Sector-67

 

Situated in the south-eastern region of Gurgaon, Sector-67 is a developing locality surrounded by Sectors 68, 38, 64, and Bhondsi. The actively developing real estate micro market of Sohna-Gurgaon Road lies on its west and exerts considerable influence on its real estate market. The famous Badshahpur Jheel also lies in the vicinity.

 

Sector-67 is divided into two areas, Ramgarh and Esencia. While Ramgarh includes M3M Urbana, which offers retail and commercial office spaces, Esencia caters to the residential demand, offering well-designed homes equipped with top-notch amenities.

 

The locality has a number of schools, colleges, hospitals, and parks. The state of commercial infrastructure is healthy as well, with malls, grocery stores, multi-branded apparel stores, and eateries abound in this sector. Adequate supply of water and electricity is made available in the area by the Haryana Urban Development Authority and Dakshin Haryana Bijli Vitran Nigam, respectively.

 

Key Projects in Sector-67 : 

Ansals Esencia Sovereign Floors

Ansal Esencia Mulberry Homes

M3M Merlin

M3M Urbana One Key ResiMents

Ireo Victory Valley

Ansal Api  Versalia   2

Ireo The Corridors

 

Connectivity and Transit Points

 

Sector-67 is well connected to the likes of Delhi and Sohna via Sohna-Gurgaon Road, which also meets Delhi-Gurgaon Expressway on its way up north and NH-71B down south. The highway further connects the locality to Bhiwadi and Palwal.

 

South City 2 Bus Stop is situated 6 km from here and facilitates intra-city travel to different parts of Gurgaon. Locals can board trains from Basai Dhankot Railway Station, which is the closest to this locality and facilitating travel to places such as Delhi, Meerut, and Rewari. HUDA City Center Metro Station lies 11 km from the area and operates under Delhi Metro, enabling travel to Rithala, Inder lok, Jahangirpuri, Mundka, and Dwarka.

 

Indira Gandhi International Airport is located 26 km from here and can be reached via NH-8 in less than 40 minutes.

 

Major Landmarks

 

       M3M Urbana

       Ireo Victory Valley

       Fourth Dimension Solutions

       Government Boys High School

       RDPL Landmark & Infra Structure Ltd

       Khatu Shyam Bldg Material Suppliers

       Sohna-Gurgaon Road

       Starlit Suites

       Ansal Versalia

       Landmark Cyber Park

 

Factors for Growth in the Past

 

Availability of vast expanse of land in this sector was one of the major factors that propelled growth here in the past, kick-starting the launch of several residential and commercial projects. Builders such as Ansal API, Ireo Management Pvt Ltd, M3M India Limited, and Parkwood Group were primarily responsible for the development of the real estate market in this locality.

 

The development of Sohna-Gurgaon Road also accelerated growth here, improving Sector-67’s connectivity to a large extent. The Sohna-Gurgaon Road made the locality accessible to the rest of Gurgaon and to the areas in proximity to this city as well.

 

Residential and Commercial Market

 

Residential Market Trends

 

Sector-67 has a plethora of property types which include apartments, residential plots, and independent houses. The most commonly found property type in this area is apartments, which sell at an average rate of Rs 7,735 per sq. ft. Whereas, the average rate for independent houses in Secot 67 is Rs 7,935 per sq. ft., residential plots sell at an average rate of Rs 7,460 per sq. ft.

 

While 2-4 BHK apartment units in Sector 67 falls within the price range of Rs 1.20-1.90 crore, the price for independent houses extends up to Rs 1.5 crore. The price for residential plots can go up to Rs 2.80 crore.

 

The average rent for 3 BHK apartment units in this region is Rs 12 per sq. ft. The rent for 3 BHK apartments can be priced up to Rs 21,500 per month.

 

Commercial Market Trends

 

The average rate for offices in Sector-67 is Rs 7,505 per sq. ft., shops sell at an average rate of Rs 13,635 per sq. ft. Commercial plots are priced relatively lower, at an average rate of Rs 3,700 per sq. ft.

 

The price range for offices lie between Rs 35-51 lakh, whereas the price for shops can range up to Rs 74 lakh. Commercial plots lie within the price range of Rs 15 - 25 crore.

 

Major Challenges

 

The absence of an active transport system is a major challenge for this locality. The closest bus station is 5 km away, making travelling to other regions a bit of a hassle. Improving the transport system in this region would benefit the area’s residents and provide hassle-free commuting.

 

Factors for Growth in the Future

 

The completion of residential projects such as Ansal Versalia Avante, Ireo The Corridors, Mahendra Meadow, and Mariners Neptunes Heaven is likely to transform Sector-67 into a fully developed residential area.

 

The upcoming Samyak Market Square will boost the commercial prospects of this sector. Once completed, this commercial complex will host retail shops and stores, thereby increasing the area’s appeal as a residential locality.