Gurgaon hits the real estate market with new areas
To boost up the real estate sector of Gurgaon, Gurgaon Master Plan 2031 has proposed many new sectors along Dwarka Expressway like 95A, 95B, 89A, 89B, 88A, 88B and 99A as a superior investment area. Within all this sectors, Sectors 88A and 88B are believed to be ideally suited for luxury development.
Region purview:
The connectivity of Sectors 88A and 88B are very good. Also they are locality in the best locality among the new sectors that have come up in Gurgaon. This sectors are well connected with Dwarka Expressway, Pataudi Road and other sector roads.
One of the largest forthcoming commercial hub in Gurgaon is coming up in the neighboring sector. Which is one of the biggest reason for this area to be one of the lucrative destination for investment.
Another important highlight about the duo sectors, they are well connected to all sections of Gurgaon and other industrial and commercial regions like Manesar, hence they are evenly connected with the national highway. Most of the land has already been acquired by the development authority.
According to realty experts, Sectors 88A and 88B on the Dwarka Expressway are apt for top end residential development with top-notch builders having acquired land in these sectors and already developing or planning to develop luxurious residential projects here.
Real Estate:
This sectors will be destination for luxurious projects which will provide world-class infrastructure, aesthetics and amenities, with the best specifications along with right price. This area will witness apartments with modern facilities like AC in DD along with imported marble flooring, laminated wooden flooring in bedrooms, along with AC and modular kitchens (with hob and chimney).
Not only luxury projects, there will be a mix projects of affordable and luxurious wherein there will be various apartment size, spacious rooms and enhanced ceiling height between floors. Large open spaces interspersed with several parks and clubhouses with all modern facilities are the typical offerings of these luxurious projects.
Real Estate projects:
There are many ongoing as well as forthcoming projects in aforesaid sectors of Gurgaon and Dwarka Expressway. Among them Gurgaon 99 is one of the popular residential developments in Sector-99, neighborhood of Gurgaon. This is one of the on going project in sector 99. They are offering 4 bhk to 5 bhk Villas with built-up area between the range of 3584-6620. the price varies from Rs 1.94 crore to Rs 4.03 crore.
OSB Amber Gardens is one of the awaited residential development project on Dwarka Expressway. It is among the completed projects of Ocean Seven Buildtech Pvt Ltd. They are offering plots for residential development. They have 200 sq yards Plots for Price 5.9 Lakhs and 750 sq yds Plots priced as Price 22.13 lakhs.
A super luxury project in sector 99 is Pareena. The Elite Residences Luxurious Lifestyle & Located on main 150 meter Dwarka Expressway. They have quoted 1.09 crores for Rs 1865 sq ft for 3 bhk. This project comes with a novel architecture, pleasing aesthetics & impressive layouts comprising of 3 & 4 bHK ultra-luxury apartments and penthouses ranging from 1865 sqft. to 2,365 sqft. Spread across 12 acres of land.
Price trend:
During 2010 the price trend of sector 88 ,95A, 95B, 89A, 89B, 88A, 88B was Rs 2,600 per sq ft for multi storey apartment. in 2012 the price range went up to Rs 4,500 per sq ft. Recently the price have increased to Rs 5000 per sq ft in this areas.
Dwarka expressway has witnessed a rough graph of price trend. During Jan -March 2010 the price shooted up to Rs 10,000 per sq ft, although it came down to Rs 6500 per sq ft in July- Sep 2010. Although the price was in higher side and it accelerated in 2012 to Rs 11,000 sq ft. Recently Dwarka Expressway is quoting Rs 11,500 per sq ft for multistorey apartments.
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