Lifestyle

Gurgaon Sector 37 property market: An overview

[ecis2016.org] Sector 37, located in Gurgaon is one of the most coveted and posh localities. Sector 37 is one of the dream destinations of home buyers to invest in, because of its proximity to Delhi, compared to the other localities in Gurgaon

Investment in Sector 37 real estate is catching the eyes of the home buyers. The highlight of this locality is its strong connectivity to Delhi and other parts of Gurgaon. The two roads that connect Delhi to Sector 37 are National Highway 8 and the Mehrauli Road. The residents of Sector 37 will have a third option, i.e., the Dwarka Expressway, which is under-construction. There is also an upcoming metro station connecting Dwarka to Manesar, which will be 1 kilometre away from Sector 37. The locality is in close proximity to the commercial areas like DLF and the 300 acres of SEZ zone.

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The demand for apartments in Sector 37 has escalated in recent times, because the locality offers strong social infrastructure, along with affordable prices, compared to other parts of Gurgaon. The buildings in Sector 37 are high-rise and new constructions. Almost all the flats in Sector 37 enjoy a lot of natural light and a view overlooking the beautiful greenery of the city. There are only few individual houses in Sector 37 available.

The renowned builders in Sector 37 include Ramprastha, BPTP, NBCC and ILD, who are leaders in building budget homes. They are launching 5 new projects, which will change the face of the locality. The upcoming projects in Sector 37 will offer luxurious living with the beautiful view of the greenery of the locality and all basic and advanced facilities at a budget that fits the pocket of the common man. The nearby localities of Sector 37 are Sector 9, Sector 10A, Sector 84, Sector 88A, Sector 88, Sector 99, Sector 102 and Sector 104.

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Connectivity with nearby Gurgaon Sector 37 localities

  • The Gurgaon railway station is 7 kilometres away and the Basai Dhankot railway station is 5 kilometres away.
  • The Indira Gandhi International Airport is about 30 kilometres away.
  • The major bus stations of the locality include Junction Bus Stop, Rama Hospital Bus Stop and ESI Hospital Bus Stop.
  • The NH-8 is 6 kilometres away from Sector 37.
  • Huda City is 12 kilometres away from Sector 37.

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Employment hubs near Gurgaon Sector 37

  • The DLF, Infocity and the upcoming SEZ zone, which are the major commercial hubs of Gurgaon, are very close to Sector 37.
  • Other commercial hubs of Gurgaon and Delhi are also easily accessible by the residents via the National Highway 8.

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Schools in Gurgaon Sector 37 and other social amenities

Sector 37 provides a very well-developed social infrastructure. The good schools in Sector 37   include Colonel’s Public School and Alpine Convent School. The leading hospitals in Sector 37 include Pratiksha Hospital and Kamla Hospital. The popular malls in Sector 37 include Central and Raheja Mall.

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Physical infrastructure in Gurgaon Sector 37

The type of residential properties available in Sector 37, include apartments, individual houses and plots. The opening of the Dwarka Expressway and proposed metro expansion between Dwarka to Manesar, are the major upcoming projects in Sector 37. There is a high scope for property prices to escalate, with the major infrastructural developments.

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Read also : Security Deposit! How Landlords Can Deal With This Aspect of Lease Agreement

Read also : Shapoorji Pallonji, Allianz announce USD 500 million equity JV, aimed at office market in India

 

  • Price appreciation – 3.5% over the last one year.
  • Current property rates – Rs 3,655 – Rs 4,378 per sq ft.

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Reasons to invest in Gurgaon Sector 37

Considering the price trends in Sector 37 and the rising demand, investment in this locality will be a wise option. The highways close to the locality may impact the crime rate in Sector 37. Looking at the future prospects and the price appreciation of real estate in Sector 37, it is definitely a good decision to invest in this locality, which has the potential to become one of the most sought-after localities in Gurgaon.

Check Properties at Gurgaon Sector 37

Source: https://ecis2016.org/.
Copyright belongs to: ecis2016.org

Source: https://ecis2016.org
Category: Lifestyle

Debora Berti

Università degli Studi di Firenze, IT

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