Overview of Sector 59, Gurgaon

Location and Popularity

Sector 59 in Gurgaon is a highly desired area of the city. It connects well to major hubs and includes both residential and commercial real estate, making it appealing for buyers and renters.

Property Types

• Apartments: The area mostly has apartments in a range of sizes and layouts. These go from 3 BHK to 4 BHK, with spaces ranging from 2095 sq.ft to 3395 sq.ft.
• Builder Floors: In addition to apartments, you can also find builder floors in Sector 59.

Price Trends

Apartment Prices

• Prices for apartments can go from Rs 19,789 to Rs 25,949 per square foot. On average, prices are between Rs 18,890 to Rs 23,150 per sq ft.
• The area has seen a price increase by 12.55% over the last year. Over longer periods, there have been even more significant rises: 100.9% in 3 years, 120.0% in 5 years, and 145.7% in a decade.

Builder Floor Prices

• Builder floors are priced between Rs 11,100 to Rs 18,050 per square foot.

Rental Options

Renters in Sector 59 will find several choices, including fully furnished and semi-furnished apartments.

• Rental Prices: For instance, a 3 BHK semi-furnished apartment in Conscient Hines Elevate costs around ₹1.3 lakh and includes a maintenance fee of ₹20,000. To rent such an apartment, you will need a deposit of ₹2.6 lakhs.

Amenities and Infrastructure

• Sector 59 features a developed infrastructure, with quality schools, hospitals, and shopping centers nearby.
• Modern amenities such as golf courses and recreational areas enhance the lifestyle in this area.

Investment Potential

• Over time, Sector 59 has seen strong price appreciation, making it a great investment choice.
• Due to its high demand and development, buying or selling properties here can be very profitable.

PropertyWala's Conclusion

We can conclude that Sector 59 in Gurgaon combines convenient location, varied property choices, and robust price trends. Its advanced infrastructure and modern amenities make it a great option for a comfortable and profitable real estate investment. Whether you're aiming to buy a luxury apartment or rent a well-furnished flat, Sector 59 offers something for everyone.