New Gurgaon is an emerging micro-market developing sector beyond the Khedki Doula toll plaza on NH-48 situated on either side of the highway. This area includes several growing sectors from sector 76 to 95. This micro-market is well-placed between new Delhi and Manesar adjacent to NH-48.
New Gurgaon is a promising investment destination with a high residential supply and decent social and retail infrastructure presence. This region continues to remain the most prepared location for buying properties in the last few years.
Several factors favour this location: affordable price range, availability of a wide range of projects, and properties from flats to villas and independent floors and houses attracting both investors and end-users towards this location.
The biggest sign of relief for buyers is that the Kherki Daula toll plaza would be shifted within six months times. A metro rail line will also be built to Bawal via Manesar. The Haryana orbital rail corridor (HORC) will run from Palwal via Sohna, Manesar, and Kharkhouda to Sonipat, mainly following the western peripheral expressway. All these developments will further enhance the connectivity in this region.
Karan Kumar, CMO, Dlf limited, says, “The new infrastructure development has directly impacted real estate prices and demand. The announcements for new infrastructure projects here will help increase prices in parts of Gurugram, generate employment, and strengthen the local economy, growing demand and strong growth in residential commercial and industrial sector real estate have led to the growth of the micro-markets around Gurugram.”
Furthermore, the new Gurgaon comprises s a good mix of ready-to-move-in growth in and near-completion of residential projects. The area has widespread connectivity through the national highway 48 and Dwarka Expressway.
Key Features of New Gurgaon:
- Prime affordable residential destination in Gurugram comprises a good mix of ready-to-move-in and near-complication residential projects.
- Upcoming commercial hubs of small and medium enterprises and startups.
- Good connectivity through national highway 48 and Dwarka Expressway.
- Developing social infrastructure in the form of shopping complexes, schools, and hospitals.
Ashish Sarin, CEO alphacorp, said, “The announcement of toll shifting and metro rail project is a welcome step. The arrival of metro rail will boost connectivity to the new Gurgaon region as the proposed rapid rail will go through this route up to Alwar. Real estate developers in and around the proposed metro station will be excited about investments, and this will also attract potential homebuyers, property rates in the Manesar in New Gurgaon are set to increase, and consequently, Gurgaon real estate market will get a boost.”