Best Localities in gurgaon 2024

Located towards the southwest of the National Capital - Delhi, Gurgaon or Gurugram is part of the National Capital Region. It is part of the Gurgaon district in Haryana. The city, now home to offices of over 250 Fortune 500 companies, was once a peaceful village named after Guru Dronacharya of Mahabharata. Its major economic boom started when Maruti Suzuki India Limited established a manufacturing plant in the 1970s. Presently, Gurgaon contributes 70% of Haryana's total income. 

In the past few years, Gurgaon has witnessed massive growth in terms of infrastructure, economy and population. The physical infrastructure and real estate development come because of initiatives by public-private sector partnerships, majorly between the state government and DLF. The city’s proximity to the Delhi International Airport, rapid physical & social development, and abundant commercial activities make it a popular choice for real estate investors and homeowners.

Top Localities in Gurgaon

While looking for the best localities in Gurgaon, one needs to consider their budget, infrastructure in a locality, lifestyle preferences, amenities, safety, and much more. Here is a list of localities with property prices and rental rates:

Note: The property rates and rental rates are based on 2 BHK configurations. The prices may vary based on the location, property size, amenities, etc.

Sohna Road:

Also known as South Gurgaon, Sohna Road has quickly become a suburb for residential properties and investment. The locality is well connected with the Delhi-Mumbai expressway, the intriguing interest of the home buyers. Sector 47, 48 and 49 on Sohna Road provide excellent connectivity to the commercial hubs in Gurgaon - Cyber City and Golf Course Road. Those belonging to the middle-class and upper-middle-class income groups are showing interest in the projects here. Professionals, too, prefer to find rental homes here for ease of commute.

Sushant Lok:

Sushant Lok Phase 1 is a popular residential locality in Gurgaon for its safety, greenery, and proximity to schools, colleges, and commercial hubs. It is close to NH 48 and the MG Road junction. Sectors 27 to 31 of Sushant Lok Phase 1 offer a mix of independent houses and high-rise builder projects. The excellent connectivity offered by Sushant Lok Phase 1 makes it one of the best residential areas in Gurgaon for working professionals. 

Sushant Lok Phase 2, which has Sector 56 and Sector 57, is close to Golf Course Road and Southern Peripheral Road. This is a prime residential location for its proximity to IT hubs, well-developed infrastructure, and quality living experience. Since commercial hubs are nearby, Sushant Lok Phase 2 has been witnessing increased demand for residential properties, making it a good place to invest in Gurgaon.

Vatika City:

Vatika City is right at the intersection of Golf Course Extension Road and Sohna Road. It spans over 37 acres and is one of the largest group housing developments in Gurgaon. It comes under Sector 49 Gurgaon. This gated town is perfect for families. The social infrastructure is well-built, with schools, hospitals, malls, etc. close by. Vatika City also boasts security with ample CCTV coverage and access cards for residents. This makes Vatika City one of the safest places in Gurgaon to live.

South City 1:

One of the premium residential areas in Gurgaon, South City 1, has quick access to NH 8 and Indira Gandhi International Airport. This locality is popular for its good physical and social infrastructure, making it ideal for families and working professionals. Owing to smooth connectivity throughout the city, many premium housing options are available here at slightly higher prices.

DLF Phase 1, 2, 3:

DLF has built posh residential and commercial establishments in Gurgaon. To accommodate the housing needs of working professionals, DLF built these localities in phases. Many luxury properties and high-end apartments are occupied by professionals, business owners, and families here. They enjoy the connectivity to highways, metro stations, and commercial establishments nearby. DLF Phase 1, 2, and 3 give an easy way in towards Ambience Mall, MGF Metropolitan Mall, and Sahara Mall, just to name a few. 

