With a steadily rising demand for residential and commercial spaces in New Gurgaon, the region has emerged as a potential hotspot for real estate investments. Moreover, the properties here are still competitively-priced compared to micro-markets in Gurgaon. 99acres brings to you a list of the five most popular sectors to invest in New Gurgaon within Rs 60 lakh.
Located in Haryana, New Gurgaon has emerged as one of the top real estate destinations in Delhi NCR, with over 40 percent annual price hike. Its growth can be attributed to seamless connectivity with the IGI Airport, three highways – NH8, Kundli-Manesar-Palwal (KMP) Expressway and Dwarka-Gurgaon Expressway, and proximity to interior sectors of Gurgaon. However, despite the hike, owning a home in New Gurgaon is relatively reasonable than the developed districts in Gurgaon. nearly 10 percent of inventory in New Gurgaon is affordably priced. One can find a plethora of residential options in Sectors 85, 86, 89, 95 and 103 to invest in New Gurgaon within Rs 60 lakh. (informations only.com)
Rajan Kumar Hans, Founder and Director, Prop Window, says, “Due to excellent connectivity and remarkable infrastructure, some sectors in New Gurgaon are growing at a faster pace than others, and attracting realty investors. Currently, a majority of the people are opting for 2 BHK units in the region. However, if you intend to earn high returns, a holding period of around five years would be best. Moreover, there is an equal mixture of ready-to-move and under-construction projects in the region.”
Popular sectors to invest in residential properties in New Gurgaon
Sector 95
Sector 95 is a prime residential locality and well-connected to other parts of the city via Dwarka Expressway, Western Peripheral Expressway and NH-48. It is one of the most rapidly developing areas with planned metro connectivity on the proposed line from Gurgaon railway station to Balwal. Also, the sector receives canal water supply, providing immense relief to the dwellers. Presence of reputed educational institutes, shopping complexes and entertainment avenues has further created a good reason for the residents to invest in residential properties. Some of the residential societies providing properties within Rs 60 lakh in this sector are Signature Global Aspire, Ramsons Kshitij, and Sidhartha NCR Greens.
Sector 89
This sector is located along Dwarka Expressway, which is expected to decrease the travelling time between Gurgaon and Delhi and establish direct connectivity between Delhi and Manesar. Garhi Harsaru Junction Railway Station is the nearest railway station at around three km. Moreover, there are two major roads, IMT Road and Pataudi Road that provide excellent connectivity to this sector. Some projects within Rs 60 lakh in Sector 89, New Gurgaon, are Signature Global Proxima, MRG The Meridian and Pareena Rama Homes. (informations only.com)
Property prices in popular sectors in New Gurgaon
| Sectors | Price per sq ft | YoY price appreciation |
| Sector 95 | Rs 5,000 | 22% |
| Sector 89 | Rs 5,200 | 13% |
| Sector 103 | Rs 5,900 | 9% |
| Sector 85 | Rs 7,200 | 40% |
| Sector 86 | Rs 6,200 | 7% |
Sector 103
This is one of the fastest developing areas of New Gurgaon that has attracted many buyers as well as real estate developers. It is located off the Dwarka-Gurgaon Expressway, a developing location also popular as an affordable investment destination in Gurgaon. The 150 m eight-lane expressway connects Dwarka to NH8, enclosed by an expansive green belt on both sides. Some of the housing projects available within Rs 60 lakh in this sector are Signature Global Grand IVA, Satya The Hermitage, Indiabulls Centrum Park and Ansal Housing Highland Park.
Sector 85
It is one of the fastest-growing areas of New Gurgaon. Sector 85 is easily accessible via eminent roadways, namely Delhi-Gurgaon Expressway and Pataudi Road. Owing to its proximity to the commercial hubs of IMT Manesar and Sohna Road, a good number of working professionals are attracted to this sector. Moreover, for frequent flyers travelling to IGI Airport from Delhi, it is always easier to commute due to the presence of well-developed roads. Some of the residential societies offering homes within Rs 60 lakh in this sector are Trehan Iris Broadway, Orris Aster Court and Orris Carnation Residency. (informations only.com)
Sector 86
Sector 86 is one of the most sought-after localities in New Gurgaon, which is rapidly expanding with several affordable housing developments. Lying in proximity to IMT Road and DLF Road, its connectivity to the rest of the city is excellent. The rapid residential and infrastructural developments, such as Dwarka Expressway (5 km) and the upcoming Delhi – Alwar Regional Rapid Transit System (RRTS) are reasons for the huge growth of this sector. Some of the housing developments within Rs 60 lakh in this sector are GLS Avenue 86, Ansal Heights 86 and Pyramid Urban Homes 2.
Owing to well-planned social infrastructure and massive real estate development, New Gurgaon is catapulting into an investor’s abode. However, thorough market research before finalising a deal would be prudent. (informations only.com)