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
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
Elevating Civil Aviation: Mohol's Pioneering Role in Pune
Discover how Mohol is driving growth in Pune's civil aviation sector, with insights from Hemant Rasne, former Mayor and BJP leader.
Budget 2024: A Boost to Sustainable Growth in Real Estate
The Union Budget 2024 focuses on MSMEs, employment, skilling, youth, and middle-class, with indirect benefits to the real estate sector through job creation, infrastructure, and urban redevelopment.
Dubai Real Estate Market Sets AED 141.9 Billion Quarterly Sales Record in Q3 2024
Dubai’s real estate market achieved a significant milestone in Q3 2024, with total sales reaching AED 141.9 billion, marking a new all-time high for a single quarter. This achievement surpassed the previous record of AED 124.07 billion set in Q2 2024, ref
Elan Group Gets a Boost with Rs 1200 Crore from Kotak Real Estate Fund
The investment will serve as growth capital, helping Elan Group cement its position in the thriving real estate market of Gurugram. This strategic move is expected to accelerate the company's expansion and development projects in the region.
Delhi-NCR: The Metro City Witnessing a Massive Surge in Housing Prices
The report suggests that the price appreciation in Delhi-NCR is attributed to rising demand for high-end properties. Read more to know the details.
Radisson Resort Khopoli Launches as a Luxurious Getaway Near Mumbai and Pune
Radisson Hotel Group has expanded its footprint in Maharashtra with the opening of Radisson Resort Khopoli, offering a premium retreat for travelers near Mumbai and Pune.