Gurgaon, once considered a satellite town, has undergone a significant transformation, emerging as one of India’s fastest-growing metropolitan cities. Ankit Kansal, Founder & MD of 360 Realtors, provides insights into Gurgaon’s evolution, emphasizing the challenges and opportunities that accompany its rapid development.
Emerging Prospective Micro-Markets
The Dwarka Expressway and its adjacent areas, specifically Sectors 73-95 and Sectors 102-113, are emerging as the potential “New Gurgaon.” These regions, situated along the 8-lane expressway, have attracted attention due to the forthcoming housing projects, commercial centers, and retail establishments. Despite rising property rates, these areas continue to allure both end-users and investors due to comparatively lower prices.
| Micro-Market | Key Highlights |
|---|---|
| Sector 83 | Rapid Growth, Prime Connectivity |
| Sector 104 | Serene Living Amidst Nature |
| Sector 88 | Visionary Hub for Commercial Ventures |
| Sector 91 | Emerging Connectivity Hub |
| Sector 99 | Strategic Location with Future Potential |
Sector 83:
Situated adjacent to NH 48 and merely 2 km from the Dwarka Expressway, Sector 83 showcases a plethora of new residential and commercial projects. Offering seamless connectivity to major hubs in Gurgaon and the IGI airport, this area provides a tranquil living environment amidst rapid developments.
| Key Features | Details |
|---|---|
| Population | Approximately 40,000 in nearby regions |
| Connectivity | Excellent accessibility to major hubs |
| Developers | Emar, Mapsko, Vatika, and others |
Sector 104:
Known for its contemporary real estate projects, Sector 104 offers a serene living experience amidst lush greenery. Its proximity to Dwarka and Gurgaon, combined with access to rural areas, appeals notably to middle-income households. Upcoming commercial ventures, such as The Townwalk, further augment its charm.
| Key Features | Details |
|---|---|
| Population | Approximately 5,000 within the sector |
| Connectivity | Accessible to key areas in Gurgaon |
| Developers | ATS, Hero Homes, Godrej, Puri, and more |
Sector 88:
Labeled as “Vision City,” Sector 88 is evolving into a robust commercial center across the Dwarka Expressway. Significant investments are channeling into planned commercial projects and the adjacent Global City, fostering simultaneous growth in housing developments by prominent builders.
| Key Attributes | Details |
|---|---|
| Developers | Vatika, Godrej, M3M, Signature Global, Orris, Bestech |
| Infrastructure | Ongoing construction of commercial centers, office towers, SCOs, and a 5-star hotel |
| Connectivity | Direct access to Dwarka Expressway and proposed metro extension |
Sector 91: Emerging Connectivity Hub
Strategically positioned across the Dwarka Expressway, Sector 91 offers proximity to the IGI airport, convention centers, and key areas in Gurgaon. Despite lacking metro connectivity, it exhibits potential for retail development alongside the growth in residential and commercial projects.
| Key Highlights | Details |
|---|---|
| Connectivity | Accessible to Gurgaon hubs via NH8 |
| Developments | Retail hubs like Vatika Town Square, Saphire malls, and Gallexie-91 |
| Population | Approximately 40,000 households driving retail growth |
Sector 99:
Situated along the 8-lane Dwarka Expressway, Sector 99 benefits from convenient access to Delhi, Gurgaon, and the IGI Airport. The area’s proximity to major Gurgaon hubs, combined with ongoing residential, commercial, and retail projects, earmarks it as a prospective region for future growth.
| Key Advantages | Details |
|---|---|
| Connectivity | Close proximity to NH8 and major employment hubs |
| Prospects | Growing housing and commercial projects |
| Potential | Strong future growth potential with infrastructural developments |
Conclusion
These micro-markets along the Dwarka Expressway in Gurgaon exhibit promising growth trajectories. Their strategic locations, coupled with planned developments and upcoming infrastructures, position them as significant contributors to Gurgaon’s dynamic real estate landscape.
By – 360 Realtor
Also read: UP Cabinet Approval to Benefit 2.4 Lakh Homebuyers in Noida & Greater Noida Region