Why Sec-59 Golf Course Ext. Road, Gurugram has emerged as preferred Real Estate market for IT professionals?

Why Sec-59 Golf Course Ext. Road, Gurugram has emerged as preferred Real Estate market for IT professionals?

03 June, 2021

In the past decade, India has experienced major infrastructural developments. One of the major parts of India that has witnessed major infrastructural development is Gurgaon (Gurugram). Known for its futuristic charm, Gurgaon has been on the top preferences for almost every industry. The millennial city has attracted business giants, industry leaders, and entrepreneurs due to the presence of international business centers, global IT clusters, and skyline dotted with premium residential spaces.

Recently One of the micro markets, Golf Course Extension Road (Southern Peripheral Road) in Gurgaon has emerged as one of the most sought-after residential corridors. Sector 59 area on Golf Course Extension Road is garnering a lot of attention of people especially the big honchos from IT industry. Backed by the presence of prime residential projects, strong connectivity links, and home to many tech giants, it has attracted people who demand several residential options. Elevate Hines, Gurgaon and Mahindra Luminare, Gurgaon are some of the new residential projects that have captured the attention of investors and end users alike from IT and services industry.

Some of the growth factors that have helped Sector 59 a promising real estate micro-market are

  • High Quality Social Infrastructure: Sector 59 on Golf Course Road neighbours many proposed high-end developments like a five-star hotel by Grand Hyatt. Its also in close vicinity of Top notch schools like Heritage, Shri Ram Global and DPS, Shopping Avenues like Spencers, Hospitals like Artemis and Paras, Rapid Metro Station,Retail and servicedapartments that certainly ensure good rental yields.

  • Presence of Special Economic Zones (SEZ): With the aim of creating a stable economic environment for the promotion of export-import of goods in a quick, efficient manner, a sector specific SEZ for IT and ITes is essential for a location to be of pull for IT professionals.Sector 59 has many leading Tech companies like Mahindra Comviva, Samsung, Snapdeal and Xebia among others so that is why it has emerged as preferred place for IT professional looking to buy Apartments in prestigious Condominiums on Golf Course Extension Road Gurgaon.

  • High-end Housing options: Recently, many people have shifted from many parts of the world to Gurgaon which offers luxurious and ultra-luxurious properties at affordable prices, something which today’s generation is in dire need of. People who are employed in the big corporates such as Sapient, E&Y, Genpact and many others that are situated on neighboring Golf Course Road also for luxurious living abodes on Golf Course Extension Road because it is less densely populated then Golf Course Road. Sector 59 on Golf Course Extension Road presents them numerous options that are constructed (Ireo Grand Arch, Tata Raisina Hills, Mahindra Luminare) or are under construction like Elevate Hines that has high-end apartemnt options, consider checking out apartments by Elevates Hines, Gurgaon in Sector 59at: https://www.andlayestates.com/elevate-hines.html

    • High-end Housing options by Elevates Hines, Gurgaon in Sector 59
  • Well-Developed Sound Infrastructure: Located on the Golf Course Road and surrounded by perfectly developed localities such as Sector 61, 55, 56 and 60, Sector 59 presents a lot of opportunities in front of the millennial buyers. Sector 59 boasts the advantages of easy access to existing well-developed social infrastructure such as schools, hospitals, cineplexes, retail markets, convenience stores, shopping malls and recreational centers. Hospitality interactions located nearby include DoubleTree by Hilton and Lemon Tree Hotel.

  • Smooth Connectivity: Golf Course Extension Road ensures Sector 59’s connectivity to other prominent areas. Golf Course Extension Road whichensures that Delhi is easily accessible through the Delhi-Gurgaon Expressway(NH 48).
    Upcoming infrastructure projects such a Delhi-Mumbai Industrial corridor (DMIC), the Dwarka-Gurgaon Expressway, the Western and Eastern Peripheral Expressways. Upon completion of these projects, the value of Golf Course Extension Road will strengthen further which will result in greater demand of residential and commercial spaces and further lead to firming up of rates in Sector 59, Gurgaon as it would be a direct beneficiary.

    • Smooth Connectivity Golf Course Extension Road ensures Sector 59, Gurgaon
  • Booming Commercial Infrastructure: The commercial infrastructure near Sector 59 is thriving as many commercial spaces are already operational. Nearby Sector 58 is home to many commercial spaces which includes mix of restaurants, cafes, supermarkets, and shopping complexes.Entertainment hubs like Omaxe Gurgaon Mall, Omaxe City Centre, Megapolis Mall, and Raheja Mall lie in proximity to the area.

Summing up
These are some of the reasons for why Golf Course Ext. Road, Gurugram has emerged as preferred micro market for IT professionals.

Backed by various types of realty projects available at premium prices and well-established amenities, the Extension Road provides abig advantage to millennials, IT professional and investors. Most of the realty projects on Golf Course Extension Road, Sector 59 are poised to yield health returns. The biggest drivers for robust home sales in the area is the presence of trustworthy real estate brand which are providing such beautiful spacers at an attractive price point. The Golf Course Extension Road presents various opportunities for all in the future. Check Elevate Hine Gurgaon, Sector 59 at: https://www.andlayestates.com/elevate-hines.html