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Gurgaon Rentals

The rental scene in Gurgaon has been through the same ups and downs as that of the overall real estate market. In early 90’s when Gurgaon, as we know today, was taking shape, the demand for rentals came from the employees working in the manufacturing industry of which the epicenter was Maruti Suzuki’s Car manufacturing facility setup in 1983.

Since then the things have changed a lot. Gurgaon has become a back office to the world. Outsourcing has brought newer breed of employees into Gurgaon. Even the traditional manufacturing industry has seen rapid growth, so much so that a world class Industrial zone called Manesar has taken shape in the vicinity. These factors led to a tremendous growth in demand for rental accomodations in early 2000s. The rentals were peaking in 2007/2008 when a 1 bedroom studio could go for as much as INR 15k (Rs. 15,000/-) in older Gurgaon areas like Sector-14 and Sector-17. Singles coming into town started choosing shared accommodation, wherein 5 to 6 people would live in a 3 bedroom apartment or bunglow which again could go as much as INR 50k in the same localities.

All this demand fuelled massive construction undertakings and the supply caught up at some point in 2008 and eventually now, over exuberance has now led to a mismatch. In places like Sohna road, there is a huge oversupply of apartments that are ready to come into the rental market in 2009/10. Indeed the over supply of rentals is systemic and Gurgaon has now become a renter’s heaven.

Following is an approximation of the prevalent rates at which one can expect renting in Gurgaon:

- Old Gurgaon: (We define this as anything on the west of NH8. So Sector 5/10/14/15/17/18/22/23/Palam Vihar and so on. Within these sector 14,15 and 17 are relatively higher)

- 1 Bedroom Studio (Garage setting in an independent bunglow OR Top Floor): INR 6k per month
- 2 BHK (Floor in an independent bunglow): INR 8K to 12k per month
- 3 BHK (Floor in an independent bunglow): INR 15k per month
- 4 BHK (Independent Bunglow): INR 20k per month

- New Gurgaon: (We define new Gurgaon as anything on the east of NH8 and North of SOHNA ROAD. So DLF Phases, Sushant Lok Phases, Secotors 28 to 57. Some areas like M.G. Road and Golf Course Road are relatively higher)

- 1 Bedroom Studio (Garage setting in an independent bunglow OR Top floor): INR 8k per month
- 2 BHK (Floor in an independent bunglow): 12k per month
- 2 BHK (In an apartment building): INR 15k per month
- 3 BHK (Floor in an independent bunglow): INR 20k per month
- 4 BHK (Independent Bunglow): INR 30k to 40k per month

- Sohna Road (We define this as any thing adjacent to Sohna Road, which is one of the three main perpendicular Roads to NH8. Other two being GOLF COURSE ROAD and GOLD SOUK ROAD. So areas like South city 1 & 2, Maibu Towne, Several upcoming apartment complexes)

- 1 Bedroom Studio (Garage setting in an independent bunglow OR Top floor): INR 6k per month
- 2 BHK (Floor in an independent bunglow): INR 8K to 12k per month
- 2 BHK (In an apartment building): INR 12k per month
- 3 BHK (Floor in an independent bunglow): INR 15k per month
- 4 BHK (Independent Bunglow): INR 25k per month

Please share any updated knowledge you have on the rental scenario in Gurgaon through comments.

37 responses so far

  • 1 sajida ~ Jun 8, 2009 at 5:30 am

    clearcut idea for renting a house is not specified .

  • 2 sunil jaiswal ~ Sep 13, 2009 at 12:37 am

    TO - Let !!!!
    3 ROOMS!!!
    2 Washroom
    Kitchen
    Lobby.

    Rent - 8500 P/m

    In Subash nagar, New Railway Road, Gurgaon,

    Contact- sunil jaiswal(9899995457)

  • 3 MANISH GUPTA ~ Nov 11, 2009 at 2:37 am

    AVAILABLE INDEPENDENT KOTHI FOR RENT IN SECT-21 GURGAON HARYANA. Its a beautifully located two side open 2 rooms with 2 bath room at first floor with wood work, geezers, fans etc and a basement of 1000 sq. ft in 275 sq yards, suitable for yoga meditation training center/computer room /office/conference room/store etc. with beautiful green belt, separate side entry. MANISH GUPTA
    e.mail;mgmecheng99@rediffmail.com M. Phone .9899664400

  • 4 Parshant Verma ~ Nov 11, 2009 at 11:44 pm

    Hi,

    Looking for 2 BHK near IFFCO chowk (Any Sector). Please call me at
    9891961492.

