Real Estate in Gurgaon, India
Last updated on Oct 22, 2024
Summary: The average cost of a nice 2 bedroom home in Gurgaon, India is around $150,000 USD. A nice 3 bedroom home in Gurgaon is around $200,000 USD. These properties typically include modern amenities such as air conditioning, modern kitchen appliances, and a balcony. There are no restrictions on foreign ownership for properties in Gurgaon. An expat should search for a home to buy in Gurgaon by researching the local real estate market, visiting the area, and speaking with local real estate agents. The most desirable neighborhoods in Gurgaon include DLF City, Sushant Lok, and Golf Course Road.
How do I find a place to live in Gurgaon?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"One of the best ways to find a place to live in Gurgaon is to use online rental websites such as MagicBricks, 99acres, and Housing.com. These websites allow you to search for rental properties in Gurgaon based on your budget, preferred location, and other criteria. Additionally, you can also use online classifieds such as OLX and Quikr to find rental properties in Gurgaon. You can also contact local real estate agents who can help you find a suitable place to live in Gurgaon. Lastly, you can also ask your friends and family for recommendations on rental properties in Gurgaon," said one expat who made the move to Gurgaon.
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William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
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What is a typical expat home or apartment like in Gurgaon?
"Expat homes and apartments in Gurgaon are typically modern and luxurious, with spacious living areas, high-end furnishings, and modern amenities. Many expat homes and apartments come with private balconies or terraces, offering stunning views of the city. Expat homes and apartments in Gurgaon are also well-equipped with air conditioning, high-speed internet, and other modern conveniences. Security is also a priority in Gurgaon, with many expat homes and apartments featuring 24-hour security guards and CCTV surveillance," explained one person living in Gurgaon, India.
William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
What is the average cost of housing in Gurgaon?
If you are thinking about moving to Gurgaon, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Gurgaon can vary greatly depending on the location and type of property. Generally, the average cost of housing in Gurgaon is higher than in other parts of India due to its proximity to Delhi and its status as a major business hub. Prices for apartments and villas range from mid-range to luxury, with the average cost of a two-bedroom apartment ranging from around ?25,000 to ?50,000 per month," said one expat in Gurgaon.
Should I buy or rent a home in Gurgaon?
If you have not spent a lot of time in Gurgaon, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"Buying a home in Gurgaon can be a great investment, as the city is rapidly growing and property values are increasing. However, it is important to consider the cost of buying a home in Gurgaon, as well as the cost of maintenance and upkeep. Renting a home in Gurgaon can be a more cost-effective option, as it allows you to enjoy the benefits of living in the city without the long-term commitment of buying a home. Additionally, renting a home in Gurgaon can provide you with more flexibility, as you can move to a different area or city if your circumstances change. Ultimately, the decision to buy or rent a home in Gurgaon should be based on your individual needs and financial situation," explained one person living in Gurgaon, India.
What do I need to know when buying property in Gurgaon?
When we asked expats what advice they would give a foreigner before buying a property in Gurgaon, they said:
"1. It is important to research the area you are looking to buy in, as Gurgaon is a rapidly developing city with a wide range of property options. 2. Make sure to check the legal status of the property you are interested in, as there may be restrictions or complications with ownership. 3. Consider the infrastructure of the area, such as access to public transport, schools, hospitals, and other amenities. 4. Be aware of the local taxes and fees associated with buying property in Gurgaon, such as stamp duty and registration fees. 5. It is advisable to hire a lawyer to help you with the legal aspects of the purchase, such as title search and registration. 6. Make sure to get a home inspection done to ensure the property is in good condition and free from any structural or other defects. 7. Consider the long-term prospects of the area, such as potential for growth and development," remarked one foreigner who made the move to Gurgaon.
Are foreigners allowed to own property in Gurgaon?
When we asked expats what advice they would give a foreigner before buying a property in Gurgaon, they said...
"Yes, foreigners are allowed to own property in Gurgaon. The Indian government has made it possible for foreign nationals to purchase property in India, including Gurgaon, through the Foreign Exchange Management Act (FEMA). Under this Act, foreign nationals are allowed to purchase residential and commercial properties in India, provided they have the necessary documents and approvals from the Reserve Bank of India. Additionally, foreign nationals are also allowed to lease property in Gurgaon for a period of up to five years," said one foreigner living in Gurgaon, India.
What appliances are typically included in a rental?
We asked foreigners in Gurgaon what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"In Gurgaon, rental properties typically include a refrigerator, washing machine, microwave oven, and air conditioner. Other common appliances may include a water heater, electric stove, and television," said one expat in Gurgaon.
Additional Information about Searching for a Home in Gurgaon:
We asked foreigners in Gurgaon what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...
"Expats can search for homes in Gurgaon by looking online for real estate websites that specialize in the area. They can also contact local real estate agents who can provide them with information about available properties. Additionally, expats can search for homes in Gurgaon by attending open houses and visiting local neighborhoods to get a better feel for the area," said one expat in Gurgaon.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
Other Questions:
- What do I need to know before moving to Gurgaon?
- What is a typical expat home or apartment like in Gurgaon?
- What is the average cost of housing in Gurgaon?
- How do I meet people in Gurgaon?
- What do I need to know before retiring in Gurgaon?
- What should I pack when moving to Gurgaon?
- Where should I setup a bank account in Gurgaon?
- Will I be able to find a job in Gurgaon?
- What is life like as an expat in your area?
- What do people like (and dislike) about Gurgaon?
- What type of social life can someone expect in Gurgaon?
- What is the social scene like in Gurgaon?
- What advice to expats in Gurgaon have about housing?
- What are medical services in Gurgaon like?
- Are healthcare and health insurance expensive in Gurgaon?
- Is the cost of living in Gurgaon high?
- What are the visa & residency requirements in Gurgaon?
- Why do people move to Gurgaon?