Gurgaon is touted as the Millennium city of India. In the NCR, it has become one of the most prime real estate hubs with prices among the highest here. In just a few years, it has become the hub for national and multinational corporates; and with the influx of working professionals the city has witnessed a huge realty boom, especially residential projects.

Within the city, Gurgaon Sector 89, 90 are one of the popular suburban localities. Going by property trends across various websites, the prices in these areas have risen by 3-4% in the past 23 months at average price of INR 6,394 per square feet. Industry pundits are of the opinion that upcoming projects on this stretch are expected to see a capital appreciation of around 15-20%, depending on individual real estate projects. Till the year 2020, the rate of this area is estimated to grow from an average of INR 4,356 to an average of INR 9,000.

The reasons for the meteoric rise of this locality are many.

1. Strategic location. Gurgaon-Pataudi Road connects to the Dwarka Expressway, Kundli-Manesar-Palwal Expressway, and NH-8. The highways not only provide easy connectivity to other developed parts of Gurgaon, they have also reduced the travel time from Delhi to Gurgaon considerably.

2. Another advantage that has given fillip to projects on Pataudi Road is the presence of the industrial township of Manesar. As per the Gurgaon Master Plan 2031, SEZs, residential units, and commercial infrastructure by private companies and the government have been proposed for the area. This has raised land rates along the area making it one of the most sought after destinations for investment among developers and end users.

3. Availability of land parcels. The nearby pockets located along Mehrauli-Gurgaon Road, Sohna Road and Golf Course Road are left with scarce land for new projects. There are several new luxury projects by top real estate developers are coming up here.

4. Another pull factor is that the administration is focused on a comprehensive and multi-dimensional development of the infrastructure and economy

Among the upcoming luxury apartments in Gurgaon in Sector 89, 90 are Woodview Residences by top real estate company in NCR, Lotus Greens. One of the iconic projects here, Lotus Greens Woodview Residences present a perfect blend of independent homes and abundance of natural greenery. The project is spread across an impressive 150 acres and is designed to house low-rise luxury villas. Independent floors are available in options of 2, 3 and 4 BHK options in sizes varying from 1150 to 2450 square feet. Urban amenities, ritzy interiors and supremely top-class standards of construction make Lotus Greens an ideal option for those considering world-class 3 BHK apartments in Gurgaon. In addition, there is the backing of the Lotus Greens name, one of the best real estate developers in Delhi NCR.

Also, property prices in the area have stabilized after a slump. With attractive construction-linked payment plans offered by the builder, now is definitely a good time to buy as any.