With rapid development in Gurgaon real estate, the business is taking a boom. Gurgaon being the hub of industries, factories, firms, and companies is facing a population increase at a faster pace, hence New Gurgaon progresses towards becoming a forthcoming residential arena. Now the question that arises here is of allocating all these migrating masses. Those who have been living in Gurgaon for quite some time must be aware that there are minimal to no lands available for housing in old Gurgaon.
Thus, the people are moving towards New Gurgaon which is a more organized area. Organized in a sense that here the sectors are divided in a way that is not overlapping each other and people can have proper accommodation. Here, people will not have to face the problem of scarcity of basic amenities. Furthermore, this arena houses many affordable housing properties. Besides having great connectivity with Dwarka Expressway and NH-8 allows the residents to reach anywhere without any hurdle makes New Gurgaon progresses towards becoming a forthcoming residential arena. This place is also surrounded by commercials. The SEZ of sector 88 Gurgaon connects to the commercial belt in sector 84, 83, 82, and 81.
The other significant factor is that it is adjacent to IMT Manesar. Having IMT Manesar in close proximity, New Gurgaon yields a handsome rental value. The Affordable Housing Properties are available here in a large number. These houses are in much demand because the prices are reasonable as well as a bank loan of up to 90% is available. Except that under the policy of PMAY a subsidy of 2.67 lacs can be extracted. With so many benefits, people prefer buying flats.
The Affordable Housing properties which are presently available for purchase in the New Gurgaon are GLS Avenue 81 in sector 81, Signature Global Superbia, Pyramid Heights, Pyramid Elite, Pivotal Riddhi Siddhi, and Pareena Om Apartments, etc. New Gurgaon inhabits around 25-30 sectors. The sectors which come under the head of New Gurgaon begin from sector 76 to sector 99A. All the above-mentioned factors endeavor towards making New Gurgaon progresses towards becoming a forthcoming residential arena.