Overview of Sector 48, Gurgaon

Location and Connectivity

• Sector 48 in Gurgaon is located on Sohna Road, providing excellent access to major areas like Golf Course Road, Cyber Hub, and key commercial zones.

Residential Options

• This area offers various homes, including 2 BHK and 3 BHK flats, as well as 4 BHK and 5 BHK villas, plots, and luxury homes. These options address both budget-friendly and high-end housing.

Amenities and Infrastructure

• Sector 48 boasts top hospitals and reputable educational institutions, along with amenities like gated communities, parks, CCTV systems, and other modern features.

Property Prices

Buying Prices

• Properties in Sector 48 start at Rs. 1,277 per sqft, with averages around Rs. 12,558 per sqft. The prices can reach up to Rs. 27,777 per sqft.
• For square yards, costs range between Rs. 1,02,128 and Rs. 1,16,280 per sq. yd, growing at an average year-over-year rate of 12-18%.

Rental Prices

• Rental prices differ in Sector 48.
  • 1 BHK flats: Not often listed but small ones start around ₹10,000 - ₹11,500 per month.
  • 2 BHK flats range from ₹22,000 to ₹45,000 per month, averaging ₹27,800.
  • 3 BHK flats: Between ₹28,000 to ₹40,000 per month, with an average of ₹34,000. Some luxury options reach up to ₹65,000 per month.
  • 4 BHK flats can go up to ₹2 lacs per month.

Investment and Market Trends

Growth Prospects

• Property prices in Sector 48 are increasing, with some residential areas like Parsvnath Green Ville, Bestech Park View City, and Vipul Greens showing year-over-year (YOY) growth rates up to 50%.

Rental Market

• There is a mix of rentals in the sector, with budget-friendly options under ₹30,000 per month and numerous premium properties over ₹40,000 per month.

PropertyWala's Conclusion

Sector 48 in Gurgaon is a promising real estate choice for buyers and renters. It offers excellent connectivity, varied residential options, and strong infrastructure. Its robust growth prospects and dynamic rental market make it appealing for both investors and end-users. However, it’s essential to carefully review the current market trends and price ranges before making a decision.