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The Dip in Gurgaon's Real Estate Market and How Long Does it Stay

  • Writer: Vedant Taneja
    Vedant Taneja
  • Apr 20
  • 3 min read

Updated: Apr 21

For several years, Gurgaon’s real estate has ridden a high wave of premium apartments, Luxury Villas, Opulent penthouses, and Commercial hotspots, attracting investors and end users alike. But now, the market has hit a temporary pause, a dip in the prices, buyer’s enthusiasm, and slower transactions. These dips raise a couple of questions in almost everyone’s mind: Is it okay to invest? Is it too risky to invest? And how long will this dip last?

In this blog, we will discuss why these dips occur and what is best to do as an investor or end user during those times.


What’s Behind the Dip

Dip in Gurgaon's Real Estate  Market

Tech and Startup Slowdown

As we know, Gurgaon is the home to many entrepreneurs, IT companies, and startups. It houses many employees, and due to the global tech layoff, there has been a slowdown in potential buyers, as many working professionals are putting a pause on property decisions.

Rising Interest Rates

With home loan EMIs getting costlier year by year, many first-time home buyers are considering not buying a home for now or opting for smaller units that fit their budget, but that is less likely to happen.

Luxury Oversupply

Multiple luxury projects launched simultaneously in micro markets like Golf Course Extension and Dwarka Expressway have saturated the segment. Prices in some areas have corrected by 5–10%.

Investor Fatigue

Investors who once drove towards the pre-launch properties are now skeptical about investing in newly launched projects and are even seeking to invest in safer projects and secondary markets.


Areas Most Affected

Golf Course Extension Road

  • Areas around the Golf Course Extension Road have seen a price correction in their luxury projects, mostly from sectors 58 to 67. There have been many projects on this corridor, where some popular projects have seen great sales, as seen in TARC ISHVA, while some projects are going slow in terms of sales.

  • Demand in Dwarka Expressway has slowed as there are plenty of projects launching on that corridor from giants like BPTP and Elaan, but due to the incompletion of infrastructure, the market is slow and is facing a dip in potential investors.

  • Under construction projects with longer absorption timelines, the market is slow and stagnant, with fewer investors and home buyers, as there is no telling when the project will be delivered or if it will ever be delivered.


But is it All Bad News?

Property appreciation

Not really, Market dip looks scary, but it is a market correction, not a collapse. Here’s why:

  • Ready-to-move homes are still in demand, especially from genuine end-users.

  • Mid-segment and resale properties are seeing stable traction.

  • Infrastructure development, like the Global City Project, Dwarka Expressway completion, and metro expansions, continues to boost long-term potential.

  • Rental demand remains solid, especially around commercial and IT hubs.


How Long Will This Dip Last?

How long will this dip last

Many market experts and analysts suggest the following:

  • Short Term (0-6 Months)

Cautious buyers' sentiments continue. Here, some developers may offer discounts and flexible payment plans for a small period. 

  • Mid-Term (6–12 months)

As interest rates stabilize and infrastructure projects near completion, buyer activity will likely pick up, particularly in the resale and ready-to-move space.

  • Long-Term (12–24 months)

With new job cycles and global economic recovery, Gurgaon's real estate is expected to rebound, especially in high-potential corridors like Southern Peripheral Road and Dwarka Expressway.


What should you do?

Deal Closing

If You are a Buyer

  • For buyers, this is the perfect time to negotiate as the rates are revised. Due to low sales, developers are eager to sell, and you can get a great deal, especially on under-construction projects and resale properties. Developers also offer amazing payment plans one as we have seen in Signature Global Daxin Vistas.

  • Ready-to-move-in properties can also be negotiated at good prices. Make sure that the property is in a great location with useful infrastructure and amenities. 

  • You should not wait for the market to bottom out, as quality properties rarely stay undervalued for a long time.


If you are an Investor

  • If you are looking for investment, look for emerging sectors such as the SPR or the Dwarka Expressway. 

  • Look out for properties with high rental yield for better ROI and an extra income, as people tend to rent more due to jobs. 

  • Stay for the long term. The Gurgaon growth story speaks for itself: the more you stay, the better you earn.


Final Thoughts

The dip in Gurgaon's real estate market is temporary, a much-needed breather in a high-growth cycle. It's separating short-term speculation from long-term value. For those watching closely, this phase offers rare opportunities to buy smartly, enter the right micro-market, and secure solid assets before the next wave. Remember, it is not a crash, it is just a cool down. Make the right move and invest in reputed developers and watch your investment grow with time.

 
 
 

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