How is current real estate market price of Golf course Extension, Southern Peripheral Road & Dwarka expressway?

Sonia, Gurgaon

2nd December 2014

Real estate News in Golf Course Extn, Gurgaon

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Replies (3)

Hi Guys,
According to sources, it was then chosen that a 100m-stretch of the road will go through Fazilpur, for which 20-odd houses should be relocated. When HUDA secures this land, it will likewise have the capacity to assemble water supply lines to sectors 68-80, where for long, water has been provided through water tankers as the development authority had neglected to grant to lay a pipeline through Fazilpur.

Naveen, Gurgaon

15th September 2015

Comment

Hi guys,
As indicated by honorable administrator Anita Yadav, HUDA is as of now taking a shot at the relocation plans. Those people influenced by the SPR will get exchange plots. Development officials are going to do a sirvey of Sector 37 to set up a layout plan and divide the substitute plots.

Veena K,

16th September 2015

Hi,
As per news, Mr Rambir Fazilpur village sarpanch, said they have requested that HUDA give them exchange plots along the SPR itself and not in Sector 37D, as it falls on the opposite side of the Delhi-Gurgaon expressway. Those whose houses will be dislodged are not interested of moving far from Fazilpur. Thus, people have requested that HUDA consider designating them empty plots in HUDA sectors next to SPR itself.

Bulbul Verma,

17th September 2015

Hi Guys,
As per my knowledge, those who will be displaced because of the land acquisition for the Southern Peripheral Road, will get alternative plots in Sector-37D. Kindly discuss.

Hitesh, Gurgaon

15th September 2015

Comment

Hi Hitesh,
As per the news, the recovery and resettlement plan will be the same as the one provided for those displaced by the land acquisition for Dwarka Expressway. HUDA will soon do a survey to settle the design plant and accessible plots in the sector. The SPR will start from Gurgaon-Faridabad Road close Ghata and meet NH-8 close Kherki Dhaula, and is planned to be associated with the NPR by means of a central peripheral road, all of which is required to ease NH-8 movement.

Naveen, Gurgaon

15th September 2015

According to the news, the stretch in the middle of Ghata and Sohna Road is as of now completed. Then again, as if there should be an occurrence of Dwarka Expressway (NPR), looking for reasonable compensation, occupants of Fazilpur whose houses are along the arrangement of the SPR had also drawn closer the Punjab and Haryana high court over acquisition of their land.

Bhawna, Gurgaon

15th September 2015

Hi Sonia,
Gurgaon has been the hot-spot for Real Estate investments since last decade and a half. The compounded annual growth rate of property prices in Gurgaon have beaten all other cities in India. This growth was extremely due to strong growth in corporate office space in the city. The office and residential space development in the city has been led by private players while infrastructure is being built by Haryana Urban Development Authority (HUDA).

Antara, Gurgaon

2nd December 2014

Comment

While areas like MG Road, Golf Course Road, DLF City, South City, Sohna Road have already been developed, there are 3 major areas currently under development. These areas offer good investment opportunities and have their own advantages and challenges. Let us have a look at these 3 hot investment destinations in Gurgaon.

Mahek, Gurgaon

2nd December 2014

@ sonia,

Golf course extension is an extension to the premium Golf Course Road. The area is at a 30 minutes drive from Indira Gandhi International Airport and is well connected with other areas of Gurgaon. Phase-2 of Metro in Gurgaon is also planned along this Road. This area has a mix of both commercial and luxury residential developments. Major developers in this area are DLF, Ansal, IREO, Tata, Emaar MGF, Unitech, M3M etc.

Krishna, Gurgaon

2nd December 2014

As per my knowledge, In year 2009, the average residential market price of Golf course extension was 3350/sq-ft. This price showed significant improvement & in year 2014, this price touched around 9600/sq-ft. This exemplary improvement in average residential price was because of rapid infrastructure development & industry growth.

Vrinda, Gurgaon

2nd December 2014

Hi Sonia,
As per my knowledge, SPR is a 150 m wide road that connects Golf Course Extension to NH8, cutting Sohna Road at Badshahpur. Of late, this location is getting lot of attention from Real Estate investors. It is positioned as an up-market location and is well connected to existing commercial hubs.

Jashan, Gurgaon

2nd December 2014

Hi Sonia,

As per New Gurgaon Master Plan 2031, metro connectivity is also planned along SPR, which will give this area further boost. Currently, a small stretch of about 400 meters is under litigation due to which the construction of the road is halted.

Manisha Soori, Gurgaon

3rd December 2014

@ sonia,

However, once the road is completed it will provide excellent connectivity to Golf Course Extension. Major developers in this area are DLF, Unitech, Tata, Raheja, Ireo, Parsvnath, BPTP, Vipul, Emaar MGF, Spaze etc.
Real estate Market price of Southern Peripheral Road is showing huge improvement in these days. Last couple of years the average residential price showed much higher hike . It is expected that in upcoming 1-2year , this price will grow much more. In year 2009, the average price was around 2650/sq-ft. After gradual improvement in price this price touched 6400/sq-ft in year 2014.

Sukhwinder Kher, Gurgaon

3rd December 2014

@ Sonia,

In my point of view, Northern Expressway, commonly called as Dwarka Expressway, is a 150 m wide road that will connect Dwarka with NH8 cutting Pataudi Road. This road is being developed on PPP (Public Private Partnership) model). There are various infrastructure and Real Estate projects planned along this road.

Suroshree, Gurgaon

4th December 2014

Hi Sonia,

Asper my knowledge, Dwarka Expressway will have Metro connectivity and a BRT corridor. A small stretch on NPR also is under litigation and hence the work is halted on this stretch. This road is expected to improve connectivity between Delhi and various parts of Gurgaon.

Dinesh Verma, Gurgaon

4th December 2014

@ Sonia,

In my point of view, this location is an emerging investment hub for investors. This location promises better return in investment. The Dwarka Expressway has an advantage of proximity to Delhi, Indira Gandhi International Airport and upcoming Diplomatic Enclave. Major developers on Dwarka Expressway are DLF, BPTP, Ramprastha, Ansal, Bestech, Emaar MGF, Raheja, Adani, Mahindra, Indiabulls etc.

Nilufar, Gurgaon

5th December 2014

@ Sonia,

This location came to real estate market & became well known when the expressway was proposed. Due to this expressway high way , now a days this location is seeing sky touch price. There was a time in year 2009 ,when the average residential price was 2800/sq-ft . After development of real estate infrastructure & major project , that average residential price touched around 6000/sq-ft in year 2014.

Meenakshi, Gurgaon

5th December 2014