One of the most prominent residential areas in Gurugram, Golf Course Road (Extension) Road has drawn both buyers and developers. The factors contributing to its success are excellent connectivity and dynamic social infrastructure. Golf Course Extension is becoming a popular destination for customers in Gurugram due to its convenient location, availability of ultra-luxurious apartments, and excellent social infrastructure. As the name suggests, it is an extension of the most prestigious micro-market of the city. The latter is near Sector 55 and Sector 56 and that is where the Extension Road starts. The expansion road runs from Sector 58 to Sohna Road at Badshahpur Chowk, passing through Sectors 61,62,63,65,66.
Golf Course Extension Road has become the nerve centre of Gurgaon due to a flurry of infrastructure developments, luxury residential projects, office spaces, retail spaces, entertainment, and recreation options. Its proximity to NH8, Golf Course Road, and Delhi via the Gurgaon-Faridabad Expressway, combined with the walk to work concept in Gurgaon, has made it a popular residential address for corporate professionals, HNIs, UNIs, and ex-pats, said Vivek Singhal, CEO, Smartworld Developers.
After the successful development of Golf Course Road, Golf course extension road has emerged as the most promising real estate growth corridor in Gurugram. As per sources, DLF is planning to launch a premium residential project in Sector 63 Gurugram next month. The estimated sales realisation of this project will be around Rs 7,500 crore.
Shashank Vashishtha, executive director, eXp India, said “The ongoing expansion of the Golf Course Extension Road is a prime example of how infrastructure development significantly shapes the real estate market. Due to the improved accessibility to transportation, amenities, and other essential services, properties near Golf Course Extension Road are becoming more desirable to prospective buyers and investors. The increased demand for these properties drives up prices and allows developers and builders to construct new homes and communities, positively affecting the area’s overall livability and quality of life.”
Recognizing the area’s potential, most top developers have built ultra-luxury properties in GCRE. To meet the needs of Gurugram’s corporate population, most of the developments here have cutting-edge facilities such as tennis courts, swimming pools, gymnasiums, multi-cuisine restaurants, tiny cinemas, and cycling tracks. Following Covid, there is a renewed emphasis on health and safety, with some complexes housing in-house medical clinics of leading hospital chains. Residents in community living have the opportunity to socialize as well as to create professional associations.
Source : Construction Week Online