DLF Phase 1, with Sectors 26 to 28, has good amenities and ample residential options, including upscale apartments and independent houses. DLF Phase 2, with Sectors 24, 25, and 29, has high-end apartments, villas, and commercial establishments. DLF Phase 3 and Phase 4 offer luxury living options in Sectors 30, 31, 32 and 43, 44, and 45, respectively.

Dwarka Expressway:

On the Gurgaon side of Dwarka Expressway stand Sector 103, 104, 102, 102A, 101, 100, 99, and 99A. Since the opening of Dwarka Expressway in March 2024, property prices have gone up by 16%. This shows the potential for real estate investment here. The price appreciation is expected to continue since all these localities are strategically located close to commercial hubs. Investors can expect good ROI from these localities on Dwarka Expressway. 

Palam Vihar:

Palam Vihar is quite close to Dwarka Expressway, making it an ideal location for investment. The locality has been accommodating the growing demand for residential space with independent houses, villas, and apartments. Residents here enjoy the facility of wide roads and connectivity to highways and IGI airport. Palam Vihar is also known to be a safe locality, making it the best place to live in Gurgaon for families. You can find properties for investment in Palam Vihar in Sector 1 to 5. 

Golf Course Road:

Golf Course Road is well known for the luxury offered by the prestigious residential projects of DLF, Tulip Infratech, Emaar MGF, and M3M properties, to name a few. Some even say that Golf Course Road is equivalent to Lutyens Delhi. Posh amenities, wide roads, robust public transportation, and housing properties with beautiful architecture justify this. It is undoubtedly among the best areas to live in Gurgaon. Investors can check out properties in Sectors 53 to 60 to put their money in Gurgaon real estate for lucrative returns.

Golf Course Extension Road:

Golf Course Extension Road, as the name suggests, is an extension of the Golf Course Road. It has a mix of old and new sectors, including Sector 49, 50, 55, 56, 57 and Sector 61, 62, 65, 66 and 67. The localities around this stretch are a good bet for investors since NH 8 and DMIC run nearby. There are many ready-to-move-in and under-construction properties available for investors. Golf Road Extension Road properties have shown a price appreciation of almost 8% in the last few years. This is evidence enough to invest in properties here.

Sector 37, Gurgaon

Sector 37, Gurgaon is a rapidly developing locality. In the past few years, it has witnessed rapid physical infrastructure growth. Residents who work nearby in hubs like DLF World Tech Park, SPAZE Business Park, and Orchid Business Park easily commute via NH 8. It is a good locality to settle in if you are looking for good places to live in Gurgaon with kids, as there are many schools, hospitals, and malls nearby.

Sector 85, Gurgaon:

Situated close to NH 48, Sector 85, Gurgaon is another developing locality with easy access to business parks, malls, schools, and hospitals. It is one of the popular localities for rental properties occupied by professionals working in or around Global Business Park, Hans Business Park. There are many under-construction projects and independent housing options available here for investment.

Sector 50, Gurgaon:

Sector 50 is located near the Sohna-Gurgaon Road in the southeastern part of Gurgaon. It's a cosmopolitan suburb with well-placed real estate investment opportunities. The credit goes to robust physical infrastructure with metro stations, highways, hospitals, educational institutions, and commercial hubs all within proximity. Considering all these aspects, real estate investment here is sure to give a good ROI. 

Sohna:

With Gurgaon developing at a fast pace, many localities in the city have attracted investors’ interest. Sohna is one of the best places to buy land or plots if you are planning early real estate investments. As per the real estate market buzz, Sohna is an excellent investment location for long-term investment plans. Many top builders have already started building residential and commercial projects here. The government, too, is focusing on developing the infrastructure here at a quick pace, making it one of the best places in Gurgaon to invest.

Factors to Consider When Choosing a Locality to Live in Gurgaon

Moving to a new locality poses an array of questions. It is wise to factor in a few things before you close in on the best places to live in Gurgaon. These are some aspects that you should keep in mind:

Rental Trends:

Before finalizing the locality, you must check the rental trends and align your budget with them. Rental rates in a location may differ based on the availability of amenities, infrastructure, and overall liveability. If you are a working professional with an office in Cyber City, consider moving to DLF Phase 1, 2, or 3. The rental rates will be higher compared to locations farther on Sohna Road or Neharpar.

