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.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..