29 apr 2013 business standard gurgaon is the new south delhi
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This document discusses property price trends in Gurgaon, India over the past 3-4 years. It shows that property prices in Gurgaon have risen significantly, making it an attractive market for real estate investors looking for high returns. Tables of data are presented on current capital values for apartments and independent houses in various Delhi and Gurgaon neighborhoods. Recent new real estate project launches in Gurgaon are also listed, along with their price ranges.
29 apr 2013 business standard gurgaon is the new south delhi
- 1. DESTINATION OF DREAMS Ariseinpropertypricesoverthepastthree-fouryears indicateGurgaonisnowinthespotlightforinvestorslooking forextraordinarypropertyreturns Shanti Niketan / Vasant Vihar Anand Lok Golf Links/Jor Bagh & Westend Sunder Nagar Gurgaon- Gurgaon-South Gurgaon New Gurgaon Peripheral Road Capital value for apartments in Delhi (in ~/sq ft) 32,000- 35,000 500,000- 525,000 1,825 4,100 6,991 1,900 3,253 3,141 3,537 10,500 11,780 2,820 3,388 4,983 2,550 4,206 17,215 25,340 24,222 27,236 5,403 6,145 500,000- 550,000 470,000- 500,000 475,000- 500,000 725,000- 800,000 725,000- 875,000 370,000- 410,000 380,000- 420,000 650,000- 775,000 725,000- 850,000 650,000- 700,000 675,000- 725,000 900,000- 10,00,000 28,000- 34,000 48,000- 58,000 48,000- 58,000 28,000- 31,000 26,000- 32,000 35,000- 48,000 35,000- 50,000 23,000- 25,000 25,000- 30,000 35,000- 45,000 35,000- 45,000 44,000- 48,000 48,000- 54,000 85,000- 95,000 85,000- 95,000 Navi Mumbai-Vashi Bangalore-Whitefield Capital value for independent houses in Delhi (in ~/sq yard)In Gurgaon Some new project launches in recent times Realty prices (~/sqft) Name of project Location No of units DLF Ultima New Gurgaon 900 1,000 Trees, Geoworks Dwarka Expressway 700 Imperial Gardens by Emmar MGF Dwarka Expressway 580 Nirala, Greenshire Greater Noida 450 GolfVillage, Supertech Yamuna Expressway NA Data from Cushman & Wakefield 900,000- 11,00,000 11,00,000- 13,50,000 11,00,000- 13,50,000 Property prices (~/sqft) Newlaunches (in units) *This data, from PropEquity, refers to primary market and residential apartments only. It is representative of organised real estate developers Data by PropEquity New Gurgaon includes Sectors 81, 82, 82A, 83,84,85,86,87,88,89, 90,91,92,93,94,95; South Perpheral Road includes sectors 69,70,70A,71,72,72A,73,74,74A,75,75A; These two areas are the most developing in Gurgaon currently Source: PropEquity 2009 2010 2011 2012 Shanti Niketan / Vasant Vihar Anand Lok Golf Links/Jor Bagh & Westend Sunder Nagar Source: CBRE