Looking to invest in Gurgaon? Here are the hottest micro-markets of Gurgaon

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    Gurgaon is currently experiencing a significant surge in demand for residential real estate, with several emerging micro-markets gaining traction among both investors and homebuyers. Among these, Golf Course Extension Road, Dwarka Expressway, and sectors 77 and 76,  Gurgaon have emerged as frontrunners, garnering attention for their promising growth prospects and attractive investment opportunities.

    Golf Course Extension Road, recognized as one of Gurgaon’s most sought-after residential micro-markets, continues to tempt investors with its luxurious offerings and top-notch amenities. Its strategic location, developed social infrastructure, and close to major business hubs have firmly established it as a desirable destination for those seeking upscale living experiences. Leading developers such as M3M India, Adani, Signature Global, Puri, Godrej, and Smartworld Developers have made significant investments in the region. Last year saw the entry of real estate DLF in this region with the launch of The Arbour, a luxury high-rise project.  Despite launching the project at a premium price of around INR 18,000 per square foot, The Arbour surpassed expectations by selling out within three days before its official launch. These remarkable sales not only exceeded the market’s average rate but also signaled a resurgence of interest and confidence in Gurgaon’s real estate market. This market is abuzz again with DLF recently acquiring a 29-acre land parcel in Golf Course Extension for ₹825 crore, marking the first significant land transaction of the year.

    Dwarka Expressway another hotspot of Gurgaon has emerged as a premier region hub owing to its strategic positioning and ambitious infrastructure development. The rapid pace of urbanization and infrastructural advancements along this thoroughfare has transformed the adjoining sectors into focal points for residential expansion, offering a spectrum of housing options from affordable to luxury, all while ensuring seamless connectivity to Delhi and other regions of the National Capital Region (NCR). The inauguration of the Gurgaon stretch of this expressway has further boosted sentiments increasing demand in this location.

    Other promising micro markets are Sectors 77 and 76 along the Southern Peripheral Road (SPR) which are currently commanding attention in Gurgaon’s real estate arena, well-known for their meticulously planned infrastructure, verdant surroundings, and proximity to commercial centers. These sectors have emerged as sought-after locales for homebuyers in search of a harmonious blend of urban conveniences and lifestyle enhancements, thanks to a plethora of residential projects offering contemporary amenities.

    Developers including DLF, Emaar, Whiteland, and M3M have capitalized on the area’s potential, establishing a strong presence therein. Boasting proximity to major commercial hubs like DLF Corporate Greens, TCS, the upcoming Amex Campus, and dedicated commercial sectors spanning approximately 385 acres (Sectors 75 and 74A), the vicinity offers a wide array of amenities.

    A recent highlight includes DLF’s launch of DLF Privana South, a luxury high-rise project spanning sectors 76 and 77. Remarkably, all 1,113 high-end luxury residential units of this project were sold for ₹7,200 crore within 72 hours before its official launch. DLF Privana South will be part of the integrated township DLF Privana, spread across about 116 acres. The company plans to develop DLF Privana on a similar line of DLF5. This resounding success has rekindled interest in the area, prompting other developers to unveil projects in this burgeoning region.

    Also read : Impact of Rising Cement Prices on the Real Estate Market

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