NEW GURGAON - INVESTOR'S PARADISE

New Gurgaon near Dwarka Expressway is an investor's paradise and analysts highly recommend projects in this area. 

According to the recent report, properties in as many as 30 sectors of Gurgaon have appreciated by more than 100% in the last four years. Development activities in New Gurgaon have given a new lease of life to the real estate activities in Gurgaon, after the merger of master plans of Gurgaon and Manesar.

At present, New Gurgaon is home to the highest number of professionals per sq km in the country and also has the third highest per capita income.

Top notch realty players and promoters like SS Group, Ansal API, Unitech, DLF, Vatika among others, were the pioneers in identifying Gurgaon as a strategic location and establishing it as the hub for residential and commercial projects.

The new sectors of New Gurgaon, including Golf Course Extension Road, NH-8, Dwarka Expressway & a proposed ISBT project is also going to see planned and effective civic infrastructure. Wider roads, less congestion, more open spaces, and easy commuting due to access to NH-8 and Dwarka Expressway are other advantages of investing in Gurgaon and its peripheral areas. All these factors promise good returns and make New Gurgaon an ideal destination for investment.

Over the years, new realty sectors of Gurgaon have seen vast improvement in infrastructure with the development of new roads and highways like Dwarka Expressway, NH 8 and better connectivity through the launch of Metro and Rapid Metro.

With the presence of over fifty listed companies in Fortune 500 and a large presence of almost all Indian blue-chip companies, Gurgaon is now the corporate capital of northern India.

As employment opportunities and industries grow in Gurgaon, many HNIs and investors are choosing to shift over there. This is evident from one of the recent reports which said that the maximum demand in Gurgaon was registered for units worth Rs 1 to 2 crore, closely followed by properties worth Rs 60 to 100 lakh for the quarter ending June 2014.

The New Gurgaon micro market is located towards the western periphery of Gurgaon. It is composed of Sectors 81, 81 A, 82, 82 A, 83, 84, 85, 86, 88, 89, 90, 91, 92, 93, 94, and 95 and promises to deliver over 26,000 residential units.

According to Gurgaon-Manesar Master Plan, 2031, New Gurgaon has been zoned primarily for residential development purposes. Most of the project launches took place between 2009 and 2012.

In the primary market, a number of premium projects were launched including The Leaf by SS Group in Sector 85, Ansal Hub by Ansal Housing in Sector 83, Burman GSC by Burman Group in Sectror 82A etc.

SS Group in New Gurgaon is set to change the skyline of the Millennium City, offering new avenues of growth development.  The group has diversified in Residential, Commercial projects with Brewery, Healthcare, Hospitality and Education.

New Gurgaon has grown and progressed beyond recognition over the last decade. It has Lofty skyscrapers and world-class townships define the skyline of the Delhi NCR's fastest growing satellite city.

A huge supply of quality residential & commercial real estate has helped the region grow fast, providing fresh minimum mass for the development of real estate in Gurgaon in the last couples of years.

New Gurgaon has nearly 48,000 units in the area, out of which over 3,100 apartments are getting ready for possession, with around 8,000 customers ready to move into SS Group City alone. SS Group is the largest developer in the region and is credited as the main driver of the development of Gurgaon. Its project, The Coralwood, is one of the most sought after projects in the New Gurgaon area. This gated township is located along with 85% green expanse. Located in close vicinity of the IGI airport, The Coralwood has the advantage of superb connectivity through the forthcoming Dwarka Gurgaon Expressway and NH8.

A host of new projects have been launched by SS Group in New Gurgaon along Dwarka Expressway & NH-8, connecting Gurgaon to Manesar.

Favoured by both budget-home as well as premium-home developers, some of the recent launches in the premium segment in and around SS Group’s the Coralwood include The Leaf, A Almeria etc. This has attracted high net worth buyers and investors who seek capital appreciation opportunities.

Properties in Gurgaon

Ready to move-in options in Gurgaon

Gurgaon is the second largest city in Haryana, situated near New Delhi. The city comes in NCR and has third largest per capita income in India. Once known as Guru Gram, the city today enjoys the title ‘Millennium city’.  It was in 1970’s when one of the manufacturer giant Maruti Suzuki entered the Gurgaon market and started its’ economic growth story.

Since then, there is no stopping and the city has seen rapid urbanization. Today companies like Canon, Google, IBM, Dell, India bulls, Converges, Microsoft, Accenture, Coco Cola, Nestle, Pepsi etc and many others which are around 250 Fortune companies, have their corporate offices in Gurgaon. The city has become synonym with luxury and classy lifestyle. It has something to offer to everyone, be it good fortune companies to work in, good schools and colleges to study in, 5/7 star hotels or great shopping hubs. Living in a city like this is a dream of many. The city has many relocates from South Delhi –which is well known as one of the most posh areas of the capital. People relocate here for jobs, better lifestyle and class.

