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Which are the best residential areas in Gurgaon?

Which are the best residential areas in Gurgaon?

Best Residential Places to live in Gurgaon
1. Best Place to Live in Gurgaon -DLF City Phase 1, 2, 3, 4, 5
2.Best Place to Live in Gurgaon -South City 1
3. Best Place to Live in Gurgaon -Sohna Road
4. Best Place to Live in Gurgaon- Palam Vihar
5. Best Place to Live in Gurgaon -MG Road
6.Best Place to Live in Gurgaon Sushant Lok 1
7. Best Place to Live in Gurgaon – South City 2
8. Best Place to Live in Gurgaon -Nirvana Country
9. Best Place to Live in Gurgaon -Golf Course Extension
10. Best Place to Live in Gurgaon -Gurgaon Sector 82
11. Best Place to Live in Gurgaon -Golf Course Road
12. Best Place to Live in Gurgaon- Gurgaon Sector 23
13. Best Place to Live in Gurgaon-Gurgaon Sector 57
14. Best Place to Live in Gurgaon – Sector 54
15. Best Place to Live in Gurgaon – Sector 23
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Which sector is best in Gurgaon?

Which sector is best in Gurgaon?

Gurgaon’s Sectors 43 and DLF are prominent residential areas that provide quick access to important business areas along Sohna Road, Golf Course Extension Road, and GCR. Due to the area’s strong connection and social infrastructure, residential growth has been rapid. In the micro market, home values have climbed by about 12 percent YoY and 17 percent over the past three years.
The future of Gurgaon real estate is promising thanks to a number of ongoing infrastructure projects like the Dwarka Expressway, Sohna Elevated Road, and Gurgaon-Rewari Highway to increase connectivity to adjacent cities. According to experts, this presents the ideal opportunity to purchase a home in Gurgaon.
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Is Gurgaon good for real estate?

Is Gurgaon good for real estate?

The demand for real estate has led to the city’s rapid development of townships. The prime areas are getting rapidly occupied, giving rise to the development of new residential areas. Home buyers considering where to invest in Gurgaon can think of buying homes in localities that are nearby schools, hospitals, malls, etc. They must also check whether civic amenities like water, road and safety, are in order or not.
As it is a corporate hub, there has been an exponential increase in the demand for flats and houses in the city. Honeywell, CiscDoo Systems Pvt. Ltd., and SDG Software are some of the top MNCs that run their business operations from Gurgaon. Due to its proximity to Delhi, Noida, and nearby developing areas, Gurgaon is also an industrial hub. Therefore, real estate investment in Gurgaon is the best choice for home buyers who are looking for lucrative job opportunities. The infrastructural development and expansion of civic amenities in localities like Golf Course Road and Dwarka Expressway symbolize the rising demand for residential properties in this city.
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Why is real estate so expensive in Gurgaon?

Q Why is real estate so expensive in Gurgaon?

Several reasons can contribute to this, notably increased housing demands, rise in luxury homes, industry development, and so on. According to specialists, the lowest costs might occur through any transfer or sale of a business property, condominium, or built-up residence. Whatever sales are made at the beginning of the calendar year are anticipated to increase for all Gurgaon markets for real estate categories.

This is attributable not just to the high demand for Gurgaon residential plots, but also to the high demand for luxury houses. There’s been a 10-25 per cent increase in regions along the Golf Course Road, Golf Course ext. Road areas along the Dwarka Expressway, districts around the Rapid Metro System, and sectors directly adjacent to the Southern Peripheral Road (SPR).

The fee of 55,000 per square yard has increased by Rs. 5000 in sections near the Golf Course Road, particularly sectors 27, 28, 43, and 42. The pricing in the new areas along the Dwarka Expressway has risen from Rs. 30,000 to Rs. 36,000 per square yard.

