Real estate news on 37C Gurgaon: Affordable and well-connected

New projects, Residential Properties, Delhi-Gurgaon, Affordable Homes, ILD Grand, ILD Greens
Posted on Aug 11, 2015

Delhi/NCR

Sector 37C of Gurgaon is fast emerging as one of the most promising residential development hubs in Gurgaon with affordability, road connectivity, location, and handsome appreciation being its USPs. Ravi Kumar Mangalam writes

Sector 37C, Gurgaon, is developing as an attractive residential hub being minutes away from Hero Honda Chowk and in close proximity to major highways like NH-8 and the forthcoming Dwarka Expressway, which offer smooth connectivity to prime areas of Gurgaon and Delhi.

Realty watchers say that Sector 37C is one of the most affordable sectors of Gurgaon, as property prices here are within reach of the average salaried class and the professionals. Considering its strategic location and prospects of appreciation, 2BHKs are available, on average, for Rs 62 lakh while 3BHKs have an average price tag of Rs 86 lakh. In comparison, a 2BHK unit can cost, on average, over Rs 1 crore, in most parts of Gurgaon.

Residential property prices on Sohna Road are around Rs 8,000 per sq ft, on average, while Sector 37C, which is in close proximity to this area, has all-inclusive residential property prices at Rs 4,950 per sq ft on average.

The area has good connectivity with external roads and inter-sector roads with the development of multiple 60metre-wide roads and 24-metre-wide roads.

Also, as Sector 37C comes under the jurisdiction of Municipal Corporation of Gurgaon (MCG), residents here can enjoy all the government and municipal facilities like good street lights, running water, 24-hour electricity, local transportation, sewage system, etc.

The big news for the sector is the clearance of all major legal hurdles in the completion of Dwarka Expressway. The 18km-long highway will serve as an alternative link between Gurgaon and Delhi and is expected to ease traffic on the existing expressway. Also, the construction of Hero Honda Chowk Flyover--a major route from NH-8 to Sector 37C--is progressing at a fast pace. The third major road here, Pataudi Road, has been converted into a national highway, which means that it would be widened and upgraded accordingly.

Many reputed developers have launched attractive payment plans and price options to make the area affordable and within reach of the average homebuyer, when compared to the surrounding districts.

International Land Developers (ILD) has multiple real estate developments--ILD Grand, ILD Greens, etc--in the area. Both the projects offer premium 2BHK and 3BHK residences, duplex units, and penthouses.

Prashant Kalia, head of Sales & Marketing of ILD Group, says: “To provide quality residential apartments to homebuyers in Sector 37C, we have introduced all-inclusive prices with flexible-payment options in our projects, making them more attractive for the end users and investors.

“We have seen an increasing trend in sales with the support of all our active channel partners. Today's buyer takes time to decide and check all the relevant details before finalizing the location and project and it is easy to see that this sector offers housing units at very competitive prices compared to adjacent areas like Sohna Road. It's the best time to invest here, as we anticipate prices to go up soon with the development of 24-metre-wide and 60metre-wide roads adjoining our projects.“

International Land Developers was founded in 2006 by Alimuddin Rafi Ahmed, after two decades of land aggregation experience in the Delhi NCR.

The diversified ILD Group is currently implementing residential, commercial, and retail projects in Delhi, Gurgaon, and other parts of the NCR.

ILD has already built a 200-acre industrial township in Manesar and ILD Trade Centre, a bustling business address, on Sohna Road.

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