Wednesday, May 18, 2011

Golf Course Road – An upmarket destination in Gurgaon

Gurgaon

Golf Course road comes to mind instantly when we talk about a prime location in Gurgaon. Golf Course Road has gained the reputation of providing some of the finest projects with prominent builders of the likes of DLF, Emaar MGF, Unitech Group, Ansal API, BPTP Ltd, and many more having their presence in this area.

The surprising fact is that it is not only the high income group (HIG) who are investing in this locality the middle income group (MIG) too, have bought apartments here. The reasons for this are the presence of a good social network and location advantage. The ongoing value of apartments in this locality is between Rs 8,000 and 10,000 per sq ft.

Vijay Agnihotri of Ankit Real Estate said that the main reason for high demand in this locality is that it provides a buyer the comfort of being within the Gurgaon limits and also close to all facilities - hospitals, schools and malls. “It is an ideal experience for a buyer to have everything within easy distance and Golf Course Road provides that.”

As for rental values, the range is between Rs 40,000 to 50,000 for a 2 BHK. Rental values in this locality have witnessed a steep increase owing to demand for rental housing as many people are looking for comfort of living when they migrate to Gurgaon for jobs.



Source:- Magicbricks

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