The real estate market of India, without any doubt, is suffering from considerable slowdown due to so many reasons. With realty prices going high, end users are planning for something that could maintain their budget. In this case. a fresh trend of affordable housing is emerging in Gurgaon and the other parts of Delhi NCR. A lot of of affordable housing products in around Rs12 lakh to Rs 23 lakh for an apartment, seizing one or two BHK, are coming up in the city.
Gurgaon Property has its name in the cities to lookout for luxury apartments. In the last few years, the town saw the improvement of apartments in the p[race range of Rs 35,00 to Rs 10,000 per sq ft. Also, the size used to be upwards of 18,00 sq ft, in most cases. The cheapest apartment unavailable in the city during this time was priced around nd Rs 60 lakh. This affected demand in residential realty market in Gurgaon. At the same time, most of the builders were into the construction of premium apartments that made oversupply, and now market is looking correction in prices. With capital value ranging approx in the Rs 5,000-8,000/sq ft in residential apartments such as Beverly Park 1 and 2, Garden Estate, Heritage city, etc, the cheapest apartment in this locality is available for around 1 crore. Golf course road also gained prominence with developers looking for large projects creating to the luxury and premium segment customers.
In fact, there has been a deluge of spree residential plans on the Golf Course Road, and this joined with broad roads leading to dynamic connectivity, large corporations wished to be established in this region. Golf Course Road thus earned the tag of “the address” in Gurgaon, with exclusive leisure projects such as Magnolias, Aralias, Central Park 1, Exotica being placed on this stretch.
To strengthen market and realty activities in the region, realty developers are now changed their mind, taking their projects on affordable housing segment in Properties in Gurgaon, as well as Bhiwadi andManesar.
Several projects have been announced on the Rajiv Chowk-Manesar stretch along NH-8 and Dwarka Expressway and Sohna Road. As places like Golf Course Road and MG Road started to immerse with realty improvement, growth stirred along Sohna Road and Dwarka Expressway. With the Gurgaon Manesar Masterplan 2031 also insisting on these new sectors and with infrastructural actions in the form of Metro, ISBT, KMP Expressway, Northern and Southern Periphery Road, a strong connectivity to other parts of Gurgaon and Delhi can be assured.
With their prices range from Rs.12.5 lakh to Rs.22 lakh, these apartments are not only attractive to end users, but also suitable for long-term investors. As Properties at Gurgaon develops and extends on this range come up, one can assume capital values to cherish in the long term.
Gurgaon Property has its name in the cities to lookout for luxury apartments. In the last few years, the town saw the improvement of apartments in the p[race range of Rs 35,00 to Rs 10,000 per sq ft. Also, the size used to be upwards of 18,00 sq ft, in most cases. The cheapest apartment unavailable in the city during this time was priced around nd Rs 60 lakh. This affected demand in residential realty market in Gurgaon. At the same time, most of the builders were into the construction of premium apartments that made oversupply, and now market is looking correction in prices. With capital value ranging approx in the Rs 5,000-8,000/sq ft in residential apartments such as Beverly Park 1 and 2, Garden Estate, Heritage city, etc, the cheapest apartment in this locality is available for around 1 crore. Golf course road also gained prominence with developers looking for large projects creating to the luxury and premium segment customers.
In fact, there has been a deluge of spree residential plans on the Golf Course Road, and this joined with broad roads leading to dynamic connectivity, large corporations wished to be established in this region. Golf Course Road thus earned the tag of “the address” in Gurgaon, with exclusive leisure projects such as Magnolias, Aralias, Central Park 1, Exotica being placed on this stretch.
To strengthen market and realty activities in the region, realty developers are now changed their mind, taking their projects on affordable housing segment in Properties in Gurgaon, as well as Bhiwadi andManesar.
Several projects have been announced on the Rajiv Chowk-Manesar stretch along NH-8 and Dwarka Expressway and Sohna Road. As places like Golf Course Road and MG Road started to immerse with realty improvement, growth stirred along Sohna Road and Dwarka Expressway. With the Gurgaon Manesar Masterplan 2031 also insisting on these new sectors and with infrastructural actions in the form of Metro, ISBT, KMP Expressway, Northern and Southern Periphery Road, a strong connectivity to other parts of Gurgaon and Delhi can be assured.
With their prices range from Rs.12.5 lakh to Rs.22 lakh, these apartments are not only attractive to end users, but also suitable for long-term investors. As Properties at Gurgaon develops and extends on this range come up, one can assume capital values to cherish in the long term.
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