Gurgaon has witnessed introduction of some of the most
exclusive real estate projects in the national capital region. The article
discusses about some of the eminent builders and their projects which would
further change the real estate scenario of Gurgaon.
The
Millennium city of India, Gurgaon has lived up to its name. The city is home to
a number of MNCs, domestic companies, NGOs, world class hotels and health care
centers. The population of city has increased and crossed 16.5 lakhs in August
2012. It is now become costlier to invest in the properties in the city center,
such as property in Gurgaon. Some
other sectors like 14, 11, 31, 32, 43, 49, 37, etc. have been the center of
real estate development in the past. The
properties in these localities are now mostly available for resale.
Seeing the
surging population and increased demand for the properties in Gurgaon, a number
of reputed real estate companies such as Assotech Ltd., Chintels India Limited,
Emaar MGF Land Ltd (EMGF), etc., have come up with a number of options to
accommodate the increasing population.
One of the builders Assotech Ltd has launched a project named
Assotech Blith, which will be ready for possession by the end of the year 2015.
According to the officials from the company, the company is ready with its
sample flats to help the buyers to check, and the construction is also paced.
Harmony by
the Unitech Group is a luxury project. The residential units are priced at a
range of Rs. 1.47-2.83 Crores. This residential property in Sector 50, Gurgaon is quite
popular among the high end buyers. The 2/3/4 BHK flats will be available in the
size range of 1724-3331 sq. ft.
Another such group is Chintels Serenity by Chintels India Limited,
which is constructed in an area of over 400 acres in New Gurgaon and some parts
of Delhi. The project comprises of two residential towers and will be completed
by the year 2023 with an expenditure of over Rs 4,500 crore.
Imperial Gardens by EMGF is a luxurious residential project in
Sector 102, Gurgaon, which would comprise of 580 3 BHK residential units, each
constructed on an area of 2,000 sq. ft. The project would offer modern gated
community lifestyle.
Ramprastha Group is planning to launch a new residential project
named Primera, where the properties will be available at a price of Rs 6,500
per sq ft. The Ramprastha Group has many more upcoming residential projects in
its kitty and it has plans to deliver around 5 lakh units in the coming 5-6
years.
Hermitage, the group housing project by the Satya Group on Dwarka
Expressway in Sector 103 is another name in the luxury home segment of Gurgaon.
The group has plans to launch 2 more residential projects on the Dwarka
Expressway.
Real Estate Development of
Sohna Road
Seeing
the tremendous growth opportunities in the sub urban localities of Gurgaon, the
government has taken various steps to boost up the adjoining areas of Gurgaon,
like Sohna Road. The government has come up with the Sohna Master Plan 2031,
after approval of which, a number of industrial, commercial as well as residential
projects will be introduced in the region in near future. According to
the new master plan, more than 20 new sectors will be constructed in Sohna
Road. The plan suggests that more than 28% of the area will be allotted for
residential development; where as 20% of the land will be allocated for
industrial purposes.
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