New Delhi: The property prices in NCR’s new housing markets, which are known as micro markets have nearly doubled in last few years. The new trend of having new options available in the local market has become an eye catching opportunity for the buyer who cannot enter the prime market.

These small markets are challenging the slowdown in the market and are moving forward.  The areas near the Gurgaon’s Golf course, extension and Dwarka Expressway seen a huge property hikes.

In the Golf course Extension periphery, the prices are around Rs 8,000-13,000 per sq ft while these figures were Rs 6,000-9,000 two years ago. The realty firm has seen a hike in rates in Dwarka Expressway where there are high demands for property.

In the southern parts of Gurgaon the prices were Rs 4,500-5,500 per sq ft  a year back compared to todays price ranging from Rs 6,000-7,000 in the area.

Gurgaon has converted from an investor-driven market to being an end-user driven market. On the other hand, the Southern part essentially remains a hotbed as the current price the area has the highest amount of affordable housing units. The new proposed widening of Golf Course Road , construction of the underpass and the proposed expressway will improve connectivity significantly which will boost sales of these low lying periphery.