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Work on Gurugram sections of Dwarka Expressway to be completed by June-end, says NHAI

The 29km long Dwarka Expressway is being built at a cost of ₹9,000 crore and it will connect Shiv Murti on Delhi-Jaipur highway near Mahipalpur

The work on the Gurugram sections of the Dwarka Expressway will be completed by the end of June, the National Highways Authority of India (NHAI) officials said on Thursday, adding that the cloverleaf near the Kherki Daula toll plaza, which is a key structure that will connect Dwarka Expressway with Delhi-Jaipur highway and the Southern Peripheral Road, is ready and undergoing load testing currently.

Once completed, the Dwarka Expressway will ensure seamless commuting inside the city as well as between Gurugram and Delhi. It will also enable commuters to access the Delhi-Mumbai Expressway via Badshahpur, the officials said. 

The 29km long Dwarka Expressway is being built at a cost of ₹9,000 crore and it will connect Shiv Murti on Delhi-Jaipur highway near Mahipalpur with Kherki Daula after passing through several residential sectors of Gurugram. The highway project was taken over by the NHAI in 2018 and work on it was started in 2019. 

Nirman Jambulkar, project director, NHAI, said the work on the project is in the finishing stages and it will completed by the end of June. 

“The work on cloverleaf has been completed and it now undergoing load testing. The work on package three (from Basai crossing to Bajghera on Delhi border) and package four (from Kherki Daula to Basai crossing) is also nearing completion and will be over by June,” he said.

Package three of Dwarka Expressway starts from Bajghera on Delhi-Haryana border and culminates near the Basai railway overbridge. It is 10.2km long and passes primarily through sectors 102, 103, 104, 105, 106, 109, 110, 111, 112 and 113 in Gurugram.

Package four is 8.77km long and starts from Basai rail overbridge and culminates at Delhi-Jaipur highway near Kherki Daula. It includes the cloverleaf that will connect the expressway with Delhi-Jaipur highway and the Southern Peripheral Road. 

A senior official of L&T, the highway contractor for package three and four, said the work on package four is 99% complete while that on package three is 95% complete. “We have completed the work on cloverleaf and it is being load tested. The trumpet tower, which will connect the road to Manesar, is also ready. We have also opened the Bajghera underpass for traffic trials,” said the senior official, asking not to be named.

A key vehicle underpass in package four, just ahead of Pataudi crossing, will also be opened to traffic in the next 15 days, said NHAI officials, adding that with this, work will be almost over on this stretch.

The work on packages one and two of the expressway, which lie in Delhi, is likely to be completed by end-December, said the highway contractor. 

“We have completed almost 90% work on the package two (Bajghera and Dwarka Urban Extension Road) and about 65% work on package one (from Dwarka to Mahipalpur). The work is on in full swing and we are confident of completing it this year,” said Rajendra Singh Rawat, project manager, J Kumar Infraprojects Ltd, the contractor for packages one and two.

A senior official of J Kumar Infraprojects Ltd, however, said the work on package one required the shifting of utilities. Also, the construction work was taking place amid a high volume of traffic, which is impacting the pace of work. “It is likely that package one would be ready only by April 2024,” he said, asking not to be ready. 

It may be noted that last month, Union transport minister Nitin Gadkari, during his visit to Urban Extension Road-2, said he will review the work on Dwarka Expressway in May. However, NHAI officials said they still have not got any directions regarding the visit. 

There is also speculation that Prime Minister Narendra Modi will inaugurate the expressway once it is ready by June, but NHAI officials said they were not aware of any such proposal.

Gurugram member of Parliament and Union minister of state Rao Inderjit Singh, who is pursuing the project, said he had met Gadkari last week. “I was informed that the transport minister will inspect the highway and the cloverleaf in May. We welcome him and Prime Minister Narender Modi to inaugurate the project as it would be a great honour for both Gurugram and Haryana,” he said. 

Prakhar Sahay, a civic activist, who has been following the construction of this road since long, said while most of the work is complete on packages one and two, the authority needs to expedite the shifting of power lines near Pataudi crossing and also push the work on the railway overbridge. “This road will definitely reduce congestion and improve connectivity between Delhi and Gurugram, particularly on the national highway,” he said.

