29 apr 2013 business standard gurgaon is the new south delhi
- 1. DESTINATION OF DREAMS
Ariseinpropertypricesoverthepastthree-fouryears
indicateGurgaonisnowinthespotlightforinvestorslooking
forextraordinarypropertyreturns
Shanti Niketan / Vasant Vihar Anand Lok Golf Links/Jor Bagh &
Westend Sunder Nagar
Gurgaon- Gurgaon-South Gurgaon
New Gurgaon Peripheral Road
Capital value for apartments in Delhi (in ~/sq ft)
32,000-
35,000
500,000-
525,000
1,825
4,100
6,991
1,900
3,253
3,141
3,537
10,500
11,780
2,820
3,388
4,983
2,550
4,206
17,215
25,340
24,222
27,236
5,403
6,145
500,000-
550,000
470,000-
500,000
475,000-
500,000
725,000-
800,000
725,000-
875,000
370,000-
410,000
380,000-
420,000
650,000-
775,000
725,000-
850,000
650,000-
700,000
675,000-
725,000
900,000-
10,00,000
28,000-
34,000
48,000-
58,000
48,000-
58,000
28,000-
31,000
26,000-
32,000
35,000-
48,000
35,000-
50,000
23,000-
25,000
25,000-
30,000
35,000-
45,000
35,000-
45,000
44,000-
48,000
48,000-
54,000
85,000-
95,000
85,000-
95,000
Navi Mumbai-Vashi Bangalore-Whitefield
Capital value for independent houses in Delhi (in ~/sq yard)In Gurgaon
Some new project launches in recent times Realty prices (~/sqft)
Name of project Location No of units
DLF Ultima New Gurgaon 900
1,000 Trees, Geoworks Dwarka Expressway 700
Imperial Gardens by Emmar MGF Dwarka Expressway 580
Nirala, Greenshire Greater Noida 450
GolfVillage, Supertech Yamuna Expressway NA
Data from Cushman & Wakefield
900,000-
11,00,000
11,00,000-
13,50,000
11,00,000-
13,50,000
Property prices (~/sqft) Newlaunches
(in units)
*This data, from PropEquity,
refers to primary market and
residential apartments only. It
is representative of organised
real estate developers
Data by PropEquity
New Gurgaon includes Sectors 81, 82, 82A, 83,84,85,86,87,88,89,
90,91,92,93,94,95; South Perpheral Road includes sectors
69,70,70A,71,72,72A,73,74,74A,75,75A; These two areas are the most
developing in Gurgaon currently
Source: PropEquity
2009 2010 2011 2012
Shanti Niketan / Vasant Vihar Anand Lok Golf Links/Jor Bagh &
Westend Sunder Nagar
Source: CBRE