New Gurugram Housing Market: Affordable Premium Real Estate at Rs 13,900 per Sq Ft
New Gurugram has emerged as an affordable premium real estate hub with average housing prices of Rs 13,900 per square foot, according to Magicbricks. Discover why this area is becoming a popular choice for homebuyers.
New GurugramReal EstateAffordable PremiumHousing PricesMagicbricksReal Estate NewsSep 18, 2025
In a statement released on Thursday, Magicbricks noted that New Gurugram is rapidly gaining popularity among homebuyers looking for premium properties at more affordable rates. The average residential property rate in New Gurugram stands at 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 in Gurugram, which are sold at an average price of Rs 20,000 per square foot for properties above 2,500 square feet.
The report further highlights that the rate for premium properties in New Gurugram is Rs 16,000 per square foot, making it an attractive option for those seeking luxury without the premium price tag. This affordability is driving demand in the area, as more and more buyers are looking to invest in high-quality homes without breaking the bank.
Magicbricks, a leading real estate portal, has been instrumental in providing valuable insights and data to the real estate market. With monthly traffic exceeding 2 crores and an active base of over 15 lakh property listings, Magicbricks has become a full-stack service provider, offering a wide range of services including home loans, interior design, and expert advice. This comprehensive approach has helped both buyers and sellers navigate the real estate market more effectively.
The emergence of New Gurugram as an affordable premium real estate hub is not just a reflection of market trends but also a response to the growing demand for quality living spaces at reasonable prices. As the city continues to develop, it is expected that more such areas will emerge, offering homebuyers a wider range of options to choose from.
For those considering a move to New Gurugram, the combination of affordable prices and premium amenities makes it a highly attractive option. Whether you are a first-time homebuyer or a seasoned investor, the current market conditions in New Gurugram present a unique opportunity to secure a high-quality property at a competitive price.
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 the price of premium properties in New Gurugram compare to other areas in Gurugram?
The rate for premium properties in New Gurugram is Rs 16,000 per square foot, which is significantly lower compared to the average price of Rs 20,000 per square foot in other areas of Gurugram.
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 to real estate buyers and sellers?
Magicbricks offers a wide 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 becoming a popular choice for homebuyers?
New Gurugram is becoming popular due to its affordable premium real estate, offering high-quality homes at competitive prices, making it an attractive option for both first-time homebuyers and seasoned investors.
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