Dwarka Expressway New Residential Project | Plots Near Dwarka Expressway Gurgaon
From being a tiny little agricultural village to a city with the third highest per capita income, Gurgaon has emerged into this destination that provides great connectivity and world-class infrastructure. Located in the National Capital Region (NCR) near New Delhi, Gurgaon is a home to a number of MNCs. The rapid employment growth in and around this area has forced individuals from other sectors to come hunt for jobs in Gurgaon there by seeing a sudden shift in the real estate industry here. Cashing in on the demand are the builders and investors who are coming up with a number of Dwarka Expressway New Residential Project. With BPO employees now hunting for apartments in Gurgaon, the city has been deemed to be expensive when it comes to housing.
According to recent reports, Gurgaon has witnessed a 25% rise in property prices and property developers are leaving no stone unturned to develop the skyline of this city. And with leading developers coming into the market, the city has soon become a residential hub. When corporate offices shifted their bases from Delhi to Gurgaon, the real estate industry was growing at a rapid speed. Sections that have benefited by these industrial establishments are MG Road, Golf Course Road, Sohna Road, Plots Near Dwarka Expressway Gurgaon and Sector 55, 56 and 84. A Dwarka Expressway Commercial Projects in areas like Dwarka Expressway and Cyber City could cost anywhere between Rs 7,500 to 12,300 per sq. ft.
According to the Gurgaon-Manesar Master Plan 2025, the city will have many real estate corridors that will give a severe push to the realty sector here. With a number of multi-national companies now forming its base here, the realty market here has been largely benefited. Targeting the urban crowd, the Millennium City has a number of shopping malls, golf courses and other entertainment arcades like multiplexes and restaurants. With proper infrastructure coming into place, Gurgaon has become the ultimate alternative destination for many IT employees. Providing great connectivity thanks to Rapid Metro and Delhi Metro, areas between the first phase running from Sikandarpur Metro station and Cyber City (that is operational) have developed at an unprecedented rate.
Luxury Apartment | 2 BHk On Dwarka Expressway
Apart from Sector 55 and 56, a number of luxury projects have mushroomed in Golf Course Road. Residential property can range anywhere between Rs 6,000 to 13,500 per sq. ft depending on the property type namely apartments or individual villas. A 2 BHk On Dwarka Expressway is currently priced between Rs 10,600 per sq. ft to Rs 13,800 per sq. Ft.
Gurgaon is a market that has always witnessed demand on both the residential real estate and commercial real estate fronts. Nick named the Millenium City, Gurgaon’s star rose when Maruti Suzuki set up its factory in the 1970s. Since then many other top companies have set up shop here, which in turn has led to the increase in demand for residential projects in Gurgaon.
Gurgaon is located in Haryana, and is situated 32kms from south west of Delhi. Though the demand for residential real estate such as apartments in Gurgaon has dropped, the prices have risen substantially state reports. Multiple projects have been delayed in this area, which has led to lower inventory. Gurgaon in fact has the highest absorption rate amongst all the metros and has the lowest unsold inventory.
Luxury Apartment On Dwarka Expressway cater largely to the luxury segment but there are projects which will suit all budget ranges. Apartments in Gurgaon which fall under the mid segment range will be priced between INR 4000 to INR 8000 per square feet. The Property Near Dwarka Expressway Gurgaon are priced anywhere between INR 8000 to INR 20000 per square feet. If you want to own a luxury property, you would easily have to shell out anywhere between INR 1 to 2 crores. Areas such as Pataudi, Dwarka Expressway, Sohna Road and Southern Peripheral Road, National Highway 8 are in demand in Gurgaon.
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