Golf Course Extension Booms

By Author: Gaurav Verma
Total Articles: 15
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Gurgaon is more known for its newly developed, modern, international and posh avataar. Old Gurgaon remains congested, polluted and lagging behind in infrastructure and it is the realty in new Gurgaon that is has been catching the eye of each and every investor and buyer. Huge MNC campuses, malls and business towers have ensured that the real estate keeps climbing a higher ladder with each quarter. Development and projects are on across the city but the action cannot be missed on the Golf Course Extension Road and it would be wise and prudent to invest in property in Sector 66 and the adjoining Sector 67 in Gurgaon. Both the sectors are witnessing rapid development and construction is on in full swing.

Golf Course Extension Road

Modern, luxurious and designer multi storied apartments, villas and builder floors are being constructed by reputed builders in the area. Realtors would swear by the area and tell you that many projects will be complete by the year end (i.e. December 2013) and the property rates are going to rise quickly. Buying property in Sector 66 and 67 in Gurgaon ...
... has a lot of encouraging aspects to it. The sectors are on Golf Course Extension Road, a posh area, have schools around, state of the art houses, shopping arcades, malls, cineplexes and hospitals in the vicinity. The area will experience a boost in property prices in no time.

Connectivity

The area is proximate to the hub of IT companies, the Cyber City, which is at almost 40 minutes’ drive away. The Cyber City houses major offices of MNCs catering to sectors like; IT, Consultancy, Business Strategy, Media, Telecom, FMCG, Real Estate, Industries, Automobile, Retail, Steel and many more. This makes it a preferred destination for professionals working in international companies and these global professionals want homes that are of global standards with all the basic amenities and facilities. The builders are game for the deal and like the Golf Course Road; Golf Course Extension too is getting a major facelift.



Realty rates

The realty rates for property in Sector 66 and 67 in Gurgaon are ranging between Rs 6300/ Sq Ft to Rs 10,000/Sq Ft. ( Jan 2013 to Mar 2013). The rates are on an upward swing due to increase in demand, location and type of property here. The next three four months are crucial and will decide how much would the prices rise here but at the moment an increase of 11 to 15 per cent ( Jan 2013 to Mar 2013) is being guaranteed by realtors and builders holding property here.

Slight incline

The property in Sector 66 in Gurgaon witnessed a little concavity during the real estate market slump in 2011 in the months of July to October 2011 and then again last year during the months of August to October 2012 but after that the realty gained momentum again and now the sectors are going through a dream run in terms of escalation of property prices and will continue to do so.

The Author frequently addresses to real estate through his articles. His interesting content gives its readers another excuse to get hooked. He is always willing to give something new to its readers.