New Gurugram: Affordable Premium Real Estate at Rs 13,900 per Sq Ft
According to Magicbricks, New Gurugram is now a hub for affordable premium real estate with average housing prices at Rs 13,900 per square foot. Discover more about this emerging market.
Real EstateNew GurugramAffordable HousingMagicbricksGurugramReal EstateSep 18, 2025
In a statement on Thursday, the real estate portal Magicbricks noted that New Gurugram is emerging as an attractive option for homebuyers looking for premium properties at more affordable rates. The average residential property rate in New Gurugram is Rs 13,900 per square foot, with an average ticket size of Rs 2.6 crore.
This is significantly lower compared to the premium properties above 2,500 square feet in Gurugram, which are sold at an average price of Rs 20,000 per square foot. In New Gurugram, the rate for premium properties above 2,500 square feet is Rs 16,000 per square foot, making it a more affordable choice for those seeking luxury living.
Magicbricks, a leading real estate portal, has a monthly traffic of over 2 crores and an active base of over 15 lakh property listings. The platform has evolved into a full-stack service provider, offering services such as home loans, interior design, and expert advice to cater to all real estate needs.
The affordability and premium quality of properties in New Gurugram are attracting a growing number of homebuyers and investors. The area is expected to continue its growth trajectory, making it a key player in the real estate market of Gurugram City.
Frequently Asked Questions
What is the average price per square foot for housing in New Gurugram?
The average price per square foot for housing in New Gurugram is Rs 13,900, according to Magicbricks.
How does the average price in New Gurugram compare to other parts of Gurugram?
The average price for premium properties above 2,500 square feet in Gurugram is Rs 20,000 per square foot, while in New Gurugram, it is Rs 16,000 per square foot.
What is the average ticket size for properties in New Gurugram?
The average ticket size for properties in New Gurugram is Rs 2.6 crore.
What services does Magicbricks offer?
Magicbricks offers a range of services including home loans, interior design, and expert advice, making it a full-stack service provider for all real estate needs.
Why is New Gurugram considered an 'affordable premium' alternative?
New Gurugram is considered an 'affordable premium' alternative because it offers premium quality properties at more affordable rates compared to other parts of Gurugram.
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