Gurugram Rents Dip Despite Soaring Tenant Demand in Q4 2025

• Gurugram rental values declined in Oct-Dec 2025 quarter, even as tenant demand increased by 3.6% QoQ and 13.1% YoY.
• The market shows a structural mismatch: 75% of demand is for 1-2 BHK units, while 52% of listings are 3 BHKs.
• Affordability pressures are evident, with 44% of demand in the ₹10,000-20,000 bracket, but 36% of listings are ₹50,000-1 lakh.
• Landlords in the premium segment are moderating expectations after sharp rent increases in the past two years.
• The dip reflects a pricing correction due to supply skew and affordability, not a slowdown in leasing activity.