From a small dusty village to a thriving mega city, New Gurgaon is emerging as one of the most-sought after destinations. There is plethora of reasons that contribute to the rapid growth of this area. Every year major real estate companies flock to this area with investment plans to reap the benefits of this phenomenal growth. Within short period of time, major developments are observed in New Gurgaon. Around 11 builders have put their efforts to develop this area as the next realty destination. Mentioned below are various reasons which make New Gurgaon attractive property destination in Delhi NCR:
New Gurgaon has huge real estate potential due to its close proximity to Manesar as well as developed Gurgaon. The presence of commercial development and organized retail, cyber parks, IT spaces, etc. and availability of good residential place makes it attractive location. Additionally, the presence of corporate and IT companies leads to employment generation which will in turn lead to huge demand for residential real estate supply.
Amidst rocketing prices of properties in Delhi NCR, New Gurgaon has given hope to homebuyers. The property price in main Gurgaon starts from 10,000 per square feet, whereas property price in this region is 4500 square feet. With half of existing prices of property in central Gurgaon, this area provides affordable homes.
New Gurgaon has good connectivity and proximity to IGI Airport, Delhi, as well as various other locations in Gurgaon which attracts buyers and investors. It is connected with major highways – NH- 8, Dwarka Expressway and Kundli-Manesar-Palwal Expressway. Dwarka Expressway, also known as Northern Peripheral Road, is eight-lane 18 KM, 150- meter wide road which will connect Dwarka with New Delhi and planned SEZs to NH 8 near KherkiDhaula.
Basic Infrastructure and Amenities
New Gurgaon provides well-established basic amenities and infrastructure. There are various educational institutions in close proximity of New Gurgaon including Ryan International School, GD Goenka World School, KR Mangalam University, JK Business School, Delhi Public School, and more. In addition to this, shopping malls, banks, hospitals, ATMs, et al. are there to meet essential requirements of day to day life.
In the end, New Gurgaon offers perfect blend of culture and modern era where people are migrating in large numbers looking for better standard of living.