Sector 114, Gurgaon

sector 114, Gurgaon, is a predominantly residential area. the site is well developed and is becoming popular amongst the people who work in the industries located here. recently sector 114 is becoming more of a business district that is attracting companies.

there are 2, 3, and 4 bhk apartments for sale in this area. many popular builders have ongoing schemes in sector 114. the area is considered to be upmarket, and the prices of flats reflect this fact. the average price of residential apartments in this area is rs. 8000 – 16000 per sqft. depending on which locality one chooses.

m3m india, satya developers, godrej properties, and chintels india ltd have projects in the area. new developments in sector 114 will make it an ideal residential locality.

key highlights

• infrastructure is well-developed in sector 114.
• it is also a business district, and many companies have offices in this area.
• the delhi metro blue line serves the sector 114 area.
• dwarka metro station and dwarka sector 8,9,10 stations are close to sector 114.

whats great?

• the Dwarka Expressway passes close to sector 114 and provides excellent connectivity.
• metro is well developed and has reduced congestion on the roads.
• local authorities have developed the infrastructure in sector 114  
• industrial development has improved the economy of the area

whats not great?

pollution and traffic 

Watch out for?

• the local government has initiated plans to develop sector 114
• the state policy to encourage new industries in the area will help the real estate sector
• employment opportunities constantly attract new people to the area
• this area will be a posh locality as the recent development plan progress

property price rising factor 

short term

• the local authorities will provide better connectivity to sector 114
• basic infrastructure has already been provided in the area
• metro connectivity has helped reduce travel time in sector 114
• the presence of industries has helped the housing market

long term

• the local authorities expect more people to come to sector 114 to settle.
• roads like the dwarka expressway have helped to improve connectivity
• as more industries are encouraged, more people will make sector 114 their home
• real estate will pick up once the government implements development projects 

other highlights

social infrastructure

• new developments are expected under the zonal development plans being implemented
• most of the infrastructure is in place in sector 114

shopping complexes and markets

• naresh general stores
• brisk lumbini
• shobha sales 

health care centers

• laser aesthetics skin care clinic
• jai sai ram hospital
• dr. mahesh sharma

connectivity and public transport

rail connectivity

• the bijwasan and gurgaon railway stations provide railway connectivity to sector 114
• railway has been a convenient mode of transport for the residents of sector 114
• metro provides excellent connectivity to the area around sector 114
• commuting has become slightly easy as the metro connectivity has reduced road congestion

road connectivity

• the dwarka expressway has provided excellent connectivity to the area around sector 114
• the local authorities have provided excellent internal road connectivity to sector 114
• the zonal plan envisages improvement in connectivity
• better road connections have improved the bus service in the area

air connectivity

the international airport is not far from sector 114

schools banks and fitness centres

schools

• shivani public school
• literacy india school
• institute of teacher education

banks

• icici bank
• central bank of india
• gurgaon central cooperative bank

fitness centres

• endurance gym
• cult gym 
• seven pillars fitness and spa

popular landmarks near locality

• zen garden
• rana filling station
• pizza day

atms

• state bank atm
• canara bank atm
• axis bank atm

micro market analysis

capital and rental trends

most of the properties sold in sector 114 are priced between rs.43l - 65l, while 20% of properties for sale are priced between rs.37l - 54l.  most residential apartments sold in sector 114 are 3 bhk.

the 2 bhk configuration is also being increasingly preferred in this area.

an apartment measuring 2630 is priced at rs. 1.92cr.  a single bedroom flat 580 sqft will cost rs. 44l. in the rental market, a 4 bhk apartment measuring 2000 sqft will rent for rs.25000, and a 2 bhk apartment measuring 800 sqft will rent for rs.18000.  

scope of growth

• sector 114 has been earmarked for development
• the local government will implement the zonal development plan here
• the presence of industries has helped the growth of sector 114
• the local administration developed the infrastructure as more people moved here

investment opportunities

• jobs are available in the commercial hubs around sector 114  
• young professionals are attracted to this area due to the connectivity it offers
• local authorities will improve the infrastructure further
• real estate in sector 114 will benefit from the development