Land for residential use has always been a popular investment option. It guarantees low risks, and because the costs are expected to rise over time, they are never out of trend. Here is a look at some of the most searched property in Gurgaon where you might want to invest in residential land. These locations provide a wide range of options, with site prices beginning at Rs 50,000 per square yard.
Investor's main concern while purchasing residential land is greater returns on their investment. However, location, social infrastructure, connection, and local amenities are the main determinants of returns in a given area. As a result, we have compiled a list of real estate in Gurgaon’s neighborhoods that closely follow the criteria mentioned. Among these are Dwarka Expressway, Golf Course Road, Southern Peripheral Road, and New Gurgaon.
New Gurgaon -
New Gurgaon is a developing area between Delhi and Manesar that is located next to National Highway (NH) 48. It includes Sectors 76 to 95 and is well connected to the KMP (Kundli, Manesar, Palwal) Expressway and the Dwarka Expressway. Manesar, Gurgaon's main industrial hub, is around eight kilometers away, which is a significant factor in the area's recent boom in investment activity. According to analytics, land values in New Gurgaon had jumped by almost 50% YoY in October- December 2021 and vary between Rs 70,000 and Rs 90,000 per sq yard. Some of the residential plot projects in the region include JMS Prime Land, BPTP Green Oaks, ROF Insignia Park, and DLF Gardencity.
New Gurgaon is a developing community, hence a strong civic infrastructure is under construction. The proposed metro extension from Delhi to Alwar will address the commutation problems of the residents.
Dwarka Expressway -
Delhi and Gurgaon are connected by the Dwarka Expressway. It offers a planned development of residential, business, and retail zones and benefits from being close to the IGI Airport. Udyog Vihar and Cyber City, two of Gurgaon's key corporate hubs, are about 20 minutes away from the sectors along the Upper Dwarka Expressway. The Dwarka Expressway, one of Delhi NCR's most significant connecting linkages, features plotted developments by eminent builders like BPTP Limited, Experion Developers, and Adani Realty. The most livable areas along the Dwarka Expressway, according to evaluations by previous and current residents, are Sectors 99, 102, 103, 105, and Rajendra Park.
Land values rose by more than 40% YoY and reached up to Rs 85,000 per sq yard in October-December 2021, due to which Dwarka Expressway has quickly developed into a desirable residential location. Residential land can range in size from 122 square yards to 1,200 square yards.
Southern Peripheral Road -
Southern Peripheral Road is a growing residential neighborhood that appeals to both buyers and investors. According to data analysis, land values in the area increased by about 80% YoY in the quarter ending in December 2021 and are now at Rs 1.25 lakh per square yard. The connectivity to the Gurugram-Faridabad Road, Golf Course Extension Road, NH-48, and Dwarka Expressway is the main element influencing the prices in Southern Peripheral Road. Additionally, major office hubs like Cyber City and Udyog Vihar are nearby. Among the planned development projects in the area are BPTP Green Oaks, DLF Alameda, and BPTP Astaire Gardens. While the plot sizes for both of the BPTP projects range from 55 to 333 square yards, the DLF project is a high-end development that offers plot sizes between 144 and 1,000 square yards.
Golf Course Road -
Property for sale in Gurgaon's Golf Course Road is a premium residential neighborhood close to corporate hubs like Cyber City, Suncity Business Park, and Time Tower. Another plus point for this area is its seamless connectivity to Delhi, Sohna Road, Faridabad, the Rapid Metro, and NH-48.“Given the strategic positioning and massive popularity, the average land rates along Golf Course Road have skyrocketed from Rs 1.3 lakh per sq yard in Q4 2020 to 1.8 lakh per sq yard in Q4 2021. It is a market best suited for elite investors willing to earn huge returns in the mid-to-long term.” says a property and real estate expert. The Indira Gandhi International (IGI) Airport is 30 minutes drive away from the region.
Sohna Road -
Sohna Road, which is currently being upgraded to a six-lane National Highway, is close to a number of office complexes and employment hubs. Although land prices in the area have recently increased, they are still less expensive than in other neighborhoods. The prices vary between Rs 52,000 per sq yard - Rs 55,000 per sq yard.
The decision-making of investors has been greatly influenced by a strong social infrastructure and excellent access to the NH-8, Golf Course Extension Road, Old Gurgaon, plots in Gurgaon, and Huda City Centre., A famous property dealer emphasized that the waterlogging caused by the construction of the expressway and the traffic congestion between Vatika Chowk and Subhash Chowk are important concerns. Some of the plotted development projects on Sohna Road with a significant amount of inventory for sale are Supertech Hill Estate, Lion Infra Green Valley, Pyramid Spring Valley, Paras Ekam Homes, Raheja Aranaya The Green City, and Malibu Towne.
If any person doesn’t have much budget to purchase a new property in Gurgaon but he/she having their own property then, in that case, many known builders have established the facility of collaboration as well as of construction in Delhi/NCR.
Shape my house -
It comes under The Shubham Group and had initiated the services of collaborations, construction, renovation, and interior designing on the existing plot or building, it recently completed 2 projects in DLF Phase -1 and DLF Phase -3 and currently, the value of each floor right now is somewhere between Rs.1.5 - 2 crores and further going it will be increased. You can opt to Shape my house for completing your dream project in the given time frame showing utter transparency in the work, putting the premium quality of material, and building trust.