Gurugram’s Upcoming Heliport: A Catalyst for Higher Real Estate Investment Returns
From Roads to Runways Gurugram’s Upcoming Heliport is More Than a Landing Spot Rather, it is set to SkyRocket The City’s Real Estate Investments
The 'Millennium City,' Gurugram, is all set to exalt its stature with the introduction of a state-of-the-art heliport in Sector 84, adjacent to the Dwarka Expressway. The project, which is expected to span over 25 acres, is not merely an infrastructural enhancement but a strategic move to reshape the city's infrastructural landscape and amplify real estate investment returns.
The Heliport Blueprint: A Glimpse into the Future
On January 31st, Haryana Deputy Minister Dushyant Chautala, who holds a strong portfolio in the Civil Aviation Department, announced the establishment of a Heliport in Gurugram. Envisioned as India's premier integrated heli-hub, the heliport is designed to cater to aviation authorities, VIP transit, and the general populace.
The Deputy Chief Minister further highlighted the project's significance, stating that the heliport would provide helicopter services to the people of Haryana and the NCR.
The key features include:
- A modern passenger terminal accommodating up to 100 passengers, ensuring comfort and efficiency.
- Comprehensive facilities would include dedicated helicopter parking, maintenance blocks, refueling stations, and hangars capable of housing various helicopter sizes.
- A 300-meter runway and six landing spots, with 24/7 operations equipped with daytime and nighttime aviation needs.
Catalyzing Gurgaon Real Estate: The Heliport's Ripple Effect
The introduction of the heliport is anticipated to be a game-changer for Gurugram's real estate investment returns.
1. The heliport will offer direct aerial routes to prominent northern cities, including Jaipur, Agra, and Varanasi, under the Regional Connectivity Scheme (RCS). This augmentation positions Gurugram as a pivotal nexus for travel, making it an attractive destination for real estate investment returns.
2. Improved accessibility is a magnet for businesses, leading to a booming real estate investment opportunities in the city. Corporations, especially those with frequent inter-city engagements, will find Gurugram's enhanced connectivity appealing, leading to a surge in demand for office spaces, co-working hubs, and business centers.
3. As businesses flock to the city, the influx of professionals will drive the need for quality housing. Developers are likely to capitalize on this demand by launching luxury residential projects in gurgaon equipped with modern amenities to cater to discerning buyers.
4. The heliport's establishment will necessitate auxiliary infrastructure enhancements like better roads, public transport, and civic amenities which will further heighten the property values in the vicinity.
5. The swift aerial connectivity will increase the demand for commercial spaces, increasing business travel and boosting the hospitality sector. This will further enhance the demand for real estate ventures like hotels, resorts, and entertainment venues.
Expert’s Corner
Real estate experts propose the forthcoming heliport as a unique investment horizon. Real Estate returns experienced substantial growth in 2024 in Gurgaon, with property prices rising to 13% as compared to the previous year. Some major predictions include:
1. Investing in properties within a 5-10 km radius of the heliport could yield substantial appreciation. The anticipated infrastructural uplift in these zones will make them the prime real estate market in India.
2. Entrepreneurs should consider establishing businesses that cater to the anticipated influx of business travelers, think upscale restaurants, retail outlets, and service apartments.
3. While the heliport promises immediate enhancements, the real estate rate of return operates on cyclical trends. Investors should adopt a long-term perspective, focusing on sustainable growth over speculative gains.
Conclusion: Gurugram Soaring to New Heights
Gurugram's upcoming heliport is more than a transportation hub; it's a catalyst propelling the city into a new era of growth and prosperity in terms of good investment options and infrastructure. For real estate investors, this development offers a golden opportunity to be part of a transformative journey, promising not just lucrative real estate investment returns but also a stake in shaping the future skyline of a burgeoning metropolis.
