Finding affordable flats in Gurgaon
If you are on the lookout for affordable flats in Gurgaon, you should certainly focus on New Gurgaon. This is one of the hottest Gurgaon real estate micromarkets and essentially covers the area between Sectors 81 to 95 and the Pataudi Road. There are innumerable projects coming up in New Gurgaon or Gurgaon Extension as the area is also known. New Gurgaon is known for being an affordable housing destination in comparison to most of the main Gurgaon region where property prices are sky high. New Gurgaon has apartments across various categories and of various sizes at reasonable prices. Affordable housing has also got a boost here since several leading developers have collaborated with the Haryana Development Authority for these projects.
Additionally, demand for affordable flats in Gurgaon has shifted hugely to this belt since internal roads are being upgraded and connectivity is also being improved considerably. There are several reputed educational institutions in the area including the Royal Institutes of Science and Management and Basant Valley Public School among others while several hospitals and clinics are also operational here. Good connectivity and infrastructural development are the key reasons behind the rapid progress of this particular Gurgaon real estate micromarket. New Gurgaon covers all sectors beyond the second toll plaza on the National Highway 8 and most of these sectors are located along the highway or can be accessed through internal sector roads. This micromarket is one of the identified growth corridors for residential properties in Gurgaon while the other is the Dwarka Expressway.
You will still find numerous affordable flats in Gurgaon in this region though several mid-segment and premium housing options are also available in recent times. Infrastructural developments like the KMP Expressway, better connectivity through internal arterial roads and the Dwarka Expressway and the Delhi-Mumbai Industrial Corridor (DMIC) have also boosted real estate progress in this region while multiple centres of excellence planned as part of the DMIC will also boost demand in this region. Existing automobile/ancillary industrial growth in Manesar will also boost housing demand here. Several leading developers like Vatika, DLF, Ramprastha, Orris, Supertech and Lotus Greens have big ticket township projects in this area.
One of the hottest projects in this Gurgaon real estate micromarket is Adani Aangan which is an affordable housing project located at Sectors 88A and 89A. This project is well linked to the Dwarka Expressway and National Highway 8 alike and comes with 1 BHK apartments that are priced between INR 13.89–15.39 lakhs as on September 2016. The allotments will be offered through draw of lots and there will be no extra charges for car parking and club usage. There will be free maintenance for five years after possession at this project while key attractions include crèche facilities, a community centre, abundant natural greenery and more. The project is located near the proposed metro corridor and comes with an attractive payment plan as well.