So where would you like to be after you have bought your own
house? Where people are moving or where development is moving? It is a
difficult question to answer. While development comes at a small premium crowd
create cramped spaces.
The national capital region (NCR) has many such residential
hotspots where you pay a premium for getting development along with the space.
However, at the time of the possession of your property, you find that you get
possession along with an overtly populated housing complex. Your developer
might have thought of a township project but he might have missed the
calculation over the population density. Thus the township you are moving into turns
out to be crowded despite spacious apartments.
Very few locations are such where you get ample space with
abundant amenities around for each individual. The residential projects in the
new upcoming sectors along the National Highway 8 till up to IMT Manesar and
those near the Dwarka Expressway offer the mix of both – ample space and
abundant amenities. This could be a region well-crafted for urban living.
Christened as New Gurgaon, comprising of 14 sectors, the
region along the National Highway 8 offers better infrastructure, wide roads,
regular water supply and above all, a number of properties to buy from. The
entire region collectively offers more than 21,000 dwelling units across
categories. Of these, some are either at the initial stages of construction or
some are nearing completion. Very soon the whole region is going to be one of
the fully developed areas of the NCR.
In terms of connectivity, the region is Gurgaon is next to the forthcoming metro
station and has easy access from NH-8. A number of real estate firms such as
DLF Ltd, Unitech Ltd, Ansal API, IREO, Orris Infrastructure, BPTP, Adani Group,
Chintels Ltd, Godrej Properties, Sobha Developers, Parsvnath, RahejaDevelopers, M3M, Omaxe, Supertech, Assotech Ltd and Ramprastha are coming up with
their projects.
As
developers have been allowed to build the sector roads, each of the sectors are
well connected with each other and provide ample driving space even when there
is little traffic at present. Going by the speed of the construction activity,
it is likely that projects will start offering possession of units soon. It is
likely that these sectors will witness slight appreciation in near future even
when investors and real estate experts are talking about correction in the
market. New Gurgaon certainly has a different course of development.
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