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The demand for residential real estate in Gurgaon is now rising significantly, with a number of up-and-coming micro-markets gaining popularity among both investors and purchasers.
Golf Course Extension Road, Dwarka Expressway, and Gurgaon’s sectors 77 and 76 have stood out among the others, drawing notice for their enticing investment options and bright future growth potential.
One of Gurgaon’s most sought-after residential micro-markets, Golf Course Extension Road, never fails to entice investors with its opulent offers and first-rate amenities.
Golf Course Extension Road: The Hub Of Estate Developers
Its prime position, well-developed social infrastructure, and proximity to important corporate centers have solidified its status as a top choice for individuals looking for high-end living environments.
Prominent real estate developers have made large investments in the area, including M3M India, Adani, Signature Global, Puri, Godrej, and Smartworld Developers. DLF Real Estate made its debut in this area last year with the opening of The Arbour, a high-end residential building.
Even though The Arbour was priced higher than average at about Rs 18,000 per square foot when it was first introduced, it sold out three days ahead of schedule.
Dwarka Expressway Become A Major Location For Infrastructural Development
These outstanding sales represented a return of interest and confidence in Gurgaon’s real estate market in addition to exceeding the average rate of the market.
With DLF having just paid Rs 825 crore for a 29-acre plot of land in Golf Course Extension, this market is booming once more. This is the year’s first big land deal.
Another Gurgaon hotspot, the Dwarka Expressway, has become a major regional center due to its strategic location and aggressive infrastructural development. The adjacent sectors have become hubs for residential growth due to the quick pace of urbanization and infrastructural developments along this thoroughfare.
Southern Peripheral Road Is Offering Modern Amenities With Strategic Location
These areas now offer a range of housing options, from luxury to affordable, and all of them are seamlessly connected to Delhi and other parts of the National Capital Region (NCR). The Gurgaon section of this expressway’s opening has further improved attitudes and raised demand in this area.
Sectors 77 and 76 along the Southern Peripheral Road (SPR) are other prospective micro markets. These areas are well-known for their carefully designed infrastructure, lush surroundings, and close access to commercial hubs, and they are now the center of interest in Gurgaon’s real estate market.
These areas have become popular destinations for those looking for a well-balanced mix of modern amenities and city advantages since so many new residential developments are available in them.
New Gurgaon The Hub Of High-Rise Projects
A number of developers, notably DLF, Emaar, Whiteland, and M3M, have made significant inroads into the region by leveraging its potential. With close access to major business districts such as DLF Corporate Greens, TCS, the soon-to-be Amex Campus, and designated commercial sectors covering around 385 acres (Sectors 75 and 74A), the area has a lot to offer in terms of facilities.
DLF’s debut of DLF Privana South, a posh high-rise project including sectors 76 and 77, is one of the company’s recent highlights. It is remarkable that in the 72 hours prior to the project’s formal debut, all 1,113 of the project’s opulent residential units were sold for a staggering Rs 7,200 crore.
Across 116 acres, DLF Privana South will be a component of the integrated township DLF Privana. The business intends to build DLF Privana along the same lines as DLF5. Other developers have revealed projects in this emerging region as a result of this remarkable success, which has reignited interest in the area.
Source-ET
