Gurgaon – the Millennium City, has witnessed tremendous growth in the last decade. The influx of the biggest multinational corporations, accelerated infrastructure growth, and amiable government policies – have all contributed to the boom in real estate in Gurgaon. With that said, not all regions in Gurgaon are the same. Some areas score higher on real-estate investments offering huge returns and higher rentals.
Here, in this guide, we compare three areas in Gurgaon – South Gurgaon, New Gurgaon, and Dwarka Expressway – that have emerged as real-estate hotspots.
Also known as Sohna Road or Sohna in short, South Gurgaon is one of the major real-estate hotspots in Gurgaon. As the name implies, this region lies to the South of downtown Gurgaon and is just 28kms from the airport, 12kms from NH-248A and 17kms from the Gurgaon railway station.
The pantheon of recent commercial developments along Cyber City and IFFCO Chowk, especially along the Sectors 28, 29 and 44, has thrust South Gurgaon to emerge as a top real-estate destination in the region.
Here are a few reasons why South Gurgaon (Sohna) is a great choice for real-estate investments.
Excellent Connectivity and Accessibility
Accessibility is one of the highlights of South Gurgaon. It’s away from the chaos of downtown Gurgaon, yet is easily connected within a few minutes drive to the major commercial hubs of Golf Course Road, Cyber City and shopping malls in the city.
You can reach the key transportation hubs of Indira Gandhi International Airport and Gurgaon Railway Station easily. Furthermore, once the Sohna Elevated Road is completed, you can easily reach South Gurgaon bypassing the congested centre of the city.
Sohna Elevated Road under Construction
This elevated road, when completed, will connect Subhash Chowk to Badshahpur, providing seamless connectivity to South Gurgaon to the rest of the city. Furthermore, the Sohna Road is currently being expanded to a 6-lane National Highway.
World-class Educational Institutions
South Gurgaon is home to several reputed schools and colleges, within a 15km radius, making it a great home base for families with school-going children. Some of the popular educational institutions located in this area include – St. Xavier’s High School, Pathways International School, DPS Maruti Kunj, Ryan International School, ASIAN Public School, GD Goenka Signature School, J.K. Business School, K.R. Mangalam University, and G.D. Goenka University.
Infrastructure and Amenities
South Gurgaon is home to several luxury hotels like the Lemon Tree, Westin Resort, Taj Gateway Resorts, Park Plaza, Fortune, Country Inn, The Botanix Resorts, etc. It also has several world-class hospitals like Fortis Hospital, Medicity, Max Hospital and other commercial establishments like shopping malls, Big Bazaar, Shoppers’ Stop, multiplex cinema halls (Reach Commercia, Elan Town Centre) and more.
Close Proximity to the DMIC
The Delhi-Mumbai Industrial Corridor is one of the most ambitious, infrastructure projects in India, connecting the country’s two biggest metros. South Gurgaon lies close to the DMIC along the Kundli-Wal Expressway and is expected to see huge industrial growth.
South Gurgaon is situated at the foothills of the lush Aravali Hills. According to the master development plan of this region, South Gurgaon will see commercial and infrastructure development, without damaging the green surroundings of the region.
Established Property Developers
A group of top 11 developers – Ashiana Housing, ILD Developers, Central Park, MKS Ventures, Silverglades, Gold Souk, and others have come together to develop this region. With a special focus on residential property, these developers offer high-quality, comfort homes in South Gurgaon at affordable rates.
Apart from affordable homes, these developers also offer value-added homes like Ashiana kid-centric homes. Other such projects are in the pipeline for this region.
In a Nutshell: South Gurgaon is an excellent choice if you are looking for affordable properties with world-class amenities.
Good connectivity and future infrastructural growth are two main reasons why New Gurgaon is emerging as a real-estate hotspot in the NCR. New Gurgaon comprises sectors/areas that lie beyond the second toll plaza on NH-8. This region extends on both sides of the highway and is accessible via internal roads. It is an emerging real-estate destination and comprises the newer sectors of Gurgaon like Sectors 82, 83, 81, 79, and 95.
Why choose New Gurgaon for Real-Estate Investments?
