Here's Why Sector 48 In Gurgaon Is An Upcoming Residential Hub

As Gurgaon as emerged as the corporate capital of north India, more and more people have relocated to the Millennium City to earn a living. This trend has made property expensive in Gurgaon, leading to a decline in sales. The spike in demand and the lack of land availability is fuelling demand in peripheral sectors of the city, including Sector 48. PropGuide lists the factors that make Sector 48 in Gurgaon a rising real estate hub.

New launchesGurgaon has attracted the attention of many investors, including the real estate group formed by US elected President Donald Trump. In collaboration with property developer IREO, the group is about to create a residential project named M3M Group and an office complex in the city. These new ventures are expected to spur demand for apartments in Sector 48 Gurgaon, apart from other areas of the city.

Excellent liveability Sector 48 in Gurgaon enjoys a great liveability with a rating of 8.9 on the scale of 10. The locality has close to hundred schools, 70 hospitals, 93 banks and 78 ATMs booths. Seamless connectivity and good amenities have stimulated demand for apartments and plots in Sector 48 Gurgaon. Some of the known developers in the locality includes names such as Novell Construction, Central Park, Vipul, SS, Bestech, Ashiana, Parsvnath, Eldeco and Victory Infratech. There is a total of nineteen upcoming projects in the locality.

Good investment betThe locality will offer a good return on investment. This can be gauged from the fact that in the past 43 months, the property prices in Sector 48 witnessed an increase of 9.5 per cent, thus, fuelling demand for new apartments in Sector 48 Gurgaon.

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