As a prospective homeowner, there are certain factors that you need to consider before you spend your hard-earned money investing in a new property. If you’re like other investors, you are likely to choose a prime location, for all the convenience that it offers. But the problem is that they do not come cheap. Having said that, one must also consider the fact that these locations mostly offer a higher return on selling and rentals. This is why it makes a lot more sense to invest in a property located in a well-connected residential area.
Top Residential Areas to Invest in Gurugram
If you are considering Gurgaon, find below a list of prime residential areas that are ideal for setting up a new home.
- Dwarka Expressway
- Sohna Road
- Golf Course Extension Road
- Sector 42
- Sector 54
- Sector 24
- Sector 25
- Sector 59
1. Dwarka Expressway
Northern Peripheral Road (NPR) or Dwarka Expressway as it is commonly known, is a well-known and preferred locality if you are looking to invest. One important factor to consider when you are buying a home is the return you will eventually get on your investment. Residential properties are the safest investment, guaranteeing a good rate of return. An 8 lane highway connecting Dwarka to Gurugram makes for a good residential area, particularly for commuters. If you’re worried about what the locality has to offer, there are malls, cinemas, schools, and hospitals to take care of all your immediate needs, so you don’t have to venture far.
2. Sohna Road
With plenty of ready-to-rent flats, Sohna Road is a gold mine when it comes to luxury furnished apartments. Surrounded by malls, restaurants, cafes, supermarkets, multispecialty hospitals, and medical stores, this area is preferred by a number of people looking to relocate. Sohna Road is in close proximity to a number of offices and entertainment hubs and is a good investment for those who love to be right at the heart of things. Roughly 30 kilometers from the airport and 20 km from the railway station, it is also well situated for those who commute frequently.
3. Golf Course Extension Road
If you’re looking for a place that is secluded to get away from the hustle and bustle of the city, this is bound to interest you. Golf Course Extension Road is well connected to New Gurgaon and Sohna Road and offers all the amenities and conveniences you would need to set up your home. Malls, schools, hospitals, banks and all your daily needs can be taken care of without you having to travel too far. There are many ongoing development projects in the area, the majority of which are real estate.
4. Sector 42
Sector 42 is a prime residential locality in Gurgaon. If you are planning to invest in luxury apartments, you should consider this area, which is conveniently located close to HUDA City Centre metro station. So, commuting and connectivity is not a problem here and you should have no problem getting around. Sector 42 is situated next to a number of offices and the international airport is roughly 16km away.
5. Sector 54
You might want to live here because of the great connectivity that the place offers. Strategically positioned close to arterial roads of Gurgaon, like Rajesh Pilot Road, Gurgaon Faridabad Road, and the DLF Golf Course Road, this neighbourhood is growing at a steady pace. You will find that the place is dotted with malls, schools, hospitals and banks, so it is unlikely for you to face any inconvenience. Commuting to other parts of the city is not a problem, as the Sikandarpur metro station is located a short distance away. The international airport is situated 21kms away.
You may also like to read: Best Time to Invest in Commercial Real Estate Market in Gurgaon
6. Sector 24
Looking for a place that won’t burn a hole into your pocket? Sector 24 probably has what you’re looking for. You can invest in flats, which are abundant in the locality, as well as independent houses. Sector 24 is a prime location in Gurgaon and considering all the convenience it offers, it is sure to give you a good rate of return. There are offices of several well-known companies here, which is another contributing factor to the popularity of the place. There are multiple shopping malls and other recreational centers in the area, making it a good place to settle down.
7. Sector 25
If you’ve been considering investing in real estate, you should check out Sector 25. Not only is it located at a junction that offers easy accessibility to the rest of Gurgaon, but it also has a number of shopping malls, schools, banks and hospitals to make your stay more comfortable. The area is also undergoing several infrastructural developments. You can choose from a wide variety of luxury apartments or private houses, both of which are likely to give you a good return on interest and a good rental income per month if you want to rent them out. Commuting is not a problem as the area is well connected and you will find all your transportation needs easily met. The international airport is just 11km away.
8. Sector 59
Parents with school-going children can consider investing in Sector 59. The area is well-developed with all the facilities and amenities that you need. There are a number of schools and higher education institutions in the area, as well as prominent offices which make this the ideal locality for a family to settle down. There should be no problem commuting as the area is well-connected and well-developed and the airport is just a short distance away.
What we can do for you
Whatever your property needs, NestAway has you covered. Whether you are considering to rent out your property or looking at the accommodation on rent, pick from a range of luxury villas and apartments in the top residential areas of Gurgaon.