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Gurgaon Property News:
Realty in Gurgaon: New Spheres
Gurgaon’s rocketing realty reality is not a slave to
upmarket satellites of New Gurgaon now. Citizens are looking past
the millennium town now, moreover according to industry
connoisseurs, the subsequent destination for realty investors is the
Gurgaon-Sohna road, on the Delhi-Jaipur highway.
With New Gurgaon facing tribulations like parking, want of
infrastructure and swelling prices, several are exploring the
Gurgaon-Sohna road as the upcoming paramount choice. Many upcoming
private apartment building blocks along this particular stretch are
chiefly motivating the interest. From extravagant penthouses to
studio apartments, all is obtainable, and in addition at very
economical prices, contrasting the case of other segments of Gurgaon
by MG Road. In fact the discrepancy in value between apartments with
alike condition in New Gurgaon and the Gurgaon-Sohna Road is at
times as much as Rs 10 lakh.
Private developers are making a boom for the area. These include,
inter alia, Parsvnath, Eros, Unitech, Uppals, and Vatika, and
suddenly the average homebuyer has an overabundance of alternatives
to choose from. Presently, apartments are priced at Rs 25 to Rs 28
lakh. For individuals who found Gurgaon prices disturbingly high,
the Delhi-Sohna road area is the principle choice since it gives the
equivalent house at greatly lower prices. However, it is to be noted
that prices here have escalated by approximately 25 per cent, in the
case of apartments, since previous year.
With the arterial highway planned for a mid-2006 conclusion, it
won’t be astounding that the Gurgaon-Sohna Road leaves New Gurgaon
far behind.
From
Economic times
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