Property in Golf Course Road Gurgaon: Rising As Next Big investment Desitnation in Delhi-NCR
Gurgaon's Golf Course Road is poised to become city's futuristic hub. There have been increase in the number of residential projects in the area over the past ten years. The residential market has emerged as an ideal property investment destination in Gurgaon due to its central position in the city. Its affordable and mid end segment is expected to see 18 per cent price appreciation, so the properties that a year ago carried price tag of Rs.6500-9000 per sq.ft now cost Rs 6,800-11,500 a square foot.
The road has got its name from DLF golf course where the industry major has many luxury ventures. Sectors 55 and 56 along the golf course extension road already have a large number of cooperative group housing societies. The new stock coming up here 3,4 BHK luxury apartment complexes of 1,500-2 ,500 sq ft with price quote fixed at Rs.11,000 a square feet. Many multinational companies like Dell, American Express, Ernst & Young etc have their shops here.
Presence of corporate parks viz., Global Foyer, Paras Twin Tower, Suncity Etc has made the concept of “Walk to Work” famous among home buyers. Leading real estate players Emaar, Parsvnath, MGF, ABW and IREO have launched many projects alongside the road in pitch perfect harmony. The existing and upcoming projects here are fast emerging it as the ideal investment destination in the city. These make ultimate option for those who want to experience golf centric high end luxury living.
This road due to its central location with the stylish architectural structures, including retail outlets, premium schools, top health-care facilities right beside the residential condominiums attract a lot of investors seeking properties that will give a twist to their investment and future growth. Golf course road has delivered many good projects that comes with price tag that is equivalent to its location benefits.
Its proximity to IGI Airport, DLF's cyber city & cyber hub and social infrastructure with prime business & commercial districts envisages investors' delight. The signal free 16 lane golf course road with eight underpass and a flyover, covering about 8.3 kms of the city area has considerably reduced commuting time from Gurgaon NH8 to the Golf course RD. All these infrastructural advantages have been the major driving force for real estate boom and economic growth in the area.
In a nutshell, Gurgaon is growing along the road side. Where earlier there was only 20% development, and now with more than 50% growth combining residential & commercial projects, infrastructural developments and better transportation within the city, it offers a good mix of properties for end-user as well as the investor segment.