New Gurgaon is a hot spot for residential real estate investment. It offers buyers affordable homes in a city that is surrounded by high-end facilities and amenities. The area is also expected to become one of the key markets for end-users in the future.
Several mixed-use projects are currently under construction in the region. The top projects include Ramprastha City and Signature Global City 81. These developments offer high-end living for corporates and millennials.
Sector 85 is one of the fastest-growing localities in New Gurgaon. Many working professionals are attracted to the area because of its close proximity to commercial hubs. Moreover, the area has excellent connectivity to the rest of the city.
Another major development in the region is the Dwarka Expressway. This 5-km-long highway connects New Gurgaon to Delhi and provides an alternate link to the city. The area is expected to see significant growth in the next few years.
The government is also planning to build the Rapid Rail Transit System (RRTS), which will pass through Kherki Daula. This will help reduce commute time from Delhi to the city. Similarly, the Delhi-Alwar Regional Rapid Transit System is in the works.
A large number of colleges, hospitals, school for rent in Gurgaon and other commercial facilities have been opened in the region. In addition, the region has become a destination for shopping. Some of the best retail brands are located here. And there are even five-star hotels.
New Gurgaon is also home to Cyber City, which is one of the most sought-after locations for the millennial generation. Besides, the city is a short distance away from the Indira Gandhi International Airport.
Here Are The Best New Gurgaon Projects
New Gurgaon is a developing micro-market consisting of newly developing sectors located on either side of NH-48 beyond the Kherki Daula Toll Plaza. It comprises several developing sectors ranging from Sector 76 to Sector 95 that you can explore in the new Gurgaon map. The micro-market is conveniently located near NH-48 between New Delhi and Manesar.
As a result, it has good existing connectivity with the rest of Gurgaon and New Delhi. Furthermore, the area is close to important locations such as Cyber City, Ambience Mall, Cyber Hub, Huda City Centre metro station, and others.
Away from the city’s hustle and bustle, the New Gurgaon project is a promising investment destination with a high residential supply and a good presence of social and retail infrastructure. Vatika Emilia Floors, DLF The Primus, DLF New Town Heights, Mapsko Casa Bella, Godrej Frontier, and Orris Aster Court are some of the prominent residential projects in the area.
The most important road providing widespread connectivity to New Gurgaon is NH-48. This road has improved the real estate prospects of this micro-market by providing easy access to Gurgaon’s prime retail and corporate hubs. NH-48 also connects New Gurgaon to the Southern Peripheral Road, which connects to Sohna Road and the Golf Course Extension Road.
Furthermore, the operational stretch of the Dwarka Expressway runs close to this area and will provide an alternative link to New Delhi once completed. The nearest railway station is 15-16 kilometres away, and the IGI Airport is 28-29 kilometres away. So, new properties in Gurgaon offer you a great opportunity for future investment.
Social And Retail Infrastructures In New Gurugram
New Gurgaon’s social and retail infrastructure is continuously growing. However, the area is well-served by schools, hospitals, clinics, and shopping malls. MatriKiran High School, Euro International School, Yaduvanshi International School, DPS Sector 84, CareOcity Multi Speciality Clinic, Medeor Hospital, Vatika Town Square Mall, and Sapphire 83 Mall are a few examples.
Furthermore, several of the housing complexes include shops to meet daily needs. New Gurgaon projects have experienced consistent real estate growth in recent years and are popular among both end users and investors.
NH-48 connects this micro-market to Sohna Road (12-15 km), Udyog Vihar (20-22 km), and Cyber City (22-23 km). All of these workplaces are within 30-40 minutes of the New Gurgaon sectors. Furthermore, this area is adjacent to Manesar’s major manufacturing hub.
Here Are a Few New Projects In Gurgaon For Sale
As you can find a number of new projects in Gurgaon where you can buy your own dream home. You can get ultra-luxury amenities inside these new Gurgaon projects, along with smooth connectivity throughout the NCR. New Gurugram, located in Haryana between Gurugram and Manesar, has emerged as an alternative real estate option for property seekers from Gurgaon and beyond.
New Gurugram, which includes Sectors 76-86, 89-93, and 82A, 88A, 89A, 95, and 95A, offers a variety of residential properties at lower prices than neighbouring Gurugram. Following high consumer demand, the area has also seen new launches of independent floors in the last one and a half years.
Many buyers and investors prefer New Gurugram because residential prices are still affordable in comparison to neighbouring Gurugram’s high-priced properties. As of H2 2022, the average property price in this area is INR 6,275 per sq. ft., compared to Sohna Road, where the average property price is around INR 6,920 per sq. ft.
- Sobha City Sector-108, Gurgaon
2,3,4 BHK Residential Apartment
- M3M Capital, Sector-113, Gurgaon
2, 3, 4 BHK Apartment
- Experion Windchants, Sector-112, Gurgaon
2, 3, 4, 5 BHK Apartment, 4 BHK Villa
- Bestech Altura, Sector-79, Gurgaon
3, 4 BHK Apartment
- Shapoorji Pallonji Joyville, Sector-102, Gurgaon
2, 3, 4 BHK Apartment
- Whiteland Blissville, Sector-76, Gurgaon
3 BHK Apartment
- Emaar Digihomes, Sector-62, Gurgaon
2 BHK Apartment
- Smart World Orchard, Sector-61, Gurgaon
2, 3 BHK Apartment
- Mahindra Luminare, Sector-59, Gurgaon
3, 4, 5 BHK Apartment
- SS The Leaf, Sector-85, Gurgaon
2, 3, 4, 5 BHK Apartment
Why New Gurugram Is The Most Promising Micro-Market In Delhi NCR
The proximity to major employment centres such as Delhi, Neemrana, Bhiwadi, and Manesar is a significant benefit. With over 37000 families already living there, New Gurugram has cutting-edge schools, hospitals, and shopping malls.
