Flats in Gurgaon For Sale, Luxury Apartments, Villas for Sale in Gurgaon

Whether you are a potential homebuyer or an investor, this analysis will equip you with valuable insights to make informed decisions in the dynamic real estate landscape of one of the key regions of NCR.

In this article, we will delve into the real estate landscape of Gurgaon, exploring the diverse neighbourhoods, property trends, amenities, and investment potential. Our in-depth analysis will equip varied market participants – from first-time homebuyers to seasoned investors – with key insights to make guided decisions.

Gurgaon Real Estate Market

Here are some key trends and drivers that have been shaping the demand for properties in Gurgaon:

Infrastructure Development:

The city has been witnessing substantial infrastructure development, such as improved connectivity through highways, metro expansion, and the development of new commercial & residential hubs. These enhancements make Gurgaon an attractive destination for both investors & homebuyers.

Corporate Presence:

Gurgaon’s proximity to Delhi and the presence of numerous multinational corporations have significantly contributed to the demand for properties. The city has emerged as a corporate hub, attracting a large workforce seeking accommodation near their workplaces.

Luxury & Premium Segments:

The demand for luxury & premium apartments in Gurgaon has been on the rise, fuelled by growing disposable incomes and aspirations of affluent families & individuals in the region.

Amenities & Facilities:

Modern homebuyers prioritise these when choosing a property. As a result, developers have been focusing on providing state-of-the-art amenities and recreational spaces to cater to these preferences.

Investor Interest:

Gurgaon’s real estate market has been a favourite among investors due to the potential for capital appreciation and rental income. This interest has been fuelled by the city’s growth prospects and its status as a leading investment destination.

Advantages of Buying Flats in Gurgaon

Buying flats in Gurgaon offers several advantages, making it a relatively popular choice among homebuyers & investors. Here are some key benefits:

Thriving Real Estate Market:

Gurgaon’s real estate market has grown consistently, with excellent capital appreciation for buyers. The city’s corporate & commercial hub development has led to increased demand for residential properties.

Strategic Location:

Gurgaon’s proximity to Delhi and excellent connectivity via highways and the metro make it a highly sought-after location. Living in Gurgaon provides easy access to employment centres, educational institutions, healthcare facilities, and recreational areas.

Modern Infrastructure:

Gurgaon boasts of modern infrastructure, with well-planned residential complexes, commercial spaces, and many amenities. The city offers a comfortable & convenient lifestyle with access to shopping malls, restaurants, parks, & entertainment options.

Amenities & Facilities:

Many residential projects in Gurgaon like SOBHA City have state-of-the-art amenities such as swimming pools, gyms, clubhouses, landscaped gardens, and 24/7 security. These facilities enhance the overall living experience for residents.

Potential Rental Income:

Gurgaon’s high demand for rental properties presents an opportunity for investors to earn rental income. A large working population, including expatriates, ensures a steadily growing rental market.

Potential for Future Growth:

Gurgaon’s ongoing development and expansion projects indicate promising prospects. As the city grows, property values may appreciate further, making it a potentially rewarding long-term investment.

Things to Consider Before Buying Flats in Gurgaon

Considering these factors will help you make a well-informed decision and ensure a smooth & rewarding experience when buying a flat in Gurgaon.

Budget: Determine your budget and consider all costs – including property price, registration fees, taxes, maintenance charges, and loan EMIs, if applicable

Location: Evaluate the location’s proximity to your workplace, educational institutions, healthcare facilities, and other essential amenities

Builder Reputation: Research the developer’s reputation and track record

Legal Due Diligence: Ensure the property has all necessary approvals and a clear title, and is free from legal disputes or encumbrances

Future Development: Investigate ongoing & planned development in the area

Resale Potential: Consider this in case you need to sell your property in the future

Home Loan & Interest Rates: Check options for home loans and the prevailing interest rates, to understand your borrowing capacity and monthly repayment commitments

Market Research: Study Gurgaon’s real estate market trends and analyse property price trends over the past few years

Types of Flats Available in Gurgaon

In Gurgaon, you can find various flats catering to different preferences & budgets. Some common types of flats available in Gurgaon include:

Apartments: The most common type of flats in Gurgaon are apartments, available in various configurations such as 1, 2, 3 BHK, and so on. These are typically part of multi-story residential buildings with amenities like elevators, parking, and security. One such apartment project SOBHA City Gurugram, which offers luxury apartments in a residential township with numerous amenities.

