Introduction:
India’s real estate sector is booming, with various cities witnessing a significant rise in infrastructure development and urbanization. Among the various cities in India, Gurugram has emerged as a major real estate investment destination. Over the past decade, this city has witnessed tremendous growth in terms of infrastructure development, job opportunities, and urbanization. Among the various sectors of Gurugram, Sector 113 has emerged as a hotspot for real estate investment, thanks to its strategic location, connectivity, and lucrative investment opportunities.
Location and Connectivity:
Sector 113 is situated in the northern part of Gurugram, adjacent to the Dwarka Expressway. This sector is well-connected to Delhi, Noida, and other parts of Gurugram via a network of roads and highways. The Indira Gandhi International Airport is also located in close proximity to Sector 113, making it an ideal location for those who travel frequently.
Moreover, Sector 113 is located near the proposed Diplomatic Enclave, which is expected to become a major business and commercial hub in the near future. The upcoming Metro connectivity in the area is also expected to boost the connectivity of Sector 113 to other parts of the city.
Infrastructure Development:
One of the key reasons for the rise of Sector 113 as a real estate investment destination is the robust infrastructure development in the area. The Haryana government has taken several initiatives to improve the road network, water supply, sewage system, and other civic amenities in the sector. Moreover, Sector 113 is located in close proximity to several commercial and business hubs, making it an attractive location for business and corporate professionals.
The upcoming development of the Northern Peripheral Road, also known as Dwarka Expressway, is expected to further enhance the connectivity and infrastructure of the area. The Dwarka Expressway is a 27-km long stretch that will connect Dwarka in Delhi to Gurugram, and is expected to become a major lifeline for the transportation of goods and services.
Residential and Commercial Real Estate:
Sector 113 offers a wide range of residential and commercial real estate options for investors. Smartworld One DXP is premium housing property in Sector 113. From high-rise apartments to luxury villas, Sector 113 has something for everyone. The sector also has several commercial spaces available for office spaces, retail outlets, and other commercial ventures.
The residential real estate options in Sector 113 are diverse, catering to the needs and preferences of different investors. The apartments in the sector range from affordable 2BHK and 3BHK units to luxurious 4BHK and 5BHK units. The villas in the sector are also popular among investors, with their spacious layouts and premium amenities.
In terms of commercial real estate, Sector 113 has several options available for office spaces and retail outlets. The sector is home to several multinational companies and corporate offices, making it an ideal location for business professionals. Moreover, the upcoming development of the Diplomatic Enclave and Dwarka Expressway is expected to further enhance the commercial prospects of the area.
Investment Potential:
Sector 113 has immense investment potential, thanks to its strategic location and rapid urbanization. The sector is expected to witness significant growth in the coming years, with several infrastructure projects and commercial developments in the pipeline. Moreover, the real estate prices in Sector 113 are relatively affordable compared to other parts of Gurugram, making it an ideal location for first-time investors.
The rental yields in Sector 113 are also relatively high, making it an attractive destination for rental income investors. The sector has a high demand for rental properties, thanks to the influx of business and corporate professionals in the area.