The city is still developing and has many good builders are coming up with their projects in the city. Gurgaon has many upcoming commercial and residential projects, which would be launched around 2017. But, what when we talk about the ready to move options? Yes, there are many and that is what we are going to discuss today. If we talk about the Gurgaon Master Plan 2031, the city is divided into five zones. They are Dwarka Expressway, New Gurgaon, Gold Course Extension Road, Sohna Road and Gold Course Road. Out of these five zones, Golf Course Road and Sohna road offer good options for ready to move in.

On Golf Course road and MG Road, the minimum investment starts from 1.30 Crore. Under this budget one can get options in projects like Essel Towers and DLF Phase 5. Increasing your budget may get you many other good options as well. Golf Course road spells out class and has all the amenities of daily needs. Golf Course Road will be experiencing great development in the near future with signal free 16 lane road that will connect Shankar Chowk to Sector 56. At present, the road connects Gurgaon-Delhi Toll Gate to Sector 69(Ambedkar Chowk) in Gurgaon. One can find great properties from some of the Property giants of the country like DLF, Vipul, Bestech, Unitech to name a few.

Coming to other options, Sohna Road is the other one. One can find a good property in around 80 Lacs here. The area again is good to live in with the daily amenities at a hands distance. Under this budget one can go for Tulip Orange.  If this budget doesn't suit you then compromising a little with the amenities, you can find good option in around 70 Lacs on Gurgaon-Faridabad road. Projects here under this budget are Valley View Estate and Silver Oak Apartments.

For the people who can wait for some time and are looking for good options to invest in, it is advisable to go for the properties in the Original Booking in the Pre-launch stage. Some of the projects in this option are Pareena in Sector 68 close to Sohna Road, Ansal Highland Park in sector 103 on Dwarka Expressway to name a few. Else one can also go for Greater Gurgaon, which is another upcoming area near Gurgaon. Greater Gurgaon is attracting buyers and investors from all over the world. The area has projects from Shree Vardhman, Eldeco, CHD, Silverglades, Homestead, 1000 Trees from Geoworks; all on the main Sohna Road.

We hope this article was fruitful to you.

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LUXURY REAL ESTATE MARKET OF GURGAON

Luxury Homes in Gurgaon

There was a time when the Realty Analysts used to doubt the caliber of Gurgaon’s Realty Market. Slowly and steadily the time has come when the city has become the first choice of people when it comes to investing in the Luxury Real Estate Market.

Young Professionals are driving the demand of Luxury Segment in Gurgaon. According to recent survey by Associated Chambers of Commerce and Industry of India (ASSOCHAM), urban youth aged between 24 to 35 years are the ones who are investing in the Real Estate.

The youngsters see Gurgaon as a city offering the right mix of lifestyle amenities, varied residential options and professional stability as well. The young buyers working in Multinational Companies are exposed to Global Living and prefer Multi Storeyed buildings to live in. 

They prefer living in present rather than worrying for the future. This psychology gives the young India the power to invest in the Luxury Segment. The sale of luxury projects has gone up by nearly 30% in past few years. When it comes to Luxury Residences, world-class amenities are what the builders compete on. The Luxury Residences start from the range of Rs 1.15 Crore. The price directly depends on the number of amenities being offered. When it comes to Gurgaon then the areas like Dwarka-Gurgaon Expressway, NH-8, and Golf Course Extension Road seem to be promising.

Many renowned builders like DLF, Vatika, Unitech, IREO, Homestead, Shoba Developers, Ansal API and more have already started to make their impression in the city. Different builders are playing different market strategies to mark their image in the market and shoot up their sales too.

Ireo has roped in the international hospitality chain Hyatt Hotels for its branded housing product, ‘Grand Hyatt Residences’ in Gurgaon. The range of the project will start from Rs 11 Crores. The project will offer 7-star like facilities to the residents.

Coming to Homestead, they are coming up with Branded Luxury Housing as well. They have announced a project ‘Ballet’ in Sector 72 Gurgaon. The project is inspired by Iconic Tennis Player Maria Sharapova. Sobha, one of the well known developers from Bangalore is coming up with Sobha International City in Gurgaon.

Puri Construction has also launched two high-end luxurious projects, Diplomatic Greens and Emerald Bay, in Sector 104 and Sectors 110-111 respectively. Vatika Express City also offers Luxury Living Options. Going with the experts, it seems that Gurgaon Market will continue to rule the Realty Market in NCR.

The main reason behind this is the amenities that the city offers be it Lifestyle, Amusement or Professional growth opportunities. Added to all this the increasing transportation facilities with other neighboring states, close proximity to the IGI airport, and Metro rail connectivity to Delhi, have also contributed to help Gurgaon reach to the  position as a preferred residential as well as commercial destination.

For Ultra Luxury Apartment in Gurgaon Visit:- Properties in Gurgaon