Sector 62, Gurgaon

sector 62, Gurgaon is a developing posh locality in gurgaon. the area is bounded by – Golf Course Extension road in the north, senapati pratap rao gujjar marg on the east, and samrat mihir bhoj gujjar road south.

the locality is a neighbor to sector 65, sushant lok iii  extension, bharampur naya, ullahawas, sector 61, sector 63, and medway. the area lies close to 248a highway and up state highway 137 (faridabad-gurgaon road)

key highlights

• located adjacent to rajesh pilot gujjar chowk, one of the most important commercial areas of gurgaon.

• the locality itself is home to several commercial complexes – pioneer urban sales center, leafytales, good hearth trade tower, kcc tower, etc.

• large premium apartment complexes and housing societies such as – pioneer park housing society, sehgal estates, pivotal paradise, and others. they provide the state of the art services to their occupants.

• well planned and laid out the area in gurgaon.

whats great?

• education infrastructure is well developed, with many reputed schools in the area.

• the abundance of sports academies and facilities in the locality makes it a favorite choice for casual sportspersons.

• there are plenty of good fine dining and socializing options in the area, such as fresh leaf café, delhi zaika, rajasthani dhaba, and others.

whats not great? 

• extremely high property rates

Watch out for?

• apartments in pioneer presidia, urban square, heritage one, and sehgal estates. one of the top prime residential estates in the area.

• property rising factor

short term

• upcoming housing projects such as – pioneer arya, emaar digihomes, and heritage one ii being undertaken in the area.

long term

• sector 62 is close to 248a highway and faridabad-gurgaon state highway. hence the area has high commercial viability.

• it is expected the area would be covered by metro infrastructure, which has already searched sector 56 and even has its metro station.

•  cleanliness.

other highlights

social infrastructure

sector 62, being the posh locality of gurgaon, an ncr region, offers almost all the facilities that a man can afford. their area is littered with bars and cafes, including bootleggers republic, browns bar, paans café, fresh leaf cafes, and others. the place is also a goldmine for foodies, with several popular dhabas and restaurants like –delhi zaika, 72 singh dhaba, pakija hotel, and the garden located in the area. for sports enthusiasts, there are plenty of sports grounds and academies in the area. the academies like – young india sports academy, play all sports, equestrian sports academy, and others offer national level grounds and services. the site is also adjacent to sportsclub astro cricket ground, one of the few large playgrounds in gurgaon.

shopping complex & markets

• pioneer urban sales centre, sector 62

• leafytales farms, sector 62

• spensers, golf course ext. road

health care centers

• indira gandhi eye hospital

• swastik multispeciality hospital, ullavas dhani road

• apex plus hospital, hbr chowk

connectivity & public transport

• the nearest metro station

• lies close to 248a highway and up state highway 137 (faridabad-gurgaon road)

• sector 55/56 metro station of the rapid metro is located at 10-12 km circle of the area.

schools, bank & fitness centers

• heritage experiential learning school, crpf road

• gurugram public school

•  gurugram aerospace engineering, nagli umarpur

popular landmarks near locality

• sportsclub astroturf ground

micro market analysis

capital and rental trends

• the property market in sector 62 mainly consists of apartments which dominate about 83% of all the offerings.

• the most popular configuration of apartments seems to be 3 bhk and 4 bhk flats which make up for 40% and 36% of all the apartments, respectively. the rest of the offerings are covered by 2 bhk, 4 bhk, and 5 bhk apartments.

• the remaining property offerings are covered by commercial shops (5%), commercial and commercial office spaces ( 7%). the area lacks any primary residential offering since several builders are already purchasing the available land. 

• the price range of residential apartments is about inr 8,800 to inr 11,500 per sqft, which averages inr 11,136 for most properties.

scope of growth

• prices of multistory apartments have seen a rise of about 5% in the last quarter of fy 2020-2021.as compared to the previous quarter of fy 2019-2020. the prices are expected to continue at the same rate of 5% in the fy 2021-2022.

investment opportunities

• golf course extension road in the north, senapati pratap rao gujjar marg on the east, and samrat mihir bhoj gujjar road in the south are prime areas for commercial purposes and residential purposes, so investing in them would be a good idea.