Located about 30 km from Delhi, Gurgaon is home to over 250 'Fortune 500' companies and several startups, which primarily drives the demand for rental housing. Its strategic location, combined with robust road and metro connectivity, makes it a preferred residential hub for working professionals.
With a wide range of property options and competitive rentals, Gurgaon offers lucrative investment opportunities. For those planning to invest in Gurgaon to earn a high rental income should know about these best areas.
Top 5 areas to earn rental income in Gurgaon
From proximity to IT hubs, excellent connectivity to the neighbouring regions, and upscale lifestyle amenities, several Gurgaon localities drive rental demand. Which are they? 99acres shares the list of top areas for rental income in Gurgaon
Sector 42, Gurgaon
Sector 42 in Gurgaon is at a close proximity to employment hubs, such as DLF Cyber City and Udyog Vihar, which drive maximum rental here. Located along Golf Course Road, it is counted as one of the top five areas to earn high rental income in Gurgaon.
Popular for posh residential complexes and commercial spaces, 4 BHK residential apartments are the most popular inventory type in Sector 42, Gurgaon. The price for a 4 BHK apartment in Sector 42 Gurgaon starts from Rs 6.7 crore.
To know the average property price in Sector 42, Gurgaon, along with the expected rental income from investment, check out the table below.
| Buy and rental rates in Sector 42, Gurgaon | ||
|---|---|---|
| Average price | Price appreciation (last 5 years) | 4 BHK rental price |
| Rs 51,550 per sq ft | 140% | Rs 1.2-16.5 lakh |
Disclaimer: The above details are based on the listings posted on 99acres on July 2024.
Sector 42, Gurgaon, is also replete with social amenities that add to its liveability. Here are the details of schools, malls, and medical centres located within a seven to eight-km radius of the locale.
| Social amenities in and around Sector 42 Gurgaon | ||
|---|---|---|
| Schools | Hospitals | Shopping malls |
| Excelsior American School | SCI Hospital Gurugram | Central Plaza Mall |
| Ridge Valley School | Paras Hospital | Ardee Mall |
| Shiv Nadar School | UPHI The Wellness & Surgical Centre | Mega Mall Gurgaon |
Explore properties in Sector 42, Gurgaon here.
DLF Phase 3, Gurgaon
Strategic location is one of the key reasons behind the popularity of DLF Phase 3 as a preferred investment hub in Gurgaon for earning a high rental income. The proximity to commercial hubs of Udyog Vihar and DLF Cyber City, ensures a robust rental demand from the corporate workforce.
The housing inventory in DLF Phase 3, Gurgaon, comprises a sound mix of luxury builder floors and apartments. This variety caters to different lifestyle preferences, making it an ideal choice for modern and convenient lifestyle. As a result, the properties in DLF Phase 3, Gurgaon, garner high rentals starting from Rs 40,000 compared to other locations in Gurgaon.
Here’s the table depicting the average property price in DLF Phase 3, along with the expected rental income from a 4 BHK unit.
| Buy and rental rates in DLF Phase 3 Gurgaon | ||
|---|---|---|
| Average price | Price appreciation (last 5 years) | Rental income (4 BHK) |
| Rs 16,000 per sq ft | 23% | Rs 40,000-10 lakh |
Disclaimer: The above details are based on the listings posted on 99acres on July 2024.
As per the DLF Phase 3 reviews on the 99acres Ratings and Reviews platform, the residents have rated this region 4.3 out of 5 and appreciated the good public transportation and proximity to markets. It boasts excellent connectivity to Delhi and other parts of Gurgaon via roadways and metro, further increasing its popularity among the tenant community.
Explore properties in DLF Phase 3 here.
Sector 54, Gurgaon
With 4 BHK rents starting from Rs 55,000, Sector 54, Gurgaon has positioned itself as a viable investment destination to earn high rental income. The infrastructure developments, such as the upcoming Rapid Metro Line extension and DLF Summit Plaza, further enhances its appeal among the tenants. This might result in driving the rental prices in the locale further.
