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Why Gurgaon's Sector-79 Is An Emerging Market For Buyers

December 13 2016   |   Mishika Chawla

With a large number of corporate houses setting up their offices in the Millennium City, Gurgaon is fast-emerging as buyers' destination. As the city has a good number of floating population, the last few months have seen a spurt in demand for apartments in Gurgaon. As a result of this, peripheral sectors such as Sector 79, Gurgaon, are also witnessing an increase in property prices. From January 2016 to October 2016, the property prices in Gurgaon rose from Rs 5, 466 per square foot to Rs 6, 265 per square foot.

Smooth connectivityDwarka Expressway is the lifeline of the area connecting Gurgaon with Delhi. Offering seamless connectivity to the commuters, its opening has given a leg-up to many residential properties in Gurgaon, including Sector 79.

Livability indexThe sector enjoys a liveability index of 6.6 on the scale of 10. Enveloped by prominent sectors such as Sector 80, Sector 81, Sector 82, Sector 82A, Sector 83Sector 76, Sector 77, Sector 78 and Manesar Sector-1, 13 schools, three hospitals, 12 banks, 8 ATMs and 24 restaurants dot the area. The good livability and overall safety encourage buyers to purchase apartments in Sector 79 Gurgaon.

Real Estate in Sector 79, GurgaonThe real estate market in the sector is attracting many investors and buyers. In the last 43 months, the property prices witnessed a spike of 10.5 per cent. This positive market scenario is encouraging developers to create apartments, villas and plots in Sector 79 Gurgaon. Godrej, Raheja, Bestech, Ninaniya, Supertech and Mapsko are the big developers in the area. As many as 11 projects are expected to come up in the sector in the near future, of which nine are under-construction.

Also Read: Check Out Why Gurgaon Sector 58 Has Struck A Chord With Home Buyers




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