Gurgaon being the commercial hub, the southern part of the city is turning out to residential hub soon. As 11 real estate developers Ashiana Homes, Ashiana Housing, Supertech, Central Park, Eldeco, ILD, CHD Developers, Silverglades, MKS Ventures, Gold Souk and Nimai Developers, have joined hands to promote Sohna, which now be called as South Gurgaon it has further boosted the real estate market of the region. “South Gurgaon, Within Reach” is the new slogan of real estate market in National Capital Region (NCR). Jointly coordination with state government, the aim is to create the region as infrastructure hub. Witnessing this promising change, South Gurgaon is attracting home buyers and commercial investors to invest on the region for future benefit.
The major benefit of South Gurgaon is its connectivity to the capital and nearby region. Tagged as the Millennium City of real estate, the improved social status and infrastructure, has turned this region as profitable investment.
Let us check what make South Gurgaon the next real estate hub:
- Already developed basic Infrastructure: The region has some already developed basic commercial infrastructure. This includes educational institutes like Ryan International School, KR Mangalam University, GD Goenka World School, DPS, JK Business School, etc., luxury hotels like Fortune, Park Plaza, Westin Resort, etc. healthcare centres like Max Hospital, Fortis Hospital all within the reach.
- Affordable Homes: With the launch of nearly 20 projects which comprises of 15,000 apartments. Each apartment is priced approx. 30 lakh, which is quite cheaper compared to other regions of Gurgaon and outskirts. “While the property price starts from Rs 10,000-12,000 per sq. ft. in central Gurgaon, in South of Gurgaon, houses are offered at a starting price of Rs 4,500 per sq. ft.,” said Mohit Arora Director Limited.
- Good Connectivity: The region has a good road and metro connectivity. One can reach this area bypassing Gurgaon once the road from Sector-63A comes up. Moreover, it is close proximity to the upcoming 1,483 km-long Delhi Mumbai Industrial Corridor and Kundli-Manesar-Palwal Expressway further boosting the connectivity. Adding to this, Metro Phase –III Extension is can further boost the real estate market.
- Promoting Green Environment: Being situated at the foothills of Aravali Hills, developers have decided to run Corporate Social Responsibility (CSR) for tree plantation across region.
Looking at the major change in infrastructure in South Gurgaon, the region is defiantly the right location to invest for real estate property.