Gurugram Rental Demand Holds Despite OND 2025 Rent Fall

23 Feb 2026 CW Team

Gurugram's rental market recorded rising tenant interest during the October–December 2025 quarter even as rents softened, according to the latest Rental Index by Magicbricks. The data showed a demand-driven profile with sequential rent moderation rather than a broad market contraction.

Rental demand increased three point six per cent quarter-on-quarter and 13.1 per cent year-on-year, while supply edged down zero point six per cent quarter-on-quarter and rose seven point five per cent year-on-year, signalling measured additions to available stock. The portal's scale underlines the sample, with monthly traffic exceeding 20 million (mn) and an active base of over 1.5 million (mn) property listings. Gurugram's corporate presence and infrastructure upgrades continued to support resilient leasing momentum.

Demand concentrated in compact units, with one and two BHK configurations together accounting for 75 per cent of total rental interest, reflecting affordability-led choices by professionals and nuclear families. Supply remained skewed to larger homes, with 52 per cent of listings being three BHK units, creating a structural demand–supply mismatch. From a budget perspective, 44 per cent of tenant demand was centred in the Rs 10,000–20,000 range, whereas supply leaned toward premium offerings, with 36 per cent of listings priced between Rs 50,000 and Rs 0.1 mn per month.

Overall, the quarter pointed to recalibration rather than slowdown, with demand anchored in compact mid-segment housing even as listings continued to cater to larger, premium configurations. Future rental momentum in Gurugram will depend on better alignment between affordable demand and inventory, alongside continued connectivity improvements. Market participants and developers may need to prioritise mid-market supply to address the affordability mismatch and sustain occupancy levels. Policy support could accelerate change.

Infrastructure Urban

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