New Gurgaon is fast growing as a major residential zone in the National Capital Region (NCR) and there is growing commercial demand as well. Sectors which are located in close proximity to the National Highway are witnessing sizeable demand. People who are employed in offices located near the National Highway Toll Plaza choose New Gurgaon due to easy access to their offices. New Gurgaon also offers affordable property prices which is another reason for burgeoning demand. New Gurgaon is also witnessing the rapid development of social infrastructure like educational institutions and local markets.
New Gurgaon offers good connectivity to several areas via three major highways, namely the Kundli-Manesar-Palwal Expressway, National Highway 8 and the Dwarka-Gurgaon Expressway. Several real estate developers have projects located in New Gurgaon which have already been delivered or are nearing completion. New Gurgaon has come up as a major destination in Delhi-NCR for housing over the last few years.
The area is located strategically between Gurgaon, Manesar and Delhi and there is direct connectivity to the National Highway 8. There are several infrastructural developments boosting real estate markets here including the Dwarka Expressway, SPR (Southern Peripheral Road) and the KMP (Kundli-Manesar-Palwal) Expressway. The rates of occupancy should increase considerably in New Gurgaon due to these new infrastructural projects. There are several reputed educational institutions located nearby as well.
There is growing demand for office spaces and the commercial market has grown rapidly here. New Gurgaon is steadily being identified as one of the country’s topmost housing zones with immense potential for future growth. There are several ready to move in properties located in New Gurgaon and social amenities are also available aplenty here. There is naturally major demand for real estate here as per experts. The entire region should be a major growth driver for NCR real estate in the future as predicted by industry experts.
