Gurgaon has carved an identity for itself as a fast-growing satellite city of Delhi. Gurgaon, recently rechristened as Gurugram, is in the NCR – New Capital Region – is a fast-developing city. There are several advantages of living or owning a business in Gurgaon. Firstly, the city is well-connected to nearby areas through an extensive network of highways and expressways. The Metro station is a short distance away, and an international airport is nearby. What makes Gurgaon an attractive destination for investment is its prime location and immense potential to grow for the foreseeable future.
Gurgaon has recently emerged as a favorite place for investment among NRIs because of its enviable infrastructure, top-notch amenities, rapidly expanding economy, and state-of-the-art infrastructure.
In this blog, we will look closer at the real estate investment opportunities available in Gurgaon’s Sector 113 and why it is an attractive option for NRIs.
Sector 113, Gurgaon, and investment opportunities for NRIs
Sector 113, Gurgaon, is a strategically located area in Gurgaon. It is in the southern part of the city and is well-connected to all the neighboring regions. It is near to Dwarka Expressway – a 27 km long, eight-lane expressway – connecting Gurgaon to Delhi. What makes Sector 113, Gurgaon, an enviable location is its proximity to major transportation hubs such as the Indira Gandhi International Airport, Delhi-Gurgaon Expressway, the Delhi Jaipur Expressway, etc. Other major infrastructural projects like Delhi-Mumbai Expressway are in the pipeline.
Sector 113’s, Gurgaon, great connectivity makes it an ideal destination for NRIs planning to invest in real estate in India.
One of the primary reasons Sector 113, Gurgaon, has immense opportunities for NRIs looking to invest in real estate is its rapid growth as a business hub. This place guarantees high returns on investment. The real estate market in Gurgaon has witnessed a healthy appreciation in property value in the last few years. If a report by Knight Frank is to be believed, Gurgaon’s real estate market has grown by a whopping 29% in the last five years, turning it into one of India’s fastest-growing real estate markets. Sector 113 occupies a prime location in the city, making it an attractive option for NRIs looking to invest in real estate in India.
Benefits of Investing in Real Estate in Sector 113, Gurgaon
Another incentive for investing in real estate in Sector 113, Noida is the steady rental income it generates. The demand for rental properties in Gurgaon is growing. Investing in a residential property in Sector 113 can bring a handsome return on investment.
Sector 113, Gurgaon is dotted with commercial establishments, such as IT parks, offices, and shopping malls. These commercial places see a large footfall every day. There is also a huge demand for rental accommodation among working professionals. This location has a huge potential as it is connected to other parts of the city.
The growing opportunities in real estate in Sector 113, Gurgaon for NRIs.
Sector 113, Gurgaon is a growing city. A growing city offers a lot of opportunities in real estate. Be it commercial or home spaces, Sector 113 is dotted with innumerable projects. These real estate projects offer a wide range of options such as apartments, duplexes, villas, and plots. One of the biggest real estate projects in the area is Smart World One DXP. Smart World One DXP is offering 2 and 3-BHK highrise luxury apartments. These luxury flats are available at attractive prices and payment plans. Other highlights of the projects are:
- The properties developed by Smartworld Developers have a huge appreciation potential
- It is spread over an area of 16 acres and is surrounded by greenery
- There is no issue of connectivity as it is next to NH-8, and the Indira Gandhi International Airport
- Every modern comfort that you can think of is just a one-minute walk away
The projects on offer from Smart World One DXP boast world-class amenities such as swimming pools, gymnasiums, clubhouses, etc. All the housing complexes offered by Smart World One DXP are built by keeping the needs of modern families in the center. These projects leave no stone unturned to offer luxury and a one-off experience.
NRIs are interested in investing in Sector 113, Gurgaon can choose from a wide range of housing and commercial options that suit their requirements and budgets.
Additionally, investing in a plot in the area can provide NRIs with the flexibility to build their dream home according to their specifications.
One of the major advantages of investing in real estate in India is the ease of financing. NRIs can easily get home loans from Indian banks to finance their real estate investments. NRIs searching for real estate investment opportunities in India will find Sector 113, Gurgaon to be a haven.
Sector 113 is expanding rapidly and has huge appreciation potential. The area is near the transportation hub and is next to NH-8. The area’s strategic location makes it a perfect fit for real estate investment.