New Gurugram Emerges as Affordable Premium Real Estate Hub
22 Sep 2025 CW Team
New Gurugram is fast becoming a hub for affordable premium real estate, backed by improved connectivity, upcoming infrastructure projects, and competitive pricing. According to data from Magicbricks, the region offers a cost-effective alternative to central Gurugram while recording robust demand and strong capital appreciation.
Magicbricks, India’s leading real estate platform, has reported that New Gurugram is emerging as a compelling “affordable premium” destination within the luxury housing market of Gurugram. With projects such as the proposed metro line and a Central Park-style development, the region is attracting homebuyers seeking premium spaces at relatively lower prices.
Properties above 2,500 sq ft are priced at an average of Rs 20,000 per sq ft in central Gurugram, compared to Rs 16,000 per sq ft in New Gurugram, making the latter notably more affordable. The average residential property rate in New Gurugram currently stands at Rs 13,900 per sq ft, with an average ticket size of Rs 20.6 million.
Demand in the premium segment has grown sharply, with properties priced above Rs 10,000 per sq ft rising from 32.4 per cent in AMJ 2024 to 55 per cent in AMJ 2025. Within this, the Rs 10,000–15,000 per sq ft range dominates with an 89 per cent share. Capital appreciation remains strong, with prices up 6.9 per cent Q-o-Q and 25.7 per cent Y-o-Y. Central New Gurugram has also shown resilience, recording 6.69 per cent Q-o-Q and 26.50 per cent Y-o-Y growth.
In terms of buyer preference, 3 BHK units continue to dominate, accounting for 52.1 per cent of demand in AMJ 2025, while supply aligns at 54.3 per cent. The 1,250–2,000 sq ft segment leads in covered area with 48.1 per cent demand. Multistorey apartments remain the most popular option with an 83.9 per cent share, followed by builder floors at 15.7 per cent.
Overall, New Gurugram’s strong demand, healthy supply pipeline, and rising price trends highlight its emergence as a premium real estate destination. Coupled with ongoing infrastructure projects, the region is well-positioned to strengthen its appeal within the wider Gurugram property market.