Dwarka Expressway was envisaged by the Haryana government in 2006. The project, however, failed to take off due to land acquisition issues and legal tangles. Later, the Haryana government approached the Union transport ministry to take over the project.After the in-principle declaration of the expressway as a national highway in 2016, the NHAI took over the project and started work.

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Property use changed in Gurgaon , 16 teams to examine tax loss

A total of 1,244 commercial properties in the Gurgaon city have changed their category to residential properties, 514 to industrial use, 95 to institutional use and 403 to vacant plots.

GURUGRAM: MCG has constituted 16 teams to check tax evasion by changing the use of properties from commercial to residential, and industrial or institutional and submit a report by April 30.

A total of 1,244 commercial properties in the city have changed their category to residential properties, 514 to industrial use, 95 to institutional use and 403 to vacant plots.

The MCG officials said this change in property categories was found after a private agency, hired by the MCG to carry out a property tax survey, submitted its report last year.

The MCG teams will now verify if the property categories were changed. Teams will also check the public parking sites, including those in shopping malls, which are charging parking fees from residents.

Commercial properties in the city, such as shopping malls, can get a tax rebate if they provide free parking to the public.

“We have found anomalies after a private agency carried out a survey of properties in the city last year. 16 teams have been formed to check tax evasion. The teams will check all the commercial properties, which have registered a change in their category. Besides the teams, four joint commissioners and three additional commissioners will randomly check 5% of these properties each so that the cases are verified. I have asked the teams to submit a report by April 30. The aim of this exercise is to stop loss of revenue to the civic body,” MCG commissioner PC Meena said.

For a residential property, the tax for the ground floor is Rs 1 per sq yard with a plot size of up to 300 sq yards whereas, for a commercial space, the tax for the ground floor is Rs 24 per sq yard with a plot size up to Rs 50 sq yards.

The MCG officials said that the change from commercial to any other category including residential and institutional implies that the property owner has to pay less amount of tax. Property tax is one of the major sources of income for the civic body.

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GURGAON : Town planner seeks help from cops, revenue department in fight against illegal colonies

According to officials, the offenders are utilising this gap and carving out illegal colonies on prime agricultural land in violation of Haryana Development and Regulation of Urban Areas Act, 1975.

GURGAON : Construction of illegal colonies is again rampant on the city outskirts due to lack of coordination between department of town and country planning (DTCP), revenue department and police.

According to officials, the offenders are utilising this gap and carving out illegal colonies on prime agricultural land in violation of Haryana Development and Regulation of Urban Areas Act, 1975.

In order to address the issue, the DTCP has written to revenue department officials to not register any sale deed in such illegal colonies and has also asked police to check construction of illegal colonies in the city’s outskirts.

Section 7A of the Act states that the registration of sale deed of a plot having a size less than 1 acre is not allowed without a no-objection certificate (NOC) from the DTCP. The rule has already been mandated across 95 villages in Gurgaon.

District town planner (enforcement) Manish Yadav said the violation of Act is a punishable offence with imprisonment up to 3 years, therefore, the department will write to police to stop the development of unauthorised colonies being done by the offenders and register FIR against them and other offenders whose name gets associated with the offence during investigation.

“We have requested the people that the government has launched a scheme for regularisation of unauthorised colonies outside municipal limits. The RWA/ developers are requested to submit their applications in the DTCP office and avail this benefit. Otherwise, action against the unauthorised colonies will be continued strictly,” Yadav said.

The state government has issued guidelines for illegal colonies developed before June 2022 and the DTCP is working to regularise these colonies, apart from keeping a strict vigil to prevent the mushrooming of illegal colonies.

The DTCP director’s office has issued strict instructions to check illegal colonies, Yadav said. “Surveys are being conducted across the state and action will be taken against offenders who are involved in developing illegal colonies,” he added.

To prevent innocent homebuyers and investors from investing in such illegal colonies and getting cheated, the department has started installing warning boards at the sites where illegal colonies had come up and were demolished and also in the areas which the offenders might target.

