sector 68 is one of the localities in Gurgaon city in haryana. gurgaon is a part of ncr – delhi, making it a satellite city of delhi. the city is located on the delhi haryana border with new delhi towards its north-east. it is india’s second largest information technology hub and third largest financial and banking hub. sector 68 has close proximity to retail and commercial centers in gurgaon like Sector 48, 49, 47, 50.
in terms of property, most of the projects are residential development – multi-storey apartments, flats, condominiums and high rise buildings. some of the prominent residential projects in this locality are- supertech hues, m3m sierra 68, ocus 24k, supertech scarlet suites and mahira homes. the market value of a 2bhk is around inr 80 lacs- 1 crore which account for about 35 % of the properties in this area. some properties are available for inr 60 lacs- 80 lacs for the same room setting. approximately, 63 % of the sales are 2 bhk apartments and about 85 % of the properties are multistorey apartments. as for rentals, the price range starts from inr 20k- 25k and goes up to inr 25k- 30k. 2 bhk is the most popular room configuration.
key highlights
gurgaon is home to many of india’s largest companies which means that real estate will always be valuable.
maruti suzuki established a manufacturing plant here in the 1970s and that kick started the boom of industries and companies in gurgaon.
it is one of the prime industrial, technological and financial hubs of modern-day india.
what’s great
sector 68 is one of the emerging localities of gurgaon with close proximity to other popular localities like sector 46, 47, 49 etc.
there are multiple corporate hubs within a 5 km radius like bestech business tower, iris tech park, candor techspace, etc.
what’s not great
the notorious delhi pollution and air quality is one problem that this locality faces.
sector 68 has the potential to become a real gold mine in terms of property value and real estate, with multiple housing projects on the way to completion, it is on its way to become a hub of upscale residential properties.
property rising factor
short term: with numerous residential projects like supertech hues, m3m sierra 68, ocus 24k, mahira homes, in the pipeline, buyers and investors would be on the lookout for acquiring properties in any of these places. it predicts an increase in market value in the near future.
long term: gurgaon being one of largest financial, technological and industrial hub of india, property market will be a competitive one. long term investments look really beneficial for buyers and investors as well as end term users.
social infrastructure: gurgaon and its component sectors have a mixed demographic with longtime residents as well as people moving in from various parts of india to live here for its proximity to the various commercial and industrial spaces located there. it has facilities for schools, institutions, hospitals, shopping malls, parks and a variety of basic amenities.
aria mall, sector 68
lifestyle stores sector 68
shiv complex
marks and spencers
westside stores
health care centers
kiran memorial hospital, sector 68
shastri dental hospital
gurugram hospital, sector 66
kamla clinic
national highway 48 which links mumbai and delhi alos links gurgaon, besides the kherki dhaula expressway is also another road that connects delhi and all sectors of gurgaon.
there is the rapid metro line which connects 11 places of gurgaon to the yellow line metro of delhi at sikandarpur metro station.
indian northern railway operates the gurgaon railway station and it connects gurgaon and its constituent sectors to other parts of the state as well as rest of india.
bus nos 111b and 218 have transit lines that pass near sector 68, gurgaon.
schools
dps public school, sector 66
government boys primary school
rajkiya bal prathmik pathshala
ssr academy
synergic nursing instuitute
bank
the gurgaon central co-operation bank limited
icici bank
central bank of india, sector 68
fitness center
the women power gym
fitness world gym
sports fitness gym
leisure valley park is one of the prime landmarks in all of gurgaon, it is a half hour away from sector 68 at 12 kms.
micro market analysis
capital and rental analysis: both rental and purchasable properties are available at sector 68, gurgaon. market critics suggest that buying, investing in properties in gurgaon area will always be beneficial owing to various factors as mentioned above.
scope of growth: the indian government recently hiked the circle rates in gurgaon by 88% applicable from 8th april 2021, this means a rise in the property in the micro market. the property market has huge investment opportunities here since the rates keep growing at a rapid rate.
investment opportunities: there are ample number of options for people looking to invest in property in sector 68, lots of completed projects as well as on going residential project activities suggest a good scope for investment.
