With so many options one is always confused where to buy property and why? Buying property weather residential or commercial in itself is a huge task. One should always have his/her homework done properly regarding the builder, prices, location etc.
Just to help we are trying to jot down some points regarding today’s hot location Golf Course Extension Road Gurgaon. Let’s see what is so unique about this location and why investor prefer Golf Course Extension over other location of Gurgaon.
v Relatively low price as compared to the development.
The most expensive and posh location in Gurgaon is Golf Course Road in which a person has to spend minimum of 3.5 Cr to buy a 3 BHK apartment (DLF Park Place). This price can go up to 35 Cr for DLF Camellias. So we can say a person have to spend 15,000 Rs psqft to 35,000 Rs psqft to buy residential apartment on Golf Course road. Now if we compare it to its adjoining Extension road then a person can buy an apartment from 95 Lakhs (Pioneer Park) onwards maximum going up to 6 CR (M3M Polo Suits), which means it, will cost you 6,500 Rs psqft (M3M Merlin) to 11,500 Rs psqft (M3M Polo Suits) only.
Now let us compare commercial property price of these to location. The retail price on Golf course road varies from 45,000 Rs psqft to 70,000 Rs psqft which is much higher from the retail price of Extension road which ranges from 13,000 Rs psqft (Capital City escape or Baani City Centre) to 24,350 Rs psqft (AIPL Joy Central). Commercial/office space of Golf course Road cost around 14000 Rs psqft to 25,000 Rs psqft as compared to the space of extension road which cost 6,000- 10,000 Rs psqft only.
v Connectivity: Golf Course Extension road is well connected from all the side. One side of this location as already mentioned is adjoining to Golf Course road the other side is attached to Sohna Road, which make it approachable from both Faridabad, and Sohna along with Delhi. So we can clearly see that it is directly connected from surrounding cities as well.
v Strong Infrastructure: Golf Course extension road is already developed infrastructural wise. Many reputed schools like DPS international, St. Xavier’s, Heritage School is already functional. Hospitals like Medicity, Alchemist etc are also very well connected from Extension road. Various sports academy is also running successful there. Apart from this the roads, commercial joints, green belts, sanitary exits make Extension an outstanding options
v Perfect mix of High rise and Low Rise: Golf Course extension road has perfect blend of High rise apartments and low rise floor which gives a spectacular view to the whole location. And a person can select home as per his/her choose as we all know that not everyone likes heights. This high and low rise combination with the backdrop of Aravalis make extension road a beautiful scenery.
v Presence of top class builders: Golf Course road is mainly developed by DLF but if we talk about extension road then it is a hub of all the reputed builders like M3M, Ireo, Adani, Bestech, Ansal, Vatika, Emaar, AIPL, Capital, Pioneer, Spaze etc. which again gives one high range of variety. Not only this the international concept and approach of these builders makes the location extra ordinary. One can feel the vibes and aura of Luxury from very beginning of Extension Road.
The planning of Golf course extension road and the development by the builders is definitely going to make it one of the posh localities with international standards. Given the current property rates it’s still the best option for investment.
Article by Vikram Gulia, City Space India 9871-42-4442 www.cityspaceindia.com