During the last several years, consumer preferences related to residential property purchases in Gurgaon have changed significantly. Now they tend to value privacy, spaciousness, and exclusiveness. In response to this trend, DLF focuses on luxury low-rise constructions, which the developer believes will be in huge demand in the nearest future.
Importance and Popularity of Independent Floors in Gurgaon Today
Buyers who are currently on the hunt do not look for ordinary high-rise flats with amenities anymore. Rather, what they are interested in are houses with extra space and enhanced quality of living. There are some key reasons why DLF independent floors have become so popular recently.
More Privacy
Less units in a building mean increased level of privacy.
Large Size
Spacious floor plans and lots of natural lighting and ventilation.
Low Population Density
Not as dense as high-rises.
Privacy Plus Community Feel
Feeling like you live in a detached house while being part of the gated community.
High-End Lifestyle Appeal
Good for families as well as high-net-worth individuals.
Due to the listed above advantages, these projects are highly in-demand on the part of both consumers and investors, particularly those in Gurgaon well-established neighborhoods.
DLF’s Strategy of Developing Independent Floors
DLF recognizes consumer trends in this niche and is adding more independent floors projects in desirable areas to the list of its projects. According to the developer’s strategy, the target audience includes high-end customers who seek luxurious and conveniently located independent flats in well-planned gated communities. Unlike regular floors developed by builders, the DLF project is always part of the larger complex in which all the necessary infrastructure is carefully created.
One of the unique features of DLF independent floor projects is the fact that they provide residents with a rare opportunity to live alone while being a part of the community.
DLF’s Main Independent Floor Projects in Gurgaon
DLF The Grove-DLF Phase 5
This is one of the most prominent projects of DLF The Grove that involves the development of DLF independent flats. It is located in Phase 5 of Gurgaon that is considered one of the most prestigious residential areas in the whole city.
In addition to excellent accessibility and proximity to major business hubs, DLF The Grove is also located near such institutions as Golf Course Road, top-rated schools and clinics, and business centers. This is why the location attracts numerous families looking for a balance between luxury living and family convenience.
Sector 73: DLF Alameda Floors
Another interesting project that involves low-rise constructions is DLF Alameda Floors in Sector 73. These projects are part of the township project in an area situated along Southern Peripheral Road (SPR).
The infrastructure of the place is rapidly developing. As the result, the region is gaining popularity as one of the leading residential corridors, which provides good potential for long-term investing.
New Gurgaon: DLF Garden City Floors
Moreover, DLF is engaged in developing separate floors as a part of its DLF Garden City project in New Gurgaon. These projects are specifically targeted at those who are interested in purchasing luxury independent flats that would be slightly cheaper compared to the rest in terms of pricing.
As these neighborhoods have all the necessary infrastructural development and are equipped with wide roads, green spaces, and planned amenities, they are considered highly attractive places for living. Also, as opposed to Gurgaon proper, they are not so busy.
Why is Gurgaon the Best Place to Develop Independent Floors
Despite many other competitive regions in NCR, Gurgaon remains the leader in luxury property development. This town combines well-developed transportation network and infrastructure, as well as favorable environment and conditions for high-end residential property development.
There are some important reasons why one should consider developing independent floor projects in Gurgaon.
- Well-developed transportation infrastructure, such as NH-48, Dwarka Motorway, and Southern Peripheral Road (SPR).
- Located near business hubs like Cyber City, Udyog Vihar, etc.
- Proximity to the commercial district with hospitals, international schools, and many other institutions.
- Infrastructure development is constantly ongoing in any sector.
Due to these benefits, Gurgaon can be regarded as an ideal destination for developing luxury low-rise floors.
The Investment Potential of Independent Floors
Independent floors in luxury neighborhoods are becoming more and more popular among those who prefer to invest in real estate assets. In contrast to standard apartments that can be purchased in thousands, independent flats can boast limited quantity that positively impacts their resale potential. Some other advantages include:
- Long-term growth in luxury neighborhoods.
- Limited inventory means increased value of the property.
- Increased number of end consumers who seek more privacy.
- Excellent rental potential among senior professionals and expats.
Therefore, the project offers a good opportunity for investors who are going to diversify their real estate portfolio.
Advice to Prospective Purchasers
The project looks promising, however, the following factors should be taken into account prior to making the decision.
- Maturity of location.
- Creditworthiness of the developer.
- Careful planning of the project.
- Resolving legal issues.
- Future expansion potential in the region.
Being well-informed enables a buyer to achieve maximum results.
Conclusion
Changes in consumer preferences towards spacious, low-density properties have had a noticeable impact on the luxury property market of Gurgaon. In this situation, DLF is positioned quite favorably because it has all the needed experience and resources to benefit from this trend. Due to their unique characteristics, independent floor projects will continue to dominate Gurgaon’s luxury housing market.