Overview of Gurgaon-Mehrauli Road Area, Gurgaon

Where the Gurgaon-Mehrauli Road Stands

The Gurgaon-Mehrauli Road area, often labeled MG Road, forms a prominent region within Gurgaon, located in Delhi NCR. The impressive connectivity, enhanced by the presence of the MG Road Metro Station, means commuting can be quite peaceful. Plus, its closeness to major highways boosts its accessibility.

Various Amenities and Facilities Nearby

Education

• Several top-tier schools dot the area, such as Sarvodaya Kanya Vidyalaya, GD Goenka Global School, and Kendriya Vidyalaya Arjangarh.

Healthcare

• Close by are renowned hospitals including Neelkanth Hospital, Cronus Multi Speciality Hospital, Medicity Hospital, and St Stephen's Hospital.

Shopping

• This spot turns into a shopping hub, offering choices from small markets to high-end malls like Spar Hypermarket and Pall Mall shopping center.

Business and Workspaces

• The Altrade Business Centre offers modern co-working spaces, fitting for both startups and established enterprises.

Hospitality

• Global-class hotels like Hotel Haris provide comfortable lodging and dining choices.

Fitness and Leisure

• There are several gyms and fitness centers like Fitness Addiction, VIBES FITNESS GYM, and Hype The Gym for those who love staying fit.

Current Property Prices and Trends

Current Price Range

• Properties on MG Road start around Rs. 5,384 per sqft with an average reaching Rs. 15,353 per sqft. The most prestigious go up to Rs. 27,777 per sqft.

Trends Over Time

• There has been a 13.14% drop in property rates year-over-year this past year, signaling a possible prime buying moment.
• In recent years, prices have increased, growing by 20.5% last year and skyrocketing by 108.3% in the last five years.

Types of Properties on Offer

Apartments

• Flats in this region vary from Rs. 23,250 to Rs. 27,950 per sqft, with different sizes and styles available.

Builder Floors

• Prices around ₹25,000 per sqft are typical for builder floors.

Extra Amenities Nearby

Restaurants and Food Options

• Different eateries like Latest Recipe, Halki Aanch, China Club, and Tandoori Trumpets are there.

Supermarkets

• Nearby, you’ll find shops like Megha Supermart, Lohiya Mart, and Spar Hypermarket.

Temples and Religious Sites

• There are various temples, including Shiv Mandir Gurugram, Shree sai peer temple, and Shani Dev Mandir.

PropertyWala's Opinion

The Gurgaon-Mehrauli Road area is appealing for buying or renting based on its mix of home, business, and leisure settings. Its strong connectivity, top amenities, and impressive historical price gains mark it as a great option for buyers and investors. But potential buyers should keep an eye on the recent year-over-year dip in property rates for a well-informed choice.