Buying a plot in Gurgaon can be a great opportunity for people who want the freedom, flexibility, and control that building on one’s own land will give them (subject to permissions). Which area should one look in? How much does a plot in Gurgaon cost? What should one check before buying one? Let’s begin.

Gurgaon, officially Gurugram, has seen rapid growth in residential and commercial property prices due to its proximity to Dwarka Expressway, Golf Course Extension Road, Sohna Road, and other developing belts of residential localities.

However, it is important that while looking for plots in Gurgaon, buyers consider other factors such as ownership, usage, approvals, road access, and construction permissions as well before comparing the rates.

If you are looking to buy a plot in Gurgaon, here are some facts you must consider:

Why Are Plots a Good Option?

The freedom and flexibility that the owner of a plot has in deciding the design, size, layout, and other aspects of the house that he/she intends to build is, without doubt, the biggest advantage of buying a plot.

People who intend to build a bigger house than what is available in a ready home (e.g., a 5 BHK or bigger instead of a 3 BHK with a larger parking area, more space for a home office, etc.) or maybe a double-storeyed house may want to look into buying a plot instead of a ready home.

Plots also have the advantage that if one is looking to buy land with the idea of building a house several years from now, it may be possible.

However, it is important to note that land is not always an appreciating asset. The value of the land will depend on its location, demand, supply, approvals, and other factors mentioned in this article.

Which Areas to Look Into?

Gurgaon has a number of areas with varying price ranges.

New Gurgaon consists of a number of developing residential areas and is well-connected to other areas of Gurgaon. It is, therefore, an area that many buyers considering plots in Gurgaon look into.

However, while comparing rates between sectors, note that New Gurgaon is not a single sector and can vary significantly in terms of road width, distance from other localities, and other amenities such as public transport, schools, and more.

Sohna Road and Sohna

While the Sohna corridor has seen a lot of residential and infrastructure development, buyers considering plots in Gurgaon must also note that the term ‘Sohna Road’ is used rather liberally. A plot advertised as being in Sohna Road can be significantly different from another such plot.

Buyers must be aware of the exact location of the plot, including the road it faces, the access road, and the applicable authority.

Dwarka Expressway

Being a major road connecting Gurgaon to Delhi and the airport-side of the National Capital Region (NCR), it has seen a large amount of residential development along its belt. However, while many buyers looking for plots in Gurgaon may consider buying a plot near the Dwarka Expressway, being near the expressway does not automatically make the plot a good buy.

Golf Course Extension Road and Surrounding Localities

Golf Course Extension Road is a major commercial and residential corridor of Gurgaon. The localities that have developed around it have attracted a large number of buyers. However, plots in and around this belt tend to vary significantly in price depending on the exact location.

A plot advertised as being in this belt may be in a completely different area and may have different rules applicable to it. Comparing the rates based on the square yard/meter price advertised by the seller may not be sufficient for a buyer to compare his/her options.

What All Should You Check Before Buying a Plot?

The most crucial part for a buyer considering plots in Gurgaon is to ensure that everything is in order for the plot. Often, what looks great on a site visit can turn out to be a problem if the documents are not in order.

Who Owns It?

The first thing that a potential buyer has to confirm is who actually owns the land.
>Request the applicable documents and transaction records from the seller and, in the case of a resale, verify the chain of ownership. 
>While the sellers may claim to have all the papers in order, it is advisable that you get the documents independently verified by a professional property lawyer.

What Can You Use It For?

A plot of land cannot be used for any construction unless certain conditions are fulfilled by the owner and approved by the appropriate authority. One of the most important conditions is the use to which the land can be put: residential, commercial, agricultural, etc. This will determine what kind of construction, if any, can be done on the plot.

What Authority Applies to the Plot?

Gurgaon has a number of development authorities that determine the rules applicable to different kinds of plots. Therefore, the authority to which the plot falls under will affect the rules applicable to the plot.
Make sure that you understand the applicable authority and verify the necessary records with the appropriate governing body.

What Rules Apply to the Plot?

The rules applicable to the plot, such as plot coverage, setbacks, permissible floors, floor area, etc., are some of the most important aspects of buying a plot in Gurgaon. Many buyers do not consider this until the last moment.