With close proximity to the national capital of India, New Gurgaon is situated in the south-west of New Delhi. Known as a financial and technology hub, New Gurgaon real estate has witnessed major growth where NRIs have traditionally flocked to make property investments. This realty destination stands as a productive prospect for those who want to get high returns on property investments conveniently. Analyzing exclusive lifestyle the city offers and upward trends, people are keen on investing in properties in New Gurgaon.
Major players of real estate market such as Omaxe, DLF, Unitech, Vatika, Godrej Properties, Bestech and more have exemplified their potential by transforming this area. This provides investors a confidence to invest in New Gurgaon properties. Sectors coming between Manesar Industrial area and Dwarka Expressway along NH-8 create the real estate market of New Gurgaon. Here are various factors that make New Gurgaon a top realty destination for investment:
New Gurgaon has various types of properties from luxurious villas to individual houses. The projects with 3 BHK and 4 BHK apartments, duplexes are one of the reasons which attract investors. The other facilities provided are car parking space, elevators, and more.
Location plays a main role when deciding to invest in properties. Most of the people choose a place which is close to metro station that assures all facilities. New Gurgaon has close proximity to metro station, and public transports provide ease to reach the station easily. Ease of accessibility is what attracts group of developers to this place. Away from hustle-bustle of main city, New Gurgaon is just 20 minutes drive from commercial hubs such as Golf course Road, Cyber City, and shopping malls of Gurgaon. This place is accessible from Indira Gandhi International (IGI) Airport, Sohna Road, Gold Course Road and even Delhi. One can reach New Gurgaon bypassing Gurgaon once new road from Sector 63A is constructed.
New Gurgaon is emerging as vibrant commercial and residential hub in NCR. Leisure Valley is a destination where large population of Gurgaon converges to enjoy various social activities. There is tremendous development in social infrastructure facilities in New Gurgaon such as metro rail, national highways, hospitals, schools, etc.
Reasonable Price of Property
Apart from luxurious villas for high end users, New Gurgaon is within reach of middle-class home buyers also who can afford house that has all the required amenities and facilities. The property price varies between 3,754 to 5,694 Sq-ft depending on locality, which is lower than other locations by all parameters.
Dwarka Expressway, National Highway – 8 and KMP Expressway provides good connectivity to New Gurgaon. Additionally, Northern Peripheral Road is an extension of New Gurgaon and via this boulevard New Gurgaon is accessible from New Delhi.
Overall, multiple high-end commercial and residential properties are being constructed in New Gurgaon. Northern Peripheral Road will provide good connectivity to the commuters to and fro Delhi and New Gurgaon. All these reasons clearly indicate why New Gurgaon is most lucrative property investment destination.