New Gurugram Emerges as Affordable Premium Housing Hub at Rs 13,900 per Sq Ft
New Gurugram has become a hotspot for affordable premium real estate with average housing prices at Rs 13,900 per square foot, making it a compelling alternative to the main city.
New GurugramAffordable PremiumReal EstateMagicbricksHousing PricesReal Estate NewsSep 19, 2025
In a statement on Thursday, Magicbricks noted that New Gurugram is gaining traction as an 'affordable premium' option. 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.
For premium properties above 2,500 sq ft, the average price in Gurugram is Rs 20,000 per square foot. In contrast, the rate in New Gurugram is Rs 16,000 per square foot, offering a significant cost advantage for buyers seeking luxury without the premium price tag.
Magicbricks, a leading real estate portal, has a monthly traffic exceeding 2 crores and an active base of over 15 lakh property listings. The platform has evolved into a full-stack service provider, offering a range of services including home loans, interior design, and expert advice to meet all real estate needs.
The development of New Gurugram as an affordable premium hub is driven by its strategic location, modern infrastructure, and growing demand for high-quality living spaces. This trend is expected to continue as more buyers and investors recognize the value and potential of this emerging market.
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.
How does New Gurugram compare to Gurugram City in terms of housing prices?
New Gurugram offers more affordable premium housing with an average price of Rs 13,900 per square foot, compared to Rs 20,000 per square foot for premium properties in Gurugram City.
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.
What factors are driving the growth of New Gurugram as an affordable premium hub?
The growth of New Gurugram as an affordable premium hub is driven by its strategic location, modern infrastructure, and increasing demand for high-quality living spaces.
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