Property in Manesar
Manesar, The Booming City
A few year ago Manesar was just consider to be a village but there has been a paradigm shift from just being an agricultural area to an industrial hub, particularly after the development of the IMT-Manesar. Manesar is well connected to South of Gurgaon by National highway-8 and it is a fast-growing industrial hub in the upcoming Tier 2 City in Haryana. This industrial development has led increasing demand and value for residential properties in Manesar. It is always regarded as a part of its extravagant neighbour Gurgaon and apart from industrial hub, Manesar is attracting IT, BPO’s and related companies as well. But currently, there is very few completed project more of under construction project are there in at Manesar, and, unlike in Gurgaon, where there are many different choices and all kind of budgeted houses are available. Mansear’s connectivity to Gurgaon has provided it to be the next upcoming area of Delhi NCR. Some of the builders have started advertising Manesar with a new name i.e. “New Gurgaon.
Snapshot of Property in Manesar
Value Drivers for Demand in Properties in Manesar
Location & Connectivity
NH-8 is well positioned around Manesar, makes it easily connected to any part of Gurgaon. Also Public transportation in Manesar is well in placed which keep the cities well connected with each other. Manesar is very closely connected with Gurgaon and it takes 20 minutes to travel from Manesar to reach International airport in Delhi. Also Gurgaon, Garhi Harsaru Railway station is not very far from Manesar as it takes only 15 minutes to reach the station. As per the new master plan 2021 new Sectors like 78, 79, 80, 81, 86, 92, and 95 are coming up in between IMT Manesar and Gurgaon. The Huda government is also planning to extend the metro line from Huda city centre to manesar which will lead to less traveling time from manesar to Gurgaon. Kundli-Manesar-Palwal (KMP) Expressway, which is under construction, is planned to be taken over by the central government to ensure its completion.
With regard to social infrastructure in manesar it will be best state its work-in-progress. Though, more than 1000 multinational companies, IT companies have been functioning there operations with basic infrastructure in place. Schools, hospitals, hotels and restaurants are accessible along National highway-8. Some of the prominent schools in Manesar are DPS, Kendriya Vidyalaya and Amity Indian Military College. In and around manesar there are a lot of hospitals which are operational like Yashlok Hospital, Life care Hospital and Shri Ram Hospital. Some of the few resorts that have been developed within the vicinity of manesar are Heritage Village Resort & Spa, Tarudhan Valley and ITC Classic Golf Resort Villas. There are also a number of hotels that been functional in the outskirt of IMT manesar including Ginger Hotel and Spa and Savory Suites.
For ready to move-in apartments is in the range of ₹ 4,000 to 4600 per sq ft and for the projects which are under construction apartments is in the range of ₹ 4,300 to 4800 per sq ft depending upon the location and builder of the project in manesar. End user in which have modest budget i.e. below 50 Lakh can easily find a 2 BHK apartment in manesar. If you are looking to invest in a vacant residential plot, you will more likely to get options around manesar rather inside any township. One can get residential plot in sector 91 which is in the price bracket of 45,000 to 55,000 per square yard from reputed developer. Once the Kundli-Manesar-Palwal (KMP) Expressway is completed there will be a price escalation as the connectivity improves. Already, there is huge demand among investors and end user to invest in residential apartments in Manesar.
Take a Look at Infrastructure Developments & Amenities in Manesar.
RESTAURANT IN MANESAR
BANKS/ ATMS IN MANESAR
HOSPITAL/DOCTORS IN MANESAR
SHOPPING MALL IN MANESAR
Top Residential Properties in Manesar
Residential Plot for Sale in Manesar, Gurgaon
|♦ Location||Near Sector – 1|
|♦ Type||Residential Plot|
|♦ Area||100 Sq Yard|
|♦ Price||₹ 25 Lakh|
Independent/Builder Floor for Sale in Manesar
|♦ Location||IMT Manesa|
|♦ Type||Builder Floor|
|♦ Floors||3 BHK|
|♦ Area||375 Sq Yard|
|♦ Price||₹ 2.5 Crore|