Subhash Nagar, Gurgaon

Subhash Nagar is a well-known locality of Gurgaon. some popular neighborhoods around subhash nagar are bhim nagar sector 6, arjun nagar sector 8 and acharya puri sector 7. 

properties in subhash nagar cost between rs 3,472 and rs 8,818. the average price per square ft in subhash nagar gurgaon is rs 5200. there are 17 properties available for sale and 12 properties available for rent in subhash nagar at present. 

at present there are no new projects being developed in subhash nagar. but royal residency is a new project under construction near the area of subhash nagar. this project has builder floor apartments starting from rs 55 lakhs and going upwards. 

41% of properties put up for sale in subhash nagar cost between rs 40 lakhs and rs 60 lakhs.  another 41% of properties put on sale cost between rs 60 lakhs and rs 80 lakhs. 37% of these properties on sale are residential houses listed by agents. 

3 bhks are the mostly commonly sold room configurations in subhash nagar. 3 bhks sell for anywhere between rs 55 lakhs and rs 2 crores in subhash nagar.

properties for rent in subhash nagar are mostly residential houses listed by individuals (40% of all properties for rent). 42% of all properties available for rent in subhash nagar cost between rs 15,000 and rs 20,000 monthly. 33% of properties up for rent lie in a lower price range between rs 5,000 and rs 10,000 monthly. 100% of all properties listed for rent in subhash nagar are put up by individuals themselves. there are no real estate agents involved in the process. 

key highlights

• subhash nagar is a very well-connected area of gurgaon. a bus stop and a railway station are located in very close proximity.

• subhash nagar is a good spot for families because it is located close to good markets and hospitals.

whats great?

• subhash nagar is a peaceful residential locality with parks and open spaces for children to enjoy. subhash park and malik park are two spots that are well loved by children.

• different religious centres like the shetla mata mandir and sudarshan mandir are located close by. 

whats not so great

• some subhash nagar residents feel that there are not enough good schools located very close by. 

Watch out for?

• safety and cleanliness in the neighborhood need to be improved upon

• the restaurants in subash nagar are not well received by locals

• quality educational institutions may be found outside this locality

property price rising factors

• subash nagar has a very well developed social and retail infrastructure within walking distance of most residential complexes.

• it has a decent public transport connectivity that allows residents to travel freely within the city. all these factors contribute to subash nagars steady increase in property prices.

other highlights

• social infrstructure

subhash nagar has all the facilities required for a modern 21st century family. basic necessities like grocery stores and health care centers are available along with various entertainment spots like restaurants and movie theatres. the area is also serviced by different internet network providers. 

• shopping complex and malls

one of the most important markets of gurgaon, the sadar bazaar, is located just a few metres away from subhash nagar. some important shopping malls in the area are centrum plaza gurugram, dayananda complex and omaxe celebration mall. 

• health care centres

some of the best hospitals in and around subhash nagar are:

• sheetla hospital

• shanta hospital

• life care hospital

• appolo spectra hospitals

• connectivity and public transport

• the jacobpura miyan wali colony bus station is just a 5 minute walk away from subhash nagar

• kamala nehru park bus station is just a 10 minute walk from subhash nagar

• the gurgaon railway station is less than 4 km away from subhash nagar

• schools, bank and fitness centres

all major banks have branches and atms in subhash nagar. there are also many small and medium sized gyms in the area for fitness enthusiasts. the area has some popular schools, but there is scope for some improvements in the schooling sector in the subhash nagar area. at present some of the biggest schools in the area are guru nanak public school, sarvodaya bal vidyalaya, l. lal quila government school and many more. the dronacharya government college is very near subhash nagar gurgaon. 

• popular landmarks near locality

the centrum plaza gurugram is a huge shopping mall near subhash nagar and an important landmark of the area. the sheetla eye hospital of subhash nagar is also very well known.

micro-market analysis

• downward movement of prices have not been seen in real estate markets despite the coronavirus pandemic. 

• banks are offering competitive interest rates for home loans. even the government has come up with various schemes in order to boost real estate market.

• despite facing a relatively muted growth, investment in properties in subash nagar will not yield a loss.