Southern Comfort: Gurugram’s Growing Rental Market an Opportunity for Investors

By Ashwani Kumar, Pyramid Infratech

Gurugram, April 19, 2025: Over the years, NCR has emerged as a dynamic real estate hub, attracting domestic and global investors. With its strong infrastructure, exponentially growing economy, and ever-expanding corporate footprint, Delhi-NCR has solidified its position as a sought-after investment hotspot. Among the key contributors to this growth, Gurugram has firmly positioned itself as a standout performer, driven by its robust infrastructure, premium developments, and strategic connectivity. The city’s rental market, across residential, commercial, and retail segments, has shown consistent appreciation, backed by rising demand from corporates, retail giants, and an expanding urban population.

According to PropEquity, the Gurugram housing market experienced strong demand for luxury housing units in 2024, with sales rising by 66 per cent to approximately INR 1.07 lakh crore. This growth has seen a steady upward trajectory in locations such as Golf Course Road and Cyber City, along with evolving corridors like the Dwarka Expressway and Southern Peripheral Road.

Meanwhile, as per a report by the Boston Consulting Group (BCG) and the Retailers Association of India (RAI), India’s retail market, valued at INR 82 lakh crore in 2024, and is projected to more than double to over INR 190 lakh crore by 2034. Gurugram’s retail sector has grown exponentially with the increasing presence of global brands and businesses and contributed to this growth. The city caters to a diverse and high-demand tenant base, including expatriates, senior corporate professionals, millennials, and startup founders, all seeking quality living with proximity to work and lifestyle conveniences.

Moreover, Gurugram’s rental market is significantly boosted by large-scale infrastructure developments that are reshaping the city’s urban fabric. The advent of Dwarka Expressway is already influencing rental trends, with areas along its stretch witnessing a rental appreciation of 10–15 per cent. Connectivity enhancements through the IGI Airport, the DMIC corridor, and the expanding Rapid Metro network are further enhancing accessibility, making Gurugram a preferred destination for businesses and residents. In addition, forward-looking urban planning initiatives, including smart city frameworks, green building incentives, and sustainability projects, are elevating the city’s livability quotient.

Besides, the convergence of infrastructure development, sustained leasing demand, rising rental yields, and a diversified tenant base have positioned Gurugram as one of India’s most promising rental markets. From the premium developments in the posh regions like Golf Course Road to commercial and residential corridors like the Dwarka Expressway offering high returns, the city offers something for every investor profile. Investing in ready-to-move assets ensures immediate rental returns, while under-construction projects in evolving zones promise significant long-term appreciation.

Hence, Gurugram delivers on the key investor checkboxes, highlighting the growth corridors, asset types and models, high ROI, demand stability, and appreciation potential. The city stands at the intersection of opportunity and growth, emerging as a future-ready rental investment destination within NCR. As Gurugram evolves into a global urban centre, now is the time to invest strategically and ride the wave of momentum this market has to offer.