Luxury MRG Crown 2.0 Redefines Elite Residency on Dwarka Expressway
The Booming Luxury Property Market in Gurugram:
The city of Gurugram is witnessing a major surge in the luxury real estate market, with the city's skyline transforming at a rapid pace. A prime example is the meteoric rise of properties on the Dwarka Expressway, a corridor renowned for its upscale residential developments.
The strong demand for luxury homes in Gurugram was evident last year, with sales soaring 66% to nearly Rs. 1.07 Lakh Crore, as per PropEquity. This marked a significant increase from the Rs. 64,314 crore recorded during the 2023 calendar year. The city's growing affluence, improved infrastructure, and changing lifestyle preferences have made it a magnet for premium home buyers.
One of the standout projects in this space is MRG Crown Luxury 2.0, by the MRG Group, located in Sector 106 along the Dwarka Expressway. The project redefines luxury living with an investment of Rs. 500 crore, aiming to set a new benchmark for upscale residential design in Gurugram. With 468 elegantly crafted independent floor units and 117 plots, the development offers 3 BHK low-rise residences starting at 2.29 crore, catering to those seeking a high-end living experience without compromising privacy or convenience.
MRG Crown Luxury 2.0 features the 1.5-acre Leisure Island, a green retreat within the gated community, and a 22,000 sq. ft. clubhouse that caters to luxury indulgence. Additional amenities include EV charging stations, visitor parking, private terrace gardens, dedicated basement workspaces, and a range of sports and wellness facilities.
The architectural design of MRG Crown Luxury 2.0 is a masterpiece, created by renowned Padma Bhushan awardee Hafeez Contractor, and immersive landscape design by Juilee Deoskar. This collaboration brings together a distinctive and timeless appeal that blends form, function, and serenity, setting a new standard for upscale residential design in the city.
The project's strategic location along the Dwarka Expressway provides excellent connectivity to key transit hubs, such as IGI Airport, the Gurgaon Railway Station, and the proposed metro corridor. As a result, MRG Crown offers residents seamless accessibility to both Delhi and Gurugram, making it one of the most coveted premium addresses in the region.
As the Dwarka Expressway rapidly evolves into a prime luxury housing corridor, the MRG Group is establishing itself as a pacesetter in shaping its skyline. With over four decades of trust and innovation, the group continues to redefine modern urban living, offering future-ready spaces that seamlessly blend luxury with lifestyle.
"MRG Crown Luxury 2.0 represents our vision of creating future-ready spaces that combine luxury with lifestyle," says Rajjath Goel, Managing Director of MRG Group. "It signifies a bold step in our journey to deliver accessible, aspirational living, paving the way for a more design-forward, community-centric future."
Enrichment Data:- The luxury real estate market in Gurugram's growth is fueled by various factors, including infrastructure improvements, supportive government policies, high demand for luxury properties, investment from NRIs, and the perception of luxury real estate as a stable long-term investment.
- Infrastructure Development: Ongoing improvements in infrastructure, such as the expansion of the Dwarka Expressway, boost connectivity and accessibility, attracting luxury developments.
- Policy Stability and Support: Government policies that support real estate development contribute to investor confidence and stability, fostering investment in luxury properties.
- Demand for Luxury Properties: The scarcity of premium properties in prime locations like Gurugram leads to high demand for luxury real estate, pushing prices upwards. This demand is particularly strong in cities like Gurugram, where luxury and premium segments are popular among high-net-worth individuals.
- NRI Investments: Non-Resident Indians (NRIs) are increasingly investing in Indian real estate, with an increasing share in luxury property purchases. This trend is driven by emotional ties to home, rising property values, and the desire for stable assets.
- Economic Confidence and Wealth Preservation: Luxury real estate is perceived as a stable long-term investment providing a means to preserve wealth. This viewpoint is driving interest from both domestic and international investors.
- The luxury real estate market's growth in Gurugram is also fueled by investment from Non-Resident Indians (NRIs), with an increasing share in luxury property purchases, driven by emotional ties to their home, rising property values, and the desire for a stable long-term investment.
- Government policies that support real estate development contribute to investor confidence and stability, fostering investment in luxury properties, thus making Gurugram a magnet for premium home buyers.
- With the strategic location of MRG Crown Luxury 2.0 along the Dwarka Expressway, its residents have seamless accessibility to key transit hubs like IGI Airport, Gurgaon Railway Station, and the proposed metro corridor, making it a coveted premium address.
- As the demand for luxury homes soars, innovation in real-estate design is essential, with projects like MRG Crown Luxury 2.0 redefining luxury living and setting new benchmarks for upscale residential design, catering to those seeking a high-end experience without compromising on privacy or convenience.