Property in Sector 43, Gurgaon

Q: Hi, I am looking to invest in Sector 43, Gurgaon. What is the approx price for land in sec 43? Will it be a long term investment or I can also bet on short term gains?

Sujan Mitra,

3rd July 2013

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Replies (8)

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pavan, Darrang

6th July 2013

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Hi Sujan, this colony is developed by HUDA. But it is better to buy pots in a private builder developed colony as they provide all the facilities and proper infrastructure. While HUDA wont even provide the basic roads. You can go for DLF Garden, Sushant Lok or South city 2. They will give you a better lifestyle and depreciation in future.

Jitendar, Gurgaon

4th July 2013

Comment

Hi.. if you are looking to buy property for around 60-70 lakh, in that case Sec 43 is not the place for you. In terms of price, the area has already reached a saturation level. So the property price will not increase further for another 1 -2 years. But if you are willing to buy for long term investment, say 5 - 7 years, in that case it makes sense, the property price would increase in this area.

Samar, Gurgaon

4th July 2013

Comment

U think people can really start staying in new gurgaon. Not an enormous projects are giving possession. Its just DLF NTH that is & until infrastructure is in place & area gets developed to a certain extent, which until so far New Gurgaon is not. People cant stay there.

rishab, Gurgaon

4th July 2013

Comment

Well Rishab people will start living for sure as most of them are end users who can't afford both rentals & EMI's. Example is Tulip Petals where already about 50 families are living in. Possession offered to almost 250 flats there.

Pardeep Singh,

4th July 2013

Dear Mr. Sujan. We can discuss on call at about your investment. Further I agree with Naveen, there is not much of demand in sector-43 as of now. The prices have been stable or on lower side for last few months. It might take another 2-4 years for this investment to be really give you good returns. Short term gains can be made in new gurgaon area as the possession is starting in that area and people will start living in that area in coming 6-8 months. So the prices will go up in this area in short & long term.

Pardeep Singh,

3rd July 2013

Comment

The land price has already appreciated in sec 43 Gurgaon. The market is down and the land rates are at a lower side (10-15% low and might decrease further). The market is very bad currently and the land rate is not going to appreciate for another 2 years. the property market goes up and down with the government. Until the elections are over, the price will remain same only. So I think the best option for investing today is to buy an apartment which is approaching possession in another 6 months. There are many owners who are waiting for 3 years for good returns but didnt get much profit. Still they are ready to sell the property in the same price for which they had bought it. Rest is upto you.

Naveen, Gurgaon

3rd July 2013

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You will get a 100 sq yd plot in 95 lac-1 cr in Sec-43 (HUDA Land). If u have this high budget then it’s better to get a loan and buy 1.2 crore worth property in BPTP projects in Dwarka expressway. The price there is Rs 60,000 per sq yd and the price will increase in next 1 or 2 years.

Kaushik Bardia,

3rd July 2013

Comment

In sector 43, property prices vary from Rs 75,000- Rs 100,000 per sq yard. The plots which are facing the DLF Golf Course road are expensive compared to those located behind that. And if we go deeper then their is a green belt area. There is an old dam where the property prices are less. If you are ready to shell out around Rs 80 lakh, you will be able to buy a land upto 60 - 100 yards.

Praveen P, Delhi

3rd July 2013

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