With Gurgaon keeping on expanding its frontier with abundant infrastructure, newer areas needed to be added to the ‘millennium city’ in order to evenly spread the development. This much needed thought has resulted in the formation of New Gurgaon. The two main clusters of New Gurgaon fall along the banks of the developing Dwarka-Gurgaon Expressway. These precisely include Sectors 102 to 113 and Sectors 76 to 95 which are mainly marketed as affordable and mid income housing area.
Now that the geography is very much clear, currently the relevance of properties in New Gurgaon should also be noted. The main highlight of New Gurgaon is the upcoming Southern Peripheral Road (SPR), positioned ideally to attract healthy development over the coming years. Further accelerating the realty prospects of New Gurgaon are the factors like availability of affordable properties and upswing of infrastructure growth. Altogether, New Gurgaon is emerging as one of the vibrant commercial and real estate hub of NCR.
Starting from the Kherki Daula toll plaza to the sectors till Manesar falling on the banks of highway, New Gurgaon encompasses nearly 100 residential projects which have delivered over 51,000 apartments. With the notable remark gained by the affordable houses in the region, New Gurgaon has now further pacing up in delivering mid-segment and premium housing, with comparatively lower prices.
Statistical analysis also supports the future perspectives of New Gurgaon that around 39,000 residential apartments are likely to be delivered over the next 3 years. Already many large township projects under renowned builders of NCR have been in progress in New Gurgaon, which will further underline its future prospects.
Ultimately, the moniker ‘New Gurgaon’ is the part of Gurgaon, which is been lately coined as one of the swishest NCR city creating the most employment opportunities. So New Gurgaon will be highly notable destination as it offers affordable properties so as to counter the expensive real estate market of Gurgaon.