Q: Hi, how is Sushant Lok Gurgaon for investment? I am looking for good points and suggestions which will help me decide that the place is good for investment or end use purpose.
Sushant Lok is a specimen of world class construction. Investors who realised its potential in time have benefitted to a large extent. Being located at a distance of just 15 km from IGI Airport, it is one of the finest locations in Gurgaon. It provides a host of facilities for luxurious lifestyle. The establishment of various shopping malls, connectivity by metro and its proximity to South Delhi attracted many people to settle here
See there are three phases in Sushant lok,Phase 1,2 and 3.They have different price trend.Sushant Lok III is on the lower side compared to Sushant lok I; this quarter the price is Rs 7800 per sq ft. Sushant Lok II is a plotted area and the price is Rs 8333 per sq ft..which is very very costly. Sushant Lok I tops the chart, the price is Rs 12000 per sq ft… The area is well developed and one of the costliest area in Gurgaon.About renting, I was the recent report and it shows Rs 24 per sq ft.
Yes , in 2008 to 2009 saw the market going down due to the global recession, however, it picked up by 2010 when the investors started coming back, giving another thrust to the market. Now this is a saturated market and very good for rental purpose and end users.
Hmm according to the news and reports , I guess Sushant Lok have appreciated by almost 234 percentage since 2006. A major hike happened during 2005 and 2007 when the metro was announced. This was when the retail market was also growing in Gurgaon and the investors started turning out in large numbers.
Hi, firstly I would like to tell you that, this is a developed place..and the best for the end users.Sushant Lok, a township built by Ansal API almost 20 years ago, has come a long way since then. Being one of the first townships in Gurgaon, it became a sought after residential location the moment it started selling off fast. Today, the township is nearly 90-95 per cent occupied and there is still scope to accommodate a few more families.
Yes, also i would like to add on one more information that Sushant Lok has not only grown in terms of its occupancy rate or the number of residential developments but the township has also undergone an exponential price appreciation.