Pace City, Gurgaon

???????pace city is a locality near Dwarka Expressway in Gurgaon. the area is predominantly commercial. however, there are some residential localities here. 

the nh8, which eventually reaches mumbai, passes close to pace city. infrastructure is well developed in pace city, and one can get access to banks, hospitals, markets, etc. 

open plots and multistory apartments are located in pace city. 2 and 3 bedroom apartments are popular in this area, and construction companies have projects with the desired configurations. the prices of apartments in this area are rs.2500 – 7000 per sqft. 

builders also charge the preferential location charges here as some locations are considered premium. the city administration has developed this area mainly for industries.   

the haryana government has plans to develop this area and will upgrade the facilities here shortly. 

key highlights

• markets, restaurants and recreation centers are available in pace city
• the nh8 provides excellent connectivity along with its length
• schools and other educational institutions are easily accessible in pace city
• reaching some of the commercial hubs is very easy for commuters 

whats great?

• the delhi metro yellow line serves the pace city area
• the metro stations close to pace city are huda city center, mg road and iffco chowk
• tourist places like sultanpur national park and humayuns tomb are nearby 
• commuting has become more accessible around pace city recently

whats not great?

heavy traffic and pollution due to industries

Watch out for?

• the government has implemented the gurgaon – manesar urban complex 2031 plan. 
• pace city will soon get an upgrade in its infrastructure  
• the plan will facilitate the development of this region
• the industry around pace city has helped rapid urbanization of the area 

property price rising factor 

short term

• most of the people now living in pace city are employed by the local industry.
• the authorities have to meet the 2031 deadline for the completion of projects
• industries of all types are established in the pace city area
• development has proposed new industrial hubs in this area  

long term

• the gurgaon mater plan will benefit the pace city area
• have achieved excellent town planning
• as the authorities complete the projects, pace city will develop rapidly  
• investment in pace city will be profitable shortly

other highlights

social infrastructure 

• highways, entertainment centers, malls, etc., are easily accessible in pace city.
• the area is poised for rapid modernization.

shopping complexes and markets

• tapodhani modern bazaar
• raghav general store
• sufiyana tea and spice

health care centers

• solanki dental care
• sharma clinic
• kathuria hospital

connectivity and public transport

rail connectivity

• one can access the railways via the garhi harsaru and basai dhankot stations.
• commuters can reach most of the industrial zones via the railways
• the metro is well-developed and provides excellent connectivity around pace city
• metro has helped reduced road congestion for pace city residents

road connectivity

• the highways have helped industrial freight to be easily transported
• the nh8 also provides excellent road connectivity to pace city residents
• the development plan will enhance internal roads in pace city.
• the development plan for gurgaon will enhance road connectivity.

air connectivity

the indira gandhi international airport is just over an hours drive from pace city.

schools banks and fitness centres

schools

• janata school
• government school
• divine chetna yoga

banks

• canara bank
• united commercial bank 
• icici bank

fitness centres

• a - gym
• balance gym
• hype the gym

popular landmarks near locality

• varun technologies
• huda park
• gupta rasoi

atms

• state bank atm
• axis bank atm
• icici bank atm

micro market analysis

capital and rental trends 

more than 70% of pace city properties are industrial or commercial and are priced from rs.32l - 65l, while 34% of properties are priced at rs.35l - 56l. people prefer the 2 bedroom configuration here, and they are 28% of properties sold. there are more industrial properties than residential ones in pace city. open plots are also available here.

a 2 bhk builder floor apartment with an area of 845 sqft will be priced around rs.94l, and a studio apartment with an area of 212 sqft will cost rs.1.17cr. if one rents a flat, a 4 bhk apartment measuring 2700 sqft will rent for rs.36000, and a 3 bhk flat with an area of 1800 sqft will fetch a rent of rs.24000.   

scope of growth

• the administration will modernize the pace city area according to government plans.
• the sanctioned plan has stipulated 2031 as the completion date for all projects.
• new highway construction has gathered pace in pace city 
• there is much scope for investing in properties in the pace city area

investment opportunities

• the development plan 2031 is expected to bring in more investment to pace city.
• more people will be willing to settle here as better facilities are provided
• pace city property market is poised for growth as development projects are near completion.
• completion of projects will boost property prices.