Plots in Gurgaon
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The unexpected overall growth and progress in Guraon has resulted into steep hike in land prices. The scarcity of land in Delhi is also a contributory factor for the increase in prices. Moreover from the Gurgaon Master Plan 2021 it is quite obvious that over 75% land has been earmarked for high rise housing complexes and balance 25% for plotted residential and commercial projects. It strengthens the view point for scarcity of residential land giving an continuous impetus in rise in land prices in Gurgaon.
Besides the plots as in DLF City , South City and Sushant Lok etc it is observed that HUDA has a sizeable contribution in developing residential land in various HUDA Sectors . In the recent past there had been revision in circle rates on higher side and with that stability in prices was expected, but surprisingly, the rising trend of the land prices continues.
The prices of HUDA plots in old Gurgaon have not comparatively increased as much as the prices on the other side of the highway because mostly every sector has an significant “Add on” USP to justify its location advantage, as Sector 31 being on NH-8 the neighborhood of posh apartment complex of Atlantis, Sector 41 is adjoins posh locality of Unworldly city and World Spa, sector 39 and 51 are associated with Medicity and Artemis hospitals, likewise 46 has the UPS of Unitech Cyber park on one side and Artemis Hospital/Amity school on the other end.
By and large every sector has a distinctive “Add on”. As amongst HUDA Sectors, the price of land 42 sector on Golf course Road is being quoted more than 82000 per sq. yd. as it is adjoin DLF PHASE-1 as well as adjacent to Aralias and Central park-1 .The average resale price of land in HUDA Sectors is ranging from Rs.65000-82000 per. Sq.yd. According to the real estate experts, the Present Trend will continue and by the end 2013 the land rates in HUDA Sectors would cross Rs.150000 per.sq.yd.
GUPTA PROMOTERS
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