Introduction
Gurgaon, often referred to as the ‘Millennium City,’ is one of the most dynamic real estate markets in India. Over the past few decades, it has transformed from a sleepy town into a bustling metropolitan area, with sky-high property prices and world-class infrastructure. The well-known sectors like 15, 29, and 56 typically dominate the real estate conversation in Gurgaon. However, beyond the limelight, there are several underrated locations that offer excellent potential for real estate investment.
These hidden gems provide promising opportunities for buyers and investors looking for more affordable options, while still benefiting from Gurgaon’s booming economy and rapid urbanization. In this blog, we will explore some of these underrated locations in Gurgaon that have immense potential for future growth and offer great investment prospects.
1. Sector 89 and Sector 90
While many investors gravitate towards the more established sectors, Sector 89 and Sector 90 offer great opportunities for long-term growth. Located close to NH-8 and the Dwarka Expressway, these sectors are seeing significant infrastructure development and are poised for appreciation in property prices.
- Infrastructure Development: Both sectors are well-connected to the major parts of Gurgaon and Delhi, making them accessible to working professionals. With the construction of the Dwarka Expressway, connectivity is only going to improve.
- Affordable Property Prices: Compared to the more popular sectors, the prices in these areas remain relatively lower, making them attractive for buyers seeking affordable housing.
- Future Growth: With many real estate projects in the pipeline, these sectors are expected to become prime residential locations, offering high returns on investment in the coming years.
2. Sector 99A and Sector 99
Another lesser-known but promising investment destination is Sector 99A and Sector 99. Located near the Dwarka Expressway, these sectors offer a quiet, suburban feel while still being close enough to the heart of Gurgaon.
- Close to Dwarka Expressway: Being close to this major arterial road gives Sector 99A and Sector 99 fantastic connectivity to both Delhi and Gurgaon.
- Residential and Commercial Potential: Both sectors are designed for mixed-use development, which means both residential and commercial spaces will thrive here, creating a balanced, self-sustaining neighborhood.
- Growing Amenities: The upcoming infrastructural developments like schools, hospitals, and shopping complexes make this area increasingly attractive for homebuyers and investors.
3. Sector 37C and Sector 37D
Often overlooked due to the popularity of its neighboring sectors, Sector 37C and Sector 37D are quickly gaining traction among real estate investors due to their strategic location and affordable pricing.
- Strategic Location: These sectors are well connected by the Golf Course Extension Road, making them a short drive away from prime locations like Sector 56 and Sector 49. Additionally, the presence of the proposed metro line and close proximity to IGI Airport further boosts the appeal.
- Affordable Housing: Unlike the more premium areas of Gurgaon, properties in these sectors are still relatively affordable. This makes them an excellent choice for first-time homebuyers or those looking to invest in residential or rental properties.
- Future Growth: These sectors are expected to see significant development in the next 5-10 years, especially as the Gurgaon metro network expands and the road infrastructure improves.
4. Sector 88 and Sector 88A
Located on the periphery of Gurgaon, Sector 88 and Sector 88A are two undervalued areas that are set to become key residential hubs in the future.
- Proximity to NH-8 and IGI Airport: These sectors are strategically located near NH-8, providing quick access to Delhi, and are also well-connected to the airport, making them ideal for frequent travelers and professionals working in Delhi.
- Affordable Rates with High Potential: Currently, the property rates here are still on the lower side, which presents a great opportunity for investors to enter the market at an affordable price before the prices rise.
- Residential Development: Several large-scale residential projects are underway in Sector 88, and as the area becomes more developed, property prices are expected to appreciate significantly.
5. Sector 102 and Sector 104
Sector 102 and Sector 104 are emerging locations on the edge of Gurgaon that offer excellent prospects for investment, particularly for those seeking more affordable options.
- Proximity to Proposed Airport: The development of the new Jewar International Airport will greatly impact the real estate value in areas surrounding it, including Sector 102 and 104. This upcoming airport will be one of the major growth drivers for the region, and property prices are expected to increase as demand for housing rises.
- Good Connectivity: The sectors are well-connected to the Dwarka Expressway, NH-8, and the upcoming metro line, making travel to Gurgaon’s business hubs and Delhi’s commercial centers convenient.
- Future Growth Potential: With both sectors undergoing infrastructure development and more residential and commercial projects in the pipeline, they are expected to appreciate in value in the coming years.
6. Sector 72 and Sector 73
Although Sector 72 and Sector 73 are often overshadowed by the bustling sectors in central Gurgaon, they offer substantial growth potential.
- Affordable Housing: The properties in these sectors are generally priced lower compared to prime sectors, making them an attractive option for those on a budget.
- Close to NH-8 and Sohna Road: These sectors benefit from their proximity to NH-8, Sohna Road, and the proposed metro stations, offering connectivity to major employment centers in Gurgaon and Delhi.
- Planned Development: Several residential projects are under development, and the presence of schools, hospitals, and shopping malls nearby increases the long-term viability of these sectors for real estate investment.
7. Sector 58 and Sector 59
Though they are closer to the more developed parts of Gurgaon, Sector 58 and Sector 59 remain relatively underrated compared to the more prominent areas.
- Commercial and Residential Balance: These sectors are fast emerging as a hub for both commercial and residential properties, providing potential for mixed-use development and high rental returns.
- Strategic Location: Located near the Golf Course Road Extension, these sectors are well-connected to the main city and business districts, providing easy access to both work and leisure areas.
- Rising Demand: As more professionals move to Gurgaon for work, the demand for rental properties in these sectors is expected to rise, making them a strong contender for long-term investment.
8. Sector 56 and Sector 57
Sector 56 and Sector 57 are often overlooked because of their proximity to the more established areas of Gurgaon, but they are proving to be attractive for real estate investment due to their central location and lower property rates.
- Better Connectivity: These sectors are close to key roads like the Golf Course Road, Sohna Road, and the MG Road, making them easily accessible from other parts of Gurgaon and Delhi.
- Good Amenities: The presence of good schools, hospitals, and shopping malls in the vicinity makes these sectors a preferred choice for families.
- Growing Real Estate Market: As the demand for housing in Gurgaon grows, areas like Sector 56 and 57 will become even more attractive, with high potential for price appreciation.
Conclusion
While well-known areas in Gurgaon may grab the headlines, these underrated locations provide an equally compelling case for real estate investment. From affordability to growth potential, sectors like 89, 90, 37C, 99A, and more offer excellent opportunities for investors who want to make the most of Gurgaon’s real estate boom without paying a premium for prime locations.
If you are looking to invest in Gurgaon, consider exploring these hidden gems. As the city continues to expand and evolve, these areas are bound to emerge as high-demand locations with substantial appreciation in property values.