Sales Transactions |
323 |
Gross Sales Value |
₹ 135 Cr. |
Current Rate/Sq.ft |
₹ 7,451 |
Rental Rate/Sq.Ft |
₹ 29.38 |
Configurations | Area Range(in Sq.Ft.) | Price Range |
---|---|---|
1 BHK | 600-750 | ₹ 17,300 - 21,600 |
2 BHK | 1180-1330 | ₹ 33,900 - 38,300 |
2.5 BHK | 1350-1507 | ₹ 38,800 - 43,300 |
3 BHK | 1450-1746 | ₹ 41,700 - 50,200 |
3.5 BHK | 1999-1999 | ₹ 57,500 - 57,500 |
4 BHK | 1920-2200 | ₹ 55,200 - 63,300 |
5 BHK | 1920-1920 | ₹ 55,200 - 55,200 |
Studio | 674-900 | ₹ 19,400 - 25,900 |
Project | Transactions | Current Price | Price Change |
---|---|---|---|
M3M Natura | 16 | ₹ 7,124 | -₹ 113 |
M3M Sierra | 14 | ₹ 8,096 | +₹ 1,227 |
M3M Marina | 11 | ₹ 7,408 | +₹ 1,274 |
Pareena Micasa | 10 | ₹ 6,357 | -₹ 685 |
M3M Flora 68 | 6 | ₹ 8,072 | +₹ 406 |
Project | Sale Value | Current Price | Price Change |
---|---|---|---|
M3M Sierra | ₹ 15 Cr. | ₹ 8,096 | +₹ 1,227 |
M3M Natura | ₹ 13 Cr. | ₹ 7,124 | -₹ 113 |
M3M Marina | ₹ 12 Cr. | ₹ 7,408 | +₹ 1,274 |
Pareena Micasa | ₹ 9 Cr. | ₹ 6,357 | -₹ 685 |
M3M Flora 68 | ₹ 7 Cr. | ₹ 8,072 | +₹ 406 |
Developer Name | Transactions |
---|---|
Pareena Infrastructures | 248 |
M3M | 47 |
Pareena Infrastructure | 26 |
Project | Transactions | Current Price | Price Change |
---|---|---|---|
M3M Marina | 11 | ₹ 7,408 | +₹ 1,274 |
M3M Sierra | 14 | ₹ 8,096 | +₹ 1,227 |
M3M Flora 68 | 6 | ₹ 8,072 | +₹ 406 |
M3M Natura | 16 | ₹ 7,124 | -₹ 113 |
Pareena Micasa | 10 | ₹ 6,357 | -₹ 685 |
Project | Gross Value |
---|---|
M3M Marina | ₹ 2 Cr. |
M3M Flora 68 | ₹ 2 Cr. |
M3M Natura | ₹ 2 Cr. |
M3M Sierra | ₹ 2 Cr. |
Pareena Micasa | ₹ 2 Cr. |
Project | Current Price |
---|---|
M3M Sierra | ₹ 8,096 |
M3M Flora 68 | ₹ 8,072 |
Ocus 24K | ₹ 7,651 |
M3M Marina | ₹ 7,408 |
M3M Natura | ₹ 7,124 |
Pareena Micasa | ₹ 6,357 |
Property Type |
Enquiries |
|
---|---|---|
Apartment
|
98%
|
BHK |
Enquiries |
|
---|---|---|
2 BHK
|
61%
|
|
2.5 BHK
|
6%
|
|
3 BHK
|
24%
|
|
3.5 BHK
|
3%
|
|
4 BHK
|
2%
|
Budget |
Enquiries |
|
---|---|---|
Below 50 L
|
9%
|
|
50 L - 2 Cr.
|
86%
|
|
2 Cr. - 5 Cr.
|
3%
|
Property Type |
Enquiries |
|
---|---|---|
Apartment
|
98%
|
BHK |
Enquiries |
|
---|---|---|
2 BHK
|
58%
|
|
2.5 BHK
|
4%
|
|
3 BHK
|
29%
|
|
3.5 BHK
|
3%
|
|
4 BHK
|
2%
|
Budget |
Enquiries |
|
---|---|---|
Below 50 L
|
11%
|
|
50 L - 2 Cr.
|
74%
|
|
2 Cr. - 5 Cr.
|
13%
|
In a recent development, the town and country planning department DTCP in Gurgaon has issued a clarification regarding the collection of upkeep fees in affordable housing projects. The clari...