Buying a house in Gurgaon is a dream for many. The satellite city has proved its worth time and again as a real estate hub, an industrial hotspot, and a fast developing urban conurbation. So is it finally proven that Gurgaon scores the maximum points in comparison to its counterpart area of the national capital region? Let us find out what makes Gurgaon a promising real estate location.
The Perfect Blend of Extravagance and Buzz
Gurgaon is quite happening as a city. It is located at New Delhi’s shoulder and mostly houses Delhi-ites who have relocated in need of a better quality of life and bigger homes. Gurgaon initially started booming when the capital filled up and there was a dire need of residential space. New Delhi’s space crunch became NCR’s reason to rejoice. Today, the government of Haryana is working hard on developing the infrastructure of Gurgaon. There are also many private companies who have ventured forth and are constructing real estate projects all over the city. Soon you will spot the tallest skyscrapers, experience world-class luxuries, drive on the widest roads, and witness the ritziest hotels in this region. The area already boasts some of the plushest malls of Delhi NCR.
Gurgaon holds great potential for the recreational, business, hospitality and especially the residential sectors. Enormous amounts of private investment have been pouring into the region. One can sense the development with the six-lane highways, swanky condos, grand bungalows and luxurious apartments in group housing developments. To support high-end living, the place offers retail therapy through huge shopping malls and exquisite eating joints. What more reasons does one need to be drawn to a place? There are picturesque boulevards, leafy avenues, manicured gardens, golf courses and clubhouses. Wondering which sector to invest in? Let us take a closer look at the upcoming neighborhoods of Gurgaon.
The Upcoming Residential Areas
There are many attractive townships on Gurgaon’s Golf Course Road and Golf Course Extension Road. These localities offer new projects with freshly built homes that are waiting to be occupied. Alternatively, buyers can also consider the homes being resold. Properties on Golf Course Road are highly in demand for their new construction and state-of-the-art amenities. The area is linked to Sikandarpur Metro Station and MG Road Gurgaon. Development on Golf Course Road includes premium ventures like DLF The Crest, DLF The Magnolias, TDI Ourania, Emaar Palm Terraces, M3M Merlin, Emaar’s Emerald Floors and Freedom Park Life by BPTP. The commercial real estate of Golf Course Road includes DT Mega Mall and offices of Ernst & Young, Vertex, Dell, Genpact, Hewitt and American Express. The DLF Golf & Country Club makes the area one of the plushest housing localities of Gurgaon. Investors can explore apartments, independent houses, penthouse and villas.
Another coveted colony offering premium property is Golf Course Extension Road. It is well networked with Sohna Road and flaunts a rising number of developers are venturing this area for developing new housing projects. Property on Golf Course Ext. Road is presently available at affordable rates and offers potential to become the latest focus for luxury homes in Gurgaon.
This upcoming stretch has already made a mark for itself in a short span and offers connectivity to the IGI International Airport, which is merely 30 minutes away. It also provides access to NH 8 and South Delhi via the Gurgaon Faridabad Expressway. The growing desire for premier lifestyle residential segments and improving infrastructure have led to the development on this road. Real estate companies are now building golf-themed villas and apartments. For instance, major players as DLF have set up prestigious ventures like Belaire and Aralias.
Author bio: Being a prolific writer, Devika Arora is dedicated to studying the current property trends and compiling facts for the benefit of potential investors. Her articles and other write-ups analyze the realm of Indian real estate and its prospects. The above piece of work discusses about the real estate of Gurgaon.