Sector 23a, Gurgaon

sector 23 is a famous and developed residential locality of Gurgaon. the locality is situated close to the nh-48, which offers excellent connectivity with new delhi and the ncr region. sector 23 adjoins the new delhi green belt area. the prominent localities nearby are palam vihar, sector 22 and sector 25. sector 23 is fundamentally dominated by the mid-rise apartments and independent houses of the resident welfare association (rwa). 

the new projects and developed infrastructure makes sector 23a a sought-after locality for investment. the business-friendly environment, due to its proximity to the employment hubs, also grabs good attention from the young and educated crowd. 

sector 23 is located close to the commercial hubs of udyog vihar at a distance of 4 km, and unitech infospace sez at 3 km, and the cyber hub within 7 km from sector 23a.

the properties in sector 23a are available in the range of rs.2,000 - rs.27,273 per sqft and 3bhk apartments are the most preferred projects here. sector 23a has apartments available for rent, where the 2bhk apartments range from rs.5,500 - rs.40,000 and 3bhk range from rs.8,000 - rs.50,000. 

key highlights

• the locality shares close proximity to the international airport. 
• it is well-connected to new delhi via national highway 48.
• the area is close to the key employment hubs such as udyog vihar and DLF Cyber City. 

whats great? 

• the area has several good malls situated within a radius of 10 km. 
• hospitals and schools are available in the close vicinity of the neighbourhood. 

whats not great? 

• the locality faces severe traffic jams during peak hours. 
• frequent power cuts are a major concern in the area. 
• the roads need improvement in the area. 

Watch out for?

ambience creacions, a luxurious apartment complex, is placed near sector 23a that houses top-quality facilities such as half basketball court and mini football court, senior citizen area, party lawns etc.

property rising factors 

short term 

sector 23a harbours many top schools, hospitals, and other recreational facilities, the main property drivers in the city. 

long term 

• the upcoming metro station near sector 23a will enhance the localitys connectivity with the other parts of the delhi ncr region. 
• with multiple new projects in the pipeline and a good number of ready-to-move projects available will prove to be beneficial for the property value in the locality. 

other highlights

social infrastructure

some of the prominent schools near the maurya public school, presidium school, and red roses public school. well-equipped hospitals in the close vicinity to sector 23 are columbia asian hospital, global hospital multispeciality hospital, metro hospital and heart institute, medanta – the medicity, and artemis hospital. malls on mg road, cyber city, and ambience mall are about 7 -1o km from the neighbourhood.

shopping complex & markets

• ambience mall
• mgf metropolitan mall
• gurgaon dreamz mall
• central
• ardee mall

health care centers

• apollo cradle hospital,
• aryan hospital
• chirag hospital
• metro hospital
• umkal hospital

connectivity & public transport

sector 23 is located close to national highway 48. the closest metro stations from the locality aremg road and iffco chowk metro station located on the yellow line of new delhi metro, which is 7 km away, and indusind bank metro station of rapid metro around 7km from the area. gurgaon railway station is about 5 km from the locality. indira gandhi international airport is 14 km away from sector 23 and can be reached within 25 minutes. 

schools, bank & fitness centers

schools in the area 

• gems international school
• rotary public school
• ascent public school
• sucheta memorial school
• ridge valley school
• k.r. mangalam world school 

banks in the area

• bank of india 
• indian overseas bank 
• uco bank 
• central bank of india 
• allahabad bank 

fitness centers in the area

• fitness forever gym
• zink fitness studio
• reshape fitness gym & spa
• meenakshi fitness club
• fit22 the gym

popular landmarks near locality

• saikunj
• verma chowk
• viaan ji chowk
• kaman sarai

micro market analysis

capital and rental trends

• the starting price of the property in sector 23a is rs.2,000 per sq ft. 
• the average price of the property in the locality is expected to be rs.10584 per sq ft for the apr-jun21quarter.
• the property rates in sector 23a saw a growth of 2.8% from jan-mar21quarter. 
• 3bhk apartments for rent in sector 23a are available in the price range of rs.8,000 - rs.50,000, while 2bhk apartments can be rented for rs.5,500 - rs.40,000. 

scope of growth

gurgaon is a rapidly developing area with new multinational companies opening up in the city at a rapid pace. improvement in infrastructure, fast connectivity, and world-class projects in the city has positively affected the realty market of sector 23a. the capital and rental values indicate towards healthy growth for the real estate market in the area. 

investment opportunities

sector 23a enjoys good connectivity to the other parts of the city while also having excellent access to udyog vihar and dlf cyber city. sector 23a is one of the posh areas with high demand and development rates. investment in 3bhkand 4bhk apartments will prove to be an ideal choice.