Overview of Gurgaon's Sector 54

Location and Appeal Sector 54 in Gurgaon is among the popular and well-developed parts of the city. It sits close to major landmarks like the DLF Golf Course, Paras Hospital, and many other amenities, which makes it appealing for both people looking to buy and those renting.

Property Varieties This area has a wide variety of properties:

• Large Multistory Apartments: Found in many different plans, like 1 BHK, 2 BHK, 3 BHK, 4 BHK, and 5 BHK.
• Builder Floors: These are separate floors in high-rise buildings, mixing modern and traditional living spaces.
• Stand-alone Homes: There are some stand-alone house choices here for those who prefer more space and privacy.
• Building Land: If you’re interested in constructing a structure of your own, plots suitable for this purpose are available here.

Prices of Properties

Purchase Costs

• Apartments: Costs range from ₹24,400 to ₹36,200 per square foot, with an average price being around ₹27,350 per square foot.
• Builder Floors: Prices run from ₹13,850 to ₹23,250 per square foot.
• Land: Costs are between ₹30,150 and ₹40,750 per square foot.

Rent Expenses

• 1 BHK Apartments: Renting costs beginning at ₹15,000 per month.
• 4 BHK Apartments: Rents varying from ₹1.4 Lakh to ₹4.5 Lakh monthly.

Trends in Pricing

• Yearly Price Change (Last Year): The property market in Sector 54 has had mixed experiences. Flat prices went up by 14.4%, while builder floor prices climbed by 58.3% and land costs increased by 24.7%.
• Extended Price Increase: Over five and ten years, property prices have grown a lot, specifically flats up by 89.9% and 111.2%, builder floors by 156.3%, and land costs by 200.8% and 168.3% respectively.

Service and Amenities This area includes many kinds of services, such as:

• Schools: Nearby institutions like Suncity School.
• Medical Care: Paras Hospital nearby.
• Fun Places: The DLF Golf Course and other community parks.
• Basic Needs: There are good roads, covered parking, power backup, and constant water supply.

Rental and Purchase Information

• No Brokerage: A lot of properties are directly listed by owners, avoiding middleman fees.
• Maintenance Fees: Monthly maintenance fees can vary but usually range from ₹8,000 to ₹35,000.

PropertyWala’s Final Thoughts

Sector 54 in Gurgaon stands out as a strong choice for individuals wanting to buy homes and rent places because of its excellent location, diversity in property types, and good infrastructure. It has also shown major increases in property prices over the years, marking it as a good chance for investment. Future buyers and renters should look closely at price changes, the amenities that are available, and the whole living situation to make good decisions. Whether you are looking for a fancy place to live or a place to rent that doesn’t cost a lot, Sector 54 has options for almost any need or budget.