Gurgaon's South City 1 Tops Haryana's Real Estate Market with Rs 90,000 per Square Yard

Gurgaon’s South City 1 has become the most expensive locality in Haryana with a new collector rate of Rs 90,000 per square yard, marking a significant increase from the previous rate of Rs 82,000. This hike, effective from Friday, ranges from 10% to 50% across both urban and rural areas.

Real EstateGurgaonCollector RatesHaryanaProperty PricesReal Estate NewsAug 01, 2025

Gurgaon's South City 1 Tops Haryana's Real Estate Market with Rs 90,000 per Square Yard
Real Estate News:Gurgaon’s South City 1 is now the most expensive locality in Haryana with the introduction of revised collector rates in the state beginning Friday. For a square yard in the locality, residents will now have to shell out Rs 90,000 (Rs 1.07 lakh per square metre), up from the earlier Rs 82,000. This is the second hike in collector rates in the state in eight months. The rates were last revised with effect from December 1, 2024.

The hike in collector rates ranges from 10% to 50% in both urban and rural areas. While dealers claim that the increase in circle rates may stall the real estate market in the state, a revenue official said that the new collector rates are the result of a well-thought-out process, leaving little room for changes.

Apart from South City 1 in Gurgaon, Nirvana Country has also seen a substantial increase. From the earlier Rs 70,000 per square yard, collector rates have now gone up by Rs 10,000 per square yard. The Millennium City’s Sector 42, which includes luxury developments such as DLF Camellias and properties along Golf Course Road, now has a collector rate of Rs 79,970 per square yard, up from Rs 72,700 per square yard.

In DLF Phase II, the circle rate is now Rs 72,000 per square yard, and in DLF Phase III, one has to pay Rs 66,000 per square yard. Developments near the Southern Peripheral Road and Dwarka Expressway, which continue to see expanding infrastructure, seem to still be in an affordable ambit.

With a per square yard collector rate of Rs 2,830, Sector 95A remains the least expensive in Gurgaon. Licensed colonies in Sectors 68 to 71 are close behind, with an increased circle rate of Rs 4,800 per square yard. For Sectors 76 to 80, the rate has been set at Rs 5,000 per square yard. It is followed closely by licensed plots in Sectors 91 and 92, where the rate has been marked at Rs 5,600 per square yard.

Sectors 81 to 84 now have a circle rate of Rs 6,000 per square yard. In Panchkula, Mansa Devi Complex’s Sectors 4, 5, and 6 are the most expensive residential areas, with circle rates now touching Rs 99,000 per square metre, up from the earlier Rs 66,000.

Frequently Asked Questions

What is the new collector rate in South City 1, Gurgaon?

The new collector rate in South City 1, Gurgaon, is Rs 90,000 per square yard, up from the earlier rate of Rs 82,000.

How often have the collector rates been revised in Haryana?

This is the second hike in collector rates in Haryana in eight months. The rates were last revised with effect from December 1, 2024.

What is the impact of the increase in circle rates on the real estate market?

Dealers claim that the increase in circle rates may stall the real estate market in the state. However, a revenue official stated that the new collector rates are the result of a well-thought-out process, leaving little room for changes.

Which other localities in Gurgaon have seen significant increases in collector rates?

Apart from South City 1, Nirvana Country and Sector 42 in Gurgaon have seen substantial increases. Nirvana Country’s rates have gone up by Rs 10,000 per square yard, and Sector 42’s rates have increased from Rs 72,700 to Rs 79,970 per square yard.

What are the least expensive sectors in Gurgaon according to the new collector rates?

Sector 95A remains the least expensive in Gurgaon with a collector rate of Rs 2,830 per square yard. Licensed colonies in Sectors 68 to 71 have an increased circle rate of Rs 4,800 per square yard.

Related News Articles

Real Estate Stocks: Top Picks Amid Rising Consolidation and Healthy Demand
Real Estate

Real Estate Stocks: Top Picks Amid Rising Consolidation and Healthy Demand

Housing demand in India's top 7 cities improved 28% year-on-year

May 27, 2024
Read Article
Macrotech Developers Sees 20% Rise in Q1 Sales to Rs 4,030 Crore Driven by Strong Housing Demand
real estate news

Macrotech Developers Sees 20% Rise in Q1 Sales to Rs 4,030 Crore Driven by Strong Housing Demand

Macrotech Developers has reported a 20% increase in Q1 sales to Rs 4,030 crore, driven by robust housing demand, with a strong pipeline of new launches planned for the fiscal year.

July 13, 2024
Read Article
From Humble Beginnings to Real Estate Tycoon: The Inspiring Story of Subhash Runwal
Real Estate Mumbai

From Humble Beginnings to Real Estate Tycoon: The Inspiring Story of Subhash Runwal

Meet Subhash Runwal, a self-made billionaire who rose from a small town in Maharashtra to become one of India's richest real estate developers with a net worth of Rs 11,560 crore.

July 17, 2024
Read Article
New Delhi Surges to 6th in Global Luxury Home Price Growth, Up 6.7% in Q4
Real Estate Mumbai

New Delhi Surges to 6th in Global Luxury Home Price Growth, Up 6.7% in Q4

New Delhi has secured the 6th position among 44 cities globally for luxury home price growth, with a 6.7% increase in the December 2024 quarter, according to Knight Frank's Prime Global Cities Index. The city's rise reflects a growing demand for high-end

February 11, 2025
Read Article
Mumbai's Affordable Housing Crisis: Challenges and Government Initiatives
Real Estate Mumbai

Mumbai's Affordable Housing Crisis: Challenges and Government Initiatives

Despite numerous government schemes, Mumbai continues to face significant hurdles in achieving affordable housing. The real estate market, while showing growth, still struggles with accessibility for the middle and lower income groups.

March 1, 2025
Read Article
Hyderabad's Urban Heat Island Effect Intensified by Unchecked Real Estate Growth
Real Estate

Hyderabad's Urban Heat Island Effect Intensified by Unchecked Real Estate Growth

The rapid expansion of high-rise buildings in Hyderabad has significantly intensified the city's Urban Heat Island (UHI) effect, raising concerns about the sustainability and livability of the urban environment.

March 30, 2025
Read Article