  • 5 surendra prasad singh ~ Nov 28, 2009 at 6:05 am

    looking for a suitable tenant fo my 4 BKH fully furnished,south-east facing 2nd floor independant apartment in sector 52 Ardee city gurgaon.As its fully furnished P G may avail facility with/w out meals.More details may be discussed on 2573095 0r 9717678748

  • 6 Puneet Nath ~ Dec 1, 2009 at 11:25 am

    Looking 4 2BHK in sec 17 or 14. contact 9999264022

  • 7 abhishek ~ Dec 16, 2009 at 4:02 am

    i am male surgeon looking for PG/service apartment near medicity hospital.

  • 8 gaurav sharma ~ Dec 18, 2009 at 5:34 am

    I am looking for a 2BHK apartment, multistory building, budget 30 lacs. immediate buy.thx

  • 9 gaurav sharma ~ Dec 18, 2009 at 5:35 am

    I am looking for a 2BHK apartment, multistory building, budget 30 lacs. immediate buy.thx ( +919810813987)

  • 10 Anuj Sharma ~ Jan 14, 2010 at 12:01 am

    To give on rent in shushant lok — Direct owner– No brokerage — different options — single room, double room with attched bathroom/toilet, marble flooring, basement etc…contact 93107–29455

  • 11 Dharam Singh ~ Jan 25, 2010 at 11:46 pm

    Two bed room set, Ground Floor, 160 sq.yard, A-19 ,Sanjay Gram, Old Delhi Road, Sec-14, Gurgaon
    9818797670

  • 12 pradeep ~ Mar 12, 2010 at 3:12 am

    I am looking for 2room set within 5 km of maruti suzuki.
    MY BUDGET IS BETWEEN 5-8K.

    Please contact me on 9911090625

  • 13 Bhagwat Garg ~ Mar 14, 2010 at 5:22 am

    Hi,

    I am looking for 2BHK flat on rent in Gurgaon.My contact no is 09322080100.
    Thnx a lot,
    Bhagwat.

  • 14 Alok ~ Mar 20, 2010 at 5:32 pm

    Looking for 2 BR. Max budget 12k. Please contact 9971000289. Thanks.

  • 15 Hari Pal Singh ~ Apr 15, 2010 at 1:11 am

    I am working in Indian Oil and looking for a 2BHK accomodation for small family in Sect-17. please call me at 09829588880.

  • 16 QAMER SIDDIQUI ~ Apr 18, 2010 at 9:30 am

    we need 2 bhk flat near old gurgaon my budget is 7500 to 8500

    if you have any thing please call me at 09922917018

  • 17 Ashwani Tayal ~ May 6, 2010 at 4:12 am

    Looking for Ground floor or Basement approx 2000 sq feet on rent basis for charitable activities. location sector 14 in gurgaon

  • 18 Som ~ May 12, 2010 at 6:06 am

    Looking for 2 BR. Max budget 8000k. Please contact 9811622517.
    I am working in Pharma company in sector 32 looking for a 2BHK accomodation.

  • 19 priyanka biswas ~ May 18, 2010 at 3:07 am

    i am looking for 1bhk. budget 7000/-. working with multinational company. near by dlf phase 4. if you have anything plz cal me 9871660111.

  • 20 anil ~ May 19, 2010 at 5:04 am

    I am looking for 2BHK flat on rent near Gold souk, gurgaon.My budget would vary from 9k - 11k. My contact no is 9313554788.

  • 21 Sam ~ May 22, 2010 at 10:08 pm

    Am looking for 1bhk in Gurgaon to rent for three months (June - August). Budget 8k-15k. Please email mitchell.sam@gmail.com

  • 22 Arun ~ May 28, 2010 at 4:46 am

    I’m looking for 2bhk or 2 room set near by cyber park sec 39/40. budget is near around 7K. My mail id arun.ganjoo@airtel.in or contact me @ 9818877658 urgent requirement

  • 23 omarsiddiqui ~ Jun 1, 2010 at 4:48 pm

    i have 1.8 acre commercial land full furnihed area want to sale/rent pls suggest me a right web tyo publish broker cn also contact me on 9811706003…for more detail the can fellow the link given below http://www.gurgaonsite.com/swimming-pools-in-gurgaon

