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On the other hand, when comparing it to the Southern Peripheral Road, we have the likes of Unitech, Emaar, IREO, etc dominating this region. 2 to 3 bhk apartments ranging from Rs. 85 lakhs to about Rs. 1.5 crore and it can also go over Rs. 3 crores. This region has the most luxurious living life style as compared to the Northern Peripheral Road.
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When comparing both of them, it is seen that the development around Southern Peripheral Road is going at a rapid pace with developers like Unitech, DLF, Vatika, etc building residential houses. This road also connects you to MG Road; NH8 which leads to Delhi and Jaipur. With metro coming to this region in the near future makes it a hot spot in Gurgaon for your home.
These flats have all contemporary facilities like water or power supply, security, privacy, open spaces and so on. You will also find conventional flats, luxury villas and well furnished studio apartments. If you have savings and want to get flats in the city, then studio apartments is the best option. This is not only affordable and comfortable but also well equipped with all modern facilities. This studio apartment is also available for rent. Therefore, if you are looking for a living option on temporary basis, then well equipped studio apartment is the best choice.
SPR connects MG Road with Gurgaon Expressway (NH8) while NPR, also called Dwarka Expressway connects Dwarka in Delhi with the expressway. Developers like BPTP are coming up with their residential projects like, Amstoria, Park Serene and Spacio, while Ramprastha on the other hand has its ongoing biggest Ramprastha City which includes Skyz, Edge Towers, View and Atrium spreading in the land area of 450 acres out of which 15 acres of land has been given to the Dwarka Expressway. The current rates for apartment by these 2 major developers of the Northern Peripheral region ranges from about Rs. 60 lakhs to Rs. 1 crore depending on the size ranging from 1600 to 2200 Sq.ft.
The magic figure 1 crore that we were so used to hearing from our fathers has lost its credibility in todays market. But let me remind you that this magic figure still exists in Real Estate in Gurgaon. Those who are planning to invest in Real Estate in Gurgaon and have a budget of 1 crore, dont shy away. The two important developments which any investor or end user of residential or commercial property may like to note would be the Southern Peripheral Road and the Northern Peripheral Road as specified by the Gurgaon Master Plan 2025. Most of the developments are happening in these areas. The SPR and NPR together would form a ring around Gurgaon and connect Palam Vihar and MG Road through NH-8 near village Kherki Daula.
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Gurgaon is situated in NCR and it has become a chief corporate centre. Most of the multinational companies are located their corporate office in Gurgaon. People from various states are coming to Gurgaon for superior job hopes and excellence way of life. A lot of this migrant public is growing day by day. Due to this reason, the real estate prices of Gurgaon have been mounting. Moreover, the establishment of the distinguished education institutions has also increased the demand of property in Gurgaon. You will find several new Flats in Gurgaon. These plats are available at reasonable price and it is located near corporate office. You can easily access shopping malls, schools, hospitals and market. Transport facility is also good in Gurgaon.