Sector 54 in Gurgaon is also surrounded by various business towers, including Centrum Plaza, Paras Twin Towers and Suncity Business Tower, ensuring a constant rental demand. Notably, Gurgaon’s prominent workplaces, such as DLF Cyber City and Udyog Vihar, are within a nine km radius of this locale.
The property market here is dominated by residential apartments in 4 BHK configuration, followed by builder floors. As per 99acres, the starting price of a 4 BHK apartment in Sector 54, Gurgaon is Rs 2.2 crore, whereas the 4 BHK builder floors start from Rs 2.5 crore.
To know the ongoing rental prices, appreciation and average property price in Sector 54, Gurgaon, refer to the table below:
| Buy and rental rates in Sector 54 Gurgaon | ||
|---|---|---|
| Average price | Price appreciation (last 5 years) | Rental income (4 BHK) |
| Rs 26,900 per sq ft | 87% | Rs 55,000-4.5 lakh |
Disclaimer: The above details are based on the listings posted on 99acres on July 2024.
Explore properties in Sector 54, Gurgaon here.
DLF Phase 2, Gurgaon
DLF Phase 2, Gurgaon, is another locality which offer high rental income in Gurgaon. This well-developed township by DLF is home to DLF Cyber City, which makes the locale one of the best places to live in Gurgaon. The housing inventory in the locale is dominated by builder floors in the premium price category. A 4 BHK builder floor in DLF Phase 2, Gurgaon may cost between Rs 2 crore and Rs 9 crore.
Check out the following table for the average property price in DLF Phase 2 and the rental rates.
| Buy and rental rates in DLF Phase 2 Gurgaon | ||
|---|---|---|
| Average price | Price appreciation (last 5 years) | Rental income (4 BHK) |
| Rs 17,600 per sq ft | 53% | Rs 62,000-3.5 lakh |
Disclaimer: The above details are based on the listings posted on 99acres on July 2024.
While the region is replete with commercial offices, it also boasts an excellent social infrastructure. DLF Phase 2 reviews on the 99acres Ratings and Reviews platform highlight the benefits of walkable metro stations (Phase 3 and Belvedere Towers) and National Highway (NH) 48 in proximity.
Also, some of the educational, healthcare, and entertainment utilities within a five to six km radius of DLF Phase 2 include:
- Schools: OPG World School, Delhi Public School and Sherwood Convent School
- Hospitals: Narayana Hospital, Neelkanth Hospital and RBS Hospital
- Entertainment hubs: Sahara Mall, MGF Metropolitan Mall and Ambience Mall
Explore properties in DLF Phase 2 here.
DLF Phase 1, Gurgaon
Boasting an impressive 4.3 out of five rating on the 99acres Ratings and reviews platform, DLF Phase 1 is another locale, counted among the best areas to live in Gurgaon. Surrounded by well-known schools, hospitals and malls, all within a 5-6 km radius, DLF Phase 1 is home to several expensive hotels as well.
It also has a dedicated metro station, namely Phase 1, on the Rapid Metro.
Apart from offering an excellent lifestyle, DLF Phase 1 is also one of the top areas to invest in Gurgaon to earn a high rental income. It is just a ten-minute drive away from the commercial hub of DLF Cyber City via Raghavendra Marg.
One can find an abundance of premium independent floors in DLF Phase 1, in which 4 BHK is the most popular configuration. The 4 BHK independent floors in DLF Phase 1 start from around Rs 3 crore.
Refer to the table below for the average property price in DLF Phase 1 and the ongoing rental rates:
| Buy and rental rates in DLF Phase 1, Gurgaon | |
|---|---|
| Average Price | 4 BHK rental rates |
| Rs 13,900 per sq ft | Rs 60,000-2 lakh |
Disclaimer: The above details are based on the listings posted on 99acres on July 2024.
In a nutshell, Gurgaon offers lucrative opportunities for high rental income, with localities mentioned above standing out for their strategic locations, property options and amenities. Catering primarily to working professionals, investing in these top localities in Gurgaon can provide a profitable and stable rental income stream. However, one must consult a qualified agent and understand the market dynamics before investing.
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