Sector-84

 

Situated around NH-8 and surrounded by localities like Sectors 85, 83, 76, and 36, Sector-84 is a developing residential locality in Gurgaon, with a flourishing real estate market. This Sector, like many other pockets of Gurgaon, has benefited tremendously from new residential projects, metro connectivity and road infrastructure.

 

Sector-84 constitutes a part of New Gurgaon, and has attracted many potential homebuyers. Overpopulation, skyrocketing property prices, and a toxic city environment are the primary reasons why residents of Delhi are investing in second homes in localities like Sector-84.

 

Reputed developers such as DLF, Unitech, Tata Housing, Godrej, Raheja Developers, Bestech, and Supertech have established international-level housing projects in Sector-84. The locality is surrounded by well-established schools and colleges as well, many of them just 20-30 minutes drive away. Healthcare institutes like Krishna Hospital and SRS Hospital fall within 8km radius of the locality.

 

Key Projects in Sector-84 : 

SS Group Plots

 

Connectivity and Transit Points

 

Dwarka Link-Gurgaon Expressway or North Peripheral Road marks its onset at Dwarka, crosses Bijwasan, New Palam Vihar, and Kherki Daula, and finally joins the NH-8, connecting Sector-84 to other parts of the NCR. Sectors 69 to 92 touch three different roads, namely Golf Course Extension Road, Sohna Road, and NH-8, thereby experiencing excellent road connectivity, especially with Gurgaon, Delhi, and Noida.

 

Garhi Harsaru Railway Station and Basai Dhankot Railway Station are situated 10-14 km away. The closest major railway station to the locality is Delhi Cantonment, situated 38km from here. Indira Gandhi International Airport situated in Delhi is at a distance of 33km from Sector-84. The closest metro station, HUDA City Centre metro station, situated about 22 km from Sector-84 facilitates quick, traffic-free travel.

 

Other common methods of transportation in Sector-84 include buses, autos and taxis. ISBT bus depot is situated an hour from the locality’s centre and provides bus services to this Sector. It travels to different routes with a frequency of 12 minutes in all the major bus stops in the area.

 

Major Landmarks

 

●       Vatika Lifestyle Homes

●       NH8 Dwarka Expressway Intersection

●       Kherki Daula Toll Plaza

●       Honda Exports

●       B.R Auto Repair

●       Rahul Studio

●       Ambedkar Park

 

Factors for Growth in the Past

 

Sector-84’s ideal location along NH-8 Dwarka Expressway Intersection worked to its advantage, and attracted many builders and property buyers to invest here.

 

The affordable property rates in Sector-84 led to the construction of a multitude of new residential projects in the year 2009 and 2010. But mid-2010 was thought to be the most victorious time, as a generic price rise of 15-20 per cent stimulated larger market appetites, especially with time-sensitive buyers.

 

The development of Northern Peripheral Road encompassing Sector-84, served as a catalyst in the establishment of advanced infrastructure facilities around the area, especially in terms of industrial, commercial, and educational establishments.

 

Residential and Commercial Market

 

Residential Market Trends

 

Sector-84 has multiple housing options in various residential complexes such as SS Group Hibiscus 2, Vatika Lifestyle Homes, and Vatika Gurgaon 21. Projects by high-end developers such as Sobha, ATS, and Puri Constructions are also rapidly gaining momentum in this area.

 

Apartments or flats dominate the property market in Sector-84, and demand is the highest for 2 BHK units. It costs around Rs 50 - 60 lakh to purchase a 2BHK apartment in Sector 84, with an average rate of Rs 4,490 per sq. ft.

 

Commercial Market Trends

 

A typical 1000 sq. ft. commercial space sells at an average price of Rs 85 lakh, with an average rate of Rs 90 per sq. ft.

 

Major Challenges

 

As Sector-84 is still under development, a slew of issues need to be addressed. Adequate improvements must be made to support infrastructure such as arterial roads, sector roads, and traffic management. Civic infrastructure provisions such as roads and drainage systems are being developed at a very slow pace. Road services have failed to steadily hold the strains of an increasing population, and the construction of sector roads is in dire need of being fast-tracked.

 

Factors for Growth in the Future

 

Being one of the new sectors and part of the Masterplan of 2021, Sector-84 will soon be blessed with the widest expressway in the country; one that will connect NH-8 to Indira Gandhi International Airport and Dwarka. Additionally, there are proposals made for a metro line alongside Dwarka Expressway and an Interstate Bus Terminus connecting Gurgaon to the rest of the country, along with a 300-acre SEZ that will propel growth in Sector-84.

 

The completion of the Dwarka-Gurgaon Link Expresswayproject will ensure speedier access to the airport, connecting the 100 mt and 80 mt urban express roads. Good connectivity to the current metro corridor and the proposed diplomatic enclave will further fuel the real estate market in the neighbouring areas. Because of this enhanced connectivity, land banks of this expressway will become one of the most sought-after residential locations in the NCR.

 

Given its proximity to this expressway and the commercial belt that will soon be developed around Sectors 105, 106, and 109, Sector-84 will witness a wave of development in the future.