Here is why you can Invest in real estate of New Gurgaon in 2022?
High rises, a burgeoning infrastructure, quick urbanization, and economic success are all features of Gurgaon, also known as Gurugram. It is the country’s second-largest technological hub and third-largest center for banking and finance. The city’s real estate market is, nevertheless, close to saturation. The market has experienced some changes during the last two to three years. Gurgaon is working to recover from the consequences of RERA, GST, and demonetization, and demand will definitely go up soon. However, New Gurgaon is growing in popularity among buyers of real estate due to its abundance of homes and businesses, as well as its excellent accessibility to other parts of the National Capital Region.
Projects are being launched in Sectors 83, 82, 92, 95A, 91, and other areas by a number of leading real estate developers, including Emaar, M3M, DLF, and Vatika. Broad roadways are built for smooth connections. The neighbourhood is not crowded like many neighbourhoods in the central Gurgaon city. The Gurgaon-Faridabad metro is suggested to improve connection even more and relieve congestion in the area. The entire stretch is developing quickly, and initiatives here are more appealing to end customers. It takes under an hour to travel the 30 kilometers to the Indira Gandhi International airport.
The neighbouring Gurgaon railway station. The distance is only 15 kilometers. The Huda City Centre metro station is currently the closest metro station, located around 25 kilometers away. Because there are so many neighbouring business centers and IT hubs, there are excellent work options. About 15 kilometers separate Udyog Vihar from Cyber City. In 30 to 40 minutes, it’s simple to get to these locations. Due to its reasonable price, a buyer with a middle salary may easily purchase the house. It is a more appealing choice because it has essential facilities like hospitals, schools, restaurants, and grocery shops. MatriKiran High School, Euro International School, Yaduvanshi International School, and DPS Sector 84 are a few of the area’s well-known schools.
Many SMEs and start-ups choose it since commercial premises are also offered at reasonable pricing. Once the Delhi-Dwarka Expressway is open, the Kherki Daula Toll Plaza will be moved to Pachgaon. To improve communication, a short tunnel is being built to connect it to the motorway. Traffic congestion at this toll plaza is what led to this decision.
The proposed ISBT is adjacent to New Gurgaon. The Dwarka Expressway’s Sector-101 will soon have a new railroad station built by the Haryana government. On 25 acres of land, the railroad station will be constructed. The region is closely connected to Gurgaon’s developing Pataudi Road sector. New Gurgaon sectors are expected to reach Manesar in the Gurgaon-Manesar Urban Complex by 2025. A portion of New Gurgaon will ultimately move to Manesar, according to the development plan for the Gurgaon-Manesar Urban Complex-2025.