Investment Strategies, Real Estate

Gurgaon New Projects Still Favorite among Investors

The impressive connectivity of among the adjoining sectors in New Gurgaon is contributing in making this micro market a coveted destination for investment and buying. One may ask what is so impressive about Sector 81 to 115 that are attracting investors. In short, the volley of infrastructural development, establishments of commercial significance, and the influx of real-estate constructions have created scope for profitable investment opportunities. With the removal of existing barricades that impaired connectivity in this region, buyer and investor activity has followed with a renewed vigor.

Thanks to Dwarka Express Way, this is now connecting the region to other important sites of Delhi like Kapashera and Dwarka.  To talk about the USP of this region one cannot sideline the ease of conveyance that exists in this region. The illustrious network of roads interconnecting townships and projects has been serving the cause of its residents leading to the spread of the region’s fair name in the investment market.  There are so many newly launched residential projects for example: Vatika turning point, Godrej Nature plus and Sobha city Gurgaon etc.

Take for instance Like, Kherki Daula Toll Plaza has been. It has been proposed that this toll plaza will be shifted beyond Manesar, which will be reducing the traveling time from new projects in Gurgaon to IGI Airport to less than 40 minutes.  Hence, the daily commute will become easier with the shifting of the toll plaza beyond Manesar.

At present, the region flaunts several ready-to-move-in apartments offered by some of the eminent builders and development firms like SS Group, Vatika, DLF, Raheja, Mapsko, Alpha G.Corp, and Ansal Housing.  Gurgaon new projects of Gurgaon have a delicate blend of commercial and residential projects offering enormous growth potential for retailers and shop owners.  To sum up, the area has all the amenities to support sustainable investment for buying and developing real estate or making a long-term commitment like leasing with development firms.

The cumulative effect of these factors is registering a healthy retail development along with residential units. Inhabitants of this area will be having the support of a robust infrastructure like schools, banks etc.  The area is offering apartments of 2, 3, and 4 BHK whose size varies between 900 to 2500 sq ft. The price of these apartments varies between Rs 2300 to 7200 sq ft. The average rate is around Rs 4911 per sq ft. Moreover, there are plenty of penthouses and plots in this area.  For potential investors, it could be advised not to make unwanted delays as the rates of apartments are going up with the passage of time. The fact could be attributed to the presence of clear visibility on some of the major residential projects in the region. In sharp contrast to the adjoining areas like Dwarka Expressway and Sohna Road, the rates of apartments are still lower.   Rates in New Gurgaon are quite similar to those found in the up market localities of Noida. If you are looking for economical investment options you can consider the outer areas like Sector 112, 113, and 114.

Over the last few months, the rates of apartments have undergone substantial rationalization and realtors and developers are keeping a bull’s eye view on New Gurgaon Sectors.  As a result, the rates have not been subjected to correction irrespective of oversupply in this area.  Most likely, the region will stabilize in rates at the existing levels.

Zvesta is a reliable real estate marketplace that offers an online platform for identifying and making attractive investments accessible. This company is duly committed to offering the best service to its customers. It believes in transparent business dealings and cherishes to get the long-term patronage of its esteemed clientele.

 

Products You May Like

Articles You May Like

Before & After House Flip | $52,000 Profit!
Beginner Real Estate Hacks to Investing Like a Boss with The Downing Brothers
[URGENT] 1 Creative Real Estate Investing Tip For New Real Estate Investors
When it pays to take a personal finance course
SOLD! Island Estates, Clearwater, FL, USA – We Sell Homes Faster and For More Money

Leave a Reply

Your email address will not be published. Required fields are marked *