Here connectivity is good. This sector has reputed schools and is a few minutes away from that particular location, etc. Are you tired of listening to all this? If yes, then stop taking advice from friends, family, or colleague, and check out this blog post that list best localities to invest in Gurgaon.
The location is home to various industrial hubs and commercial centers in Haryana State. Also, it shares border with Delhi, the national capital, and other regions of the National Capital Region (NCR). Also known as Gurugram, this place has become a dream destination for home buyers, as here one can enjoy life amid greenery, proximity to reputed educational establishments, office spaces, and seamless connectivity to Delhi-NCR. If you are looking for all these features, then scroll down the post and read more about the emerging residential areas of Gurgaon for property investments.
Gurgaon Residential Property Trend
The aspiring homebuyers are returning to the Gurgaon property market for closing deals. This development shows a positive outcome despite an escalation in circle rates by the Gurgaon civic body recently. There is a rise in demand for compact homes like 2/3 BHK and property buyers are also inclined to invest in luxury properties in Gurgaon. The major demand is witnessed for inventory close to Sohna Road, Golf Course Road, and Dwarka Expressway.
It is reported that the inventory dipped by 18% and homebuyers prefer ready-to-move-in properties. The uncertainty that rises due to Covid- 19 is the major reason behind the inclination toward ready to move properties. Keeping all these things in mind, here is a consolidated list of best localities to invest in Gurgaon.
Sector 92, Gurgaon
This locality falls under New Gurgaon and is a hotspot among homebuyers. In the past three years, property prices witnessed a hike of nearly 50 % in the span of the past three years. The current property price in Sector 92, Gurgaon, starts at Rs. 3,255/ sq.ft. Professionals working in Manesar Industrial Area and other nearby commercial hubs demand residential property in Sector 92, Gurgaon. The seamless connectivity to IMT Road, Pataudi Road, Western Peripheral Road, and NH-48 make Sector 92, Gurgaon, a premium residential address.
Sector 81, Gurgaon
It is an emerging residential locality in New Gurgaon as various commercial, IT/ITeS space, and office spaces are being developed here. The sector also has an upcoming residential project by DLF and offers quick connectivity from NH-48. These features make Sector 81, amongst best localities to invest in Gurgaon.
Sector 78, Gurgaon
This sector banks upon the Southern Peripheral road. The property prices in Sector 78, Gurgaon witnessed a rise in recent times. There are various upcoming and proposed projects in the locality as the area is developing at a fast pace. The majority of inventory here is inclined towards residential apartments in multistory gated communities. As per the real estate brokers the properties in Sector 78, Gurgaon are around Rs. 5,000 per sq.ft. However, some places here offer a deserted look as the area is under development.
Sector 62, Gurgaon
Sector 62, Gurgaon located on Golf Course Extension Road is witnessing capital appreciation for properties. The sector has three-side connectivity including Sohna-Gurgaon Road, Golf Course Road, and Gurgaon-Faridabad Road. This location is a mere 4 Km away from the Rapid Metro Station at Sector 56 and is home to various independent builder floors and residential apartments. All these things make Sector 62, Gurgaon one of thebest localities to invest in Gurgaon.
Nirvana County, Gurgaon
Unitech developed this community close to the Golf Course Extension Road. Nirvana County is recording huge demand for residential properties various commercial hubs are being developed and proposed close to this place. Also, Nirvana County offers a premium range of ready-to-move-in residential properties. The Gurgaon property market has witnessed an increase in demand for residential property by 25% here in the last couple of years.
Sector 68, Gurgaon
The sector is close to Gurgaon-Sohna Road and is experiencing a capital appreciation of over 12% in recent years. The residential homes currently value approximately Rs. 7,600 sq.ft. The strategic location of Sector 68, Gurgaon makes it amongst the best localities to invest in Gurgaon. This area is only 1 Km away from Golf Course Extension. The locality also enjoys seamless connectivity with Southern Peripheral Road.
Sector 104, Gurgram
Sector 104, is a rapidly growing residential property market in Gurgaon. The area is located at off Dwarka Expressway and shares close proximity to old Gurgaon and Gurgaon Railway Station. Sector 104, Gurgaon is proposed to have a metro station in the new metro expansion that will have a stretch from Huda City Center to Sector 23, Gurgaon. At present, the HUDA City Center is 10 km away from Sector 104.
Sector 99, Gurgaon
Sector 99, Gurugram is not densely populated however it has ample open spaces and lush green area. Home buyers in Gurgaon prefer to own 2BHK or residential plots in Sector 99, Gurgaon. The property prices witnessed an 18% hike in the last couple of years. The current property price in Sector 99, Gurgaon is Rs. 6,850 per sq. ft.
Sector 65, Gurgaon
Sector 65, Gurgaon is a premium residential area close to Golf Course Extension. The area is home to various luxury residential projects. An underpass is proposed to be built close to Vatika Chowk to ease the traffic movement. The project is mid-way for 3-4 years. Sector 65, Gurgaon has the demand for flats in high rise and 3 BHK apartments.
Sector 72, Gurgaon
Close to Southern Peripheral Road Sector 72, Gurgaon recorded a more than 18% rise in property prices. The current property rate in Sector 72, Gurgaon is Rs. 9,950 per sq. ft. and comprises 3/4 BHK apartments. This area earns brownie points for seamless connectivity, well-lit streets, proximity to schools, and a secure environment to live in. Hence, Sector 72, Gurgaon is among the best localities to invest in Gurgaon.
Conclusion
All these locations are the hotspot of Gurgaon for real estate investments. You can now live the dream of owning residential property in the plush location of Gurgaon.
