Best Real Estate Residential Projects in Gurgaon

Courtesy: By Star Estate
Posted on: 2023-02-01
Best Real Estate Residential Projects in GurgaonBest Real Estate Residential Projects in Gurgaon

As much as 74% of the total units launched in Gurugram were independent floor apartments, according to research by a big real estate firm. This was done in response to demand from high-income customers throughout the course of the last year. It is also predicted that the demand for properties will maintain its rate and even may increase later because of good and safe investment opportunities with options for rental incomes.

Areas in Delhi-NCR that are very trendy, such as Gurugram and Faridabad, are experiencing strong momentum for independent floors in the aftermath of the covid pandemic. These cities in NCR are witnessing a huge turnaround in the trajectory of the housing market. As much as 74% of the total units launched in Gurugram were independent floor flats, according to research by a big Real estate firm. This was done in response to demand from more rich customers throughout the course of the previous year.

DLF has recently introduced its most recent residential product, which is called� DLF Garden City� and is located in Sector 92 in Gurugram. It is a low-rise luxury property that can be seen in the Sector 91, 92, and 93 neighbourhood of IFFCO CHOWK in Gurugram. The whole project, which was valued at roughly Rs 2000 crore, was reportedly in high demand within approximately 2 weeks of its announcement by DLF. At the beginning of this year, DLF also introduced The Valley Gardens, a collection of luxury residences in the city of Panchkula, which is located in the state of Haryana and is tucked away in the foothills of the Shivalik Mountains. The Valley Gardens is an excitement for the buyers that was added to the original 175-acre site of The Valley in Panchkula. This residential project consists of a limited collection of 424 Delux independent floors and is spread across 34 acres. The Valley is a very desirable residential complex in Panchkula.

Commenting on the matter, Aakash Ohri, Group Executive Director and Chief Business Officer of the DLF Group, stated as follows: “Since the year 2020, we have launched a series of premium independent floors across DLF City in Gurugram as well as� in� DLF Gardencity� in New Gurgaon, and we have received a phenomenal response from the market.� Since the beginning of the pandemic, there has been an increase in the demand for low-rise floors. This is because these floors were designed with the space requirement of families in mind who are looking to re-establish themselves in posh neighbourhoods in Gurugram so that they can live independently without compromising on closeness to their families and friends.

To this day, DLF has sold over 1500 separate floors, which is the equivalent of individual flats. Combined, Gurugaram and New Gurugaram contributed around Rs. 1800 crore to the whole tally, which comes to approximately Rs. 3800 crores.

“Staying closer to their loved ones under the same roof while maintaining individual privacy is made possible with the addition of independent levels,� There has been a 42 percent rise in the number of independent floors that have been launched in the Delhi-National Capital Region, according to reports from the sector. The very short amount of time required to acquire independent floors is a major selling point for the property. Additionally, according to Pradeep Aggarwal, Founder and Chairman of Signature Global, “they mix the amenities of a regular flat with the luxuries of a private villa.� The Indian real estate industry is witnessing a continuing and significant surge in demand for independent floors. It’s more probable that purchasers’ preference for low-density living is behind this trend than anything else. The need for a lavish lifestyle with plenty of space or the absence of unnecessary interference, depending on the preferences of the purchasers, has swung the market in favour of elegant independent floors.

In addition to this, since the covid pandemic, there has been a noticeable increase in the demand for autonomous floors. The options available to purchasers in terms of residential communities, low-rise buildings, and residential projects free of commotion are quickly gaining more interest. Independent floors, despite their higher initial purchasing cost, have a higher return on investment, which is another reason why end-users choose them over other projects. With the two more projects –� Smartworld Gems� and� Smartworld Orchard� – launched in 2021, Smartworld Developers is matching its steps with buyers’ realisation of adequate open space, privacy and security, better amenities, and lesser maintenance,� said Vivek Singhal, CEO at Smartworld Developers. “Smartworld Developers are also working as per the requirements of the buyers by a realisation of adequate open space, privacy and security, better amenities, and lesser maintenance.�
The shorter amount of time it takes to earn a profit with separate floors, compared to high-rises, is another feature that developers find appealing. Independent floors, which are the� top residential projects in Gurgaon,� can be swiftly monetised since the possession time is shorter than it is for other types of projects.

Noida has the expansion of the information technology industry as well as other industries, that’s why it has become one of the most significant cities in India for� 2/3 BHK luxury apartments in sector 150 Noida. The city has modern infrastructures, fantastic day-to-day conveniences, good public services, and facilities that are on par with those found in world-class cities. Some of the most notable aspects of Noida are that it includes low-rise and high-rise apartments, semi-luxury to luxury apartments, open lands, plots, builder floors, landscaped parks, ultramodern shopping complexes and malls, speciality hospitals, restaurants, top IT companies, and many educational institutions.

Over the past years, Noida has become one of the most livable in the National Capital Region. Professionals, families, and bachelors often find themselves drawn to the city of Noida. The cost of living in Noida is significantly lower when compared to that in other NCR locations, which is one of the reasons why so many people choose to buy the� best residential projects in Noida.

According to many reports, the cost of independently owned floors in Delhi, Noida and Gurugram may range anywhere from 2 to 30 crore Indian rupees. The three-bedroom and four-bedroom apartment-style homes (said as 3BHK and 4BHK, respectively) found in these brand-new independent floor developments are by far the most common layouts. Consumers and property developers alike are demanding ever-larger living quarters in response to the requirements of various home designs.