Overview of Sector 63, Gurgaon

Sector 63 in Gurgaon is a buzzy and swiftly growing area, luring both purchasers and tenants because of its strategic spot and myriad amenities.

Property Prices

• Apartment Prices: The cost of apartments in Sector 63 varies from Rs. 14,900 to Rs. 21,500 per square foot, averaging at Rs. 19,900 per square foot.
• Builder Floor Prices: Prices for builder floors lie between Rs. 11,850 to Rs. 17,500 per square foot.
• Land Rates: Land prices in this region range from Rs. 24,600 to Rs. 34,450 per square foot.

Price Trends

• Short-Term Appreciation: In the last year, apartment prices have gone up by 7.6% and builder floor prices have risen by 23.4%.
• Medium-Term Appreciation: Over three years, flat rates have soared by 112.8% and builder floors by 38.4%.
• Long-Term Appreciation: In a decade, apartment prices have appreciated by 180.3%, and land values have jumped by 240.7%.

Types of Properties

• Apartments: Offering different sizes, including 2 BHK, 3 BHK, and 4 BHK apartments.
• Builder Floors: Another sought-after option, available in various sizes and configurations.
• Land: Plots are perfect for those who want to construct their own homes.

Rental Options

• Rent Prices:
  • 2 BHK flats: ₹46,000 to ₹50,000 per month.
  • 3 BHK flats: Between ₹48,000 and ₹75,000 per month.
  • 4 BHK flats: About ₹58,000 to ₹60,000 per month.
• Amenities: Plenty of rental properties may include features like gas connections, parking facilities, multiple balconies, and modern furnishings.

Location and Connectivity

• Strategic Location: Located along Golf Course Road, Sector 63 is easily accessible to key areas, making it perfect for those working in nearby business zones.
• Accessibility: With strong links to major parts in Gurgaon, this area enhances its attractiveness for both residents and commuters.

Market Dynamics

• Supply and Demand: With over 1045 properties available, there’s enough supply to fulfill the demand from both buyers and renters.
• Profitability: Given the rising property values, buying or selling properties in Sector 63 remains a profitable venture.

PropertyWala's Conclusion

Let's wrap it up: Sector 63 in Gurgaon offers a fascinating real estate chance for both buyers and renters. It shines with its impressive appreciation in property values, wide range of property types, and great connectivity. Whether you want to buy a luxury apartment or a more budget-friendly builder floor, Sector 63 combines modern amenities and strategic location, presenting itself as a sound option if you're thinking about investing in Gurgaon's real estate.