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About Properties In Sector 3, Gurgaon for Sale
Overview of Sector 3
- Sector 3 is a rapidly developing locality situated in the central part of Gurgaon (Gurugram), Haryana.
- Sector 3 is a bustling residential cum commercial locality in Old Gurgaon.
- The locality’s central location makes it a sought-after area for property investment.
- Smooth connectivity, proximity to commercial hubs, competitive rentals, a serene environment and fast-growing infrastructure make it a desirable destination to live in.
- Sector 3 offers housing properties in an affordable to mid-segment price range.
- Due to its vast range of housing options across diverse budget ranges, this locality has become increasingly attractive in the real estate market.
- Sector 3 is surrounded by localities such as Ratan Vihar, Sector 105, Ashok Vihar, Block J, Sarai Allwardi, Nihali Colony, New Palm Vihar Phase 1, and Dharam Colony, among others.
- The PIN Code of Sector 3, Gurgaon is 122006.
Sector 3 Residential Market Insights
- The average property price in Sector 3 ranges from ₹9,000 to ₹15,000 per sq. ft.
- The average price of a 1 BHK in Sector 3 is around ₹30 lakh to ₹80 lakh.
- The average price of a 2 BHK in Sector 3 is around ₹51 lakh to ₹1.5 crore.
- The average price of a 3 BHK in Sector 3 is around ₹1.8 crore to ₹2.3 crore.
- The average monthly rental rates in Sector 3 range from ₹20,000 to ₹50,000.
- The average price of land in Sector 3 ranges from ₹40 lakh to ₹1.2 crore or more.
- Sector 3 mainly offers affordable to mid-segment residential properties.
- The prices of properties may vary based on certain factors such as apartment configuration, exact carpet area, location, scenic advantages, etc.
- Both under-construction and ready-to-move flats are available in this locality.
- A number of reputed builders and developers have a presence in Sector 3.
Connectivity and Transport In Sector 3
- The MG Road Metro Station, Iffco Chowk Metro Station and Cyber City Metro Station are located within 20 minutes from the locality.
- The Dwarka Expressway is located parallel to Sector 3. This highway serves as a major source of connectivity.
- Gurgaon Railway Station and Palam Vihar Railway Station offer railway connectivity from the locality.
- The Indira Gandhi International Airport is a short drive away through the Dwarka Expressway.
- Other arterial roads that provide an excellent road network are Rezand La Marg, Carterpuri Road, Old Railway Road, Old Delhi - Gurgaon Road, Chauma Road, Dhawanpur Road, etc.
- The locality, being centrally located, is well connected to the city centres of Gurgaon, Delhi and Noida.
- Public transportation options such as local buses, autos and taxis are readily available, allowing convenient travel.
Social Infrastructure In Sector 3
- Sector 3 is a developing locality which has sufficient infrastructure facilities for its citizens.
- Some well-equipped hospitals in the area are Sanjeevani Hospital, Lotus Hospital, Chirag Multi-Speciality Hospital, Sheetla Multispeciality Hospital, Shivaay Hospital, Sneh Hospital, etc.
- IPS High School, St. Xavier’s High School, Rajiv Gandhi High School, and Gyan Deep Sr. Secondary School are some quality education centres in the vicinity.
- Reputed colleges and universities close to the locality include Deen Dayal Rustogi College of Education, The NorthCap University, Fairfield Institute of Management and Technology, DPG Institute of Technology & Management, etc.
- The Phool Singh Kataria Market and Sarojini Market are popular local shopping destinations.
- Along with that, there are several supermarkets in the area. Garg Superstore, Todayz BAzaar, Shop Anytime 24*7, City Mart, and Family Super Mart are some of them.
- Global Flyover Mall and Star Mall are luxurious shopping and leisure centres nearby.
Employment Opportunities In Sector 3
- Sector 3 is smoothly connected to the city centres such as Noida, Gurgaon and Delhi. So, the commercial spaces located in the cities are accessible from here.
- Moreover, the locality’s central location allows seamless connectivity with major employment hubs within the city.
- Cyber City, Udyog Vihar, HUDA City Centre, Stellar IT Park, and DLF IT SEZ are some prominent business areas situated at a reachable distance from Sector 3.
- The presence of these commercial areas provides a vast range of employment opportunities, thereby increasing the demand for properties in the locality.
Lifestyle In Sector 3
- The lifestyle in Sector 3 is peaceful, mixed with the conveniences and bustle of a cosmopolitan city.
- The locality consists of a proper blend of residential and commercial complexes that shape the economy and the skyline of Sector 3.
- Moreover, the locality is close to several popular tourist destinations.
- Qutub Minar, India Gate, Jahaj Mahal, Rajon Ki Baoli, Lotus Temple, Dandi March Statue, Deer Park Lake, and Mehrauli Archaeological Park are located within an hour’s distance from the locality.
- There is a wide range of restaurants and cafes in the area. Uphaar Restaurant, Choolah The Indian Grill, Shree Shyam Dosa Wala, Shree Mohan Restaurant, Curry Garden Restaurant, and Sasuraal Restaurant are some of them.
Safety and Security In Sector 3
- Sector 3 is considered a safe and secure locality in the city of Gurgaon.
- Frequent police patrolling is practised here to ensure maximum safety.
- New residential and commercial complexes are equipped with security devices such as intercoms and CCTV cameras.
- There is proper street lighting, especially on busy roads, to avoid accidents at ni
Development and Future Prospects In Sector 3
- Planned metro extensions are said to have halts near the locality, which will allow seamless connectivity to and from Sector 3.
- Upcoming expansions of highways and flyovers will improve the overall road network around the city.
- New startup setups and emerging commercial projects will increase job options, thereby making the locality an attractive investment destination in Gurgaon.
Culture and Community in Sector 3
- Sector 3 is a culturally diverse locality where people from different social backgrounds have settled together.
- The locality also preserves its cultural and historical significance. The presence of several historical monuments close to the locality is a representation of that.
- There are some temples and spiritual hubs around the area that signify its spiritual diversity.
- The Sheetala Mata temple is a major attraction and a prominent spiritual centre.
- The food culture is also diverse here. There are several premium restaurants and local eateries.
- The nightlife and street food culture of this locality is vibrant.
Environmental factors in Sector 3
- Sector 3 is known to preserve its peaceful environment, maintaining a perfect balance of urbanisation and serenity.
- There is an abundance of green parks, open spaces and gardens around the area.
- Palam Vihar, Ujju Park, Tikona Park, Shri Ram Park, Ansal Park, Subhash Chandra Bose Park, and Arjuna Park are some recreational gardens around the locality.
Flat Configuration in Sector 3
- Sector 3 offers a range of 1 BHK, 2 BHK and 3 BHK residential properties.
- These properties are available in both under construction and ready-to-move conditions.
- 3 BHK properties are in great demand in Sector 3.
- Sector 3 mainly has affordable to mid-segment housing properties.
- Apart from that, other properties like independent floor apartments, villas, and land plots are also available here.
Property Price Growth in Sector 3
- Sector 3 has witnessed a consistent property price growth of almost 21% in the last 3 years.
- Sector 3 has seen a YOY rental yield of around 3%.
- Due to rapid development and robust urbanisation, Sector 3 is expected to experience consistent property price growth in the coming years.
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