Gurgaon needs no introduction to realty buyers and investors. The demand of properties in the city is drawing buyers from other cities as well. Those who are searching for affordable properties in Gurgaon can check the Sector 66, 67, 68 and 69 near Sohna road. Realty, residential and commercial, in these localities is expected to yield good returns. Real Estate experts feel that investing in property in Sector 66 in Gurgaon will give back more than double in returns in the coming 2-3 years.   

The recent prices, as reported by property consultancy firms, have drawn investors to property in sectors adjacent to Sohna road.  Residential prices in the close by sectors range from Rs 4500-6000 per square feet as of January 2013. The property rates in Gurgaon’s 47, 48 and 49 sectors are steep and residential units are sold in the range of 8000-10,000 per square feet. These sectors fall on the Sohna road.

Affordable Property in Sector 66 and 67

Investors and end-users looking for affordable rates have started exploring new options near Sohna road and property in Sector 67 Gurgaon are  have rates still low as compared to those right on the stretch.

The property market of Gurgaon is as much an end user’s market as investor driven. The sectors of 66 and 67 in Gurgaon are receiving the attention from investors as potential to high returns. Various stages of development, the prices are still low in these sectors. Homebuyers searching for budget property can investment in residential projects here.  

Industry experts also add that with the growth graph, property prices are increasing. The last 2-3 years, sectors 66, 67, 68 and 69 have witnessed capital appreciation, with some properties close to 50 per cent.

Residential Projects

Upcoming residential projects in these sectors cater to the budget buyers. 2bhk and 3 bhk apartments in Gurgaon are available in these projects. The residential units are part of the self-contained complex. Round the clock security, water supply and power back up are available in these projects. Other features include gymnasium, sports room, jogging tracks, shops, clubs and even a playground for kids.

Some of the upcoming projects are given below:

• ERA Group’s ERA Sky Ville
• Ansal Esencia from Ansal API
• Unitech coming with Unitech Sunbreez
• Tulip Purple and Tulip Orange from Tulip Group
• Eden Heights by Gupta promoter

2to 3 years for possession

Homebuyers investing in properties in Gurgaon have to wait for possession for 2 to 3 years. The projects are in the starting stages and it generally takes about 3 years to complete. Possession is given once the entire residential complex is completed.

Investors can benefit as another price revision is expected with the civil and physical infrastructure happening at a faster pace.

Article Posted By : itsmevish8  On February 04, 2013lView All Articles

Vishal Kr Srivastav is a professional writer engaged in writing informative content for more than 2 years. I write exclusive content for Indian premier property website, 99acres.com. Articles on real estate,

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Property in Sector 66 Gurgaon , Property in Sector 67 Gurgaon