Sohna road witnesses 50 % growth in residential values
Gurgaon : Investors are attracted to the projects in Sohna road and adjacent sectors like 68 and 69, which offers residential properties in the range of Rs 4500-6000 per sq ft.
The price of properties in sectors like 47, 48 49 in the same road has reached to 8000-10,000 per sq ft.
Few sectors like 58 are no longer available in less price. So for investors, who have constrained budget and want to invest in Gurgaon, 68 and 69 sectors are the best options. Developers who are already present there such as Tulip Group with Tulip Purple, Tulip Orange, ERA with ERA Sky Ville, Unitech with Unitech Sunbreez, Ansal API with Ansal Esencia, Gupta promoter with Eden Heights have witnessed a hike in price of the properties by more than 50 percent, within two to three years.
The trend is going to bring good opportunities in the real estate sector and within two to three years the developers will start offering the possession of the new projects. However till then, investors can roll the price in the economy as these sectors are growing rapidly.
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