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

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..