Popularly known as Millennium City and flanked by stunning skyscrapers, luxurious apartments and neon flashing malls, Gurgaon has been a surprise for all. Witnessing a rapid urbanization, Gurgaon has become a leading financial and industrial hub with the third highest per capita income in India. With its well-developed infrastructure, closeness to Delhi and Indira Gandhi International Airport, the demand of residential property is increasing in Gurgaon.
If you are one of those planning to own an address in Gurgaon, but are confused about the perfect location, here is the guide for you to understand Gurgaon localities.
1. New Gurgaon:
Marketed as an affordable housing destination for middle class, New Gurgaon is the current focus of real estate developers. The area is well-connected to three major expressways namely
National Highway 8
Dwarka- Gurgaon Expressway
Upcoming sectors –
Majority of Gurgaon’s under-construction projects are placed in this stretch with many available for possession as well. A large inventory of residential apartments in sectors 82 to 92 make New Gurgaon an attractive destination for investors.
2. Dwarka Expressway (Northern Peripheral Road):
Part of Gurgaon- Manesar Master Plan- 2031, Dwarka Expressway is 18 kilometers long and 150 meters wide. It starts from Dwarka while connecting Palam Vihar and ultimately extending to the NH 8. Sectors on this expressway can be divided into three segments. In the first segment there are sectors like 110, 110 A, 112, 113, 114 and 109. These lie close to Delhi and command a premium price. Sectors such as 107, 108 105, 106, 104, 103, 102, 102A lie in the middle of the expressway while sectors like 99, 99A, 37C, 37D, 36A, 88A, 88B, 84 and 83 will be close to NH8 and Golf Course Extension Road.
At present, the locality is not ready for end use, but if you are looking for long term real estate perspective (more than 3 years), then it could prove to be a good bet due to rising commercial set ups.
3. Southern Peripheral Road (SPR):
Southern Peripheral Road is 18 km long and 150 meters wide which will connect Golf Course Extension to National Highway 8 and intersecting Sohna Road at Badshahpur. Excellent connectivity to existing commercial hubs is the prime demand driver of this location. In addition, the area is expected to provide good connectivity to Delhi, and the adjoining areas, which has prompted property buyers to show acceptance of development prospects.
Not only residential, the area also holds potential for commercial development as Sectors 74 and 75 and the initial belt of Sector 71 and 73 are earmarked for commercial purposes.
4. Golf Course Extension Road:
Registering healthy capital appreciation across the table, Golf Course Extension Road is emerging as the new growth corridor in Gurgaon. Not priced as high as the neighbouring Golf Course Road, this region offers numerous apartment options for the upper mid section, moving up to the chain to luxury housing options as well. Sectors like –
Sector 67 etc.
-form a part of Golf Extension Road.
Due to its easy connectivity to South Delhi via Gurgaon- Faridabad Road, Sohna Road and Golf Course Road the area is gaining momentum among investors and end users. Also, the Rapid Metro connectivity till Golf Course Road act as further growth drivers for this corridor.