  • 24 Mahesh Ataria ~ Jun 21, 2010 at 12:26 am

    Dear sir

    This is with ref. to my telcon, here is the detail of the properties we wish to rent out :

    1) 301,302 Solitaire Plaza, M.G. Road, Gurgaon - 3rd Floor Area 2100 and 2100 Sq.ft. very well furnished & presently

    2) Maintenances Charges, 16 Rupes Sqft

    3) four car Parking

    Contact Person : Mahesh Ataria - 9717362350

    : Mr. Sumit Chawla -9810128309

  • 25 Mahesh Ataria ~ Jul 7, 2010 at 10:05 pm

    Dear sir

    This is with ref. to my telcon, here is the detail of the properties we wish to rent out :

    1) 301,302 Solitaire Plaza, M.G. Road, Gurgaon - 3rd Floor Area 2100 and 2100 Sq.ft. very well furnished & presently

    2) Maintenances Charges, 16 Rupes Sqft

    3) four car Parking

    Contact Person : Mahesh Ataria - 9717362350
    : Mr. Sumit Chawla -9810128309

  • 26 Rohit Srivastava ~ Jul 14, 2010 at 12:32 am

    Hi i am working with Orange Business Services, looking for 2bhk for a small family in sector 17/14 at budget of 8K to 10 K

  • 27 Bhushan ~ Jul 16, 2010 at 8:20 am

    Hi,
    Looking for 1 BHK home nearby DLF Phase 5 or Near Sohna Road… Married - no kids.. Budget 5 - 6500. Pls suggest..
    9582941576

  • 28 gauri puri ~ Jul 20, 2010 at 5:47 am

    a flatmate is required for 4 bhk with all basic amminities in palam vihar posh colony in gurgaon.the amount includes renting,fooding,and laundry expences.no brokerage

    RENT-8000
    LOCALITY-PALAM VIHAR
    PREFERABLE-FEMALE

  • 29 Jagmohan ~ Jul 21, 2010 at 3:23 am

    Available 3 bhk apartment for rent in Trimurti society sec-39 opp- Medicity Hospital
    Rent :- 25000 /- with including mentinence
    condition :- company lease only
    contact :- 9728987680

  • 30 Garima ~ Jul 22, 2010 at 7:20 am

    Top most floor with excellent view of gurgaon. East facing 3 bedrooms flat on 12th floor. Each bedroom has attached spacious bathroom and balcony. Separate store/ puja room & an extra balcony with the kitchen with tap provision for washing machine.

    All electrical fitting done, fans installed, one geyser installed, curtain rods fixed in all rooms, complete woodwork done, modular and spacious kitchen, Bartan Stand fitted, 80% Power back up, lift facility. Covered reserved parking.

    Secure defence officer’s colony, children’s park, primary school in vicinity, swimming pool, community center.

    It’s newly built and is awaiting its first tenant.

    Company Lease Preferred
    Expected rent 17000/- + maintainance

  • 31 Jagmohan ~ Jul 23, 2010 at 6:44 am

    we interested in your property site of 3bhk in Secure defence officer colony so please send the details of this site and please call me
    on :- 9555694922

  • 32 Jay ~ Jul 25, 2010 at 8:45 am

    Interested in a 2hk apartment with power backup, security and ample water supply.. Please contact urgently at 9880361361. Budget is around 15k

  • 33 Sundar ~ Jul 30, 2010 at 9:42 pm

    Hi am looking for 2 room set in gurgaon with a budget of 8K can you Pls let me know in my number - 9717783183

  • 34 Satyendra Kumar ~ Aug 17, 2010 at 10:09 am

    If you are looking for a 3 Bed Room Flat on rent, you can contact on 9818229155.

  • 35 Anubhav ~ Aug 25, 2010 at 1:40 am

    I am looking for a one room set at sector 14 Gurgaon .

    Budget Rs. 6000 / ( cannot be incresed )

    Should be nice location

    Contact : 9899044147

  • 36 Manish Gupta ~ Aug 30, 2010 at 4:21 am

    Urgently Required 1 or 2 BHK near sector 23, Palam Vihar or in Besttech Park View Residency

    Contact 8010027899

  • 37 Harsh Singh ~ Aug 31, 2010 at 5:24 am

    Hi,

    I need 1bhk in or near by Sec-4/Dayanand colony gurgaon, my budget is 4k to 6k/-

    Please call me at 9899143589

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