Proximity to Workplace and Educational Institutions:

Another important factor to consider while moving to Gurgaon is to check if you can reach your office or educational institution easily. Anything within a 4-5 km radius from your workplace is okay given there is ample connectivity and transportation available. For example, working professionals with offices in or around MG Road can commute via metro. Similarly, if you are studying at the Amity University Gurgaon, you can get down at the HUDA City Centre Metro station.

Connectivity and Transportation:

Choosing the best place to reside in Gurgaon should also be based on your consideration of connectivity and availability of transportation. Although Gurgaon is equipped with good roadways and subway infrastructure, it can be slightly difficult to navigate through traffic. Ensure your ease of commute by checking the closest metro stations and local transportation availability before finding the right place.

Safety and Security:

Gurgaon is quite infamous for its lack of safety. While deciding the good places to live in Gurgaon, make sure you assess the safety and security in the locality. Check out localities that have good residential apartments and gated communities. Apart from this, check records of regular police patrolling in the area. Sushant Lok, Vatika City, Golf Course Road and South City, are safe localities.

Availability of Basic Amenities:

The decision to live in any locality is also influenced by the availability of basic amenities like malls, market area, greenery, entertainment options, etc. Gurgaon has many malls, hospitals, upscale and local markets to spend time. In Gurgaon, one of the most famous markets which is surrounded by Sushant Lok, Golf Course Road, MG Road and DLF Phase 1 is the Galleria market. While choosing the best place to live in Gurgaon, check for the amenities offered at each locality.

Factors to Consider When Choosing a Locality to Invest in Gurgaon

Investing your hard earned money in real estate calls for some precautions. Before starting looking for the best location to buy property in Gurgaon, make sure you consider the following factors.

Real Estate Analysis and Growth Trends:

It is important to look at the real estate market and analyse how it is performing before diving into the investment pool. You should check the year on year growth trends in market prices of the properties. Do this for both residential and commercial investments. A lot of focus is turning towards New Gurgaon, Sector 88, Sohna Road and Golf Course Road extension. Properties there are available at considerably lower prices.

Ongoing or Upcoming Infrastructure Developments:

While deciding the best area to invest in property in Gurgaon, make sure that you look into the ongoing infrastructure developments. This will give you a clear view of the expected ROI. you must also check if there are any future infrastructural development programs which may direct you to better investment options. Vision City and Global City are among many upcoming infrastructure projects to look out for in Gurgaon.

Property Laws and Regulations:

Any investment is a dud if the property laws and regulations are overlooked. Make sure that you invest in properties that abide by municipal laws and regulations. Gurgaon authorities had earlier banned the construction of 4 floors, which landed many investors in a tricky situation. Although now there is some development on that front, you must be careful anyway.

Neighborhood Amenities:

Investment in a property in Gurgaon will be fruitful if you take this into consideration as well. Your property should be privy to amenities such as hospitals, schools, parks, entertainment centres, etc. If you end up investing in a remote location, the expected ROI will be a lot lesser.

Rental Demand:

Continuing on the point above, the presence of good amenities, physical and social infrastructure increases the rental demand. You must look into the rental property demand in the significant benefits while looking for properties for investment. Many investors got great returns by investing in areas like MG Road, Golf Course Road, and DLF Phases.

Finally, Gurgaon as a city has developed its own charm. It is a good mix of modern and suburban vibe. You can find skyscrapers, business hubs, malls, and ample amenities in the city. This makes it an attractive choice for living and investment among the residents of the capital city as well. While all these factors make Gurgaon stand out, the city has yet to deal with the issues related to drainage systems and safety.