Residential Projects in Gurgaon ďƒ˜ Known as the NCR hub, Gurgaon has seen growth in demand for new housing eventually for the third quarter in a row, as per the American bank. ďƒ˜ While, the slope in need had very little effect on rates, which has been rising with an average of 4.5% in all projects in the last three-month period, little project brought in the last three months, less stock and growth in expectations in stock led to a strengthening of prices.