6 awesome facts about south of gurgaon

 

Experts are already calling it the rising star of Gurgaon and whatever your take on the Millennium City (or its traffic), there is no denying that South of Gurgaon – also known as Sohna – will continue to soar to new heights for the next 16 years (at least). 

South of Gurgaon is steadily poised to become what Gurgaon ought to have been and there lies the twist in the tale of Gurgaon’s success. Many cities want to emulate Gurgaon’s growth model – but avoid its haphazard planning. Although Haryana Government is trying to address Gurgaon’s infrastructure woes (and that will take time) – it is also helping to develop more residential, commercial and industrial space – amply available on the south of Gurgaon.

Gurgaon – as you may already know – is a leading financial and industrial hub. It has one of the highest per capita incomes in India and being close to it has many advantages.

“There is a large inflow of working population into Gurgaon every year, which translates into strong demand for housing in peripheral areas”[1]. This is one of the major reasons why there is such a huge rush of end users towards South of Gurgaon, which is so well connected to Gurgaon.

So what are the 6 awesome facts you can’t ignore about South of Gurgaon? We list them below – but not in any order of priority.

South of Gurgaon Is Easily Accessible From All Major Cities in Delhi NCR
South of Gurgaon possesses a strategic (and great) geographical location. It is easily accessible from all the major cities in Delhi NCR, i.e. South Delhi, Gurgaon, Faridabad and Noida – and will be even more accessible moving forward, as you will read below.

Close to Gurgaon – The Millennium City

  • Just a 15 Km  from Gurgaon’s prime Golf Course Extension Road
  • Hassle free drive from Rajeev Chowk, NH8, Subhash Chowk and Hero Honda Chowk

Well connected to major landmarks

Educational Hubs
Close to school & educational institutes: SCJ World School, GD Goenka World School, Ryan International School, DPS, St. Xavier's High School, Alpine Convent School, The Heritage School, KR Mangalam University,  Ansal University etc.
 
Health Centres
Close to hospitals & medical centres: Medanta Medicity, Artemis, Fortis &  Max Healthcare etc.
 
Hospitality
Close to hotels like: Country Inn, Westin, Crowne Plaza,  Vivanta (Taj) etc.
 
Business Hubs
Close to top MNCs like:  Cognizant, Google, TNS  Software, Huawei, Aricent, Pfizer,  Genpact  Much more  
 
Retail & Entertainment Hubs
 Stores like Shopper’s Stop, Big Bazaar, Bharti Easy Day, Spencer, Aditya Birla’s More, Food Courts, etc. 

South_of_Gurgaon_Map

Future Connectivity

South of Gurgaon’s strategic location (from a residential, commercial and industrial perspective)is being further strengthened to reduce travel time to other NCR cities (or beyond) – via upcoming projects such as:

  • Metro connectivity from HUDA City Centre, Gurgaon
  • Badshahpur Flyover, a 2 km elevated road for a fast, hassle-free drive
  • Orbital Rail Corridor connecting with all major cities of the NCR
    (and beyond)
  • Kundli–Manesar–Palwal (KMP) by pass from the south side of South of Gurgaon (under final stages of execution)
  • Delhi-Mumbai Freight Corridor (DMIC)[ii]

South of Gurgaon Will Gives You a Higher Return on Investment

Due to the shortage of land in Delhi and Gurgaon, almost every major developer has invested in South of Gurgaon property. Property prices here have actually risen by 10-15%[3].
But in contrast – over the same period of time:

  • Property prices fell in many of Delhi’s prime areas (see below) by 10-20%:
    i. Vasant Vihar, Defence Colony, JorBagh, Golf Links, West End Shantiniketan, Prithviraj Road, Aurengzeb Road
  • Property prices in Gurgaon remained static (Rs. 6500 – Rs. 17000 psf) – with discounts being offered to promote sales
  • Property prices in Noida remained static (Rs. 5500 – 8000 psf) due to excessive inventory, and developers under pressure to sell

This points to 2 things


Buyers and investors:

  • Paid 10-20% less for properties in South Delhi, Gurgaon and Noida
  • Paid 10-15% more for properties on South of Gurgaon

It also points to an important trend

Many experts – including the Government of Haryana – feel that this positive trend of property appreciation on South of Gurgaon will continue for at least the next 16 year still 2031, by which time:

South of Gurgaon’s population will grow 10-fold to reach the 6, 40,000 marks…
…but in a more planned manner than Gurgaon

The growth of South of Gurgaon will also be fuelled by two more important factors:

  • The outsourcing industry, which hires more than 5 lakh people in Gurgaon (directly and indirectly), and over 200,000 workers in factories including Honda’s and Maruti’s (in or around Gurgaon)[4], will continue to grow – and fuel the demand for housing that Gurgaon cannot possibly meet.
  • More than 250 of the Fortune 500 companies, it is estimated, have their offices in Gurgaon[5]. These include companies like PepsiCo, Coke, Gillette, Google, Dell, Microsoft– to name a few – along with Maruti, Hero Honda and other Indian companies. As more companies come in, they will find a more cost-effective property option on South of Gurgaon compared to Gurgaon.

