Gurgaon has seen tremendous development and has seen the highest price appreciations in Delhi NCR. It has been prime business location in National Capital Region. MG Road, Golf Course Road, Cyber city are the prime business locations. Manesar on outskirts of city is also emerging as new office and residential destination. Gurgaon has approx 25,000 ready flats and 30,000 more flats will be ready in next 3 years. Golf Course Road the most prime location. MNCs like American Express, Dell have already set up their offices here. The location has already existing residential colonies mostly by DLF Ltd. Other projects by national repute builders like Emaar MGF, Parsvnath, ABW Infrastructure Ltd. and Salujas Const. Ltd. Price for new residential properties varies from Rs.6000-9000/sq. ft.

Sohna Road is another hot location where townships & big projects are being developed by reputed builders like Eldeco, Unitech, Vipul, Orchid, Jmd, Bestech India, Spaze Group etc. The location has great potential to invest in. Prices are ranging from Rs.2700 to 7300/sq. ft. for new residential projects.
National Highway 8, connecting Delhi to Jaipur via Gurgaon. New developments, DLF Express Greens, Unitech Karma Lake Lands and Uppal Canary Residency are developing near IMT stretch and the premium project Caitriona by Ambience near toll bridge. Prices are ranging from Rs.2250 to 12500 along these stretches for new residential developments.Sector 108, 109 is new developing area located along Northern Periphery Road coming from Dwarka, Delhi. Raheja Developers Pvt. Ltd. has largely occupied land here and developing residential projects Raheja Atharva, Raheja Shilas and Raheja Vedaanta. These projects are offering residential apartments in the range of Rs.2875 to 3050/sq. ft.
Sector 37C-37D is a good area and will soon have good occupancy as located near old Gurgaon. Residential projects Park Serene by BPTP and Taksila Heights by Piedmont Development Company Pvt. Ltd. will be ready in next 2, 3 years. Apartment prices are ranging from Rs.2300 to 2400/sq. ft. here. Sector 50-65 are developing very rapidly. There has been huge development in these sectors in last couple of years. Residential projects such as BPTP Freedom Park Life, Emerald Hills, The Hibiscus, M2K Spring Floors, Princeton Floors, The Legend, The Pioneer Park Apartment are offering options in residential to invest. Prices are ranging from Rs.3250-5700/sq. ft. in these projects.
Sector 82-95 are new areas near IMT Manesar, also known as Greater Gurgaon. Real estate activities have recently started here and some builder have already launched their projects here and many are in pipeline. Residential projects Casa Bella, New Town Heights, Pal’s City Park, Tulip Ace, Rajeha Novodaya, Vatika India Next etc. are being developed here and are claimed to be ready by year 2012. Prices are varying from Rs. 2150-3500/sq. ft..

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December 4th, 2009
nasir
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