Udyog Vihar Phase 1, Gurgaon

udyog vihar phase 1 is an urban locality in Gurgaon, one of the citys oldest employment hubs. it has seen massive expansions, and today, udyog vihar has grown into phase 1, 2, 3, and 4. phase 1 is also residential in nature and currently houses the working elite class of the employment hubs in and around the area. the pin code of this area is 122022. the average price per square feet of properties for sale is rs. 6000.   the Delhi Gurgaon Expressway is in the vicinity of this area. 

there are around 2 properties available for sale in the area for residential use. these are mostly 2bhks in the range of 80 lacs to 1.3 cr. the apartments are well finished and located in illustrious buildings that come ready with well to do facilities. the area is predominantly filled with commercial office spaces followed by apartments and houses. the rental market here is further at nil for residential properties since most families staying here own their properties and are either living here for long durations of time or renting out for long spans of time. as a result, there can be no doubt of the availability of commercial spaces here, but residential offerings are always low. 

the layout of this locality is spacious, well designed and filled with parks to help the average office-goer enjoy serenity in his offices lush green surroundings. there are hospitals, malls and marketplaces in the area and a few widely acclaimed schools in the locality.  

key highlights –     

• the locality has a work-centric vibe, and the residents are all belonging to the upper-middle-class section of society. 

• businesses operating in this area have regular staff coming in and out, and this leads to a vibrant work environment in the locality during the day and nights. 

• the area is near toll plaza and well connected to south, western and central delhi via national highway 8.  

whats great?

• this is well to do active neighbourhood with many apartments and houses lined beside commercial offices. 

• the business and elite class live here, and most of the homeowners have more than one property here. 

• the best schools and hospitals of gurgaon are close at hand and can be easily accessed even during peak hours of the day owing to the proximity to national highway 8.  

whats not great?

• the parking options are only too crowded during the day. 

• the workplace vibe long with office crowd routine may be disturbing to residents sometimes. 

Watch out for? –  

great connectivity experience and a generally friendly neighbourhood are the highlights of this locality. you should always Watch out for? commercial activities like seminars and workshops and fun-filled corporate activities in the parks and gardens nearby. there are always few residential properties on offer here, and these get sold out fast, so one can expect to see very few movements in the residential marketplace here.  

property rising factor

short term: there is not much traction expected in the area in terms of residential and commercial investments. therefore, the property market sees a gradual rise in prices and no short-term property price rises. 

long term: in the long term, the area has seen several jumps in property pricing, more so when there has been new offices opened by big and well-known brands in the vicinity of udyog vihar. the entrepreneurial and start-up crowd is also located in this place and contributes to the long term price rise by growing their brands from home or local offices and increasing the worth of the locality.  

 other highlights  

social infrastructure

the locality has the best possible social and civic infrastructure and is well-maintained by the local authorities. 

shopping complex & markets

the shopping areas in this locality are as follows - 

• citycart

• dlf promenade

• dlf mega mall

• sahara mall

• ambience mall

• dlf downtown

• ardee mall

• vasant square mall

• mgf megacity mall

• cross point mall

• plaza mall

• rao meher singh market

• galleria market

• sodhi super market

• city market

• fish market

• karan market

• banjara market

• sapient global market 

• sector 22a market

• weekly market 

health care centers

the area has many hospitals and healthcare centres of repute. these are as follows - 

• esic hospital

• lokpriya hospital

• park hospital

• st. stephens hospital health care facility

• uma sanjeevani health centre and hospital

• neelkanth hospital

• umkal hospital

• narayana superspeciality hospital

• monika hospital

• lifecare medical centre

• columbia asia hospital

• lotus hospital

• artemis hospital

connectivity & public transport

• the area is well connected, with the nearest bus stops being rajokera xing and kapashera village bus stands. 

• the nearest metro station is the moulsari avenue metro subway station which is just 4 km from this locality. the nearest railway station is gurgaon railway station. 

• public transport services like cabs, taxis and autorickshaws are also available in plenty. 

schools, bank & fitness centers

schools

• kendriya vidyalaya

• new vision senior secondary school

• sahara public school 

• klay play school 

• cc school 

• vipul play school

• siddharth public school 

• rabindranath world school 

• kitty garden senior secondary school 

• govt primary school dundahera

• mahadeep public school 

• veer public school 

• new shishu kalyan public school 

• cm convent school 

• nagar nigam school 

• mcd primary school   

banks 

• axis bank

• indusind bank

• kotak mahindra bank

• yes bank 

• icici bank 

• central bank of india 

• citibank

• state bank of india

fitness centres

• national gym

• fitness gym club

• physique first

• powerhouse gym 

• fitness gym club 

• fitness fusion gym

• brix gym

• the hard track gym

• pride fitness gym 

• national gym 

popular landmarks near locality

• the tau devi lal park is a green section that attracts families and children on weekends and in evenings. 

• belvedere tower in moulsari avenue is a great landmark denoting the work-friendly atmosphere of the area.

• the sector 17/18 police station is the nearest to this area and an important landmark of this locality. 

• the roti factory is a popular hub and has grown as an important landmark here. 

micro market analysis

capital and rental trends: the capital and rental trends have been slow and in downtrend often due to lack of properties for sale or lease. 

scope of growth: the area has immense scope of growth for the residential market. however, owing to the dominant commercial set-up, the investors concentrate on commercial real estate than residential buildings in this locality. 

investment opportunities: the majority of investment opportunities in this area are those in the commercial segment.