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Why Golf Course Road In Gurgaon Is A Promising Real Estate Hub

October 18, 2016   |   Mishika Chawla

Golf Course Road in Gurgaon is an emerging real estate hub. It is surrounded by many prominent sectors of Gurgaon. Posh areas in Phase I, Phase IV and Phase V makes Golf Course Road an excellent choice for residential and commercial purposes. In the past 41 months, property prices in Golf Course Road have risen by 59.1 per cent. This has led to rising demand for plots in the Golf Course Road.

Proximity to commercial hubs

Golf Course Road is well connected to Corporate Park, Cyber City, Suncity Business Park, Time Tower and other commercial hubs of Gurgaon. Genpact, Ernst & Young, American Express, Vertex, Hewitt, Dell and Veritas are some of the companies that have offices in the Golf Course Road. This attracts a large number of working people to the locality. So, the demand for apartments in Golf Course Road is rising.

Good connectivity

Projects in the Golf Course Road enjoys good connectivity to transportation networks. Commuting is easier for residents, because the Golf Course Road is well connected to the Gurgaon-Sohna Road and the National Highway 8. Moreover, the Indira Gandhi International Airport and the New Railway Station are located at a distance of 24 and 37 kilometers respectively. Even the Rapid Metro Rail Ltd. will be extended form Sikanderpur to sectors 55 and 56 along the Golf Course Road. Comfort and convenience is attracting more and more people, and this has led to greater demand for apartments in the Golf Course Road.

Upcoming projects in Golf Course Road

Golf Course Road is witnessing the construction of new apartments.  Easy access to transport is the main factor leading to this increased demand for apartments in Golf Course Road. As a result, more and more developers are constructing projects in this locality. DLF, one of the leading players in the industry, has built projects such as Magnolias, Camelias, Aralias, Pinnacle, the Icon and the Belaire. Exotica by Developers, Belmonte by Vipul and Suncity are some of the prominent projects in the Golf Course Road. The average property price in the locality is Rs 14, 504 per sq ft.

Price trends

Golf Course Road's strategic location makes it a great investment bet. From January 2016 to September 2016, property prices rose from Rs 17, 703 per sq ft to Rs 19, 269 per sq ft. Both investors and end users are keen on buying properties here. As a result, new apartments in Golf Course Road are coming up.

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