Overview of Sector 89A, Gurgaon

Location and Connectivity

Sector 89A in Gurgaon lies near the residential zone along Dwarka Expressway in New Gurgaon. Close to Dwarka Expressway, NH8, and Pataudi Road, it offers great access.

Property Prices

• Sector 89A's average property rates range from ₹10,300 to ₹10,750 per square foot.
• Here are the specific prices for different properties:
  • For 1 BHK apartments: ₹9,900 - ₹10,100 per sq ft (372-381 sq ft).
  • For 2 BHK apartments: ₹1.39 crore - ₹1.64 crore (625-657 sq ft).
  • For 3 BHK apartments: ₹1.94 Cr - ₹2.67 Cr (1750-2150 sq ft).

Price Appreciation

• Prices here have appreciated sharply:
  • 21.3% increase in the last year.
  • 76.7% in the last five years.
  • 79.8% over the decade.
• Noteworthy projects like ATS Marigold and Vatika Seven Elements show strong growth:
  • YOY increase: 27.2% and 22.6% respectively.

Infrastructure and Amenities

• Schools: Numerous schools are nearby like Saraswati Model School, Lotus Rise World School, and St. Xaviers High School.
• Hospitals: Sarvamangala Hospital, Jeevansaar Hospital, and Hayat Hospital are close by.
• Green Spaces: Parks and green areas within the sector offer a tranquil environment.
• Fitness Centers: Gyms such as The Wellness Club Gym Xpress and BIJENDER HEALTH CLUB are nearby.

Benefits and Drawbacks

Benefits:

• Affordable Housing: Compares well to other sectors within Gurgaon.
• Emerging Hub: Recent commercial projects and new developments.

Drawbacks:

• Infrastructure Problems: Water, electricity, and road maintenance issues are common.
• Traffic Congestion: Traffic jams, especially during peak hours.
• Limited Amenities: Few shopping centers, schools, and healthcare facilities within the sector.
• Construction Delays: Some projects cause buyer inconvenience.

Rental Insights

• You can find a range of rentals:
  • More than 5 affordable options below ₹19,000/month.
  • Plenty of premium ones above ₹24,000/month.
• A 3 BHK apartment rents for about ₹35,000 per month.

PropertyWala's Conclusion

Sector 89A in Gurgaon stands out as a promising residential area with its key location, affordable housing, and green areas. Buyers and renters should be mindful of infrastructure challenges, traffic, and limited amenities. With robust price appreciation and new developments, it attracts investors and those seeking a growing residential hub.