Penthouse: These are luxurious apartments, usually on the top floors of high-rise buildings. They offer larger living spaces and exclusive access to terraces or rooftops, often boasting of premium features & finishes.

Duplex / Triplex: These flats are multi-level units with two or three floors, offering a more spacious and house-like feel. These are ideal for those seeking additional privacy and separation of living spaces.

Builder Floors: These are independent units in low-rise buildings with 1 or 2 floors. Each floor is a separate dwelling, providing more independence and exclusive access.

Studio Apartments: These are compact units that combine living, sleeping, and kitchen areas in one open space. They are an excellent option for singles or young couples looking for cost-effective living.

Each type of flat caters to different lifestyles & requirements, so choosing one that aligns with your preferences & needs is crucial. Additionally, verify the amenities, location, and legal aspects before taking a final decision.

Top Residential Areas in Gurgaon

Based on current real estate trends, amenities, and upcoming developments, following are some of the top residential areas to buy a flat in Gurgaon.

Sectors 108 & 109: These areas are some of the most upscale residential neighbourhoods in Gurgaon, with a mix of high-rise apartments, independent houses, and villas. These are well-connected to major commercial centres and have numerous shopping malls, schools, and healthcare facilities.

Golf Course Road: Known for its premium residential properties and lush green surroundings, this area is home to luxury apartments, penthouses, and villas. It has excellent connectivity, proximity to golf courses, and upscale shopping & dining options.

Sohna Road: This is a rapidly developing residential & commercial corridor in Gurgaon. It offers various housing options, from affordable apartments to luxury projects. The area has good connectivity to major business hubs & recreational centres.

Sector 56: A well-established residential locality comprising apartments & independent houses, Sector 56 is well-known for its green spaces, parks, and proximity to educational institutions & markets.

Sushant Lok: Sushant Lok is a popular residential area comprising residential plots, apartments, and independent houses. Its proximity to commercial hubs and recreational spots offers a good balance of convenience & tranquillity.

Legal and Regulatory Considerations

When buying flats in Gurgaon or any other location, there are significant legal & regulatory considerations to keep in mind, to ensure a smooth & secure property transaction. Some of these include:

Title Verification: Conduct a thorough title search to ensure the property has a clear and marketable title

Building Approvals & Occupancy Certificate: Ensure the construction of the building or project has all necessary approvals from local authorities, and has been issued the required occupancy certificate

Encumbrances and Liens: Check for any outstanding loans, mortgages, or liens on the property

Property Tax and Utility Bills: Verify the status of property tax payments and utility bills to ensure no outstanding dues

Real Estate Regulatory Authority (RERA) Registration: Confirm that the project is registered under the Haryana RERA authority

Sale Deed and Agreement: Review and understand the terms & conditions mentioned in the said document

Stamp Duty & Registration Fees: Pay the appropriate fees as per the Haryana state government’s regulations

No Objection Certificates (NOCs): Obtain these from relevant authorities such as the society, local development authority, or water and electricity boards.

Home Loan Agreement: If availing of a home loan, carefully review and understand the terms & conditions of the agreement, including interest rates, tenure, and repayment schedules.

Navigating the Buying Process

Here is a step-by-step guide to buying flats for sale in Gurgaon:

Determine Your Budget: Assess your financial situation and determine a budget for purchasing a flat in Gurgaon

Research & Shortlist: Conduct thorough research on various residential areas in Gurgaon, and pick neighbourhoods that align with your preferences for location, amenities, & property type

Choose a Reputed Developer: Select a builder with a good track record, and research their previous projects, customer reviews, & delivery timelines to ensure reliability

Visit Properties: Visit the shortlisted properties to get a first-hand feel of the flats and their surroundings. Inspect the amenities, infrastructure, and quality of construction.