Potential for Future Growth
This region has tremendous potential for future infrastructural growth. With several projects in the pipeline, it is expected that this area will see a huge boom in growth in the next decade. However, real-estate investors have to note that most of these projects are scheduled for the future, and right now, the region lacks adequate infrastructure.
New Gurgaon is just a few minutes drive away from the Indira Gandhi International Airport. It enjoys good connectivity to the KMP Expressway, Dwarka-Gurgaon Expressway, and NH-8 Highway.
Hub of Start-ups and SMEs
Due to current property rates (that are cheaper compared to other established hubs in Gurgaon), New Gurgaon is home to several start-ups and SMEs.
In a Nutshell: While property rates are affordable and the region promises future infrastructural growth, right now, it lacks world-class amenities and required commercial/retail infrastructure.
Also referred to as the Northern Peripheral Road, Dwarka Expressway is another hot real-estate destination in the NCR. It includes the areas of New Palam Vihar, Bijwasan, and Kherki Daula, and converges with the NH-8. The Expressway runs parallel to the NH-8 and merges with the highway ahead of the IFFCO Chowk area.
Here are a few reasons to invest in Real-estate in Dwarka Expressway:
It’s close to Indira Gandhi International Airport and the rest of Delhi. According to the new master plan of Gurgaon, this area will get well-built 100m roads, that will connect the proposed metro corridor to the Diplomatic Enclave. Furthermore, the 18km Expressway is close to several upcoming SEZs near Kherki Dhaula.
Ideal for long-term Investors
If you are an end-user looking for a home to reside in, then it’s better to give this area a pass. Dwarka Expressway right now lacks the required amenities and infrastructure for end users. However, if you are an investor with a long-term horizon, then you can consider investing here.
In a Nutshell: Dwarka Expressway is an upcoming real-estate hotspot in the NCR, that is ideal for long-term investors.
Comparison of these three hot Real-Estate Destinations in the NCR
|Features||South Gurgaon (Sohna Road)||New Gurgaon||Dwarka Expressway (North Peripheral Road)|
|Average Price in 2019(Source: Makaan)||Average price at Rs. 1.83 crores.||Average price at Rs. 1.13 crores.||Average price at Rs. 1.05 crores.|
|Property Price Trend(Source: Makaan)||Up for the last six months||Down since the last six months||Down since the last six months|
|Distance from Connaught Place, New Delhi||46.5 km||43.3 km||41.5 km|
|Distance from Gurgaon (IFFCO Chowk)||21.6km||19.8km||18km|
|Schools||St. Xavier’s High School, Pathways International School, DPS Maruti Kunj, Ryan International School, ASIAN Public School, GD Goenka Signature School||Bharat Ram Global School, DPS Sector 84, MatriKiran High School||Imperial Heritage School, DPS Sector 102A|
|Hospitals||Fortis Hospital, Medicity, Max Hospital, Samvit Hospital, Polaris Hospital, Ektaa Hospitals||VPS Rockland Hospital, Artemis Hospital, Medanta||Satyam Hospital, S.R.S Hospital, Shri Bala Ji Hospital, and Trauma Centre|
|Shopping Malls||Omaxe City Centre, Omaxe Celebration Mall, Raheja Mall||Vatika Town, Ambience Mall||83 Metro Street|
|Ideal For||Families, Rental Income, first-time investors||Long-term seasoned investors||Long-term seasoned investors|
Ashiana, Ashiana Housing build homes. Homes surrounded by vast green spaces and fresh breeze. Homes cocooned in secured gated complexes. Homes where futures are forged and there are opportunities to grow. And Homes in environments brimming with healthy activity, trust and respect. At heart, we build communities with care.
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11 months  ago
Hiiii, Thanks for posting such an informative and useful article. Your article helped me a lot to create my own blog. Your article helped me to reshape and mold my article. Thanks, keep up the good work and keep on posting. Thanks Ashiana.
Dear Prashant, We are happy to know you liked our blog. Subscribe us to get ahead on the real estate news and updates. Regards, Team Ashiana
1 year  ago
thank you for sharing. keep posting. Information is really useful!
Thank you Swanthana!