Overview of Model Town, Gurgaon

Location and Connectivity

Model Town, in Sector 11, Gurgaon, is placed close to the center of Gurgaon, making it popular for both people and investors. It's roughly 30 km from New Delhi and 41 km from Noida Film City. This area is well-linked via road and metro, with top spots like Aravalli Biodiversity Park and Sultanpur National Park just a short distance away.

Real Estate Market

• Property Types: You'll find many types of homes in Model Town, such as plots, builder floor apartments, houses, and villas.
• Price Range: The average cost per square foot is around Rs. 7,113. Home prices can go from Rs. 60 Lac to Rs. 3.4 Cr, with 3 BHK configurations being popular. Around 44% of the homes for sale are residential houses.

Amenities and Infrastructure

• Educational Institutions: There are several schools like Sanlok Institute of Management and Information, and colleges including Maria Montessori & Institute of Montessori Teacher Training within 300 meters.
• Healthcare: Sethi Hospital and Kathuria Hospital are less than 500 meters away.
• Shopping and Markets: It's close to several shopping complexes and markets like Yadav Market, Trunk Market, Sadar Bazar, HUDA Market (Sector 14), and Tibetan Market.
• Other Amenities: The area has plenty of banks, hotels, restaurants, cinema halls, and healthcare centers for a comfortable life.

Connectivity and Transportation

• Metro and Road Connectivity: There's great road and metro connections now. Plus, a new metro project is set to be approved by the Haryana government, which will improve connectivity to places like Sector 9 and Sector 5.

Rental Market

• Rental Prices: Usually, 2 BHK houses for rent cost ₹11,000 to ₹15,000 per month. 1 BHKs might be Rs. 9,000 to ₹14,000 per month.

Growth and Development

• Recent Trends: The real estate market in Model Town is booming. It's because of good demand-supply and better infrastructure. Plus, having Fortune 500 companies nearby impacts property prices positively.
• Upcoming Projects: Many new residential projects are planned in the area. These will be ready to move into and will make the area even more appealing.

PropertyWala's Conclusion

In summary, Model Town in Gurgaon stands out for those buying or renting homes due to its strategic spot, good connectivity, and awesome amenities. Thanks to its strong infrastructure, nearby big companies, and new projects, it's very popular for those looking for a smooth and linked living space. Of course, people should also keep in mind the population density and traffic issues. Still, Model Town offers luxury, ease, and good future growth, making it a top pick in Gurgaon's housing market.