Verify Legal & Regulatory Aspects: Conduct a title search, verify all legal & regulatory aspects of the property, and ensure it has clear titles & necessary approvals from local authorities

Negotiate the Price: Negotiate with the seller or developer for the best deal possible – factor in additional costs like parking, maintenance, or registration fees

Secure a Home Loan (if applicable): If you plan to take a home loan, approach multiple banks or financial institutions to compare interest rates & loan terms. Get a pre-approved loan to strengthen your buying position.

Draft the Sale Agreement: Once you finalise the property, draft a detailed sale agreement with the help of a legal expert. The contract should include all terms & conditions, payment schedule, and deliverables.

Booking Amount: Pay the booking amount to secure the flat. This is usually a small percentage of the total cost and indicates your serious intent to buy.

Complete Legal Formalities: Complete these, including stamp duty payment and property registration, as per Haryana’s rules & regulations.

Finalise Home Loan: If you are availing a home loan, finalise the loan agreement and submit all required documents to the lender for processing

Obtain Possession: After completing all payments and legal formalities, take possession of the flat as per the agreed-upon timeline

Transfer Utilities and Registration: Transfer utilities (water, electricity, etc.) associated with the property to your name, and complete the property registration process to become the legal owner

Inspect the Flat: To ensure everything is as per the agreement, conduct a final inspection of the flat before moving in

Final Thoughts

In conclusion, buying a flat or apartment in Gurgaon can be an exciting experience, but it requires careful consideration and a well-informed approach. Gurgaon’s real estate market offers many options, catering to diverse preferences & budgets. From luxury apartments in upscale neighbourhoods to housing schemes designed for inclusivity, there is something for everyone.

However, amidst the plethora of choices, it is important to focus on critical factors such as location, builder reputation, legal due diligence, and amenities. As the real estate market is dynamic, staying updated with Gurgaon’s latest trends & developments is essential. Conducting market research, being aware of prevailing property prices, and considering future growth prospects will add value to your investment.

Buying a flat in Gurgaon is not just about owning property; it is about creating a place to call home and building a future for yourself & your loved ones. With a clear understanding of the process and careful consideration of all factors, you can confidently embark on this journey.

Frequently Asked Questions –

1. Which is the best area to buy a flat in Gurgaon?

The best area to buy a flat in Gurgaon depends on your preferences & requirements. Popular locations include Sector 108, Golf Course Road, Sohna Road, Sector 56, and Sushant Lok.

2. Is it a good time to buy property in Gurgaon?

A good time to buy property in Gurgaon depends on market conditions, personal financial readiness, and long-term investment goals. Consulting a real estate expert can provide valuable insights.

3. Which society is best to live in Gurgaon?

The best society to live in Gurgaon varies, based on individual preferences. Popular societies include SOBHA City Gurugram, DLF Magnolias, Ireo Grand Arch, and M3M Golf Estate.

4. Why is Gurugram so expensive?

Gurugram is expensive due to rapid urbanisation, proximity to Delhi, flourishing corporate sector, metro connectivity, and modern infrastructure.

5. Is Gurgaon more costly than Noida?

Yes, Gurgaon is costlier than Noida due to its strategic location, abundance of corporate offices, and upscale residential areas.

6. Why flats in Gurgaon are expensive?

Flats in Gurgaon are expensive due to high demand, strategic location, premium amenities, and luxury properties catering to the affluent population.

The Dwarka Expressway, also known as the Northern Peripheral Expressway and has become the new hotspot for investments in recent times. This almost 30-km expressway that connects Mahipalpur in Delhi to Kherki Daula Toll Plaza, Gurugram in Haryana, and meets the NH-8 (now renamed NH48), has bolstered infrastructure development in that area.

Dwarka Expressway already has a positive cascading effect on real estate in the surrounding regions. Developers believe that property value in this area will appreciate since Delhi has witnessed a 6% hike in rental value in just one year. The Dwarka Expressway offers an ideal investment opportunity in both residential and commercial aspects. There is a host of affordable to premium housing options available along this 29-km stretch. One should invest in a residential flat/apartment around this ever-growing locale.

Reasons To Buying A Flat in Dwarka Expressway, Gurgaon is a great idea!

