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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
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