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Priority 4 in affordable housing Gurgaon Haryana

Priority 4 in affordable housing Gurgaon Haryana

FOR OWNING ANY AFFORDABLE APARTMENT / Huda PLOT 

Priority 3 in affordable housing Gurgaon Haryana

FOR NOT OWNING ANY AFFORDABLE APARTMENT / Huda PLOT 

Priority 2 in affordable housing Gurgaon Haryana

BY IDENTIFIED BENEFICIARIES UNDER PMAY SCHEME
INDIA NATION CATEGORY

Priority 1 in affordable housing Gurgaon Haryana

BY IDENTIFIED BENEFICIARIES UNDER PMAY SCHEME
STATE CATEGORY

 

 

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GANGA REALTY DRAW DATE & DRAW RESULTS Project Name :- TATHASTU

GANGA REALTY TATHASTU DRAW DATE is final now. Ganga Realty Tathastu Proposed Draw Date & Time: 24-04-2023 16:45. Ganga Realty Tathastu Draw Results will be live Soon on Youtube Live.

The draw of flat in the purpose residential affordable group housing project, “Ganga Realty Tathastu” at Sector 5 Sohna, South of Gurgaon, Haryana to be spread by GANGA REALTY.

Ganga Realty Tathastu” at Sector 5, Sohna, South of Gurgaon, Haryana to be developed by GANGA REALTY. Ganga Realty Tathastu Draw Date 24 April 2023 at 04:45PM onwards at Gurgaon in the presence of the committee constituted under the Haryana Affordable Housing Policy 2013 and amendment thereon with the help of live streaming on Youtube.

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Why Property In Gurgaon Will Cost Much More …?

The Haryana government has proposed higher collector rates for the Gurgaon district, marking the second revision for current financial year. The state government currently reviews the collector rates – also known as circle rates – applicable to the region twice a year. Collector rate is the minimum value at which a property is registered at the time of changing hands, and is a major source of revenue for authorities. These rates are administered by state authorities from time to time, and therefore vary from city to city. While the proposed collector rates may affect demand in the district, it may boost the Noida and Greater Noida markets, say property consultants.

  • Here are 10 things to know:
  • In a statement dated December 27, the Gurgaon administration notified the proposed collector rates applicable to five divisions and four sub-divisions in the region for the second phase of financial year 2019-20.
  • The five divisions are Gurgaon, Sohna, Manesar, Pataudi and Farrukhnagar. The sub-divisions are Wazirabad, Badshahpur, Kadipur and Harsaru. The district administration has urged people to submit objections and suggestions till January 10.
  • A higher collector rate – also known as circle rate – means property registration and transfers will bring higher revenue for the government in the form of stamp duty. The move to double the circle rates in some of the major markets in Gurugram district surprised many property consultants.
  • “As it is, both demand and liquidity in the market are tepid. This proposed hike would further dampen end-user and investor sentiments, and thus the overall prospects of these markets in the New Year,” Santhosh Kumar, vice chairman of ANAROCK Property Consultants, told NDTV. “Both the primary and secondary housing markets will be negatively impacted by the hike.”
  • “The most immediate impact will be on the luxury housing market in many upscale areas along Golf Course Road and various other sectors in the Gurgaon city,” said Mr Kumar.
  • Currently, the Gurgaon administration reviews the circle rates twice every year, a scheme adopted in October 2017 to narrow the gap between market and collector prices on sale of property.
  • A stamp duty of 8 per cent for urban parts and 6 per cent for rural regions is applicable for registration of property in the district.
  • Gurgaon has the highest unsold stock in the entire National Capital Region (NCR) of about 57,950 units as of 2019-end, according to ANAROCK research. The proposed hike in major areas will “only worsen the situation for developers looking to shed their unsold stock”, Mr Kumar added.
  • Mr Kumar is among many property experts who had expected the circle rates to largely remain unchanged if not come down marginally.
  • “The market rates have hardly seen any changes in recent quarters,” he added.
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