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Rising Demand for Sectors Around Golf Course Extension Road and Gurugram Sectors

Rising Demand for Sectors Around Golf Course Extension Road and Gurugram Sectors

Of late, homebuyers planning to buy their dream home witnessed rising traction in Golf Course Extension Road in Gurugram and a few adjoining sectors. Homebuyers not only liked to buy apartments in multi-storey projects but also preferred buying independent floors and plotted developments.

Golf Course Extension Road is 7-8 km long stretch that extends from Ghata to Sohna Road. It is about 20 kms away from IGI international airport. Sectors adjoining Golf Course Extension Road are 66, 67, 68, and Badshahpur Village.

Popular residential projects of Golf Course Extension Road include Ansal API Esencia, M3M Merlin, Shree Vardhman Mantra, Ireo Victory Valley, Trehan Developer, Bestech Park View Spa, and more.

The popularity of Golf Course Extension can be attributed to its location, road connectivity, and close proximity to leading employment hubs. Sector 67 has all prominent educational institutions, hospitals, shopping areas.

Physical infrastructure

If we talk about the connectivity of Golf Course Extension Road, then it is connected to NH-248A, Sohna Road, Main Gujjar Road, and Golf Estate Road.

Golf course extension road is about 10-12 km away from Gurgaon Railway Station. The nearest metro station is located at Sector 55-56. It is 2 km away.

Amenities for homebuyers

The location enjoys the highest order of connectivity with many educational institutions, hospitals,shopping centres, malls, parks, and bus facilities. You will also find Metro stations connecting Gurugram to Delhi, Noida and Ghaziabad.

Golf course extension road has all facilities but lacks in some areas too. The air quality of this area doesn’t remain good throughout the year owing to the dust caused by the construction and demolitions.

Residents of this locality often complained about overflowing drains. The growing cases of theft have also been reported from this area. You will also hear about activities like encroachments and illegal construction on public land that creates traffic snarls. However, it is believed that such issues will get resolved once the area gets fully developed.

Top notch employment centres

The best part about buying or investing in sectors along Golf Course Extension Road is the rental income that you will receive due to its close proximity to leading employment hubs. You will also find many employment hubs like Candor Techspace, Vatika Professional Point, Bestech Business Tower, IRIS Tech Park and JMD Megapolis, in close vicinity. There are also many established industrial areas and business districts located in Golf Course Extension Road area such as Udyog Vihar and Cyber City. You can reach here in less than half an hour.

The Gurugram real estate market

As per recent reports from Knight Frank India, in the second half (H2) of 2020, Gurugram retained the top spot in new launches in the first half of 2021, but also saw an increase in the same to about more than half (51%) of NCR’s total launches.

Property segments like high-end, luxury products, and mid-end attracted demand in new launches. Gurugram emerged as Delhi NCR’s leading residential market in H2 2021 having 33% share in the overall sales structure.

Housing.com reports suggest that the price of residential plots of Gurugram’s market in Delhi-NCR grew by 15% (CAGR) between 2018 and 2021. Also, the prices of land in areas like Sohna, Gurugram, grew by 6% (CAGR) around the same time. In Sohna, societies like Karnki, Sector 14 Sohna and Sector 5 were among prominent localities in 2021.

Golf Course Extension Road and adjacent areas key projects

If you look at the 3 bhk prices of M3M Icon, then i is around Rs 2.15 crore. In Ansal API Esencia, you can buy a plot of 292.64 sq. in between Rs 3.75 crore to Rs 4 crore. You can also go for ready to move 4 BHK (3200 sq. ft) independent builder floor from Trehan Group which will cost you around Rs 6.72 k/sq. ft. If you plan to buy 2, 3, 4, 5 BHK ready to move apartments in Ireo Victory Valley, then you will have to spend around Rs 1.22 to Rs 5.08 crore. If you explore 4BHK size in 4S Aradhya Homes, then you will hve to spend around Rs 1.4 to Rs 1.79 crore. Whereas 4BHK flat can be brought in Park View SPA in the range of Rs 1.5 to Rs 2.2 crore.

 

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Axiom Landbase

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