Owning an apartment along the Dwarka Expressway is a promising investment. The locality is expected to be one of the most sought-after among homebuyers.

Here is a list of reasons to buy an apartment along this stretch that will fetch you a lifetime of benefits:

1. Urban Planning & Excellent Connectivity

The strategic location of the Dwarka Expressway ensures that it offers excellent connectivity to the Indira Gandhi International Airport, railway stations such as Palam Vihar, Delhi Cantonment, Bijwasan, etc., NH-8, and even the Southern Peripheral Road. It is well connected to premium educational institutions, hospitals, malls, office spaces, and much more.

Apartments in this area are ideal for those looking for seamless connectivity to the business district of DLF Cybercity and other office spaces. Once the eight-lane expressway is completed, about 60% of the traffic from NH8 will be diverted, reducing congestion during peak hours. Since a substantial chunk of the employment force commutes from Delhi to Gurugram by road, this expressway comes as a blessing.

2. Best facilities at your doorstep

Residential complexes built in this area have modern apartments, which provide world-class amenities and state-of-the-art infrastructure. Expansive lawns, parks, well-equipped gyms, sports arenas, and opulent clubhouses are some of the many amenities in these residential complexes. Daycare facilities for working parents are available in a few complexes.

Sectors 99 to 114 have become an educational hub, giving access to some of the city’s most reputed schools:

– Saint Paul’s School is only 0.3 km away

– MDS Public High School is about 2.5 km away

– Euro International School is 3.5 km away

– Vivekanand Public School is 4 km away

Premium healthcare facilities are also just a stone’s throw away along the Dwarka Expressway:

– The Signature Advanced Super Specialty Hospital is just 20 minutes away

– Shri Balaji Hospital and Trauma Centre is 25 minutes away

– Fortis Hospital is 30 minutes away

Upcoming developments such as the India International Convention and Expo Centre, Diplomatic Enclave II, and Delhi’s largest transportation hub dot the expressway.

Malls and restaurants such as Ambience Mall, The Oberoi Hotel, and The Leela Hotel are all in close proximity. Each sector around Dwarka Expressway comes with its own market area that will cater to all your daily needs and requirements.

3. Capital Appreciation

The strategic location of the expressway makes it attractive to homebuyers. This locality offers an excellent capital appreciation for investors. As per the data available, Dwarka Expressway has witnessed an appreciation in average capital ‘asks’ by nine percent in the last three years. From Rs. 4,760 per sq. ft. in 2018 to Rs. 5,200 per sq. ft. in 2020, and about Rs 6,000 per sq. ft. post the pandemic, there has been a steady appreciation of value in the locale.

4. Steep Growth Curve

Dwarka Expressway shows steep growth in property prices in the recent past. This has led to the development of numerous infrastructure projects along the stretch, in the form of Rapid Transport Systems, Industrial Corridors, IT, and SEZs. All these infrastructure projects will aid in unlocking the true potential of the real estate market. The pandemic has also played a huge role in emphasising the need for one’s own home. Hence, homeowners are on the lookout for comfortable homes, which offer the utmost conveniences right at the doorstep.

5. Better ROI

The Dwarka Expressway is still under construction. This means that investing in the locale now will only fetch better returns in the future. Factors such as demonetisation, increase in Floor Area Ratio, and RERA has all contributed to the price drop currently. Investors can expect great returns in a few years. Dwarka Expressway is a homebuyer’s delight, especially those looking to settle in the next 3-5 years.

6. Better Air Quality

The air quality along the Dwarka Expressway is far better than in the rest of the region. This can be attributed to Delhi’s reserved greens, lesser traffic congestion, etc. Dwarka Expressway is one of the most preferred locations because of its cleaner, fresher air, which paves the way for a better quality of life for you and your children.

Conclusion:

If you’re looking to invest in a residential property in and around Delhi-NCR, then upcoming and ready-to-move-in projects grazing the periphery of the Dwarka Expressway are ideal! These apartments are perfect for both living and investment purposes since they will always fetch higher returns soon. Many MNCs, SEZs, and other growth drivers of real estate will soon find their address in the locale, making it one of the most prominent markets in the country. Upon completion, the eight-lane expressway will reduce traffic congestion and offer a flawless and shorter commute. 

