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Residential

New Gurugram rises as affordable premium real estate hub with 25% annual price growth

Affordable premium real estate
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New Gurugram is fast establishing itself as a compelling “affordable premium” destination within Gurugram’s luxury real estate landscape, according to data from Magicbricks. Backed by improving connectivity, upcoming infrastructure such as the proposed metro line, and a planned Central Park–like development, the region is drawing buyers seeking premium living at more accessible price points.

The properties above 2500 sq. ft. which falls under the premium category are being sold in Gurgaon at an average price of 20000 psf whereas in New Gurugram it’s of 16000 psf. This indicates that New Gurugram is notably more affordable as compared to Gurugram city.

The average residential property rate in New Gurugram is INR 13,900 per square foot, with an average ticket size of INR 2.6 crore. The demand for properties in the premium segment has surged significantly. Demand for properties priced above INR 10,000 per square foot rose from 32.4% in AMJ [April-May-June] 2024 to 55% in AMJ [April-May-June] 2025.

Within this segment, the INR 10,000–15,000 per square foot price range dominates, holding an 89% share of demand. New Gurugram continues to deliver strong price growth, recording a 6.9% QoQ and an impressive 25.7% YoY capital appreciation. Central New Gurugram, in particular, has seen robust supply, rising demand, and sustained appreciation, with a capital growth of 6.69% QoQ and 26.50% YoY.

In terms of configuration and covered area, 3 BHK remains the most preferred configuration, consistently accounting for over 50% of demand in the past five quarters, with 52.1% in AMJ 2025. Supply is also aligned with this trend, at 54.3% in AMJ 2025. The 1,250–2,000 square feet segment leads in terms of covered area, with 48.1% of demand in AMJ 25, maintaining a share above 45% over the last five quarters. While multistorey apartments dominate the market with an 83.9% share of demand in AMJ 2025, builder floors also hold a noteworthy share at 15.7%.

Overall, the data indicate an emerging real estate market in New Gurugram, supported by strong demand, aligning supply, and significant capital appreciation. This growth, coupled with ongoing infrastructure projects, solidifies its position as a key premium destination within the broader Gurugram real estate landscape.

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