[ecis2016.org] Sector 50 is a cosmopolitan suburban area located in south-eastern Gurgaon. It boasts of a flourishing real estate market
Gurgaon Sector 50 has a very urban culture and approximately 70% of the population speaks Hindi and English. The increasing cosmopolitan nature of the region, is the result of migration from other parts of Gurgaon. This has resulted in an increase in the prices of Gurgaon Sector 50 real estate.
You are reading: Gurgaon Sector 50 property market: An overview
In the past 5 years, the city has witnessed huge development. Mainly luxury residential complexes and independent villas are available. Apartments in Gurgaon Sector 50 range from 1-BHK to 8-BHK which are well-furnished with latest designs and amenities.
Leading builders in Gurgaon Sector 50 like Unitech Group, SS Group and The Close North/South by Unitech Group are predominantly active. Therefore, there is an easy availability of 2 and 3-BHK housing units.
Read also : Property rates & trends in Whitefield, Bengaluru
Employment hubs near Gurgaon Sector 50
- ZS Associates India Pvt Ltd and Honeywell International Pvt Ltd are two important corporate houses.
- Famous pharmaceutical house Reckitt Benckiser Group is also present here.
Read also : Property rates & trends in Whitefield, Bengaluru
Connectivity with nearby Gurgaon Sector 50 localities
- Well-connected to Gurgaon by metro.
- Close to National Highway 248.
- Huda City metro station is a major railway station located just 2.8 kilometres away from Sector 50.
- Gurgaon Bus Stop is the only important bus stop of this area and is good for travelling to the nearest areas.
- Connected to Delhi, Haryana, Noida and Ghaziabad via NH-48.
Read also : Property rates & trends in Whitefield, Bengaluru
Schools in Gurgaon Sector 50 include reputed ones like DPS International School, Lotus Valley International School and Kamla International Public School. Some well-known colleges in Gurgaon Sector 50 are ISBM Gurgaon, University Institute of Law & Management Studies and Institute of Business Management and Research. Leading hospitals in Gurgaon Sector 50 include Cloudnine Hospital and Park Hospital. Good Earth City Centre is among the major shopping malls in Gurgaon Sector 50.
Physical infrastructure in Gurgaon Sector 50
Unitech South City, Unitech Woodstock Floors and The Close North by Unitech Group are the popular and top apartments in Gurgaon Sector 50. Sector 50 is one of the fastest-growing suburban areas with world-class infrastructure and amenities.
Price trends in Gurgaon Sector 50
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Average price trends in Gurgaon Sector 50 revolve around Rs 7,000 to 9,000 per sq ft, with the average rate being Rs 8,230 per sq ft. The higher range is around Rs 10,092 per sq ft and the lower range is around Rs 6,375 per sq ft.
Read also : Property rates & trends in Whitefield, Bengaluru
Reasons to invest in Gurgaon Sector 50
Considering the price trends in Sector 50 and the rising demand, the area should prove to be a good investment. Excellent social infrastructure and good connectivity are the eminent factors behind Sector 50’s growth. Sector 50 is one of the most affordable locations in the suburbs. Apartments ranging from high to low price rates are available in this region. From good colleges, hospitals, malls to modern infrastructure, inhabitants are provided with an ample choice of amenities. Hence, investing in Sector 50 remains fruitful.
Check properties in Gurgaon Sector 50
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Source: https://ecis2016.org
Category: Lifestyle
