What does a person look for when buying a home? An ideal location, connectivity, accessibility, and neighbourhood. And so, everyone wants to buy property in New Gurgaon.
Perched between Gurugram and Manesar in Haryana, New Gurgaon is an emerging micro-market promising tremendous growth potential. It encompasses many developing sectors, including Sectors 76 to 86, 89 to 93 and Sectors 82A,88A, 89A, 95, and 95A. The urban planned city is connected by three highways- NH48, Dwarka-Gurgaon Expressway, and Kundli-Manesar-Palwal Expressway and bisected by the National Highway Pataudi Road.
Its physical, social, and retail infrastructure fuel its prospect of being the most sought-after real estate hub. If you are also contemplating buying a property in New Gurgaon, let us present five reasons to back your decision.
5 Reasons You Should Buy A Home in New Gurgaon
1. Connectivity
The strategic location of this planned city owes to its excellent connectivity. As mentioned, New Gurgaon is well connected to Gurugram and Delhi.
The most widespread connectivity is proffered by NH-48, which connects New Gurgaon to the most premium corporate and retail hubs of Gurgaon, including Cyber City, Cyber Hub, Huda City Centre Metro, Ambience Mall, etc. Furthermore, this road connects New Gurgaon to Southern Peripheral Road, which links to Sohna Road and Gold Course Extension Road. It also connects New Gurgaon to IGI Airport. The completion of the Dwarka Expressway (most likely to be ready in 2023) will further boost connectivity.
Industrial townships such as Dharuhera and Bhiwadi are only a 20-minute drive away, and IMT Manesar is just a 5-minute drive away from New Gurgaon.
2. Robust Social Infrastructure
New Gurgaon’s developing social and retail infrastructure is another reason to consider a real estate investment here.
Although it is still growing, the area already has leading schools, hospitals, and shopping arenas. Euro International School, MatriKiran High School, DPS Sector 84, Yaduvanshi International School, Medeor Hospital, Aman Hospital, Medanta Super Speciality Hospital, Apollo Miracle Hospital, CareOcity Multi Speciality Clinic, Sapphire 83 Mall, Sapphire 90 Mall, JMS Crosswalk, and Vatika Town Square Mall are all at a spitting distance.
3. Ready-To-Move-In Properties Available
No home hunter enjoys the long wait from buying a home to moving in. A homebuyer always looks for ready-to-move-in properties. It makes new Gurgaon, an ideal location for a real estate investment.
The location has many ready-to-move-in projects along with some near-to-completion projects. According to ANAROCK, currently, there are over 19,000 units readily available for sale in New Gurgaon.
4. Affordable Properties
Affordability is another reason to buy property in New Gurugram. The area has many luxurious yet affordable townships against the highly-priced properties of Gurugram and neighbouring areas.
As per H2 2022, the average property prices in Sohna Road are around INR 6,920 per sq. ft, whereas in New Gurgaon, the properties are available at only INR 6,275 per sq. ft.
Owing to the affordability, not only buyers, even investors prefer New Gurgaon. Hence, we can expect a boom in development in this area.
5. Excellent Growth Prospects
Research states that the average property rates in New Gurgaon have increased by 5% in the last four years. They are expected to appreciate even further in the coming few years. It makes up for a good reason to buy property in New Gurugram.
The ideal location, robust connectivity, accessibility, affordability, social and retail infrastructure, and availability of ready-to-move-in properties make New Gurgaon a delight for home hunters. Moreover, this ever-growing micro market encapsulates several other opportunities and benefits for potential home buyers and investors alike.
New Gurgaon is witnessing its prime at this moment, and the chances of another bout of exponential growth are bright. It is the perfect time to invest in a property in New Gurgaon.
If you want to buy property in New Gurgaon, contact YHATAW, the top property consultant in Gurgaon. Backed by a team of real estate experts, this property consultant will lead you to your dream home in New Gurgaon.
A real estate expert will help you navigate all the viable options and make an informed and fruitful decision.