Realty hot spot series: An emerging residential area in Delhi NCR

In this week's ET Wealth realty hot spot series we take a look at an emerging residential destination of New Gurugram, Gurugram. The area covers the localities of New Gurugram, Sector 95A, Sector 84 and Sector 76 of Gurugram. The locality has a good mix of ready-to-move-in and near completion residential projects by well-known developers. It has excellent connectivity to to Manesar, Central Gurugram and Delhi via NH-48, Dwarka Expressway and Southern Peripheral Expressway (SPR). It has the key social infra such as Delhi Public School, Xavier’s High School and Genesis Hospital.

New Gurugram is 27 KM away from the airport, 16 KM from the nearest railway station and 3 KM from NH48. The price range of apartments in the area is between Rs 3,700 per square foot and Rs 7,000 per square foot. The average cost of 2 BHK is Rs 62 lakh, 3 BHK is Rs 92 lakh and 4 BHK costs Rs 1.28 crore.

Highlights

• New Gurugram is an emerging residential destination comprising of sectors 76 to 95A in Gurugram
• Good connectivity to Manesar, Central Gurugram and Delhi via NH-48, Dwarka Expressway and Southern Peripheral Expressway (SPR)
• Micro-market has a good mix of ready-to-move-in and near completion residential projects by well-known developers
• Presence of key social infra such as Delhi Public School, Xavier’s High School and Genesis Hospital

• Schools 20+
• Hospitals 10+
• Restaurants 10+
• Banks 10+
• Grocery Stores 20+
• Petrol Pumps 10+

Source: Magicbricks