Thursday, 13 June 2013

The three most sought after locations in Gurgaon are Mehrauli-Gurgaon Road, Sohna Road and Golf Course Road. All of them are fully encompassed with the townships and societies leaving no land for any new projects. So Golf Course Extension Road has emerged as the next best option available to the residential buyers in Gurgaon looking for a home in a good residential area.

The biggest feature of the road is that it is connected to two prime  roads, i.e. Golf Course Road and Sohna Road. The National Highway 8 can also be accessible directly from the road and the Indira Gandhi International Airport is just on a half hour drive. Soon it will connect to Gurgaon-Faridabad Road also. Moreover, the metro will be along the road in phase II, which will make it as the connectivity hub of Gurgaon. The road is properly connected to all those areas of Gurgaon which are having office hubs.
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When it comes to the infrastructure development, it’s still at the initial stage. On the right hand side of the road, there are old sectors which are already having well developed infrastructure. On the left hand side of the road where there are new sectors, a lot has to be done for infrastructure development.
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The prices of the apartments in the first part, i.e. from Golf Course Road up to Badshahpur, may vary from Rs 6,000 to 11,000 per sq ft. In the second part, i.e. from Badshahpur to NH 8, the prices varies from Rs 5,000 to 8,000 per sq ft. And when we talk about plots, you will have to pay Rs 1 to 1.10 lakhs per sq yard in the first part and Rs 60,000 to 70,000 in the second part. This difference is due to the infrastructural difference between the two parts.

The area is absolutely a good choice for those who are looking for residential plots in Gurgaon but for investors, it’s too late to invest in the real estate here. The prices have already increased manifolds in a few last years and the scope of growth can be foreseen. Golf Course Extension Road in Gurgaon is the best option for investors in property as well as NRI property investors.

For more information visit http://aurumestates.com

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