Saturday, January 18, 2014

Emerging Prime SEZ

Gwalpahari area of Gurgaon, where usual concrete jungle has not yet been planned or even proposed later; is a perfect location to stay and work amidst beautiful natural set up. It is like working in a resort and staying in a forest.

With Gurgaon expanding in all directions on Sohna road, New Gurgaon sec- 82 to 88 till manesar and Gurgaon extension etc…; we have never looked at this potential side of Gurgaon which abuts, rather is an extension of south Delhi, just adjoining Chattarpur farms.


With existing Gurgaon already exhausted, this Gwalpahari area is poised for more expansion and addition of commercial and residential complexes in the near future, the government is improving connectivity both within Gurgaon and between Gurgaon-Delhi-Faridabad. Wide link roads between Vasant Kunj- Mehrauli Road and Gurgaon and between Andheria Mor and Faridabad road through Mandi Road and Gwal Pahari are being improved. The 10-km road has wide service lanes on each side, with provisions for street-lighting, footpaths for pedestrians, road signage and street furniture. As this road is being constructed it has decongested the heavy vehicular traffic entering Gurgaon from Faridabad in order to reach the National Highway-8.

The road cuts through the Aravalli Hills to make the distance shorter between the Gurgaon-Faridabad bypass road and areas like Sohna and Manesar etc. The road starts at Gawal Pahari village and connect upto Ghata village. This not only eases traffic from Faridabad which otherwise used to enter Gurgaon at Genpact crossing on Golf Course Road to go to Southern Peripheral Road, NH-8, Sohna or Manesar and ahead but also is a faster link for the upcoming sectors 58 to 67.

Now the real estate development along Gurgaon-Faridabad Road, is in a boom phase. The scenic view of the Aravali hills and the valleys offered by the residential and IT- SEZ projects under construction in this area has ramped up the demand in this area. Already, this developing zone has a 9-hole golf course. The prevailing rate of housing projects here is in the range of Rs 7,500-10,500 per sq ft. Gurgaon-Faridabad Road is shaping up as a prime location for real estate development with fast connectivity and improving infrastructure. Projects like Valley View by Ansal API; ASF’s Isle- De- Royale, Residences; Ninaniya’s hotel project, IREO Group’s Gurgaon Hills, Krrish Group’s Province Estate, Paras’s Trade Centre, etc, have already been launched on this road. Ansal API is the first developer which has delivered a realty project in Sector 1 along the stretch, handed over for possession in 2008. It has 14 towers, lavishly designed, over 23 acres.

IREO Hills within this region, is a high-end exceptional post degree residency, all apartments are very well created by utilizing top quality associated with architectures. This developing realty region is proving to be a good residential location owing to its excellent connectivity with Noida, Ghaziabad, Gurgaon, and South Delhi. The master plan of the area envisages a future Metro line, provision for wider roads, parks, along with a good combination of commercial and residential mix of projects. This stretch connects the economic centres of neighbouring states like Haryana, Rajasthan, Delhi, and Uttar Pradesh. This road also connects Agra, Jaipur and other historical places of Rajasthan and Uttar Pradesh. Tourists coming from T3 airport or from Jaipur will also find Gurgaon-Faridabad Road highly convenient and time-saving for reaching tourist spots like Agra, Mathura, Vrindavan, etc.

The area is now one of the most sought-after IT SEZ destinations in the NCR. Saying this just to update about the ASF- Insignia complex, with 70 acres of lush green, existing SEZ in this area, is a lovely parcel of development, with already 1 million plus area up and operational, having IBM, Ericsson and TCS as major occupants and a unique residential project by the name of Isle De Royale, under construction, exclusively only for IT SEZ users.

20 comments:

  1. Excellent and Insightful Blog Sonia. You have penned it down very well.

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  2. Great article ma'am am sure this area has huge potential in Gurgaon in near future.

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