Residential Property in Sector 34 Gurgaon
Author : Rahul | Posted On : 01 Aug 2024 | Last Updated On : 01 Aug 2024
Discover the Emerging Residential Hub: Sector 34, Gurgaon
Sector 34 is among the most thriving localities of Gurgaon in terms of real property. The area is gaining popularity because of its location near the Infopark, the most prominent commercial hub within Gurgaon. Sector 34 is located in the Information Technology Park, or Infocity, an important commercial center, just 2 km from Sector 34. Although the area is predominantly industrial, 70% is reserved for commercial use. The remaining 23% of the area is Residential Property in 34 Gurgaon, including apartments and residential plots.
Connectivity and Affordability
Sector 34 is desirable for professionals working in the area due to its superb connection to Delhi, Gurgaon through National Highway 8 (NH-8) and the adjacent Sohna Road. Its seamless connectivity ensures that the other areas of Gurgaon and Delhi are accessible to those who live there. In addition, the comparatively affordable property prices have resulted in Sector 34 becoming an affordable option for many and have contributed to the significant growth of the property market.
Residential Offerings
The homes in Sector 34 comprise mainly plots and apartments, including renowned builders such as HUDA and CHD Developers playing a pivotal part in shaping the region. A range of one and three BHK homes is located in Sector 34. While plots are available to sell, standalone homes are still being built. One of the upcoming developments will be CHD Resortico, which promises to give residents a luxury life with modern amenities.
Investment Potential
In analyzing the trends in prices within Sector 34, it is evident that there's been a decrease in prices for property during the past 12 months. However, the proximity to Infocity has positively impacted the expansion of rental markets. Despite some issues like a finite range of properties for rent and regular power interruptions, the future appears promising. The forthcoming Resortico project and the planned Metro connection to Dwarka and Gurgaon will likely cause home prices to go up within the next few years.
For more details about the Residential Property in 34 Gurgaon, visit TrueAssets Consultancy.
FAQs
What factors make Sector 34 a desirable location for professionals working in the field?
Sector 34's excellent connectivity with Delhi and Gurgaon and its proximity to commercial centers like Infocity make it the ideal area to live in and work from.
Are there affordable options for residential homes within Sector 34?
Sector 34 is a good choice and offers affordable property costs, making it a reasonable option for many homebuyers.
What projects are planned for Sector 34?
One of the most notable new projects in Sector 34 will be CHD Resortico, which promises a lavish lifestyle and modern facilities.