Gurugram’s Next Cosmopolitan Growth Corridor: Golf Course Extension Road

By Raghav Malhotra, Founder and Director, PRIME Developments

Originally established to connect the Golf Course Road to Gurugram, Sohna Road, Golf Course Extension Road (GCER) is one of the evolving micro-markets in Gurugram.

The extension road goes up to the Badshahpur Crossing, connecting with National Highway 48 near Sector 74 A. GCER is home to a mix of residential and commercial properties, making it an ideal choice for today’s fast-paced world, where the focus on affluence has gained prominence.

Nestled within the greenery of the Aravalli range, GCER will see exponential growth and demand. The expansion of Golf Course Road into Golf Course Extension has served as a stimulant for the development of better roads, corridors, public transport and metropolitan neigbourhood development.

This investor-friendly market is home to mixed-use projects, large townships and luxury apartments in the high-rise asset class. It is rapidly shaping into an ideal choice among affluent individuals who are looking for a high-end living experience.

With the help of multiple infrastructure projects and government initiatives, the future of this corridor has improved for a better landscape. Owing to the following reasons, GCER is slated to become a prime residential real estate destination:

• Exponential Return on Investment (ROI): In the next few years, GCER will experience rapid growth in capital and rentals, leading to a better ROI. This micro-market has experienced a growth in property prices. As the city and areas surrounding the GCER continue to evolve, prices will only soar. With new infrastructure projects including road networks and metro expansion, the growth trend is expected to persist. The region’s proximity to commercial infrastructure also plays a major role in the appreciation of any property. With the establishment of luxury malls, gaming arcades, shopping complexes, and commercial office spaces, GCER is privy to commercial comforts.
• Strategic Connectivity and Infrastructure Development: The corridor is seamlessly connected to the Gurugram-Faridabad Road, Delhi Mumbai Industrial Corridor and Delhi-Gurugram Expressway. Homebuyers can travel to various parts of Delhi with the Dwarka Expressway, the Sohna elevated road and the Central and Southern Peripheral Road. The near completion of the Vatika Chowk underpass near Sector 49, which will assure enhanced connectivity for people travelling towards Delhi-Jaipur National Highway via Southern Peripheral Road, will ensure easy commute to Delhi and other commercial hubs like Cyber City. Along with this, GCER is very close to the Indira Gandhi International Airport, boasting just half an hour’s drive from it.
• Premium Residential and Luxury Launches: Once a sparsely popular region among developers, GCER has seen the emergence of reputed names from across India, amplifying the realty name of the corridor, further appreciating the locality. GCER hosts a number of luxurious residential projects which provide spacious living spaces along with amenities like clubhouses, spas, saunas, high-end gyms and green landscapes, making them the perfect option for NRIs, HNIs and expatriates. Due to the captivating location of GCER by the Aravalli ranges, residents within these properties can enjoy lush greenery. This, supported by multiple other sustainable initiatives such as solar panels, rainwater harvesting system and green buildings, makes GCER a highly desirable area to residents and investors.
• Growing Social and Lifestyle Ecosystem: The region is experiencing a growth in social infrastructure, including several reputed schools, colleges, hospitals, theatres and recreational centres, located within close vicinity. This gives GCER an edge over other micro-markets in and around Gurugram. This has made GCER a preferred choice for HNIs, working professionals and expatriates. As the social infrastructure continues to evolve, the region is destined to attract more MNCs, ITs, start-ups and BFSI companies, further fuelling this growth.

Conclusion

The succeeding years will witness GCER turn into a cosmopolitan hub with global developers, brands and residents already making their presence felt. GCER is an exceptional financial growth corridor near Delhi-NCR. One can expect positive ROI from any existing and upcoming projects in the region.

Along with this, the corridor is also witnessing infrastructural development, new luxury residential unit launches and a growing social ecosystem. GCER has successfully transformed into a residential hotspot given to the seamless connectivity and accessibility. Its strategic location makes it accessible and suitable for several homebuyers and investors.

DISCLAIMER: The views expressed in the above piece are personal and solely those of the writer. They do not necessarily reflect RealtyNMore’s views.