Over the last few years, the real estate sector in Gurgaon in the Delhi-NCR area has changed dramatically. Given that prime areas have already reached saturation in terms of prices and occupancy, the advent of new residential areas may not be surprising. Gurgaon's status as a business center is well-known. Gurgaon is one of the best places to invest in real estate because of the abundance of high-quality residential areas and the steady improvement in connectivity to Delhi. Infrastructure development and expansion of civic amenities such as Golf Course Road and the Dwarka Expressway are both signs of the real estate market's growth in Gurgaon.
Gurgaon has a wide range of residential options ranging from 2 to 3 bedrooms, all of which are available at very reasonable prices, making it a popular real estate destination. Gurgaon's micro markets, especially Sohna Road, Golf Course Extension Road, and Southern Periphery Road, have seen rapid development.
FUTURE OF REAL ESTATE GURGAON
It is clear that the Gurgaon real estate market will continue to expand in the coming years.
AVAILABILITY OF RESIDENTIAL OPTION
As we all know, Gurgaon has a lot of space and a lot of options for residential townships when it comes to venues. These are significant factors in determining the real estate sector's growth in Gurgaon.
IMPROVEMENT IN STRUCTURE AND CONNECTIVITY
In every nook and cranny of Gurgaon, a plethora of artistically crafted and breathtakingly beautiful residential complexes by trusted and leading builders and developers can be found. This corporate hub – Gurgaon – is attracting a lot of home buyers. The smooth connection to Delhi is the icing on the cake in terms of improving its real estate market position.
CIVIC AMENITIES
Many citizens are being enticed to invest in Gurgaon due to the increased availability of civic amenities near residences. One of the key reasons why we see more and more millennials investing in Gurgaon is the availability of residential complexes close to prestigious educational institutions and corporate offices. Most of the ready-to-move-in flats in Gurgaon are equipped with a variety of amenities such as party halls, fitness centers, yoga rooms, and club houses.
AFFORDABLE HOUSING IS A BLESSING
When it comes to residential development, Gurgaon has a lot to offer. This is one of the reasons why many investors and NRIs prefer Gurgaon as their investment destination. House demand and supply are mostly concentrated in the middle and upper price ranges.
With more and more businesses establishing themselves in Gurgaon, the city appears to offer a wide range of opportunities. This just means that there will be more employment in Gurgaon, and hence a higher demand for residential complexes.
WHAT ARE THE BEST AREAS FOR PROPERTY TO INVEST IN GURGAON?
Dwarka Expressway:- The Dwarka Expressway, also known as the Northern Peripheral Expressway, is one of Gurgaon's most desirable locations. Between Delhi and Gurgaon, the 27.6-kilometer stretch will act as an alternative connector. It has become a hotbed for real estate investment due to its excellent connectivity, nearby social infrastructure, and land availability. Sectors 99, 100, 101, 102, 103, 104, 109, 110A, 111, 112, and 113 are popular residential areas in the district.
Sohna Road:- Sohna Road is the next residential hub in Gurgaon, and it is located in Sohna, which is home to historical landmarks, hot springs, and lakes. Sohna Road is well connected to major business and corporate centers, as well as industrial zones. This area provides easy access to the Gurgaon Railway Station, IGI Airport, and Huda City Centre Metro. Residential investment in the region has been fueled by affordability and attractive returns. Many developers, including Godrej, have created affordable apartments, villas, and penthouses in this area.
Golf Course Extension Road:- For those looking to live near the posh areas of Phase 1, Phase 2, and Phase 5, the Golf Course Extension Road is a good investment choice. The location is just 27 kilometers from IGI airport and is well connected to Cyber City and corporate parks on Golf Course Road via Rapid metro. Home prices have risen in recent years as a result of current and planned social infrastructure. Residential developments on the Golf Course Extension Road range from flats and villas to duplexes and suites, appealing to people from all walks of life.
New Gurgaon:- New Gurgaon is a rapidly developing real estate destination, strategically situated between Delhi and Manesar. This area provides a great investment ecosystem with prominent colleges such as GD Goenka, Amity University, and BML Munjal University in the vicinity, direct connectivity to NH-8, 25 minutes from IGI airport, and 20 minutes from DLF Cyber City. Since the area is peaceful and has a lot of greenery compared to the rest of Gurgaon, it will attract homebuyers looking for a break from the hustle and bustle of the city. The upcoming Delhi-Gurugram RRTS Corridor will improve regional connectivity and encourage working-class residents to invest in the city.
