New Gurgaon- Future Destination For Real Estate Investment


With seamless connectivity, affordable property, multiple infrastructure projects under construction and amazing future growth prospects, New Gurgaon have become an ideal future destination for real estate investment.

New Gurgaon, is another name for sectors or areas beyond the second toll plaza on NH-8, which has a prime location of either side of the highway and also accessible via internal sector roads. The two growth corridors for development projects are the real estate micro-market and the Dwarka Expressway, which is now considered as a stretch of new Gurgaon region

New Gurgaon holds a bright future with two main clusters including Sector 76 to 95 & 95A and Sectors 102 to 113. All these sectors are well connected to the major three highways which are National Highway 8 (NH8), Dwarka-Gurgaon Expressway, and Kundli–Manesar–Palwal Expressway. Commuters on this road will enjoy amazing connectivity to Airport, Railway Station, and the proposed ISBT. Also, it is bisected by the National Highway Pataudi Road which makes it the best real estate investment in new Gurgaon.


Proposed Gurgaon’s metro expansion plan but no clarity on routes

Due to the excellent connectivity to interior parts of New Gurgaon and Delhi with a metro extension coming soon, there are several world-class commercial and residential projects that come up here. The metro route, as per the officials will start from Huda city center and extend up to sector 23, which cross NH-8 at Hero Honda chowk through Subhash chowk. From NH-8, it will extend to Sector 104 near Dwarka expressway via sector 9A and come back. Then the metro route will stretch to Sector 4 or 5 and go towards Palam Vihar and Rezang la Chowk in sector 23.

At first, 19 metro stations were planned on the metro corridor but the officials decided to build 22 stations as per the revised plan. Now, the metro route alignment altered to take the metro up to Sector 104. This development move attracted lots of commercial and residential investors.

All the prominent builders have shown their utmost interest and launched several projects across New Gurgaon such as sectors 82, 83, 86, 91, 92 & 95A. For the coming future, the Haryana government also panned multiple development activities in the region. Also, with the third-highest per capita income in India, New Gurgaon has become the most promising financial and industrial hub which promises a healthy return on investment in the mid long term horizon.

Real estate Growth

New Gurgaon is counted among the top-notch location in the commercial and residential sector.
This location is ideal for multinational companies, industries, corporate buildings, offices, and other commercial setups. New Gurgaon region and Dwarka Expressway are all set to boost retail as well as office spaces. The city has local offices for more than 500 companies. The commercial expansion has also resulted in residential growth across Gurgaon.

Till today, there are approx 51,000 residential apartments units already launched. Due to the presence of major business opportunities, there are plenty of jobs and investment opportunities in Gurgaon.

The increased demand for office spaces has led to the growth of business centers, virtual, offices, or co-working spaces. The co-living spaces and co-working or the shared spaces have contributed to the changing trend in the residential and commercial sectors. There is a huge rise in the availability of space for rent as people are buying more and more property in Gurgaon, which also has become a new trend for investment purposes.

Real Estate Investment in Gurgaon

Today Gurgaon has made his own niche in the real estate market where residents, builders, and investors all have put their efforts to make Gurgaon as the best real estate destination to invest.

But one question that pops up in every investor's mind “Where to invest in Gurgaon?”

There is no one sector which is best for investment, it mainly depends on your requirements and budget. Since, there are many sectors such as Sector 113, 84, 89, 105, 85, 86, 83 but among all, Sector 83 is the most rapidly developing and most promising locality for the people who are looking to invest in prime localities of new Gurgaon.


Comments

Popular posts from this blog

Metro Station Near Sector 83 Gurgaon With a Good News

New Age Housing In Gurgaon

Office Space in Gurgaon - 83 Metro Street