Location
Starting right from the point where the Golf Course Road ends at the juncture of Ghata Village on Rajesh Pilot Marg, you take a right and start moving towards the Southern Peripheral and keep going straight till the point you hit the intersection of Sector 66 Gurugram. That road you just travelled is technically the Golf Course Extension Road in Gurugram, Haryana.
How did it Happen?
After the development of the Golf Course Road which was a part of the Gurugram master plan 2011-2022 and had the Gurgaon Rapid till Sector 55/56, The Golf Course Extension Road – part of the Gurugram Master plan 2022-2033 starts just at a stone’s thrown from this Rapid station. It is very convenient to reach the prime office area of Cyber City through Sector 55-56 Rapid Metro Station and the signal free underpasses on Golf Course Road have significantly improved connectivity with the IGI Airport.
Salient Features
Known for its premium and luxury townships, the Golf Course Ejxtension Road is a sprawling road that has been a magnet for buyers and developers alike. It’s unmatched strategic location, unparalleled logistical connectivity and excellent infrastructure make it one of the preferred destinations for homebuyers from all across.
If we look at the infrastructural development of the area in the past few years, we know that owing to excellent connectivity and vibrant infrastructure, world class amenities in line with global living and working standards and an indulgent lifestyle have made it a preferred destination for luxury housing and work spaces. The Golf Course Extension Road is becoming one of the most prominent micro market areas in Gurugram, augmented by location advantage, wide accessibility, good connectivity and robust infrastructure.
A growing residential and commercial corridor in Gurgaon just adjoining the Gold Course Road, the Golf Course Extension Road area also features key micro-markets, which encompass various established and developing sectors along its stretch. The Golf Course Extension Road is an upscale area, which is replete with large townships and mixed-use properties consisting a dynamic mix of completed as well as under-development projects in both the high-rise and builder floors.
Considering the growth prospects of the region, India’s leading real estate developers like DLF, M3M, AIPL, Adani, Birla, Tata, Mahindra, Godrej, Oberoi and International Players like Emaar Ltd are coming up with world class residences and office spaces in and around the road in the coming months.
Statistics
Driven by strong sales but limited supply, property prices in many micro-markets across the National Capital Region (NCR), including Gurugram, have risen by 15 to 20% in the past six months.
City-based developers and Real Estate experts said the realty market has gained strength in the past one to one-and-a-half years with increased sales and rise in prices helping them liquidate stock. A key reason for this recovery is the strong check on new launches, which has ensured limited supply.
Saif Sheikh, Founder Director of Team Multipliers a city-based real estate consulting firm, which is present in Gurugram, Noida, & Dubai said the completion of key infrastructure projects in Gurugram like Golf Course Extension Road, Sohna elevated road, the Delhi-Mumbai expressway stretch near Sohna, and the near completion of Dwarka expressway and connecting roads in Delhi, have instilled a lot of confidence in buyers and investors.
The average prices of property on Golf course extension road has risen from ₹8,000 per square feet (PSF) to almost ₹20,000 PSF while prices on Dwarka expressway have risen from ₹9,000 PSF to ₹15,000 PSF. The report said supply continues to remain constrained across Delhi-NCR.
The premium segment remains largely unaffected by the rate hike and prices have increased 15-20% across micro-markets in the last six months. According to a report released by the Confederation of Real Estate Developers’ Associations of India (Credai), reasearch firms Colliers and Liases Foras, the property prices in Delhi-NCR rose by 10% in the first six months of 2022.
Should you Invest in Golf Course Extension Road, Gurugram?
Coming down to the core question of this article- Let us try and address this by various viable angles important to the investors irrespective of whether they are buying a residential property for sole usage, or for investment or a commercial property. As is evident, Gurugram offers some of the best investment options for residential and commercial investors. Therefore, if you plan to buy a property, then the micro-markets of Gurgaon, more specifically areas and sectors around the Golf Course extension Road are undoubtedly the best bet. This area has a plethora of real estate options and promise robust infrastructure and connectivity along with high investment potential. Two such localities that have experienced an increased demand from residential investors in Gurugram are Golf Course Extension Road and Sohna Road.
Golf Course Extension Road being well-connected to NH-8, IGI Airport, Gurgaon-Faridabad Road, Sector 55 and 56, Golf Course Road and the major commercial hubs of Gurugram offers a splendid living, best connectivity and superlative infrastructure.
Sohna Road, on the other hand, enjoys good connectivity to NH-8 and Golf Course Extension Road. From the Hero Honda Chowk, the locality is also connected to Manesar, Old Gurgaon, including Sector 14 and Palam Vihar.
Most of the new projects near Golf Course Extension Road cater to the premium crowd of Gurgaon. Some of the upscale residential developments in the area are from ace developers such as DLF, Ansal API, AIPL, M3M, Pioneer Group, Emaar MGF, Tata Housing and IREO, among others.
Real estate developers here are known for building Golf-themed apartments, luxury villas and penthouses. There are some upcoming residential projects by builders which offer a splendid view of the Aravallis and the Golf Course too, basically ensuring that you come home to the best quality architecture as well as a green view outside your windows. Developers today are hiring Internationally acclaimed architects who ensure that the design of your house lets in the maximum amount of sunlight and air through the day.
The Future
The development of Southern Peripheral Road (SPR) as an extension of the Golf Course Extension Road, connecting to NH 8 and intersecting Sohna Road at Badshahpur, has contributed massively to the real estate development of the region. The New Gurgaon-Sohna Master Plan 2031 aims to develop significant connectivity points on SPR like metro connectivity, link to Gurgaon-Faridabad Road, and the extension of the road into a six-lane Expressway. Just beside Sector 63A there is a 150 meter wide road coming up which shall connect Rajeev Chowk in Gurgaon through Sohna Road to Faridabad having a 700 acre University campus as well as 200 acre IT SEZ park having a beautiful drive along the Aravallis. These developments highlight that the future of both these localities is very bright. The Delhi Mumbai Industrial Corridor (DMIC) has also been planned close to the Golf Course Extension Road.
So in case you’re planning to invest or buy a home for your own usage in Gurugram, you should consider the Golf Course Extension Road.
