Known as the Millennium City, Gurgaon today is one of the hottest favorite realty hotspots not only in NCR but in the entire country. People from various cities want to invest here. This is due to fast developing infrastructure, presence of Global and renowned MNCs, IT/ITes companies and a flourishing real estate market.
With the population of prospective homebuyers to invest in the Gurgaon are increasing day by day, many new localities have emerged in the city that is gaining momentum in the property market and among property buyers too. All these localities are not only offering various properties option but that too at attractive prices.
Golf Course Extension Road
A bustling locality of the city, Golf Course Extension Road enjoys good connectivity with National Highway 8. The international airport is just half an hour away from this locality. Also, there is easier accessibility to Gurgaon-Faridabad Road and DMIC (Delhi Mumbai Industrial Corridor) from here. Rapid Metro phase-2 also runs from here. Sectors which fall under Golf Course Extension Road are Sector 55, 56, 61, 62, 65, 66, 67 etc.
The locality offers a plethora of housing options for every ticket size. Both ready to move in, near completion and under construction project are available here. Hi-end projects by IREO and M3M are the attraction point of this locality. The average price of the property in Golf Course Extension Road is 8,383 per sq.ft.
Another promising real estate market of Gurgaon, New Gurgaon is well connected to with 3 main highways, NH8, KMP Expressway, and Dwarka-Gurgaon Expressway. Railway station and International Airport is also in vicinity to this locality. Sectors which falls in New Gurgaon are 82, 83, 86, 91, 92 & 95A. Due to presences of well-developed infrastructure and better connectivity, many top realtors like DLF, Ansals, Vatika, Bestech, and others have developed their projects here.
The average price of the property in New Gurgaon is 5,073 per sq.ft.
Proximity to office spaces and recreation and entertainment centres makes Gurgaon’s Sohna Road a hot favourite locality today among homebuyers as well as real estate developers. Many ready-to-move-in housing units in various ticket sizes are available here. Sohna Road enjoys good connectivity with Airport, Railway station and NH-248A.
Sector 33, 38, 47, 48 and 49 are the popular sectors in Sohna Road. The average property price in Sohna Road is 7,519 per sq.ft.
South Peripheral Road (SPR)
Part of the New Gurgaon, South Peripheral Road is also one of the most favorable real estate investment destination loved by many home buyers. SPR is in proximity to major commercial hubs of Sohna Road, Golf Course Road, Cyber City, and Udyog Vihar. It is just 28 km from IGI airport and 14 km from the railway station.
Leading developers like DLF, TATA, Ireo, Emmar MGF and others have developed or developing their projects here in the locality. Because of the presence of well-developed infrastructure and better connectivity, the area has seen many commercial and residential developments in recent times.
The average property price in SPR is 6,778 per sq.ft.
Source : investors-clinic