The golf course in Gurgaon was built by DLF and the whole area was made into a posh neighborhood. It may sound incongruous, but the presence of a golf course meant that there were many housing complexes that were built in and around the complex. An added attraction was the greenery that was part and parcel of the landscape. Therefore, the DLF golf course became one of the best and most sought after localities of the whole Gurgaon area. There are many residential complexes littered around the golf course and these have turned into some of the most expensive pieces of real estate in the city.
Reasons for popularity
The posh neighborhoods of DLF have been populated by some of the most affluent people of the country. Mostly the people who have bought properties here are the very rich businessmen who like to keep the base for themselves here in Gurgaon and the nonresident Indians who prefer to have a base in the capital. The properties here are also not easily available, so there is a great demand that cannot be met unless the buyers make an offer that cannot be refused. With the huge funds at their disposal, they can afford to make huge capital investments for their homes that would otherwise be not possible for normal people.
Shortcomings of locality
The main drawback of this locality is the fact that there are many traffic jams that clog up the roads during the peak hours. Commuting from here is a nightmare and cannot be navigated by means of a simple traffic control. The reason for this is that many roads converge here from various different parts of the city and the other cities around it also. With such difficulties, there are many different people who have been choosing to travel on a longer route rather than take this route when commuting. However, people who live on the two stretches of the road have to use this road, without exception. They are the ones who suffer the most.
Rental realty business
The main real estate business that happens here are the rental properties that are quite beneficial for those who wish to live here, but cannot afford it. The main users of this facility are the employees of the various companies which are scattered around the different parts of the city. With the different pay scales of people, there has been a need arising for houses of different budgets also. With this in mind the different housing strata have also been introduced.
Connectivity advantages
This locality is close to the different cities in and around Gurgaon. With the distance from the airport coming up to just 15 km and the distance from the city of New Delhi reduced due to the construction of the expressways, the already high demand for the properties has gone up even more. Therefore, it is not wrong to say that the locality has been experiencing hikes in the prices of the landed properties and also the apartments that have come up in and around the area. The prices of the properties in Golf Course Road come up to around Rs.14546 per sq ft.
Reasons for popularity
The posh neighborhoods of DLF have been populated by some of the most affluent people of the country. Mostly the people who have bought properties here are the very rich businessmen who like to keep the base for themselves here in Gurgaon and the nonresident Indians who prefer to have a base in the capital. The properties here are also not easily available, so there is a great demand that cannot be met unless the buyers make an offer that cannot be refused. With the huge funds at their disposal, they can afford to make huge capital investments for their homes that would otherwise be not possible for normal people.
Shortcomings of locality
The main drawback of this locality is the fact that there are many traffic jams that clog up the roads during the peak hours. Commuting from here is a nightmare and cannot be navigated by means of a simple traffic control. The reason for this is that many roads converge here from various different parts of the city and the other cities around it also. With such difficulties, there are many different people who have been choosing to travel on a longer route rather than take this route when commuting. However, people who live on the two stretches of the road have to use this road, without exception. They are the ones who suffer the most.
Rental realty business
The main real estate business that happens here are the rental properties that are quite beneficial for those who wish to live here, but cannot afford it. The main users of this facility are the employees of the various companies which are scattered around the different parts of the city. With the different pay scales of people, there has been a need arising for houses of different budgets also. With this in mind the different housing strata have also been introduced.
Connectivity advantages
This locality is close to the different cities in and around Gurgaon. With the distance from the airport coming up to just 15 km and the distance from the city of New Delhi reduced due to the construction of the expressways, the already high demand for the properties has gone up even more. Therefore, it is not wrong to say that the locality has been experiencing hikes in the prices of the landed properties and also the apartments that have come up in and around the area. The prices of the properties in Golf Course Road come up to around Rs.14546 per sq ft.
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