Archive · 2 Aug 2025
Gurugram Property Prices Soar, Expert Warns of FOMO Bubble
House prices in Gurugram have shot up very quickly.
An expert named Nitin Kaushik thinks this is like a bubble, where prices are going up because of excitement and greed from investors, not because people can actually afford the homes.
He points out that the cost of homes has risen much faster than people's salaries, making it hard for people to buy them.
The expert is worried that this rapid growth can't last and might eventually lead to a big drop in prices.
Gurugram home prices have increased by 65-67% since January 2023.
Unsold housing inventory is at a 10-year low.
Entry-level 2BHK apartments in Gurugram now cost over ₹1 crore.
CA Nitin Kaushik believes the price surge is driven by investor euphoria, not actual market growth.
Kaushik states that salaries have not kept pace with the rising housing costs.
- Who
- CA Nitin Kaushik
- What
- Concern over a potential real estate bubble in Gurugram.
- When
- The price increase is measured since January 2023.
- Where
- Gurugram
- Why
- Kaushik warns about the sustainability of the market, given the rate of price increase, and the impact of investor greed.
Market Stability
Market Growth
Sustainability of the growth
Market Stability
The market is driven by speculation and unsustainable practices.
Market Growth
N/A
- Location
- Gurugram
- Price increase
- 65-67% since Jan 2023
- Expert opinion
- Nitin Kaushik, Chartered Accountant
- Unsold Inventory
- 10-year low
- 2BHK Apartment Cost
- Over ₹1 crore
