News
Gurugram Sector 91 realty on an upswing
Gurugram, April 18, 2022: Gurugram has always been ranked as one of India’s largest real estate markets. Many factors have contributed to this laurel, like a continuation of unprecedented growth in the robust infrastructure since the 90s. It has also opened many growth corridors, and one of the emerging corridors is Sector 91 in Gurugram.
After North Peripheral Road or Dwarka Expressway has witnessed large-scale real estate development, Sector 91, which is adjacent to it, is climbing the charts and becoming a top-rated preference for real estate developers, investors, and buyers.
Ankit Kansal, Founder and Managing Director, 360 Realtors said, “Sector 91 and its nearby regions are transforming into a bustling real estate and retail destination in Gurugram. Average housing prices have jumped by 2.4% in Q4 FY 22, on a quarterly basis, as per research by 360 Realtors. Sec 91 is adjacent to the industrial cluster of Manesar, which is driving demand. Moreover, the Dwarka Expressway is situated nearby and with the 8- lane road expected to be completed in next 6 months, there will be a spike in real estate activities. The micro-market will be at an accessible distance from the airport, upcoming convention centre, and commercial clusters, which are growth multipliers for housing market and retail demand. Already numerous big developers are coming with large projects in the region”,
Expressing his views on the same, Vikas Garg, Deputy Managing Director of MRG, said, “Sector 91 is reaping the advantages of being close to Dwarka Expressway, which is already a realty hotspot. Its location is adjacent to the Manesar industrial corridor, and subsequently, commercial and residential developments have started coming up in Sector 91. Precipitating infrastructural developments and fast road connectivity to major high-end corridors of Gurugram is also one of the strong points that are rendering it very useful according to the real estate growth perspectives.”
Kushagr Ansal, Director Ansal Housing said, “Various housing and commercial developments have started to take place in Sector 91 as people are increasingly settling in the region, offering them good employment opportunities.”
Rising infrastructural developments, low leasing rates, easier accessibility and proximity to Dwarka Expressway is making the real estate industry sit up and notice and change the fortunes of Sector 91.
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