Why Buy A Luxury Property in Gurgaon?

Introduction

Buying a luxury home is a dream for many people. However, Sector 111 in Gurgaon has major locations on the Dwarka Expressway, like Puri diplomatic residences. Once you visit these luxurious residential apartments. Your investment here will be profitable. Let’s take a thorough look at its prices, facilities, amenities and USPs.

Luxury Property in Gurgaon

Table of Contents

The newly launched Dwarka Expressway Sector 111 will change the real estate landscape in areas like Gurgaon. This 29-km long expressway will significantly reduce travel time between Delhi and Gurugram, making it an attractive destination for home buyers and investors. With better connectivity and infrastructure, property prices in the surrounding areas are likely to witness an increase in demand and value.

Additionally, the expressway will provide better access to the Indira Gandhi International Airport, further enhancing the area’s attractiveness to residents and businesses. As a result, developers are already eyeing opportunities to launch new residential and commercial projects along the expressway.

Puri Diplomatic Project Overview

Let the luxurious living experience of Puri Diplomatic Residences. A brand-new housing development that’s being launched in phases! Spread across an impressive 5.41 acres of prime real estate. This exceptional development is set to be completed by December 2028.

The first phase has already been launched in February 2024 and comprises five towers, boasting a total of 540 units. Don’t miss your chance to experience the pinnacle of comfortable and convenient living in this one-of-a-kind residential complex!

RERA Registration No. RC/REP/HARERA/GGM/787/519/2024 of Diplomatic Residence by Puri Constructions, approved by the Haryana Real Estate Regulatory Authority.

Phases2
Phase 1 launch monthFeb-24
Construction statusExpected to start from April 2028
Towers5
FloorsG+32
Completion date December 2028
Launch priceRs 18,500 per sq ft
Current priceRs 19,000 per sq ft
Average appreciation3% (approximately)

Why Invest in Puri Diplomatic Residences, Gurgaon?

Gurgaon’s Sector 111, home to Puri Diplomatic Residences, is a fast-growing area along the Dwarka Expressway. Known for its upscale residential development and proximity to the commercial hub of Cyber City. Sector 111 offers the perfect blend of convenience and luxury for residents looking to live in a well-connected area with modern amenities.

The region is experiencing rapid infrastructure growth, making it an attractive investment option for potential buyers. With the imminent completion of the Dwarka Expressway, commuting to major areas of Delhi and Gurgaon will become more convenient for the residents of Puri Diplomatic Residences in Sector 111.

As a result, property values in this area are expected to increase significantly soon. The average property rate in Sector 111 Gurgaon is Rs. 15,600 onwards. The average value in this section is explained in the table below:

Average PriceLast 1 yearLast 3 yearsLast 5 years
Rs 15,600 per sq ft38%131%103%

Luxury Property in Gurgaon

A luxury property in Gurgaon offers high-end amenities and exquisite design. It is the perfect choice for those seeking a luxurious lifestyle in one of India’s most affluent cities. With spacious living areas, state-of-the-art amenities and stunning views, these properties offer a luxurious living experience in Gurgaon. From exclusive penthouses to spacious villas, a wide range of options are available to suit different preferences and needs.

Residents can enjoy the highest level of security, concierge services and many recreational activities in the comfort of their own homes. Whether you’re looking for a modern high-rise apartment or a sprawling estate, luxury property in Gurgaon has something for everyone. The combination of luxury amenities and prime location makes these properties highly sought after in the real estate market.

Infrastructure Development

Property prices are expected to rise further due to planned infrastructure development. This growth will attract more investors to the area, which will increase demand and competition for properties. As a result, potential buyers need to act quickly to secure a property at an affordable price.

Additionally, an increase in demand may lead to higher rental yields for property owners. Buyers need to keep abreast of market trends and act decisively to make the most of this potential investment opportunity.

Projects like the Delhi-Alwar RRTS Corridor (8 km) accessible through Udyog Vihar Metro Station are set to improve the connectivity quotient of the locale. This will not only improve transportation in the region but also boost economic development and attract more investment opportunities to the region. In addition, the integration of various modes of transport provides travelers with seamless and efficient travel options.

Conclusion

Due to rising real estate prices, upcoming infrastructure upgrades, and its strategic location near the Dwarka Expressway, this project is also an ideal investment option. Further, the area is expected to increase demand for residential and commercial space due to its proximity to major business centres and connectivity to the airport. It is a good option for long-term return on investment. For more information, visit openplot.

Also read: Gurgaon Real Estate Market Outlook For 2024–25

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