End-users and wise investors can anticipate a 10% price increase in the next 12 to 18 months. Infrastructure is rapidly evolving, such as the revamping of the Southern Peripheral Road (SPR), the Clover Leaf connecting New Gurgaon projects and the SPR, and the upcoming Regional Rapid Transit System.
New Gurugram also has the distinction of being the home of India’s most valuable IT companies. Entrepreneurial enterprises have reshaped the landscape with commendable tax breaks and government incentives to boost the MSME sector. Families want to live close to their workplace, which is fuelling the rising demand in the New Gurugram real estate sector.
The Millennium City Gurugram has emerged as a template for future cities and not just a real estate hub. As a bold and forward-thinking city, it is a strategic location with excellent connectivity. With the majority of India’s Fortune 500 companies based there, it is expected to become the country’s IT hub.
Future Prospects Of New Gurgaon
New Gurgaon will be Gurugram’s new nerve centre and sub-business district. This region has been dominated by IT and manufacturing companies, resulting in an explosion of residential hubs around these commercial developments, gentrifying the changing landscape.
In recent years, the most prestigious real estate developers have introduced offerings at all price points. New Gurugram has a home for everyone, from affordable apartments near Tech parks to luxurious gated condominiums with the best amenities in the world.
The investment opportunities in this area are diversifying as the next generation of homebuyers looks forward to making this place their home. So Gurgaon new project must be one of your dream homes because of its great connectivity and future prospect.
New Gurugram has thus become the toast of Delhi NCR, thanks to its unparalleled connectivity and world-class amenities. This area continues to be a magnet for families looking to own their dream home in the heart of Gurugram as the new engine of real estate growth in North India.
The meteoric rise in demand for property will continue to drive property price appreciation in the foreseeable future, making it a hotspot for the most coveted real estate projects.
The region has emerged as a potential hotspot for real estate investments, with a steadily rising demand for residential and commercial spaces in New Gurgaon. Furthermore, compared to micro-markets in Gurgaon, the properties here are still competitively priced. Explore the list of the five most popular sectors to invest in New Gurgaon for less than Rs 60 lakh.
Top Sectors To Invest In Residential Properties In New Gurgaon
1. Sector 95
Sector 95 is a desirable residential neighborhood that is well-connected to the rest of the city via the Dwarka Expressway, Western Peripheral Expressway, and NH-48. It is one of the fastest growing areas, with metro connectivity planned on the proposed line from Gurgaon railway station to Balwal. In addition, the sector receives canal water supply, which provides enormous relief to the residents.
The presence of reputable educational institutes, shopping malls, and entertainment venues has also created a compelling reason for residents to invest in residential properties. Signature Global Aspire, Ramsons Kshitij, and Sidhartha NCR Greens are some of the residential societies in this sector that offer properties for less than Rs 60 lakh.
2. Sector 89
This sector is located along the Dwarka Expressway, which is expected to reduce travel time between Gurgaon and Delhi while also establishing direct connectivity between Delhi and Manesar. Garhi Harsaru Junction Railway Station is approximately three kilometres away.
Furthermore, two major roads, the IMT Road and the Pataudi Road, provide excellent connectivity to this sector. Signature Global Proxima, MRG The Meridian, and Pareena Rama Homes are three projects in Sector 89, New Gurgaon, that are priced under Rs 60 lakh.
3. Sector 103
This is one of New Gurgaon’s fastest growing areas, attracting both buyers and real estate developers. It is off the Dwarka-Gurgaon Expressway, in a developing area that is also popular as a low-cost investment destination in Gurgaon.
The 150 m eight-lane motorway connects Dwarka to NH8 and is surrounded on both sides by a large green belt. Signature Global Grand IVA, Satya The Hermitage, Indiabulls Centrum Park, and Ansal Housing Highland Park are some of the housing projects available in this sector for less than Rs 60 lakh.
4. Sector 85
It is one of New Gurgaon’s fastest-growing areas. Sector 85 is easily accessible via the Delhi-Gurgaon Expressway and the Pataudi Road. Because of its proximity to the commercial hubs of IMT Manesar and Sohna Road, this sector attracts a large number of working professionals.
Furthermore, because of the presence of well-developed roads, frequent flyers travelling to IGI Airport from Delhi always find it easier to commute. Trehan Iris Broadway, Orris Aster Court, and Orris Carnation Residency are some of the residential societies in this sector that offer homes for less than Rs 60 lakh.
5. Sector 86
Sector 86 is one of the most desirable areas in New Gurgaon, which is rapidly expanding with a number of affordable housing developments. Its location near IMT Road and DLF Road provides excellent connectivity to the rest of the city.
Rapid residential and infrastructure developments, such as the Dwarka Expressway (5 km) and the upcoming Delhi-Alwar Regional Rapid Transit System (RRTS), are driving this sector’s rapid growth. GLS Avenue 86, Ansal Heights 86, and Pyramid Urban Homes 2 are some of the housing developments in this sector that are priced under Rs 60 lakh.
Conclusion
New Gurgaon, Haryana, has emerged as one of the top real estate destinations in the Delhi NCR, with annual price increases of more than 40%. Its growth can be attributed to its proximity to the interior sectors of Gurgaon, as well as its proximity to the IGI Airport, three highways – NH8, Kundli-Manesar-Palwal (KMP) Expressway, and Dwarka-Gurgaon Expressway.
Despite the increase, owning a home in New Gurgaon is still less expensive than in the developed districts of Gurgaon. Nearly 10% of New Gurgaon’s inventory is reasonably priced. To invest in New Gurgaon, one can find a plethora of residential options in Sectors 85, 86, 89, 95, and 103 for less than Rs 60 lakh.
