Hey! If you have to name one city that has the potential to be a global city, it’s surely Gurgaon (Gurugram). The city has attracted business giants, industries and entrepreneurs owing to its planned location and close proximity to the National Capital Region (NCR). Furthermore, the city has evolved into a world-class city. Additionally, it has become an asset magnet for homebuyers and investors. The city is the foremost choice for high-end corporate offices. This is primarily because of its admirable location, well turned-out infrastructure and healthy investment opportunities. Gurgaon offers a myriad of residential options. If you are still wondering as to why investing in Gurgaon property is a great idea; let’s consider.
Investing in Gurgaon Property: Cost of Living
If you are looking to live a lavish life or an average family living on a budget, Gurgaon has option for all. If you are looking for a luxurious standard of living with all the comforts; a property in Gurgaon would cost you minimum 1 cr besides tax. While an average family living on a budget can manage it within 35-45 lakhs. As per real estate experts Gurgaon will come up with affordable housing as a lot of projects are being launched in the city.
Investing in Gurgaon Property: What Are The Best Areas
1. Dwarka Expressway
Dwarka Expressway, is undeniably one of the most hunted locations in Gurgaon. The 27.6 kms extended road serves as an alternate connector between Delhi and Gurgaon. 99, 100, 101, 102, 103, 104, 109, 110A, 111, 112 and 113 are some of the most favoured residential locations. The first-rate connectivity, good social infrastructure makes the area the most preferred choice for real estate investment.
2. Sohna Road
Sohna Road, Gurgaon is well-connected to prominent corporate and business hubs and industrial zones. The area has easy access with Gurgaon Railway Station, IGI Airport and Huda City Centre Metro. The area is truly affordable. Attractive returns have fuelled residential investment in the area. Many eminent developers have come up with reasonably priced apartments, villas and penthouses here.
3. Investing in Gurgaon Property: Golf Course Extension Road
The Golf Course Extension Road is a lucrative investment option. Besides, it is the favoured location for those looking to live close to high-class areas of Phase 1, Phase 2 and Phase 5. Most importantly, the area is well-connected to Cyber City and corporate parks on Golf Course Road through Rapid metro. The place is just 27 kms away from IGI airport. The Golf Course Extension Road property prices have seen an uptick in the recent years. There are a large number of residential projects for all walks of life.
4. New Gurgaon
This area is strategically sited between Delhi and Manesar. Most importantly, New Gurgaon is a speedily developing real estate destination. Furthermore, with some of the high-up colleges like Amity University, GD Goenka and BML Munjal University, Amity University and direct connectivity to NH-8 the area creates a great ecosystem for investment. Besides, the region has a good green cover and is fairly peaceful than the rest of Gurgaon. Hence, if you are looking to respite from the hustle and bustle of the central city; New Gurgaon can be your choice to invest.
To Sum up
Excellent infrastructure, outstanding connectivity, high return on investment and high standard of living are some of the top reasons that make Gurgaon a cake with a cherry topping for investors. Property in Gurgaon is in high demand. Understand your requirement, consider your budget and invest.
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