New Gurgaon : A CommonFloor Report
Gurgaon, commonly referred as the millennium city, has grown exponentially over the last decade. This stupendous growth has propelled the city administrators to expand the city even further. New development has been planned and additional Sectors 76-95 have been added for the first time in Master Plan-2021 that got approved in 2007. These new sectors are commonly referred as the New Gurgaon region. The expansion in this region comprises residential, commercial, institutional and public utilities. According to Master Plan-2025, a 200 m industrial belt was proposed along the Southern Peripheral Road (SPR) and an area of 4613 ha has been reserved for industrial purpose along NH-8 adjacent to IMT Manesar. Around 4500 ha of area is delineated for SEZs in Master Plan-2021 and Master Plan-2025, but this area has been changed to residential, commercial and industrial.
“As part of ‘Real Insights’ into real estate, CommonFloor.com has come up with a detailed report on New Gurgaon real estate market – one of the key micro-markets in Delhi-NCR – with in-depth analysis based on CommonFloor data.
For detailed report“ 
Dwarka Expressway, also known as Northern Peripheral Road, was first proposed in Master Plan-2021 and runs between Dwarka to Gurgaon at Palam Vihar. Moreover, the Master Plan-2031 proposed to extend the expressway further till Kherki Dhaula intersecting at NH-8. This extension increased the demand for residential real estate in New Gurgaon (which has easy access to the Expressway) to a high extent considering that many new projects were launched in the year 2013. Another expressway project which has an impact on New Gurgaon real estate is the Kundli-Manesar-Palwal expressway. With Kundli- Manesar-Palwal expressway and proposed new industrial areas around IMT Manesar and NH-8, the residential demand has had a positive impact.
Implications of Master plans
Master Plan-2021 came into being in the year 2007. According to this, 50 per cent of commercial areas could now be developed by the private sector while remaining 50 percent by the development authority. Unlike Delhi, private developers could now participate in the commercial development. Expansion of Gurgaon was also planned and new sectors 58-115 were added which, in turn, gave a significant boost to the real estate growth in the area.
Major Challenges
New Gurgaon has good connectivity with Delhi and other NCR areas through the upcoming Dwarka Expressway, Kundli-Manesar-Palwal expressway, existing NH-8 and Gurgaon-Pataudi road but public transport within the region is one of the major challenges. Bus facility in New Gurgaon lacks availability, comfort and frequency. Para-transit modes of transportation like auto-rickshaws and cycle-rickshaws are also not currently available in these sectors and no designated spaces for their parking as well. Inner roads of Gurgaon are not well maintained and have traffic congestion problems due to which the Sectors in New Gurgaon become less accessible
