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The vibrant real estate market in Gurugram offers investors encouraging prospects in a multitude of trades. Today we discuss five hotspots that have good investment potential based on their familiarity to important facilities, looming construction, and current market trends.
Sectors 102–114: Delhi’s Entry Point
Sectors 102 to 114 offer convenient access to the city located close to the border with Delhi. The areas connectivity is enhanced by the Dwarka Expressway, which runs parallel to NH 48 and is likely to open in Packages 3 and 4 in Gurugram.
Pricing Projection: The present pricing range for residential regions is between Rs 18000 and Rs 20000 per square foot, with a 15% increase predicted in 2024.
Future projects: Sunil Choudhary, Founder of Kashish Group, discusses the planned projects, saying that “easy connectivity from west and south Delhi will benefit residential and commercial areas.” Employment possibilities in this region will be provided by Yashobhoomi and the forthcoming DDA IT Park in sectors 26, 27, and 28.
Industrial Hub Integration, Sectors 82 to 90: Close to Manesar
These sectors are strategically oriented towards the Manesar industrial region.
Commercial Growth: As per Pradeep Mishra, Founder of Homents Pvt Ltd, “Upcoming commercial sectors (74A and 75A) are ready to attract multinational companies, creating job opportunities and boosting residential demand.”
Infrastructure and Habitation: 40% of social infrastructure is established, whereas 60% of habitat is in place. Prices are likely to grow from Rs. 10,000 to Rs. 12,000 per square foot to between Rs. 15,000 and Rs. 18,000 per square foot.
Green Living And Employment Opportunities In Sectors 74 To 80
Green Spaces: Residents have free access to large green areas via the Leopard Trail and golf facilities.
Connectivity: Being close to NH 48 and the Manesar industrial region makes getting to Delhi easier.
Commercial Development: The job creations in sectors 74A and 75A will increase demand for luxury homes.
Price Outlook: An annual return of 15–18% is anticipated in 2024, with normal rates ranging from Rs 12000 to Rs 18000 per square foot.
Sector 66: High-End Living And Networking: Between 65 And 70 Percent Of The Area Is Inhabited.
Connectivity: Golf Course Extension Road offers excellent connectivity, and the location is tactically close to the Gurgaon-Sohna Highway. Fun options include the Kingdom of Dreams, Tau Devi Lal Biodiversity Park, and prestigious educational institutions in the catchment area.
Market Dynamics: According to Mishra, “developers are introducing super luxury apartments with a strong focus on rental opportunities to meet growing demand.” Price Outlook: In 2024, an annual return of 12–15% is expected, with normal rates ranging from Rs 16000 to Rs 17000 per square foot.
CPR Road: Future Growth On Central Peripheral Road Connectivity: Well-Connected By Dwarka Expressway And NH 48.
Future Development: HSIDC is now working on a worldwide city development, which is projected to have a major positive impact on sectors 36A and global city project. Price Projection: With a projected growth of 10 to 15%, current costs per square foot range from Rs 18000 to Rs 20000.
Jobs: Having access to commercial centers promotes residential growth and creates work possibilities.
“Proposed metro connectivity is much needed for this area,” says Manish Jain, MD of Santur Group, emphasizing the critical need for it in Sector 113. In addition to offering public transportation, it will provide simple access between the business hub of Gurugram and Delhi.
In summary, these five Gurugram hotspots provide attractive investment prospects due to their proactive development, improved connectivity, and combination of residential and commercial offers. Nevertheless, Mishra advises investors to carefully weigh each area’s distinctive qualities and match their investment plans with the region’s anticipated growth and development.
Source-ET
