Lifestyle

Gurgaon Sector 48 property market: An overview

[ecis2016.org] Sector 48 Gurgaon is an emerging area of the National Capital Region surrounding Delhi. It is presently booming with developments in real estate

The capital city of Delhi is undoubtedly one of the most sought-after places by the citizens of India. However, owing to the complete saturation, the outskirts have expanded leading to new areas, one of them being Gurgaon. Sector 48 is an upcoming area of Gurgaon in the state of Haryana.

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Equipped with state-of–the-art facilities and availability of all kinds of basic amenities, Sector 48 is one of the cosmopolitan regions of India. It ranks third in terms of economy, closely trailing after Mumbai and Chandigarh. Consequently, today, several Gurgaon Sector 48 real estate projects are coming up to tackle the rising migration of people.

Leading builders in Gurgaon Sector 48 are Development Forum India, Ans Realty Services Pvt Ltd and Mayfair Properties & Developers with a wide range of projects starting from posh apartments to villas.

 

Connectivity with nearby Gurgaon Sector 48 localities

Read also : ‘Only adoption of global best practices can help developers regain buyers’ trust’

Sector 48 is well-connected to:

  • Metro station – the nearest station is Huda City Centre metro station, 10 kilometres away.
  • National Highway 8.
  • Faridabad, Badshahpur, Pataudi, Sohana, Panchkula, Ambala as well as Delhi and Noida, through roadways as well as railways.

 

Schools in Gurgaon Sector 48 and other social amenities

Some esteemed schools in Gurgaon Sector 48 include the Doon Consulting, GD Goenka Public School and Eden Castle School. There are some good colleges in Gurgaon Sector 48 too, such as KR Mangalam University. In cases of medical emergencies, there are various hospitals in Gurgaon Sector 48, such as the Park Hospital, Alchemy Diagnostic Centre, First Care Clinic, Quest Diagnostics India and Sparsh Hospital. In addition, there are places to hang out with malls in Gurgaon Sector 48, such as Big Bazaar, Platinum Tower, Raheja Mall, AVA Court and Celebration Mall.

 

Physical infrastructure in Gurgaon Sector 48

  • The Haryana Urban Development Authority is coming up with new projects, such as Dwarka Expressway that will connect Sector 48 to various regions of Delhi.
  • It is an important hub/station in the metro of Gurgaon covering six locations.

 

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The current price trends in Gurgaon Sector 48 are as follows:

  • Rs 9,163 per sq ft for multi-storey apartments.
  • Rs 6,531 per sq ft for apartments in buildings.
  • Rs 6,284 per sq ft for residential plots.
  • Price appreciation varies from 2-6%.

 

Reasons to invest in Gurgaon Sector 48

Today, numerous people are flocking towards Sector 48 in search of better opportunities in the education and employment sectors. This is because several IT/ITeS companies, BPO and KPO companies and engineering firms, have flooded the Special Economic Zones of Sector 48, thereby, creating ample amount of career scope for all. Taking into account the reasonable price trends in Gurgaon Sector 48, it is an excellent place to invest.

A major concern is the crime rate in the region. However, strict action is being taken to make this place one of the best hotspots of investment and economical development.

Check properties in Gurgaon Sector 48

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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