Gurgaon Faridabad Road – The next Gurgaon in Gurgaon?
Yes you read that right. The rise of Gurgaon from an unknown city to a bustling suburb is common knowledge. And so is the meteoric rise of its property prices.
The ones who invested in the property market at the right time are sitting on loads and loads of profit. While, on the other hand, the ones who were sitting on piles of cash are doing nothing but cursing themselves for missing the opportunity.
But wait, there is hope. If you are looking for the next Gurgaon in Gurgaon – read on.
Until two years ago, the Gurgaon Faridabad Road had major connectivity issues and most people wouldn’t even discuss about an investment opportunity here. Well, that was two years ago. Now with the Gurgaon Faridabad Expressway built by Reliance Infrastructure, the landscape of this area is destined to change forever.
Projects in Gurgaon Faridabad Expressway:
Valley View Estate built by Ansals in 2004 lies on Gurgaon Faridabad Expressway, which is around 1.5 kms from the Golf Course Extension Road. There are a host of projects coming up around this area.
One of them is a commercial project by Paras likely to be completed in 2013. The others – three ultra-luxury projects by Krrish group including the much advertised and talked about project – The Eiffel. Besides this, IREO is coming up with a luxury residential project. The Nananiya group is coming up with a 5 star hotel and a commercial centre.
The Fore School of Management has acquired land in this area. Also, talks are going on about the construction of a 60 meter road, which would connect the Gurgaon Faridabad Expressway to New Delhi.
So, it’s only a matter of time, the realty prices in and around this area will shoot up once the projects are executed.
So Gurgaon Faridabad road the next Gurgaon in Gurgaon? For me a definite yes!
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CF User: Chetan Arora*The content of this article is user generated and CommonFloor.com does not take any responsibility nor guarantee toward the facts and figures mentioned in the content of this article.