Current market scenarion of Sushant Lok-1 .

Q: Hey,
I am a first time investor in this location. Kindly share some information. What drives rental value of Sushant Lok-1?

Baldeep Singh, Gurgaon

4th June 2015

Locality Review in Sushant Lok I, Gurgaon

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locality review

location advantages

rental appreciation

social infrastructure

current market scenario in gurgaon

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Replies (3)

Hey Guys,
In my point of view, connectivity is another major key point to consider while discussing about investment or end use in Sushant Lok-1. Regarding connectivity, this area is being located near to Delhi Metro Rail Corporation (DMRC) stations, for example, MG Road Metro Station, HUDA City Center Metro Station and IFFCO Chowk Metro Station. This are is well connected with Noida and Delhi by means of the National Highway 8 and Outer Ring Road.

Samar, Gurgaon

4th June 2015

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@ Baldeep,
As per me, social infrastructure is something that every body needs. Either you go for investment or end use. Social infrastructure has a major role in the driving high rental values of Sushant Lok-1. Anyway social infrastructure is always giving boost to infrastructural development of the locality. So for example, Hospitals, for example, Max Hospital, Fortis Hospital and Paras Hospital are there in the locality.

Veena K,

5th June 2015

@ Baldeep,
According to ny opinion, not only hospitals are the only social infrastructure in Sushant Lok-1 , but also Galleria Market and other retail shops are also available for the accommodation of its residents. Commercial development as well as office spaces are situated on the Golf Course Road which is effortlessly available from Sushant Lok – 1.

Sujan Mitra,

6th June 2015

Hey Baldeep Singh,
Sushant Lok – 1 is a decent place to invest. It is a very busy locality, suitable for families as well as bachelors. There are various trees planted over Sushant Lok – 1 to guarantee the contamination/pollution level is as compared to different parts of Gurgaon and Delhi. You can discover various transports using in & around Sushant Lok 1. City transport has spread all over the city.

Bulbul Verma,

7th June 2015

Hey Guys,
At last the price trend. It will show how this area is behaving now a days as compared to few years back. Is it steady or improving? Let's see. Sources indicated that, the average residential price of this locality was around 4600/sq-ft in year 2009. After many ups & downs now this price has touched approx 14400/sq-ft in year 2015. This showed rapid improvement approx 13%-15% in price trend.

Himani,

8th June 2015

Hey Baldeep,
According to me, Sushant Lok is the only area in entire Gurgaon, who witnessed highest rental value. If you will ask why? Then in my point of view, due to location advantages, connectivity & public transport, social infrastructure & price trend.

Jitendar, Gurgaon

4th June 2015

Comment

Hi Baldeep,
In my opinion, location advantages is a major key factor driving highest rental value. This locality is close to residential as well as commercial development situated along the Mehrauli Gurgaon Road. Some of the renowned landmarks that are located near to the area are MGF Megapolis Mall, MGF Metropolitan Mall,Sahara Mall, shopping complexes of Central Arcade, JMD Regent Arcade,DLF City Center Mall and some more.

Bhawna, Gurgaon

4th June 2015

As per my knowledge, Sushant Lok-1 is one of the prime prosperous location in Gurgaon, which consists of different types of residential sectors. Now a days this area become one of the posh preferable location due to availability of quality township. In the beginning of this year , this area recorded an rise of 8% in rental values. Last year this area, was not performing well in terms of real estate property prices.

Pramela, Gurgaon

4th June 2015

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