Today: June 29, 2017, 4:00 am
  
Business

NEW GURGAON - INVESTOR'S PARADISE

New Gurgaon near Dwarka Expressway is an investor's paradise and analysts highly recommend projects in this area.

 

PR-Inside.com: 2014-08-25 09:23:42
According to the recent report, properties in as many as 30 sectors of Gurgaon have appreciated by more than 100% in the last four years. Development activities in New Gurgaon have given a new lease of life to the real estate activities in Gurgaon, after the merger of master plans of Gurgaon and Manesar.
At present, New Gurgaon is home to the highest number of professionals per sq km in the country and also has the third highest per capita income.
Top notch realty players and promoters like SS Group, Ansal API, Unitech, DLF, Vatika among others, were the pioneers in identifying Gurgaon as a strategic location and establishing it as the hub for residential and commercial projects.
The new sectors of New Gurgaon, including Golf Course Extension Road, NH-8, Dwarka Expressway & a proposed ISBT project is also going to see planned and effective civic infrastructure. Wider roads, less congestion, more open spaces, and easy commuting due to access to NH-8 and Dwarka Expressway are other advantages of investing in Gurgaon and its peripheral areas. All these factors promise good returns and make New Gurgaon an ideal destination for investment.
Over the years, new realty sectors of Gurgaon have seen vast improvement in infrastructure with the development of new roads and highways like Dwarka Expressway, NH 8 and better connectivity through the launch of Metro and Rapid Metro.
With the presence of over fifty listed companies in Fortune 500 and a large presence of almost all Indian blue-chip companies, Gurgaon is now the corporate capital of northern India.
As employment opportunities and industries grow in Gurgaon, many HNIs and investors are choosing to shift over there. This is evident from one of the recent reports which said that the maximum demand in Gurgaon was registered for units worth Rs 1 to 2 crore, closely followed by properties worth Rs 60 to 100 lakh for the quarter ending June 2014.
The New Gurgaon micro market is located towards the western periphery of Gurgaon. It is composed of Sectors 81, 81 A, 82, 82 A, 83, 84, 85, 86, 88, 89, 90, 91, 92, 93, 94, and 95 and promises to deliver over 26,000 residential units.
According to Gurgaon-Manesar Master Plan, 2031, New Gurgaon has been zoned primarily for residential development purposes. Most of the project launches took place between 2009 and 2012.
In the primary market, a number of premium projects were launched including The Leaf by SS Group in Sector 85, Ansal Hub by Ansal Housing in Sector 83, Burman GSC by Burman Group in Sectror 82A etc.
SS Group in New Gurgaon is set to change the skyline of the Millennium City, offering new avenues of growth development. The group has diversified in Residential, Commercial projects with Brewery, Healthcare, Hospitality and Education.
New Gurgaon has grown and progressed beyond recognition over the last decade. It has Lofty skyscrapers and world-class townships define the skyline of the Delhi NCR's fastest growing satellite city.
A huge supply of quality residential & commercial real estate has helped the region grow fast, providing fresh minimum mass for the development of real estate in Gurgaon in the last couples of years.
New Gurgaon has nearly 48,000 units in the area, out of which over 3,100 apartments are getting ready for possession, with around 8,000 customers ready to move into SS Group City alone. SS Group is the largest developer in the region and is credited as the main driver of the development of Gurgaon. Its project, The Coralwood, is one of the most sought after projects in the New Gurgaon area. This gated township is located along with 85% green expanse. Located in close vicinity of the IGI airport, The Coralwood has the advantage of superb connectivity through the forthcoming Dwarka Gurgaon Expressway and NH8.
A host of new projects have been launched by SS Group in New Gurgaon along Dwarka Expressway & NH-8, connecting Gurgaon to Manesar.
Favored by both budget-home as well as premium-home developers, some of the recent launches in the premium segment in and around SS Group’s the Coralwood include The Leaf, A Almeria etc. This has attracted high net worth buyers and investors who seek capital appreciation opportunities.
Press Information
Property Point
F-32, Ground Floor, Sushant Lok-II, Near Hong-Kong Bazaar

Property Point

08882221009
email
www.ssgrouphibiscus2.in

Published by
Property Point
8882221009
e-mail
http://



# 680 Words
Related Articles
 
More From Business
Minerva Neurosciences Announces Pricing of Public Offering [..]
WALTHAM, Mass., June 28, 2017 (GLOBE NEWSWIRE) -- Minerva Neurosciences, Inc. (NASDAQ:NERV), a clinical-stage biopharmaceutical company, [..]
IPG Wins Top Honors at Cannes Festival [..]
IPG Agencies Lead the Industry Taking Home Seven Grand Prix McCann Worldgroup Awarded Six Grand Prix in Titanium, Outdoor, PR, [..]
Yandy.com Celebrates Baywatch Movie With Inspired-By Swim [..]
Yandy launches swim collection for domestic and international consumers PHOENIX, June 28, 2017 (GLOBE NEWSWIRE) -- Yandy.com, the [..]
Nasdaq's Directors Desk® and Boardvantage® to Introduce [..]
A Unique Collaboration between Nasdaq Corporate Solutions and the Center for Board Excellence NEW YORK and GREENSBORO, N.C., June [..]
Innovid and DoubleVerify Expand Brand Safety Capabilities [..]
New release of ad blocking technology delivers latest HTML5 solutions to marketers and protects against ad fraud during Flash [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.