New Palam Vihar Phase 1, Gurgaon

palam vihar phase i is a famous residential locality in gurugram, haryana. independent houses and builder-floors are major developments in this locality. sector 110, palam vihar, Ashok Vihar Phase III Extension, sector 23a, and sector 105 are the nearby localities to new palam vihar phase i.

the area is well-connected to new delhi and the key employment hubs of Gurgaon. the prominent projects near new palam vihar phase i include bestech – park view residency and ansal api lemon grove.

new palam vihar phase i remains at an advantage due to its location, which is close to udyog vihar, which is about 9 km from the locality. cyber city lies 12 km away from the area. employment hubs near mg road, golf course extension road, and Golf Course Road, along with sohna road, are also easily reachable from new palam vihar phase i. 

new palam vihar phase i provides a good mix of independent houses, builder floors, multistorey apartments, villas, and residential plots. of the properties available, 79 are for resale, while one property is a new project. the amenities in the area include gated communities, swimming pools, lifts, and a gym. 

key highlights

• the railway station is at a close distance from the neighborhood. 
• various companies are placed near the area. 

whats great? 

• new palam vihar phase i is a peaceful and friendly neighborhood. 
• the connectivity of the area is excellent. 
• the area has promising markets and shops in close proximity. 

whats not great? 

• traffic in the area is a major issue. 
• the area is often subjected to noise pollution due to its proximity to the railway station. 

Watch out for?

• leisure valley park and kingdom dreams are located at a close distance from the locality. 
• shelter homz builder floor is a luxury builder floor apartment offering excellent amenities in the area. 

property rising factors 

short term 

• new palam vihar phase i enjoys good social and civic infrastructure. 
• the area has been in huge demand over the last few years. 

long term 

• the locality has various offices and companies situated nearby, leading to the investors investing in this locality. 
• new palam vihar phase i is a well-connected locality with access to all the major parts of delhi ncr. 

other highlights

social infrastructure

the maurya public school, presidium school, and red roses public school are some of the major schools located close to the area. metro hospital & heart institute is located within the locality, while medanta -the medicity and artemis hospital are placed within a 1 km distance from here. ansal plaza is located near new palam vihar phase i itself, while cyber city and ambience mall take about half an hour to get there. 

shopping complex & markets

• max super marche
• sector 23 huda market
• bandhu super mart
• vyapar kendra market
• community market
• gurgaon dreamz mall

health care centers

• monika hospital
• tomar hospital 
• newlife multispeciality hospital
• balaji life care hospital
• metro hospital

connectivity & public transport

new palam vihar phase i is well connected to the rest of the city and delhi by buses, metro, and rail. the under-construction dwarka expressway is about 15 km from the locality. iffco chowk metro station on the yellow line of delhi metro and indusind bank cyber city metro station on the rapid metro are located near the area. the gurgaon railway station is 6 km from here. indira gandhi international airport is 20 km away from the area. 

schools, bank & fitness centres

schools in the area 

• the maurya school
• st. soldier school
• mount school
• royal oak international school
• global school 

banks in the area

• allahabad bank
• oriental bank of commerce
• central bank of india
• icici bank
• canara bank

fitness centres in the area

• endurance gym
• figure and muscle studio
• fit22 the gym
• reform gym and spa
• fitness theory

popular landmarks near locality

• e-block palam vihar
• brisk lumbini
• rathiji house
• leisure valley park 
• kingdom of dreams 

micro market analysis

capital and rental trends

• the starting price of the properties in new palam vihar phase i is rs. 336 per sq ft.
• the average price of properties in new palam vihar phase i is rs. 4,702 per sq ft.
• the most expensive property available in new palam vihar phase i is at rs. 42,056 per sq ft. 

scope of growth

new palam vihar phase i is close to dwarka and dwarka expressway, and it provides the locality a locational advantage. with multiple companies and offices hubs located nearby, the real estate prospect of this locality is expected to soar. 

investment opportunities

new palam vihar phase i offers good apartments at affordable prices. investment in this region at the moment is a beneficial deal. investment in 2bhk, 3bhk, and 4bhk apartments is recommended for good capital returns in the upcoming years.