Overview of Udyog Vihar Phase 1 in Gurgaon

Udyog Vihar Phase 1 in Gurgaon stands out as one of the city's oldest and most prominent employment centers.

Location and Connectivity

• Located near the Delhi Gurgaon Expressway and NH-8.
• Close to landmarks such as DLF Cyber Park and Iffco Chowk Metro Station.
• Excellent connectivity makes it ideal for both businesses and residents.

Property Types and Pricing

• Residential:
  • Mainly apartments and houses, with an emphasis on 2BHK units priced from 80 lakhs to 1.3 crores.
  • Average price per square foot ranges from Rs. 6,000 to Rs. 28,037.
• Commercial:
  • Features industrial buildings, office spaces, and commercial plots in the range of Rs. 6.53 Cr to Rs. 75 Cr, depending on size and amenities.
  • Options include independent buildings, corners, and spaces in renowned commercial complexes.

Infrastructure and Amenities

• Social and Civic:
  • Maintained well by local authorities with good social and civic amenities.
• Shopping and Leisure:
  • Plenty of shopping areas and facilities like Citycart.
• Community and Environment:
  • Known for a friendly neighborhood and a safe environment.

Rental Market

• Residential rental market is minimal due to resident preference for long-term ownership or renting.
• Commercial rentals vary greatly based on space type and size, with big brands like Mercedes renting properties.

Investment Potential

• Short Term:
  • No significant short-term price increases anticipated; gradual price hikes are more likely.
• Long Term:
  • Long-term investments are promising due to area growth from new office openings by big brands and entrepreneurial activities.

Key Highlights

• Prime Location: Proximity to major highways and business centers.
• Mixed Use Development: Effective blend of residential and commercial areas.
• Facilities and Amenities: Includes service/goods lifts, visitor parking, intercom facilities, and more in commercial buildings.

PropertyWala’s Summary

Udyog Vihar Phase 1 in Gurgaon offers an appealing locale for those looking for residential or commercial properties. Its prime position, outstanding connectivity, and maintained infrastructure make it very desirable. Residential rental options are limited, but long-term investments for both residential and commercial properties have considerable growth potential. Perfect for establishing a key business presence or finding a comfortable living area, Udyog Vihar Phase 1 combines convenience, safety, and great appreciation in property value opportunities.