India, Sept. 11 -- Golf Course Extension Road (GCER) in Gurugram has recorded sharp price escalation over the past five years, with new-launch rates rising from about Rs.8,800 per sq ft in 2019 to nearly Rs.20,267 per sq ft in 2024 and rental yields increasing by close to 18 percent, according to Savills India's Gurugram residential reports (2023-24), Cushman & Wakefield NCR updates, and market trackers such as Square Yards and 99acres.

Rental yields in prime Gurugram micro-markets like Golf Course Road and MG Road typically hover around 3.5 to 4 percent. GCER's yields have now touched 4.2 to 4.7 percent, placing it ahead of older luxury corridors in the city.

Developers, residents and realty experts said GCER's mix of seamless connecti...