Overview of Sector 23, Gurgaon

Location and Connectivity

Sector 23 is a well-connected residential area in Gurgaon, close to major commercial hubs like MG Road, Cyber City, and Golf Course Road. You can easily access it through Palam Vihar Road and National Highway 48, linking it to Delhi and other areas of the National Capital Region.

Property Types and Prices

• Price Range: Properties start at Rs. 8,111 per sqft with the average price at Rs. 8,394 per sqft. Premium properties can cost up to Rs. 38,888 per sqft.
• Property Types: You can find independent houses, builder floors, and flats in the area. Land rates range from Rs. 16,900 to Rs. 22,400 per sqft, and builder floors generally cost Rs. 8,450 - Rs. 11,100 per sqft.

Year-over-Year Growth

• Property Rate Trends: Sector 23 has experienced a significant increase in property rates. In the past year, they rose by 26.84%. Builder floor prices have increased by 15.4% over the last year, 44.7% within the last three years, and 93.8% over the past five years.

Amenities and Infrastructure

• Educational Institutions: The area is close to several quality schools.
• Healthcare: There are many hospitals nearby.
• Shopping and Entertainment: Residents have access to nearby malls, restaurants, and entertainment venues.
• Public Services: The sector offers essential services like banks and grocery stores.

Livability and Environment

• Infrastructure: The area has good physical infrastructure, with reliable water, electricity, and well-maintained roads.
• Public Transportation: Despite major road connectivity, the sector lacks comprehensive public transport options such as buses and metros.
• Green Spaces: There are limited green areas, which might be a downside for those who enjoy outdoor activities.

Rental Options

If renting is your option, Sector 23 offers diverse choices:

• Rental Prices: Rents vary, from ₹22,000 for a 1 BHK to ₹70,000 for a 4 BHK, depending on amenities and location.
• Amenities: Rental properties usually come with air conditioning, fridge, microwave, and parking facilities.

PropertyWala's Conclusion

Sector 23 in Gurgaon is a highly desirable residential area, especially for working professionals. It's near big commercial zones and has good connectivity. The area offers various property types at different price points, making it good for both investors and regular buyers. While it lacks extended public transport and green spaces, the strong infrastructure, amenities, and peaceful environment make it an attractive option for buying or renting properties in Gurgaon.