delhi airport is around 23 km from here. Owing to good connectivity, demand for properties along the Southern Peripheral Road is increasing. Some prominent sub-localities include Sectors 69 – 72.

Pros: There are several upcoming projects available for investment, with the possibility of price appreciation in future.

Cons: Pollution and lack of adequate social infrastructural facilities in some areas.

Housing options: Modern housing projects with 2 and 3BHK apartments are available.

 

#10. Badshahpur

Badshahpur is emerging as a residential hub, covering Sector 65-68, Sector 49, etc. It has good access to other neighbourhoods in Gurgaon. The international airport in Delhi is around 21 km and the Gurgaon Railway Station is 12 km from here. There are schools, hospitals, restaurants, shopping complexes, malls, etc. Arterial roads such as Sohna Road, Southern Peripheral Road, and Golf Course Extension Road offer good connectivity. There are plans to provide metro connectivity to this area.

Pros: It is a fast-developing neighbourhood with good infrastructural facilities.

Cons: Lack of metro and waterlogging issues are the common problems faced by residents.

Housing options: and 2 and 3BHK apartments and residential plots are available for sale.

 

Things to consider when buying a property in Gurgaon

  • Location: When assessing the location, make sure to check if there is easy access to offices and educational institutions. It is also essential to ensure that the location is well-developed in terms of infrastructure, with the availability of medical facilities, markets, public transportation, etc.
  • Prices: Gurgaon caters to the budget of all categories of buyers, with options of affordable housing, plots and luxury houses. Determine your budget and plan your finances before choosing an option.
  • Future development: Several localities in Gurgaon are witnessing rapid development with upcoming flyovers and metro connectivity. These developments are expected to boost the real estate demand for properties, resulting in price appreciation in future.
  • Legal procedures: Review the legal documentation before finalising any property. Ensure the project is RERA-registered. Prepare a checklist of all documents, including the title deed, encumbrance certificate and NOCs. Further, it is also essential to be aware of the property registration process and the latest stamp duty and registration charges to avoid hassles.

 

Housing.com News Viewpoint

The presence of corporate offices and other business hubs makes Gurgaon a top choice for families and working professionals. Moreover, while some localities are still developing, well-developed sectors such as Sectors 56-57, 70, 72 and Dwarka Expressway present ample options for investment and convenience in terms of social amenities. If you are looking to buy a house for end use, make sure there is availability of public transportation and offices in the proximity.

 

FAQs

Which is the best area to buy a house in Gurgaon?

Golf Course Extension and Sohna Road are some of the popular localities in Gurgaon where you can buy a house.

Which are the affordable localities in Gurgaon?

Sohna Road, Sector 70, Sector 78 and Dwarka Expressway are some affordable localities in Gurgaon.

What are the stamp duty charges in Gurgaon?

The stamp duty in Gurgaon ranges from 3% to 7%.

What is the price of flats in Gurgaon?

Property prices in Gurgaon range from Rs 6,800 to Rs 20,000 per square foot, depending on the location.

 

Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com
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