In a move that’s turning heads in the real estate world, Gurgaon’s Galleria Market has just recorded the highest rental growth in the entire Asia-Pacific region this year. A report by Cushman & Wakefield reveals that this buzzing retail hotspot saw rentals jump by an impressive 25%, pushing it up the APAC rankings from 31st to 26th place.
For investors and homebuyers, this isn’t just a data point. it’s a clear indicator of how rapidly the Gurgaon retail ecosystem is strengthening and how demand for commercial spaces continues to rise.
In case you're about to think the same, this isn't just another real estate statistic. It's a clear signal that Gurgaon's commercial corridors are maturing at a rapid pace. The ripple effects are being felt across all the surrounding residential neighborhoods.
What is Driving This Growth?
So here's what's really interesting. Galleria Market's rents have shot up to $169 per square foot a year (that's about EUR 1,550 per square meter, if you're counting). But here's the crazy part: it's actually left behind places like Khan Market, which everyone knows is super expensive and iconic. Khan Market? Just a 3% bump, even though it's still India's priciest retail street, sitting at number 24 globally. And Connaught Place in Delhi? Sure, it saw a decent 14% jump, but compared to Galleria's explosive rise? Not even close.
"India's high streets are demonstrating exceptional resilience and global prominence, which is growing," said Gautam Saraf, Executive Managing Director at Cushman & Wakefield. The report highlights that high streets have accounted for over half of retail leasing activity year-to-date. India's retail sector is registering a 6% year-on-year rental growth. That is well above both global and APAC averages.
So what's really driving this? A few things, actually. People in Gurgaon have more money to spend now, and what they want has changed; they're pickier, more brand-conscious. There aren't enough good malls around, so places like Galleria naturally get more attention. And honestly, its location in Sector 28 is just perfect. All of this has turned it into the go-to spot for big brands, both Indian and international, who want to be seen and connect with the right crowd.
The Residential Connection
If you're a family looking for a home in Gurgaon or an investor tracking the market, Galleria's success story has a lot to tell you. The retail boom happening in Sector 28 isn't just about shops and brands. The story is actually a sign of something way bigger. The entire neighborhood around it is changing, growing, and becoming one of the most desirable places to live in the city.
Golf Course Road, if we look at this area, it is just minutes away from the Galleria. This location continues to be the city's most luxurious residential corridor. The area is home to premium apartments and iconic developments. This area offers families a high standard of living with easy access to world-class retail and dining. The peace and sophistication here are unmatched, making it a top choice for those who value both comfort and prestige.
Nearby, DLF Phases 1 to 5 remain the gold standard for family living. These neighborhoods have been around for a while, and it shows. The roads are wide and actually clean, the schools are some of the best you'll find, hospitals are nearby, and there's greenery everywhere you look. Plus, being so close to spots like Galleria Market just makes life easier, especially if you're working full-time and don't want to spend half your day running errands across town.
MG Road, another thriving corridor close to Galleria, brings a vibrant, cosmopolitan energy. With metro connectivity, cafes, and modern amenities, it's perfect for families who enjoy urban living without sacrificing convenience. The strong commercial activity here has also led to steady appreciation in residential property values.
For those seeking value without compromising on lifestyle, Sector 56 and 57 are emerging as smart picks. These modern sectors offer well-connected housing at more reasonable prices compared to older premium zones. As Gurgaon's infrastructure continues to improve, these areas are poised for significant growth.
Further out, Sohna Road is slowly but surely winning hearts, especially among young families and people buying their first home. The promise of metro connectivity coming soon, combined with plenty of housing choices that don't break the bank, is making it one of those rare spots in Gurgaon where convenience meets affordability. And that's exactly what homebuyers are looking for today.
What This Means for Homebuyers
Galleria Market's record-breaking rental surge is more than just a commercial milestone; it's a testament to Gurgaon's evolving identity as a mature, globally competitive real estate market. For homebuyers, this translates into stronger resale value, better rental yields, and access to premium social infrastructure.
Whether you're looking at luxury apartments on Golf Course Road, family-friendly gated communities in DLF, or value-driven homes in Sohna Road, one thing is clear: Gurgaon's growth story is far from over. And right now, it's writing one of its most exciting chapters yet
