Luxury Apartments for Sale in Gurgaon Residential

Which Are The Best Areas For Investment In Real Estate In Gurgaon 2024?

Even though buyers look for good strategic locations in terms of connectivity, affordability, and amenities, they also look out for the return on investment that they can gain from the property. The rental yield, proximity to commercial hubs, and price appreciation are three of the most important indicators that help real estate property buyers understand the value of the apartments for sale in Gurgaon. In this blog, we’ll delve into some of the most lucrative areas where you can invest in real estate for the long term.

What are the Best Locations in Gurgaon for Investment?

    1. Sector 49: One of the most sought-after areas in Gurgaon is Sector 49, located near the Gurgaon-Sohna Road. The area comprises several residential complexes and independent floors. Developers in the area that add to the housing supply include Omaxe, Eros Group, and Vatika Group. For a semi-furnished 2 BHK flat, monthly rentals in this mid-segment location typically range from Rs 40,000 to 80,000. You get direct access to Udyog Vihar along with DLF Cyber City. Needless to say, this fuels the demand for residential plots in Gurgaon along with high-rise and low-rise apartments. The social infrastructure and connectivity have played a major role in making sector 49 a lucrative spot.

    1. Sector 108: This is one of the most rapidly emerging localities in Gurgaon. Here, you can get some of the real estate best options available Gurgaon. Both high-rise apartments and residential plots are available by reputed developers. The propinquity to sectors 107, 109, and 106 makes the area well connected. The place is also well connected with Cyber City and Udyog Vihar. Property prices here vary greatly from Rs 4000 per sqft to more than Rs 20,000. As the area is so well connected, it is expected that the area will spring up even more in the next few years.

    1. MG Road: The connectivity and commutation options available in MG Road have made it one of the hotspots for residential real estate investments. Within a 1 km radius of the area, you’ll get not one but two metro stations that are connected to the Delhi Metro – Sikanderpur and MG Road. In addition to this, IGI Airport is just 14 km away if you take NH-48. DLF and Suncity Projects are some of the few prime developers who have a presence in the area. If you have the bucks to shell out, then you can seriously consider this area.

    1. Nirvana Country: Nirvana Country is quite popular among real estate investors since it is close to Golf Course Extension Road, a rapidly rising business hub. Priced at around Rs 10,000 per square foot, it is home to integrated townships, condominiums, and low-rise housing complexes developed by Unitech Group. The area produces a rental yield of about 4% annually. Nirvana Country has a large selection of rental properties in addition to ready-to-move-in houses. Some of the best low and high rise apartments in Gurgaon are here. Given that it provides superior road connectivity and social amenities, it is among the crème de la crème areas in Gurgaon to invest in. This neighborhood is primarily preferred by working families and professionals, which has caused prices to rise by almost 20% over the past year.

    1. DLF City Phase 4: DLF City Phase 4, regarded as one of Gurgaon’s premier residential communities, is conveniently located between the Delhi Metro and the Rapid Metro. High-rise towers featuring luxurious 3 and 4-bedroom apartments are the most typical type of inventory available here. Some of the most wealthy people of Gurgaon live in DLF City Phase 4. Property prices have increased even though they have always been high. Despite the COVID, prices in the area have increased by more than 20% over the past few years. The majority of available homes are for resale, with rates per square foot being about Rs 13,500.

    1. DLF City Phase 5: The demand for homes in DLF City Phase 5 is fueled by several important features. This includes the area’s close vicinity to Indira Gandhi International Airport, Golf Course Road, Huda City Centre Metro Station, and DLF Cyber Hub. The property market in this area is also impacted by the widespread space shortage that exists throughout the entire city of Gurgaon. The secondary market is flooded with residential apartment buildings, yet there are no buildable land lots available. After a 15% price increase in the previous year, it is the most sought-after area for luxury purchasers, with average costs of about Rs 17,800 per square foot. The job centers along Golf Course Road and Southern Peripheral Road are the main drivers of the rental market here.

Conclusion

Due to several ongoing infrastructure projects that will improve connectivity to neighboring cities, including the Dwarka Expressway, Sohna Elevated Road, and Gurgaon-Rewari Highway, the future of Gurgaon real estate seems bright. This is the perfect time to buy a house in Gurgaon. You can consider Qwikk Returns to start your real estate journey.