How many SCO Plots in New Gurgaon

Apr 12, 2023

How many SCO Plots in New Gurgaon?

New Gurgaon, in the state of Haryana, is a rapidly developing region with state-of-the-art infrastructure and amenities, making it a desirable location for residential and commercial purposes. Establishing SCO plots in New Gurgaon has been important, providing unique investment opportunities for small and large businesses. It has led to a growing interest from investors and buyers nationwide.

According to a report by an industry body, Gurgaon has received the highest investment in live projects compared to other cities. In the last fiscal year, it garnered around 70% of the total investment in this sector. Additionally, a study has shown a vast area of land, about 71.6 acres, dedicated to SCO in Gurugram. The real estate market in Gurugram is expected to expand by 30 to 40 per cent annually, providing an amazing opportunity for real estate investors to invest in the city.

Overview of SCO plots in New Gurgaon – growth 

New Gurgaon, comprising sectors 102 to 113, and sectors 76 to 95 and 95A, provides ample opportunity for investors in SCO plots. These plots are available in different sizes to cater to the needs and budgets of various investors. Investing in New Gurgaon SCO plots has a significant advantage, especially the location. The region has excellent connectivity to major business and commercial centres, along with reputed educational institutions, hospitals, and shopping centres nearby. 

It makes SCO plots (in Gurgaon) a perfect investment choice for business owners, entrepreneurs, and people looking to settle permanently in the area. The government has also initiated efforts to improve the region's infrastructure, which will facilitate further progress in the upcoming times (for SCO plots). The ongoing construction of various projects such as metro connectivity, road expansion, advanced water distribution services, sewage treatment facilities, and more is a part of these initiatives.

SCO plots in New Gurgaon 

Currently, many areas in Gurugram are being developed into Shop-cum-Offices (SCOs). Various sectors near Dwarka Expressway in New Gurgaon offer promising opportunities for SCOs. The recent news about the opening of the Gurugram section of the Dwarka Expressway has piqued the interest of real estate developers and investors. The trend of SCOs has been proven to be a profitable investment for realtors, especially during the global pandemic when sales in the residential and commercial sectors were declining.

Gurugram has emerged as a prominent centre for SCOs in the NCR region. The city has seen a significant amount of land allocated for SCO development. For example, consider the region near Golf Course Extension Road and Dwarka Expressway, two high-end neighbourhoods in Gurugram. Furthermore, these SCO projects have attracted a considerable increase in sales due to a favourable corporate environment and flexibility for real estate investors (in building plans and customizations).

Number of SCO Plots in New Gurgaon 

It can be challenging to ascertain the precise number of SCO plots available in New Gurgaon, given that it varies depending on current projects and investors' preferences. Nonetheless, recent reports indicate numerous SCO plots up for grabs in the region. But some studies show that there is a total number of around 200 (or more) SCO plots in New Gurgaon. The cost of these plots varies depending on various factors like location, size, and infrastructure development (in that area). While some of the smaller SCO plots can be acquired at a reasonable price, the bigger SCO plots can be costly. Nevertheless, investing in a commercial or business venture generally provides a high return on investment.

SCO Plots in Dwarka Expressway, New Gurgaon 

Dwarka Expressway, located in Gurugram, has emerged as a prime location for investing in Shop-cum-Office (SCO) properties. This area offers multiple opportunities for commercial use, making it a lucrative option for developers and investors. Currently, several SCO plots are available for sale in the market (in this area), allowing investors to customize and build properties based on their unique preferences and requirements. Moreover, numerous well-built and designed buildings are distinguished by floors and levels. It can be designated for various commercial purposes such as retail, office space, market, etc. 

Investing in SCO plots in New Gurgaon

Investing in SCO plots in New Gurgaon is a profitable chance for individuals seeking long-term investment prospects. The dual nature of these plots, which can be utilized for retail and office spaces, is an attractive feature for investors in diverse industries. SCO plots offer a promising investment opportunity for entrepreneurs looking to expand an existing business or establish their own. The plots allow investors to design a business space tailored to their unique requirements and preferences. 

Additionally, their strategic location offers high foot traffic, making them an attractive spot for various businesses, including retail stores, cafes, and restaurants. Investing in an SCO plot in New Gurgaon offers a great advantage of high ROI. With the rapid commercial and residential growth in New Gurgaon, there is a growing demand for SCO plots, which is expected to continue. As a result, prices and rental rates are expected to increase, providing investors with a substantial return on their investment.

Conclusion 

New Gurgaon presents many investment opportunities for real estate investors, particularly in the form of SCO plots. The region's proximity to vital commercial and business centres and access to top-tier infrastructure benefit investors with numerous possibilities. Although it may be challenging to determine the exact number of available SCO plots in New Gurgaon, the region boasts a range of plots in various sizes and prices.

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