To enhance urban transportation for Gurgaon residents, PM Narendra Modi laid the foundation stones for the Gurgaon Metro Rail Project in 2023. Slated to be operational by 2027, this extension is anticipated to boost real estate development in the surrounding areas. Read on to find out about the top neighbourhoods poised to benefit from the New Gurgaon Metro.
Impact of Gurgaon metro project
Gurgaon is rapidly advancing towards enhanced connectivity with the extension of its metro corridor. This 28.5-km extension, valued at Rs 5,450 crore, will connect Millenium City Centre with Udyog Vihar Phase 2. The new line will integrate with the existing Rapid Metro at the Moulsari Avenue station near Cyber City. The expansion of the Gurgaon Metro is set to transform the city’s transportation network and significantly impact its real estate market. As the new corridor improves accessibility and connectivity, surrounding areas are likely to see an increase in property values, driven by heightened demand from users and investors.
Key localities to benefit from Gurgaon metro project
Thanks to the partially operational Dwarka Expressway, many New Gurgaon localities are seeing significant capital value increases. With the new metro line enhancing connectivity, these premium localities in Gurgaon are expected to thrive:
Sector 45
Close to the Huda City Centre metro station, Sector 45 is attracting homebuyers and investors due to its proximity to the metro line. Its connectivity to major commercial centres and educational institutions is boosting demand for residential properties.
Sector 47
Near the Cyber Park metro station, Sector 47 is becoming a popular residential destination. The improved metro connectivity is increasing the area’s appeal, leading to rising property prices and development activities.
Sector 48
Benefiting from its proximity to the Subhash Chowk metro station, Sector 48 is seeing increased demand from users and investors. The enhanced accessibility is driving interest in residential and commercial properties.
Sector 72A
Positioned near the Sector 72A metro station, this locality is experiencing a real estate boom fuelled by metro connectivity. Homebuyers are attracted to the area’s well-planned infrastructure and convenient transportation access.
Hero Honda Chowk
The metro station at Hero Honda Chowk is driving real estate growth in the surrounding areas, attracting residential and commercial developments as investors capitalise on increased property demand.
Udyog Vihar
This industrial and commercial hub is set to transform with metro connectivity. The new stations at Udyog Vihar Phases 4 and 5 are expected to boost demand for office spaces and commercial properties.
Palam Vihar
Located near the Palam Vihar Extension and Palam Vihar metro stations, this locality is seeing a resurgence in real estate activity, attracting homebuyers seeking well-connected residential neighbourhoods.
Sector 23A and Sector 22
These localities near the metro stations along the Dwarka Expressway are experiencing increased demand for residential properties, driven by the metro’s proximity and resulting in growth in these emerging residential pockets.
Sector 4
This upcoming locality is close to key employment hubs and offers a mix of builder floors and independent houses. It boasts ample social infrastructure and civic amenities and is easily accessible via various transportation modes. It is very close to the railway station along the Old Railway Road.
Sector 9
An affordable residential area, Sector 9 features properties priced between Rs 40–60 lakhs, with 3-BHK units being the most common. The locality is close to other residential colonies and minutes away from Basai Road.
Ashok Vihar
One of the most affordable residential areas in Gurgaon, Ashok Vihar is near the Old Railway Road and Sheetla Mata Mandir. The area primarily has builder floors, independent homes and a few low-rise apartments. It is close to commercial and employment hubs and good schools, hospitals and shopping areas.
Sector 7
Known for its connectivity via Pataudi Road and Basai Marg, Sector 7 offers excellent intra-city connectivity. The Dwarka Expressway is 7 km away, linking it to Delhi. Residents can use UER II to reach Indira Gandhi International Airport within 44 minutes by road. The Gurgaon Railway Station is 3 km away and major commercial hubs, like Udyog Vihar, IFFCO Chowk and DLF Cyber City, are within a half-hour drive. The Industrial Development Area in Sector 16 is a 20-minute drive away. The locality features independent builder floors and villas, with a few plots and apartments.
Housing.com POV
The extension of the Gurgaon Metro will significantly enhance the city’s connectivity and transportation infrastructure, catalysing real estate growth in the process. The 28.5-km extension will connect Millenium City Centre to Udyog Vihar Phase 2, merging with the Rapid Metro at Moulsari Avenue station near Cyber City. As a result, various localities are expected to experience substantial capital value increases and development activity. Sectors such as 45, 47, 48, and 72A are witnessing heightened interest from homebuyers and investors due to their proximity to new metro stations and key commercial hubs. Areas like Hero Honda Chowk, Udyog Vihar and Palam Vihar are poised for significant real estate growth, driven by the enhanced accessibility provided by the new metro line. Emerging residential pockets, like Sectors 23A, 22 and 4, will likely see increased demand, while affordable localities, such as Sector 9 and Ashok Vihar, offer attractive options for budget-conscious buyers. Overall, the New Gurgaon Metro project promises to reshape the city’s real estate dynamics, attracting both end-users and investors and boosting property values across the region.
FAQs
What is the expected completion date for the Gurgaon Metro Rail Project?
The Gurgaon Metro Rail Project is expected to be operational by 2027. This timeline includes all phases of construction, testing and commissioning of the new metro line.
How will the new Gurgaon Metro extension impact real estate prices in the surrounding areas?
The new metro extension is expected to significantly boost real estate prices in the surrounding areas. Improved connectivity and accessibility will attract homebuyers and investors, leading to increased demand and higher property values.
What is the total length and cost of the new Gurgaon Metro extension?
The new Gurgaon Metro extension will cover 28.5 km and is valued at Rs 5,450 crore. This extension will bridge key areas within Gurgaon and enhance overall urban transportation.
Which areas will the new Gurgaon Metro line connect?
The new metro line will connect Millenium City Centre to Udyog Vihar Phase 2, integrating with the existing Rapid Metro at Moulsari Avenue station near Cyber City. This will create a seamless transportation network within Gurgaon.
How will the Gurgaon Metro extension improve daily commuting for residents?
The Gurgaon Metro extension will drastically improve daily commuting by reducing travel time, alleviating traffic congestion and providing a reliable and efficient mode of transportation. Residents will have better access to key commercial, residential and recreational areas, making daily commutes more convenient and less stressful.
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