Mahindra Luminare, Sector 59 Gurgaon

Mahindra Luminare is a housing project by Mahindra Lifespaces of three towers of ground plus 31 floors on about 6.8 to 7 acres in Sector 59, on Golf Course Extension Road, Gurugram. It launched in 2017. Towers A and C were delivered in 2021 and 2022, and Tower B, registered in 2022, was at the finishing stage in April 2026. Mahindra lists it as sold out. The row this page replaces called it a new launch and printed 4 Cr* Onwards, which is close to what a 3 BHK cost in 2017. The same flat now resells at about Rs 7.25 to Rs 7.5 crore.

That is about Rs 24,300 to Rs 27,600 per sq ft across the two plans, roughly double the launch rate. Rents have not kept up: the gross yield is about 2.3 to 3.6 per cent.

What sellers ask, divided by the area

• The 2,985 sq ft 3 BHK at Rs 7.25 crore: Rs 7,25,00,000 over 2,985 is Rs 24,288 per sq ft. Others ask Rs 7.40 crore (Rs 24,791) and Rs 7.48 crore (Rs 25,059).
• The 3,625 sq ft 4 BHK at Rs 9.5 crore: Rs 26,207 per sq ft. Others ask Rs 9.68 crore (Rs 26,703) and Rs 10 crore (Rs 27,586).
• Tower B has been quoted from about Rs 6.01 crore on a site that is not the developer's; if that is the 3 BHK it is about Rs 20,130 per sq ft, but the listing does not say which plan it means.

A portal index puts the average at about Rs 25,700 per sq ft in early 2026, up about 4.5 per cent in a quarter. So the band is about Rs 24,300 for the 3 BHK to Rs 27,600 for the 4 BHK, with the larger flats dearer per sq ft, which is unusual and says the 4 BHK is scarce.

The two one-unit pages that now fold into this one

This site carried two separate resale pages for 2,985 sq ft flats here, one calling it a 3 BHK and one a 4 BHK, both with the same formula band. The 2,985 sq ft plan is the 3 BHK. Both now fold into this page.

The band ran from Rs 15,000 to Rs 19,500 per sq ft. Even its top was about Rs 1.4 crore under the cheapest ask. A buyer who read either page would have made an offer no owner here would consider. The 4 BHK is 3,625 sq ft, at Rs 9.5 to Rs 10 crore.

From 2017 to now

At launch in 2017 the base was about Rs 12,260 per sq ft, less a Rs 600 launch discount: about Rs 3.5 to Rs 3.7 crore for the 3 BHK. Mahindra's own blog pages still carry from-prices of about Rs 3.6 to Rs 4 crore from that time, which is where the old headline came from. The rise to about Rs 25,000 is the whole Golf Course Extension Road story: the corridor was re-rated as its finished towers filled between 2021 and 2025, and Luminare's first two towers were among them.

The rent, and the yield it produces

A 3 BHK lets for about Rs 1.4 lakh to Rs 2.2 lakh a month; a semi-furnished 2,985 sq ft flat asks Rs 1.40 to Rs 1.45 lakh, and the Sector 59 average is near Rs 1.3 lakh. Divide: Rs 1.5 lakh a month is Rs 18 lakh a year, 2.5 per cent on Rs 7.25 crore; Rs 1.4 lakh on Rs 7.40 crore is 2.3 per cent; the top rent of Rs 2.2 lakh would give 3.6 per cent. So about 2.3 to 3.6 per cent gross, with most leases near the bottom. A home, not an income.

Three towers, and how many flats

Three towers, A, B and C, of ground plus 31, with about 70 per cent of the site open. Tower B alone has 140 flats on about 1.41 acres. The total is printed as 240 on two sites, about 360 on another and 500 on two more; they cannot all be right, and the three registrations are the place to settle it. What matters for a buyer is the tower: A or C is finished and lived in, while B was finishing and its handover should be confirmed before paying.

Where it sits in Sector 59

Sector 59 is at the Golf Course Road end of the extension. Conscient Hines Elevate in Sector 59 resells at about Rs 25,000 to Rs 26,700 per sq ft, very close to Luminare, and Max Estates in Sector 59 is the newer neighbour. Smartworld Orchard in Sector 61 resells near Rs 16,000 as low-rise, and Puri Aravallis in Sector 61 near Rs 19,300 while being built. The corridor is on the Golf Course Extension Road page.

Who this suits, and who should look elsewhere

Luminare suits a family that wants a large finished flat at the Golf Course Road end of the extension from a listed developer, at about Rs 7.25 to Rs 10 crore, in Tower A or C. It does not suit an investor after rent, a buyer who expects the old Rs 4 crore, or a buyer offered a Tower B flat without its handover confirmed.

Before you pay anything

1. The tower: A or C, finished; B, confirm the handover.
2. The plan: the 3 BHK is 2,985 sq ft, the 4 BHK 3,625 sq ft.
3. The arithmetic: the ask over the area, against Rs 24,300 to Rs 27,600.
4. The registration for the tower: 47 or 42 of 2017, or 26 of 2022.
5. The title: the conveyance deed, the occupation certificate and a no-dues letter.

Frequently asked questions

What is the resale price of Mahindra Luminare?

About Rs 24,300 to Rs 25,100 per sq ft for the 2,985 sq ft 3 BHK, asked at Rs 7.25 to Rs 7.48 crore, and about Rs 26,200 to Rs 27,600 for the 3,625 sq ft 4 BHK, asked at Rs 9.5 to Rs 10 crore. A portal index puts the average at about Rs 25,700 per sq ft in early 2026. The old figure of Rs 4 crore onwards was close to the 2017 launch price.

Is Mahindra Luminare ready to move?

Towers A and C are finished and lived in, delivered in 2021 and 2022. Tower B, registered in 2022, was due in August 2026 and was at the finishing stage in April 2026; its handover had not been confirmed by late September. Mahindra lists the project as sold out, so every purchase is a resale.

What is the RERA number of Mahindra Luminare?

Mahindra's own page lists three: 47 of 2017 for phase one, 42 of 2017 for phase two and 26 of 2022 for phase three, which is Tower B, registered as GGM/551/283/2022/26 on 15 March 2022. Check the one covering your tower on the Haryana RERA site.

Is the 2,985 sq ft flat in Mahindra Luminare a 3 BHK or a 4 BHK?

A 3 BHK. The plans are a 3 BHK of 2,985 sq ft and a 4 BHK of 3,625 sq ft on saleable area, with duplex penthouses of about 4,887 and 6,085 sq ft. A listing calling a 2,985 sq ft flat a 4 BHK has the plan wrong.

What rent does a flat in Mahindra Luminare earn?

About Rs 1.4 lakh to Rs 2.2 lakh a month for a 3 BHK, against a Sector 59 average near Rs 1.3 lakh. On a Rs 7.25 crore flat that is about 2.3 to 3.6 per cent gross, with most leases near the lower end.

How big is Mahindra Luminare?

Three towers, A, B and C, of ground plus 31 floors on about 6.8 to 7 acres, with about 70 per cent of the site open. The number of flats is printed as 240, about 360 and 500 on different sites, and Tower B alone has 140, so the count needs checking against the registrations before it is relied on.

What did Mahindra Luminare cost at launch?

About Rs 12,260 per sq ft in 2017, less a Rs 600 launch discount, so a 2,985 sq ft 3 BHK was about Rs 3.5 to Rs 3.7 crore. At about Rs 24,300 to Rs 25,100 today, the same flat has roughly doubled.