The changing real estate market in Gurugram offers investors intriguing options in a variety of areas. In this post, we look at five hotspots that have strong investment potential due to their proximity to important amenities, forthcoming developments, and market trends.
1. Sectors 102 to 114: Delhi's Gateway Proximity: Sectors 102 to 114 are located close the Delhi border and provide quick access to the national capital.
Connectivity: The Dwarka Motorway, which runs parallel to NH 48, will improve connectivity, with an expected opening in Gurugram Packages 3 and 4.
Price Forecast: Residential spaces are currently priced between Rs 18000/- and Rs 20000/- per sq ft, with a 15% increase projected in 2024.
Sunil Choudhary, Founder of Kashish Group, says of forthcoming developments, "Residential and commercial areas will benefit from easy connectivity from west and south Delhi." Yashobhoomi and the proposed DDA IT Park in sectors 26, 27, and 28 will provide jobs in this area."
2. Sectors 82–90: Industrial Hub Integration Proximity to Manesar: These sectors are strategically aligned with the industrial district of Manesar.
"Upcoming commercial sectors (74A and 75A) are poised to attract multinational companies, creating job opportunities, and bolstering residential demand," says Pradeep Mishra, Founder of Homents Pvt Ltd.
Habitation and Infrastructure: Habitation is 60% complete, with 40% of social infrastructure completed.
Price Trends: Prices are now ranging between Rs 10000 and Rs 12000/- per sq ft, but are likely to climb to Rs 15000 to Rs 18000/- per sq ft in the near future.
3. Sectors 74–80: Green Living and Employment Opportunities
Green Spaces: Leopard Trail and golf courses offer inhabitants access to large green spaces.
Proximity to the Manesar industrial region and NH 48 improves accessibility to Delhi.
Commercial Development: Sectors 74A and 75A will create jobs, which will drive residential demand.
Prevailing rates vary from Rs 12000/- to Rs 18000/- per sq ft, with an annual return of 15-18% predicted in 2024.
4. Sector 66: Luxury Living and Connectivity Habitation: 65-70 percent habitation.
Connectivity: Strategically positioned near the Gurgaon-Sohna Highway and well-connected via Golf Course Extension Road.
Tau Devi Lal Biodiversity Park, Kingdom of Dreams, and prestigious educational institutions are among the recreational options.
Trends in the Market: "Developers are introducing super luxury apartments to meet growing demand, with a strong focus on rental opportunities," according to Mishra.
Prevailing rates vary from Rs 16000/- to Rs 17000/- per sq ft, with an annual return of 12- 15% predicted in 2024.
5. CPR Road: Central Peripheral Road Connectivity: Well-connected by Dwarka Motorway and NH 48.
HSIDC is now developing a worldwide city, with sectors 36A and global city likely to reap major benefits.
Price Prediction: Current prices range from Rs 18000 to Rs 20000/- per sq ft, with a 10% to 15% increase expected.
Job possibilities: Access to commercial hubs creates job possibilities and supports residential development.
Manish Jain, MD of Santur Group, emphasises the critical need of proposed metro connectivity in Sector 113, saying, "Proposed metro connectivity is much needed for this area." It would not only provide public transport but will also make it easier to travel between Delhi and Gurugram's commercial district."
Finally, with proactive projects, improved connectivity, and a mix of residential and commercial offers, these five Gurugram hotspots provide enticing investment opportunities. "Investors should, however, carefully consider the unique features of each area and align their investment strategies with the projected growth and development in the region," Mishra said.
