August 22, 2024 |
South of Gurgaon is an Excellent Location to Invest in Real Estate Owing to Its Location for Growth and Luxurious Way of Life
South of Gurgaon is emerging as one of the most favorable destinations for real estate investment. Due to its better connection via the Delhi-Mumbai Expressway & the government’s most significant and expensive infrastructure project, the southern part of Gurugram is emerging as a major destination for real estate investment. This southern area is home to Sohna Road, which has drawn an increasing number of developers and turned the area into a sought-after destination for premium real estate buys.
The region has played an important part in the real estate expansion, particularly in the residential sector, because of its proximity to the Sohna-Dausa section of the Delhi-Mumbai Expressway. This has significantly improved the area’s standing as an appealing location to invest with excellent potential for large returns, particularly in the luxury project market. The trend toward more expensive projects suggests that there is an increasing need for upscale housing options. Of the 5,452 newly launched residential units in Gurugram alone in H1 2024, 43% had prices of at least ₹5 crore. In response to this demand, developers have made significant contributions to the creation of high-end housing options, establishing South Gurgaon as a sought-after location that provides long-term value and excellent living.
Ravi Aggarwal, Co-founder & Managing Director, Signature Global (India) Ltd said, “The strategic location and rapid infrastructure development in and around South of Gurugram offers unmatched long-term value and quality living, making it highly attractive to homebuyers and investors. Its proximity to the Delhi-Mumbai Expressway enhances connectivity, further boosting its appeal. As developers focus on creating premium and mid-housing options, South of Gurugram continues to evolve, offering a blend of affordable, mid segment & luxury housing and abundant green spaces.
Ravi Aggarwal added, “Affluent buyers are gravitating towards South of Gurugram owing to the recalibration of their home-buying choices and the desire to invest in green homes and eco-friendly areas. South of Gurugram offers a unique combination of affordable luxury housing and abundant green spaces, creating an attractive environment for homebuyers. Further, the region’s excellent connectivity via the Delhi-Mumbai Expressway, coupled with other infrastructure marvels, positions South of Gurugram as a prime real estate destination. Hence, all these factors offer long-term investments and quality living to buyers and investors in the region.”
Additionally, the area enjoys exceptional access to a number of important thoroughfares, such as the Delhi-Meerut Expressway, the Delhi-Direct Noida flyway, the Delhi-Mumbai Expressway, the Kundli-Manesar-Palwal (KMP) Expressway, the NH-2 (Delhi-Agra), and the Jewar Airport link highway. Furthermore, the immaculate six-lane elevated Gurugram-Sohna corridor (NH-248A) provides easy access to major commercial, retail, and entertainment areas in Gurugram, which are only a fifteen-minute drive away. This is contributing to the natural growth of residential complexes in the area.
Kushagr Ansal, Director Ansal Housing said, “South Gurgaon is one of the promising and rapidly transforming areas in the NCR region. Its proximity to the Delhi-Meerut Expressway and other prominent hubs makes it an attractive location for residents and businesses in this area. Consequently, these factors collectively position South Gurgaon as a leading real estate destination, promising substantial returns on investment and a superior quality of life.”
Thus, investing in South Gurgaon, especially in upscale residential developments, offers selective homebuyers and investors a distinctive opportunity. The area’s advantageous connectivity, bolstered by the Delhi-Mumbai Expressway and other significant roads, has established it as an emerging hotspot for real estate growth. The notable increase in property values and rising interest in luxury homes highlight the region’s potential as a profitable investment location. As the region evolves, it promises a perfect combination of opulence, peace, and accessibility, making it an excellent option for those seeking to invest in a high-end lifestyle.
Source : Business News This Week
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