New Gurgaon – the ideal destination for home buyers

Backed by a range of attractive options for end-users and investors, New Gurgaon is swiftly emerging as an ideal destination in the NCR.

If you’ve missed out on the opportunity to invest in the Millennium city - Gurgaon and think that the rates have gone overboard; don't be disheartened, here comes a new emerging, high-potential investment destination similar to Gurgaon, the new dream place - New Gurgaon.

Developed around NH-8 and spanning sectors 76 to 95 as per the Master Plan 2031, New Gurgaon is a fast-rising hotspot for property buyers. With residences of all hues – studio flats, apartments, penthouses, independent floors and villas – the destination has a wide range of options to suit every need and budget. With the ongoing plans to connect the New Gurgaon sectors with the Metro and Rapid Metro, it’s only a question of time before these areas will offer robust returns on investments.

 

Excellent Connectivity

Moreover, as the infrastructure and allied developments such as Dwarka Expressway gather pace, there will be better connectivity with all outlying areas, including Gurgaon and Delhi. With plans for an Inter-State Bus Terminus near the Gurgaon-Pataudi Road, connectivity will rise in the near future.

Situated on the intersection between NH-8 and the 150-metre-wide Dwarka Expressway, New Gurgaon has thriving industrial and business hubs within close proximity, augmenting its potential for home buyers and investors. Home buyers benefit from living within the catchment area of employment and business opportunities, while investors have better options of reselling units at healthy premiums or renting it out to corporate clients. Easy access to the nearby towns of Manesar and Dwarka also add to the overall allure of New Gurgaon.

Additionally, with already-developed areas such as Golf Course Road, Sohna Road and Mehrauli-Gurgaon Road within quick driving distance, the New Gurgaon residents will live close to the city life and hardly a short drive away from established malls, markets and the Metro. Renowned schools, colleges and other educational institutions as well as hospitals and healthcare facilities will also be available within driving distance.

And there’s more! People seeking regular holiday breaks should note that Damdama Lake and Sultanpur Bird Sanctuary are situated close by. For regular national and international travellers too, the good news is that IGI Airport is a short drive away!

 

Multiple Benefits

Another significant development for properties in New Gurgaon is the news that Dwarka Expressway will be completed in the coming days, since the Punjab and Haryana High Court has cleared the final hurdle in constructing the last four kilometres of the 18-km stretch. Once the Expressway is operational, commuting between Gurgaon, New Gurgaon and Delhi will be much faster. Besides the Delhi-Gurgaon Highway and the Mehrauli-Gurgaon Road, residents will have this third route to reach Delhi. Also, the coming up of Cyber Hub -2 on the main Sohna Road stretch will add to the charm of the area and increase the demand of commercial spaces.

With the Kundli-Manesar-Palway Expressway work also slated to be completed within a year and the 1,483-km Delhi-Mumbai Industrial Corridor located on NH-8, connectivity along this stretch will be excellent, lending further traction to residential projects and other developments within the region. Besides the fast pace of construction in many projects, sector roads are being developed speedily, while some are already ready.

It’s no surprise that the biggest developers in Delhi-NCR are making their presence felt via periodic launches of various projects, many of them based upon community living and integrated township concepts. This ensures residents will have access to all basic amenities and facilities within the project precincts, without having to drive long distances to meet daily needs. For environmentally-conscious citizens, there are projects designed with a high green quotient, following the international sustainable living standards.

Considering all the above advantages, this is the ideal time for home buyers and investors to purchase property in the promising sectors of New Gurgaon and make the most out of their realty investments!

Dear sir We are disappointed to your company I mcustomer of springs view floors A.2102 But Your staff not cooperative and they don't having manner I want to rent out my flate to some students but they are saying it not allowed for bachelor but mene to rent ke leye hi liya hai I m reside in dwarka Delhi

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Abhishek Joshi CA, CFA

Vice President at Colmore from Preqin

9 年

Housing rates are stagnant for past three years.. there is huge supply in new gurgaon and less demand. This is keeping rates at a lower side. Projects are ready by no inhabitable. There are no schools, hospitals and market. How can a person stay in such area. Do your homework before investing. Do visit site and note it.

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Sumit Arora

Enterprise Data & Business Application Expert | Driving Digital Transformation

9 年

My advice to buyers, do not buy house until houses are not move-in ready. I have already visited all of these sectors since 2009, and I doubt on the progress. Please do not believe on what builders says. Better to see the correct building drawings and also approach to the Town Planner of HUDA (e.g. Sec-14 Assistant Town Planner - Mr.Bhatt or someone else). Extract the details of approvals for the specific builder e.g. Maintenance contract, Its policies and everything, get all the information related to that building on which you are interested in, you may see no. of parkings approval, drawing approval, road related stuff and many other details, electricity approvals, water connection and many others. Do your own homework and avoid local property dealers (e.g. local property dealers may promise - "sir now parliament is shifting to Gurgaon or Next year metro will be here or anything sky-high promises"). Wish you all the best on the property and investment deals.

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Long jump short time without risk

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Kuldeep Chandra

Project Management Professional , SPA New Delhi

9 年

True opportunity for new buyers. ..

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