Overview of Sushant Lok, Gurgaon

Sushant Lok, situated in Gurgaon, is a highly coveted residential area that combines luxurious and comfortable living. Here are some key points to bear in mind from a real estate standpoint:

Property Types and Prices

Sushant Lok houses a varied selection of properties, like villas, builder floors, and towering high-rise apartments. Generally, flat rates here scale from ₹12,200 to ₹24,000 per square foot. The specific averages are ₹13,500 per sq ft for flats and ₹10,800 to ₹14,600 per sq ft for builder floors.

For detailed configurations, a 3 BHK flat can retail between ₹2.08 crores and ₹4.12 crores, while a 4 BHK one adjusts similarly based on size and features.

Rental Options

Renting in Sushant Lok offers multiple choices. The average monthly rent for a 2 BHK property is ₹22,500. Options stretch to furnished and semi-furnished 1, 2, and 3 BHK flats, plus builder floors. The price will vary depending on size and amenities featured.

Amenities and Facilities

This locality is famous for its well-laid residential projects such as The Ivy, Navyug Apartment, Silverglades Laburnum, and Silverglades Hightown Square. These bring a host of amenities like power backup, meditation spaces, kids' play areas, indoor squash and badminton courts, gyms, swimming pools, and security measures. Plus, proximity to necessary amenities such as schools, hospitals, and local markets enhances the area’s appeal.

Connectivity and Infrastructure

Sushant Lok enjoys excellent connectivity thanks to its closeness to the metro network, Golf Course Road, and Mehrauli Gurgaon (MG) Road. This ensures seamless access to other NCR regions, making it an attractive option for both residents and commuters.

Price Trends and Appreciation

Price trends for flats in Sushant Lok have demonstrated significant changes over the years. There was a -23.3% change over the past 1 year, a 51.5% jump in the last 3 years, and a 77.6% rise in the last 5 years. Builder floor prices climbed by 9.8% in the last year. Land rates also rose by 19.6% over that same period.

PropertyWala's Insight

Thinking of buying or renting a property in Sushant Lok, Gurgaon? Investing here brings a mix of luxury, comfort, and convenience. This area boasts robust infrastructure, excellent connections, and a whole range of property options. Despite slight property rate shifts, the long-term trend shows significant appreciation, marking Sushant Lok as a hot spot for real estate.