There was a time when Delhi could not accommodate it’s growing population and had to expand towards the South of Delhi. As we know it South Delhi is considered one of the poshest areas of the city and continues to be an address of pride for people living in any locality in South Delhi. The same is now happening with Gurgaon.
Gurgaon has been the hub for Corporates and Industries for a long time. This has lead to millions of people moving into the city. With the highest per capita income, Gurgaon is the most prosperous city of North India.
To cater to the growing population, Gurgaon is expanding in all directions possible.
- Sohna Road (now known as South Gurgaon)
- New Gurgaon
- Dwarka Expressway
Of these locations, Sohna Road is proving to be a favorite among buyers and investors equally. It is officially termed as “South Gurgaon”. Starting from Vatika Chowk, right after village Badshahpur, the entire stretch till Sohna is now known as South Gurgaon.
All reputed builders have their presence on this stretch already or are in the process of setting up their residential or commercial properties.
Educational Hub:
There are already reputed educational institutes already present in South Gurgaon. To name a few, GD Goenka, Ryan International, Ryan International, DPS, J.K. Business school, St. Xavier, K.R.Mangalam University and Ansal University. Families are flocking to this place as it provides premium educational opportunities for the children.
Hospitals / Hospitality :
Fortis, Max, and Medicity currently provide medical facilities to the residents. Luxury hotels are present to cater to corporate travelers, such as Fortune, Park Plaza, and Westin Resort.
Connectivity:
Well connected to the arterial roads of Gurgaon: Golf Course Extension Rd, Southern Peripheral Road (CPR), NH8, Dwarka Expressway. All within the vicinity ensure smooth movement across locations. South Gurgaon is also in close proximity to the Kundli -Manesar– Palwal (KMP) expressway and Delhi Mumbai Freight Corridor (DMCI). Sohna Road is already being expanded into a 6 lane National Highway status road.
Affordable :
Real Estate Prices in South Gurgaon are very low in comparison to other locations of Gurgaon. This makes it an affordable investment for buyers and investors, who understand that this is the right time to invest before property rates begin to shoot up. The prices have already seen a hike of 15% over the last 12 months in this area.
More than half of the Fortune 500 companies have Gurgaon as their destination. With the shortage of space, affordable properties of South Gurgaon are attracting these large Corporates already.
Greenery :
South Gurgaon is a nature lover’s destination. With sprawling greenery all across the area, it has been an attraction to adventure seekers as well as for leisure weekends. Some attractions that have been here for long are Damdama Lake and sulfur springs of Sohna which are known for their medicinal purposes. As per the plan, it would maintain the greenery of more than 2500 acres in the future as well.
Commercial presence:
There is a huge demand in the coming times to cater to the commercial needs of the residents of South Gurgaon. Builders have realized it and are in the process of setting up new commercials across the stretch. Elan builders are one of the first to have recognized the opportunity and began working on their commercial project “Elan Town Centre”. This commercial has signed up one of the biggest Cinema brands PVR. There is a 4 screen multiplex apart from Retails, Showrooms, ATM, food court and other entertainment facilities. While there are other commercials coming up in the area, Elan is bound to maintain a monopoly with the brands that it has captured early on.
As the popularity grows, it is continually attracting more and more investors and buyers who are availing the benefits of purchasing property in the South Gurgaon. That is giving a boost to the real estate valuation of the area. So this is the right time to invest, whether you are a buyer or investor.