Dwarka Expressway is home to some of the finest residential properties by reputed builders. SOBHA City, Gurugram – an Urban Park Residency is set amidst 157827 sqm of land that comes with both 2 and 3-bedroom residences. Surrounded by lush, expansive green patches, the ultra-luxurious project is home to two clubhouses spanning 40,000 sq. ft. giving you a breath of fresh air, all around the year. A large swimming pool, a full cricket pitch, basketball, and 16 other sports will bring out the fitness enthusiast in you. 

SOBHA International City is an exclusive villa township in Sector 109 and 106, Gurugram that is spread over 607028 sqm. These presidential villas that are Ground + 2 floors with five bedrooms, a private elevator, and terrace gardens, are the epitome of luxury. The meticulously planned gated community with a densely landscaped environment has tree-lined avenues, a 65,000 sq. ft. clubhouse, and a rooftop swimming pool.

Get first-hand knowledge of the true SOBHA quality at the SOBHA Experience Centre.

Delhi-NCR is home to over 3,000 industries, and most of them do not meet the standard environmental norms. This contributes to the city’s depleting lung space and increased air pollution. One of the solutions to counter the effects of poor air quality is to have more green spaces around. People are now seeking homes amidst sprawling lush green spaces as it has become a necessity more than a luxury to have the much-needed green cover for Delhiites.

It’s a dream for any home dweller to have sprawling lawns, scores of trees lining the yard, and lakelets scattered around the premises to create a serene environment. These offer an opportunity for people to reconnect with nature from the comfort of their homes. Most importantly, these urban oases provide cleaner air to breathe and help’s in controlling the soaring temperature levels. In short, urban park residences are a boon to places like Delhi-NCR.

Benefits of Urban Parks

Nature is the harbinger of good health and is beneficial for our well-being, both physically and psychologically. Any house with its tranquil environs brings countless benefits to people. These are also advantageous in economic aspects since they contribute to the rise in property values. Here, we list out the multiple health benefits of living in lush green spaces.

Refreshes & Rejuvenates:

Just a stroll in a verdant park is enough to feel refreshed and rejuvenated from the stress of mundane, corporate life. Given that large number of people are still working from home, there is little to no interaction with nature. Living in a place amidst nature allows one to take a break from work and indulge in the freshness that green spaces offer.

Improves Sleep:

Our circadian rhythms are synchronised with the Sun. However, leading a life away from natural light and the constant exposure to blue / artificial light can change our natural circadian rhythm. Spending time in the Sun during sunrise or sunset will enhance vitamin D levels in the body and improve sleep at night.

Controls Temperature:

The natural process of photosynthesis not only provides cleaner air, but also takes the temperature down by a few notches. In a city like Delhi, where the temperatures are extreme, the greenery will provide the much-needed balance in summers and purify the air during winters.

India’s First Elevated Urban Expressway- Poised To Accelerate Growth

The Dwarka Expressway in Sector 108, Gurugram is a 29-km project, estimated at Rs. 8,662 crores. Around 19 km of the expressway falls in Haryana, while the remaining 10 km is in Delhi. This for sure is expected to ease traffic woes on the Delhi-Gurugram Expressway – ensuring not just better connectivity between Dwarka and parts of south Delhi, but also reduces air pollution in Delhi-NCR. The expressway will further connect the 100-metre and 80-metre urban express roads under the Delhi Master Plan-2021. This stretch will also provide easy access to the Indira Gandhi International Airport.

The real estate sector will see a boom around the Dwarka expressway and will facilitate the overall development of Gurugram. On one hand, the stretch will reduce travel time significantly, and on the other, it will open opportunities for planned commercial and urban developments. With all these growth catalysts in place, the Dwarka Expressway will be the hub for commercial and entertainment activities, making it one of the most-preferred locations in NCR.

SOBHA City- Urban Park Living

SOBHA City, located amidst an expansive 39-acre park, comes with two clubhouses, over 16 plus sports activities, a serene lakelet, a swimming pool, and an array of other social amenities. It also houses a 90-metre-wide cricket ground, a tennis and a badminton court, alongside jogging tracks. We have even included a camping and barbecue zone, an amphitheatre, a library, and a café so that you can make your free time memorable.

