Thursday, June 30th, 2022
CECR

New Gurgaon To Step Into Next Chapter Of Real Estate’s Growth Story

A series of infrastructure developments, improved connectivity, conducive government policies and initiatives from trusted developers are all set to make New Gurgaon as a realty hotspot in the Delhi-NCR region post COVID. New residential project launches would continue to dominate the realty market in 2021 and with major developments like an urban transit system including the Delhi-Faridabad metro link, construction of the ambitious Delhi-Mumbai Industrial Corridor, revamping of Southern Peripheral Road, the revival of green belts, among others, New Gurgaon is ready to create real estate’s growth story in 2021.

The region is surrounded by Delhi on one side and Neemrana (Rajasthan) on the other. Easier access to Delhi’s Indira Gandhi International Airport, New Delhi railway station, Huda City Centre metro station and better road connectivity with National Highway 8 along with expressways are responsible for real estate growth in the region. Furthermore, the regional rapid transit system, mass rapid transport system and orbital rail alongside the Kundli-Manesar Expressway will be a shot in the arm for connectivity.

The realty market is gradually recovering from the COVID and witnessing increased demand from buyers. The success of such projects can be gauged from the fact that India’s leading real estate developer DLF sold 376 ready-to-move-in luxury flats worth ₹700 crore of its latest offering – ‘The Ultima’ which is spread over 22 acres at New Gurgaon. 

Well-planned projects like DLF Gardencity include various residential offerings like The Skycourt, The Primus, New Town Heights and Regal Gardens that have emerged as ideal options and are attracting homebuyers in the region.

 

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