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Housing societies approaching fulfillment in Gurgaon nearing completion in 2022-24

In addition to its commercial and infrastructure advantages over other cities in the National Capital Region (NCR), Gurgaon includes many residential developments nearing completion. 99 Acre includes five such projects, which are expected to be implemented between 2022 and 2024.

Proximity to shopping malls, easy access to Delhi by subway, and thriving social and commercial infrastructure made Gurgaon a hit among real estate investors. Unsurprisingly, real estate industry veterans have repeatedly selected cities for their ambitious projects, and enthusiasm has been returned by investors and homebuyers alike. However, after COVID-19, homebuyers' interest has shifted to projects that are ready to be owned or nearing completion. Thus, the 99 hectares represent five housing projects in Gurgaon that will be occupied in the next 1-2 years.

Emaar Palm Heights - Sector 77

Emaar Palm Heights is a premier project available for ownership from August 2022. With excellent access via National Highway (NH) 48 and Dwarka Expressway, this is a low density project offering only 3 BHK apartments in three towers of 24 floors each. . The asking price for a house unit in Emaar Palm Heights is IDR 1.3 million (not including government fees). The project includes more than 40 facilities, including schools, kindergartens and daycare centers, business halls, and an amphitheater, among others. DLF Cyber​​City, MG Road, and IMT Manesar are about 15-20 minutes away.

Atmosphere Creation - Sector 22

Ambience Creations, slated for March 2022 delivery, offers 2, 3, 4 and 5 BHK apartments. The project features a modern wastewater recycling plant and a hydraulic pressurized water system. With over 60 percent open space, Ambience Creations offers 880 units across 20 towers. The starting price per unit is 1.75 rupees, excluding government fees. In terms of facilities, on-call doctors, medical centres, restaurants, business lounges, conference rooms and restaurants are some of the 77 facilities included in the project.

Alok Pasouan's owner, Hari Om Properties, describes the location, saying Sector 22's strategic position drives the majority of home sales in the neighborhood. The sector is close to NH-48, providing easy access to Manesar, the famous industrial hub of NCR. Besides, DLF Cyber ​​City is only five kilometers away.”

Smart World Garden - Sector 61 

Located on a golf course extension road, Smart World Orchard is under Deen Dayal Jan Awas Yojana (DDJAY) and is scheduled to be ready for occupancy in December 2020. The project has a compact four-storey structure with 800 units including 2 BHK and 3 BHK configurations. Each room has its own workspace and terrace. At the heart of the project is a 20,000-square-foot clubhouse that includes a lounge, conference room and swimming pool, among other amenities. Prices at Smart World Orchard range from Rs 1.46 crore to Rs 1.85 crore.

ATS Marigold - Sector 89A

Ownership of ATS Marigold is expected to commence in August 2023. The best features of this project, built with Spanish designs, include 100% backup power supply, reflexology garden and shopping centre. The condo is located on Jalan Raya Dwarka, making connecting with NCR easy and hassle-free. The project offers 428 units in 3 BHK configurations priced at Rs 1.13 each. Property values ​​at ATS Marigold have increased by more than six percent annually since January 2021. The main drivers of demand in this area are the proximity to IMT Manesar and the planned extension of the yellow metro line to Manesar.

Godrej Nature Plus-Sohna Road

With 70 percent open space, Godrej Nature Plus offers 1,200 residential units in 13 towers, each of which has 22 floors. All apartments here are corner apartments with unobstructed views of the city. Apart from that, the two acres of Green Central Theme and bulgur alarm are other highlights of this project. The complex, which is expected to be completed in June 2024, offers 2 BHK and 3 BHK apartments at a price of 1.02-1.19 rupees.

Commenting on the strategic location of the project, Ajay Taneja, owner of Agnayi Realtors said: “Sohna Road has ties to Manesar and Faridabad and caters to trained and hardworking professionals. Due to lower rental rates, many IT companies are located in this lucrative area. Also, the Delhi-Mumbai Industrial Corridor (DMIC) has an exit at Sohna Road, which facilitates connections to warehouses and factories in Sohna.

The residential landscape of Gurgaon is constantly changing and evolving, with infrastructure development supporting the city. However, you can also check out the near-complete project on the Noida-Greater Noida Expressway, one of the most thriving real estate destinations in the area. M3M Capital

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Location: Gurugram, Haryana, India

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