Sector 10, Gurgaon Overview

Sector 10 in Gurgaon is renowned as a popular and desirable area for residential living, boasting an array of independent houses, luxury builder floors, and modest apartments. From a real estate standpoint, here’s what you should think about:

Location and Connectivity

• Located centrally in Gurugram, Sector 10 lies next to key areas like Sector 4 and Sector 9.
• The area is perfectly accessible via Basai Road and Old Railway Road, with NH-48 offering easy connectivity to Delhi and other parts of the National Capital Region (NCR).

Property Types and Rates

• Residential Properties:
  • The price of buildings per square foot in Sector 10 averages between Rs. 11,847 and Rs. 12,067.
  • Land prices sit around Rs. 16,600 – Rs. 22,250 per square foot.
  • Builder Floor rates range from Rs. 8,450 - Rs. 12,550 per sqft.
• Rental Properties:
  • A 1 RK apartment's monthly lease ranges from ₹7,000 to ₹14,000.
  • A 2 BHK apartment’s rent can vary from ₹10,000 to ₹22,000 monthly.
  • On average, a monthly rent for a 3 BHK flat is ₹12,000.

Infrastructure and Amenities

• Educational Institutions:
  • The region includes several esteemed schools, such as DAV Public School.
• Healthcare Facilities:
  • Nearby are healthcare institutions like Civil Hospital and ESI Hospital.
• Transportation:
  • There is easy access to public transport like auto-rickshaws and bus services.
• Recreational Facilities:
  • Parks and green spaces abound, creating a serene living environment.

Investment Insights

• Demand for homes in Sector 10 has remained strong, marking it as a great spot for families and professionals alike.
• The nearby commercial hubs like Cyber City and Udyog Vihar might boost property values in the future.
• The area is great for rental investments due to its proximity to various corporate offices, ensuring regular rental income.

Market Growth Trends

• Year-over-Year (YoY) Growth:
  • Property prices in Sector 10 have dipped by 11.2% over the past year.
  • Land prices have fluctuated by 31.5% over the last year and have risen by 110.2% in the final decade.

PropertyWala's Verdict

This neighborhood in Gurgaon combines the calm of residential living with the convenience of business connectivity, making it appealing to both buyers and renters. Sector 10's strong infrastructure, close proximity to educational and medical centers, and the promise of property value growth make it a great investment. Remember the current market situation and the slight dip in property rates over the last year when planning your move. Sector 10 stands out as a promising destination for those who desire a good mix of connectivity and comfort in Gurugram.