For all these reasons, buyers and investors looking for affordable housing options or long-term investment horizons are taking advantage of this opportunity now before it slips out of hand. Because they know that once the infrastructure projects and industrial estates are up and running, the prices will skyrocket.

You Will Find South of Gurgaon More Affordable
Gurgaon’s residential real estate market is overcrowded and expensive – like Delhi’s. If you’re working in Gurgaon and are on the lookout for affordable housing in the Millennium City, chances are good (pun unintended) that you won’t find any option within your budget – unless you’ve sold or inherited property.

So investors and buyers have started moving towards the next best option–Gurgaon’s outskirts – i.e. the 23 km stretch on South of Gurgaon. It presents a golden opportunity in terms of cost, connectivity and infrastructure– because it offers you one thing Gurgaon cannot:

Affordable, high-quality housing at half the price

South of Gurgaon Is The New Home to World-Class Infrastructure& Facilities
The greatest thing about South of Gurgaon is that it provides you with the best of both worlds at half the price:

  • The luxury of living away from the chaos of a crowded megacity (Gurgaon)
  • Best-in-class amenities, safety and security

So after a hectic day, you can still unwind easily by heading to your gym or going convenience shopping – all within walking distance.

At least 14 things you will start seeing soon on or around South of Gurgaon are:

  • Wider and better roads
  • A sequential, more organized development of housing and commercial projects
  • More schools and hospitals near residential areas
  • A 2 km elevated road towards Badshahpur Market
  • An 8-km long, 60-meter wide sector road from Golf Course Extension Road (Gurgaon) to Sector 5, Sohna
  • A 6-lane, 90-meter wide South of Gurgaon – with National Highway status
  • 2 clover-leaf junctions on the KMP Expressway to further enhance accessibility
  • A Disney Park
  • A 1700-acre Industrial Model Township (IMT) – 3 times the size of IMT Manesar –between Sohna and KMP Expressway
  • 3 Theme Hubs
    i. Leisure Hub
    ii. Sports Hub
    iii. Leather Hub
  • The world’s 2ndlargest Gold Refinery by MMTC
  • 6,110 hectares (15,725 acres) of world-class development
  • 5000 Acres of planned residential and commercial development in over 20 Sectors along with 2600 acres of open green spaces
  • Keystone Knowledge Park and Biotech SEZ for the Pharmaceutical industry
    (on the Sohna-Palwal Road)

South of Gurgaon Is Greener than Gurgaon

If you’re a nature lover who prefers to return home to a calm neighbourhood and a fresher environment, you will find living on South of Gurgaon a lot more invigorating than living in Gurgaon, because:

  • South of Gurgaon is home to Damdama Lake– one of Haryana’s largest natural lakes –and an environmentally protected zone.
  • South of Gurgaon is flanked by Aravali Mountains– one of the world’s oldest mountain ranges – and also an environmentally protected zone.
  • South of Gurgaon is popular for its hot sulphur springs[6] – known for their medicinal properties. The springs are located at the foot of a rock and are capped by a dome believed to have been built in the 14th century, though they are believed to date back to the times of the Pandavas.
  • It will always have a green cover of more than 2600 acres.

South of Gurgaon Will Soon Be What Gurgaon Ought to Have Been

Many of us who are all too familiar with Gurgaon are actively considering shifting a little further off – to a cleaner, better planned location nearby because:

  • Gurgaon roads are generally overcrowded and often unnavigable, especially during peak hours
  • Gurgaon lacks basic civic facilities such as:
    i. Drainage and sewage systems ii. Public sidewalks iii. Adequate parking iv. Decent roads v. Proper citywide system of public transportation vi. Proper public garbage disposal system

Gurgaon has about 10% of Delhi’s population but is almost as bad as Delhi in terms of air pollution (Delhi is one of the most polluted cities in the world, and according to some estimates, the most polluted city in the world).

For all the reasons that you just read, experts are calling South of Gurgaon the rising star of Gurgaon. If you’re interested in living or investing in one of India’s wealthiest districts – you will definitely not want to miss out on this golden opportunity. So do check it out now…before it’s too late!

What other valuable information can you share with us about South of Gurgaon? Do let us know – we’d love to hear from you!

[1] Om Ahuja, CEO, Residential, Jones Lang LaSalle, on Magicbricks.com

[2] The ambitious 1,483km-long, 100 billion dollar Delhi-Mumbai Industrial Corridor (DMIC) runs close past South of Gurgaon. It is India’s most ambitious programme to develop new industrial cities as Smart Cities – with industrial estates along with the KMP corridor – that will add tremendously to the value of investments (and jobs).
[3]Jones Lang LaSalle Blog
[4]Hindustan Times–Gurgaon is an example of how not to urbanise India

[5]Hindustan Times–Gurgaon is an example of how not to urbanise India

[6] Located in the heart of Sohna town, by the side of a perpendicular rock.

BLOG COMMENTS

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