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Home : About Gurgaon

Gurgaon at a Glance:

 

•   Gurgaon, popularly known as Millennium City, lies at around 35 km from Delhi. It is located in Gurgaon district in the Indian state of Haryana and is also included under the National Capital Region (NCR).

 

•   Gurgaon is primarily an investor-driven market. Factors like proximity to Delhi and international airport, availability of land parcels, employment opportunities, industrial development, favourable tax policies, etc. have paved way to real estate boom in the city.

 

  Gurgaon is currently a leading financial and industrial centre of India. It is a prime hub of multinational companies, software companies, telecom companies, call centres, shopping malls, multiplexes and skyscrapers. Gurgaon has emerged as the city with third highest per capita income in India.

 

   Gurgaon is also notable for its real estate growth, which brought in a spur in the entire economy. Many renowned real estate developers have set up their companies here.

 

Economic growth factors:

 

•  A large number of white-collar jobs have been created in Gurgaon after it emerged as a hub for IT and IT-enabled services in northern India.

 

•   Also, owing to its proximity to the national capital Delhi, several Fortune 500 firms opened their offices here, employing hundreds of high-income professionals.

 

   Under the new Gurgaon-Manesar Master Plan 2025, the availability of land for development and avenues for new growth corridors has opened up.

 

   The new master plan allocates 14,930 hectares of land for residential use; this is good enough for over 58 new sectors. Most of the new developments are taking place in these sectors.

 

•   The major growth corridors in new Gurgaon includes Golf Course extension Road, Sohna Road, Dwarka Expressway, Pataudi Road, Manesar, Jaipur Highway and a concentrated growth in Bhiwadi and Dharuhera. Around the NH-8, the sectors of New Gurgaon like 37, 37D, 80, 81, 82, 85, 86, 90, 92, 93, 95, 99, 102, 103, 104, 106, 107, 108, 109, 110, 111, 112, 113 and 114 are registering an incredible response.

 

   Many private builders are constructing Independent Builder floors in gurgaon very well aesthetically designed located in the prime DLF Phase-4, DLF Phase-1 and Sushant Lok-1. Conveniently located near to the commercial shopping complexes Supermart , most famous Galeria market & Shopping Mall.

 

Gurgaon Real Estate:

 

   One of the most premium destinations in New Gurgaon after Golf Course Road is Golf Course Extension Road, which has emerged as the main hub for the expansion and development of New Gurgaon. It connects Golf Course Road to Gurgaon - Sohna Road. The Golf Course Extension Road, which is relatively a new locality, is gaining prominence owing to its easy accessibility to NH-8 and South Delhi via the Gurgaon-Faridabad Expressway.

 

•  Most of the development along the Golf Course Extension Road took place in the very recent past. The Golf Course Extension Road includes new sectors like 61, 62, 65, 66, 67, etc. The extension of Golf Course Road to connect to Sohna Road further opened up the area for development.

 

•   Sohna Road is emerging as the next realty destination in Gurgaon and is currently witnessing good demand, with supply keeping pace. A proof of this lies in is the high number of transactions taking place in this area. Sohna Road Gurgaon is one of developed neighbourhood that is highly in demand for residential & commercial properties. Sohna Road Gurgaon is well connected to NH 8 & Golf Course Ext Road. South City II, Malibu Town & Uppals South End are oldest townships on Shona Road. All prestigious Real Estate Developers has their presence on Sohna Road.

 

  Given the increase in the number of companies operating out of Gurgaon and limited availability of mid-segment residences in Gurgaon and Delhi, Dwarka Expressway is emerging as an attractive alternate location for investment and/or end-use. The emergence of new micro markets such as Dwarka Expressway presents opportunities for both middle class and upper middle class buyers to invest in dwarka expressway projects for end use and capital gain in Gurgaon.

 

•  Builder Floors In Gurgaon are built on 270 - 500 Sq. Yds. Plots, 100% Vastu Compliant Floors with Lift. Consisting of Basement with Ground, First Floor & Second Floor. Highly efficient and open layout. Extraordinary contemporary architecture with mix of premium Italian marble & Wooden Floorings. Modular Kitchen with Granite Countertops. False ceilings with latest concealed lights. Balconies with glass railings.

 

•   Sohna popularly known as Greater Gurgaon is the next realty destination in NCR set to emerge as a premium residential –cum-industrial destination in near future and will feature housing societies, independent houses along with institutional and vocational institutes. Haryana Government intends to cater to the increase in population by planning new sectors near Sohna, Greater Gurgaon.

 

•  Many well known Developers are coming up with their affordable Residential projects in various sectors of Sohna (Greater Gurgaon).  Sohna (Greater Gurgaon) is located at 12 minute drive from Gurgaon.

 

   As these all sectors have a huge demand, prices are appreciating. Although still favoured by the budget homebuyers, these areas have also seen New residential and Commercial project launches in the premium segment by top realty players like DLF, Tata Housing, BPTP, Raheja Developers, Ramprastha, MGF EMAAR,M3M, Unitech, Ansal API, Central Park, Orris Infrastructure, Godrej, sidhartha and Sobha Developers among others. These premium segments have attracted high net worth buyers, and investors, looking for capital appreciation opportunities.

 

Ongoing Infrastructure Projects:

 

Project

 

Impact areas

 

Completion date

Dwarka Expressway or Northern Peripheral Road (NPR)

150 m-wide road connects Dwarka in New Delhi to Kherki Dhaula in Gurgaon.

March 2014 (Ongoing project)

 

Kundli-Manesar-Palwal Expressway(KMP Expressway) or Western Peripheral Expressway

Along its route, the 135 km long KMP express way passes through Manesar and intersects national highways 1, 10, 8 and 2.

2014 (Ongoing project)

Delhi-Mumbai Industrial Corridor (DMIC)

1,483 km-long mega infrastructure project between Delhi and Mumbai

Not Available as of now


 

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