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Real Estate Destinations With Assured Returns

by Himmatsingh

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Gurgaon today has become a dream destination for many people. Whether it is for good career opportunities, lavish lifestyle, world-class educational facilities, high-end residential apartments or secure investment options, city draws attention of millions of people.

This can easily be inferred from the growing population and growing demand of residential and commercial properties in the city. Realty market in the millennium city is setting new benchmarks with the socio-economic development. One can find various choices such as high-rise apartments, plots, independent houses, villas, penthouses, duplex and condominiums. Looking at the growing demand of new residential projects in Gurgaon, some new localities have emerged, and these are anticipated to work wonders in coming future. Both in terms on good returns and a comfortable life, these areas are anticipated to be the best localities. These are also called four quadrants of Gurgaon which include Dwarka Expressway, Central Gurgaon, New Gurgaon and Golf Course Extension Road.

Dwarka Expressway: This is also known as Northern Peripheral Road (NPR) and is expected to become one of the fastest growing realty destinations in National Capital Region (NCR). This area has great potential and one of the important reasons of this is proximity to Delhi and airport. Leading real estate builders such as DLF, IREO, Emaar MGF and Unitech have launched their luxurious residential projects in this area.  Current properties in gurgaon prices in this area are somewhere around Rs. 5000 to Rs. 7000 per square foot, which will go up only. Some of the projects on Dwarka Expressway include Puri Diplomatic Greens, Emaar MGF Greens, Emaar MGF Ekaantam and Ansal Highland Park.

New Gurgaon: Sectors that come in new Gurgaon include Sector 80-82, 84, 85-87, 90, 91, 92, 93 and 95 and these newly developed areas are getting great response. One factor that is drawing attention of investors and developers is proposal of Haryana Urban Development Authority (HUDA) to allow developers do the sector roads. Some of the prominent projects in this area include AnsalFernhill, Park View Ananda by Bestech and Alpha Gurgaon One. Current property prices here vary between somewhere around Rs. 6000 per square foot to Rs. 12000 per square foot which are expected to go high further.

Central Gurgaon: This is a well-developed locality in Gurgaon. With a mix development of commercial and residential project this area makes a perfect residential location. SushantLok is the landmark of this area. Some of the projects in this area include Unitech Harmony, AppuGhar and BPTP Freedom Park Life. As far as prices are concerned these vary between Rs. 5500 per square foot to Rs. 7000 per square foot.

Golf Course Extension Road:This road is extension of Golf Course Road, which was developed to connect Golf Course Road to Sohna Road. This stretch is known for the high-end residential projects and commercial projects. It is located just at a half an hour’s distance from IGI airport. Current property prices in this locality vary between nearly Rs. 7000 to 8000 per square foot. Prominent residential and commercial projects here include IREO Victory Valley, Brahma City and Unitech Commercial Centre.

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