All You Need To Know About Sector 67 Gurgaon Realty Market
Despite a slowdown in new property launches in Gurgaon (Now Gurugram) , the Millennium city effortlessly manages to meet the growing demand for quality housing. As per PropTiger DataLabs report, the satellite town has seen a drop in new launches by 34 per cent in the second quarter (Q2) of financial year 2016-17 (FY17) . However, there are some localities that have remained unaffected by the stagnancy of Gurgaon Real Estate. One of them is Sector 67 which is a bustling premium location with well-developed social infrastructure and remarkable connectivity features.
PropGuide explores the prime features of this hot micro-market in Gurgaon.
High-end lifestyle guaranteed
Buyers would find ample residential options for a promising lifestyle. There is the availability of numerous resale properties along with luxury projects in Sector 67 Gurgaon including penthouses and duplexes. Sector 67 is a thoughtfully planned township with wide roads and quality civic amenities. Residents of the locality have access to best-in-class social infrastructure comprising shopping malls, hospitals (Fortis Hospital at 6 kilometres from the region) and educational institutions.
Plush offices of renowned MNCs, IT and ITES companies are in the neighbourhood. Companies like HCL Technologies Ltd., Maruti Suzuki India Ltd., Genpact and Convergys have their offices in the vicinity and this boosts employment opportunities as well.
Proximity to Delhi and other regions
Smooth connectivity is ensured via bus transportation services offered by Haryana Roadways, linking the township to neighbouring cities such as Delhi, Uttar Pradesh, Rajasthan and Chandigarh. Delhi-Gurgaon Expressway and NH 248a provides excellent connectivity to this region. With the government spending Rs. 900 crore on the National Highway 8 and the smart city project successfully underway, the liveability of Sector 67 has further enhanced.
The Golf Course Extension Road (1 Kilometre) , Golf Course Road (3 Kilometre) & Sohna Road (2 Kilometre) which are further connected with MG road via Gawal Pahari Fadibad Road bolster the connectivity aspect. They link the area to other localities including Huda City Centre Metro Station. The Indira Gandhi International Airport is also easily reachable from this location.
Sector 67 is also a commercial hub with several new launches of office and retail spaces expected soon such as M3M Cosmopolitan, M3M Urabana and AIPL Joystreet.
Present market and future trends at Sector 67
The locality is currently undergoing development and will take a year or so to become liveable. A considerable chunk of residential properties is nearing completion. The future appears bright for the location as it might witness a ROI of 10 to 15%, 2 years from now. Leading builders of the Indian realty market namely Ansal Api, M3M, Ireo, Bestech and Shree Vardhman are very active in the territory.
Some promising projects include:
IREO Victory Valley: A 25-acre property with 868 units of 2, 3 and 4 BHK homes of sizes between 1,435 sq ft to 6,900 sq ft. The gated community houses impressive 51-floor towers as well as awe-inspiring themed gardens.
M3M Merlin: Sprawling over 13.34 acres, the housing complex provides 510 units of 3 and 4 BHK homes of sizes varying between 1,844 sq ft to 5,791 sq ft. Strategically placed, the world-class apartments are designed as per Singapore style.
Bestech Park view Spa Next: The project has an area of 11 acres and comprises 458 units of 3 and 4 BHK homes of sizes varying between 1,790 sq ft to 3,983 sq ft. Lavish amenities have been provided for the residents.