Every apartment is a corner unit with premium specifications, high-quality construction, and comes with an innovative unit plan. With the stunning view of the lakelet on one side and the golden rays of the Sun bringing the capital city to life on the other, SOBHA City offers splendid views.

SOBHA Limited believes in the philosophy of self-reliance – a model that enables the organisation to control quality and delivery timelines. The company has all the key competencies and in-house resources to deliver a project from its conceptualization to completion. SOBHA’s residential projects include Residential Apartments, Villas, Row Houses, Luxury Apartments, and Plotted Developments.

You can get a first-hand experience of your ideal home at the SOBHA City’s Sales Gallery. Visit today.

 

–  Being one of the most trusted real estate brands in the country and overseas for close to three decades, SOBHA has mastered the art of craftsmanship.

–  With a penchant for providing quality houses, the company has a self-reliant model that allows it to centrally manage all aspects of construction. This gives SOBHA homes a winning edge over others.

–  SOBHA apartments are strategically located in all the cities, thereby being able to provide a holistic lifestyle to all its residents. In the Delhi-NCR, the Dwarka Expressway is a popular locale among homebuyers.

–  Developers believe that property value here will only appreciate of a 6% hike in rental value under just one year. The Upper Dwarka Expressway offers excellent connectivity to the airport, commercial and retail hubs, and much more. Investing in a home along this 29 km stretch of Dwarka Expressway will be rewarding for years to come.

SOBHA City comes as a breath of fresh air to the region since it offers over 85% open space on 39 acres of land. These residential apartments are uniquely designed and crafted to offer a world-class living experience with a luxurious lifestyle. Set amidst an urban park, these homes bring nature closer to you.

FEATURES AND AMENITIES

Cricket Pitch | Tennis Court | Clubhouse | Children’s Play Area | Swimming Pool | Outdoor Gym | Camping Ground | Pet Park

CONNECTIVITY

Located in Chintels Metropolis in Gurgaon, SOBHA City is just 20 minutes away from the IGI Airport & Aerocity. These luxury abodes are conveniently located and comfortably away from the cacophony of city life.

FAQs:

1. WHAT IS THE PRICE RANGE OF 2 BHK APARTMENTS FOR SALE IN SOBHA CITY?

–  The Luxury Apartment is starting from RS. 1.4 Cr. in SOBHA CITY.

2. WHAT IS THE TOTAL AREA OF 2 BHK FLATS IN SOBHA CITY?

–  The Total Area Configuration of 2 BHK Flats in SOBHA City ranges between 1381 sq. ft. and 2343 sq. ft.

3. WHAT IS THE STATUS OF SOBHA CITY IN GURGAON AND WHEN IS THE POSSESSION DUE?

–  The Construction is in Full Swing, and the offer of possession will begin in April 2022.

4. DOES THE PROJECT HAVE A REGISTERED RERA NUMBER?

Yes. To find the registered RERA numbers, please click here!

Villas at International City captivate you with immaculate finishes and are designed to make everyday living opulent. These 3, 4 & 5-bed residences exude happiness and tranquillity in their true sense. Master-planned to offer you a variety of sports and other facilities, these villas are sure to inspire you.

FEATURES AND AMENITIES

Clubhouse | Swimming Pool | Tennis Court | Badminton Court | Yoga and Aerobics | Party Lawn

CONNECTIVITY

This villa complex is in Chintels Metropolis in Gurgaon and is only 20 minutes away from the IGI Airport & Aerocity.

 

FAQs:

1. WHAT IS THE PRICE RANGE OF LUXURY VILLAS FOR SALE IN INTERNATIONAL CITY?

–  The price of the villas starts from Rs. 4.5 Cr. onwards.

2. WHAT IS THE TOTAL AREA OF LUXURY VILLAS IN INTERNATIONAL CITY?

–  The configuration of Luxury Villas in International City is around 500 sq. yds.

3. WHAT IS THE STATUS OF THE INTERNATIONAL CITY IN GURGAON AND WHEN IS THE POSSESSION DUE?

– It is Ready to move in.