JMS The Majestic Floors in Gurgaon is an under-construction apartment project by JMS Group, offering 3 BHK units with a price range of ₹2.01 Cr to ₹2.11 Cr, and is expected to be ready for possession by June 2028.
Gurugram, Sector 1B
Frequently Asked Questions
Is Sector 1B a good place to invest in real estate?
Absolutely. Sector 1B in Gurugram has been witnessing rapid infrastructure upgrades and rising property demand. Investors here benefit from strong price appreciation, high rental occupancy, and proximity to major commercial zones.
What are the extra costs when buying in Sector 1B?
When buying in Sector 1B, budget for stamp duty (5–7%), registration fee (1%), GST (for under-construction), maintenance deposit, and car parking. Total costs typically exceed the base price by 15–20% — factor this into your overall budget.
Can I find affordable housing in Sector 1B?
While Sector 1B is predominantly a mid-to-premium market, there are competitively priced units in newly launched projects and resale inventory. Propmyna's verified brokers can help you find the best deal that fits your budget in Sector 1B.
Is the infrastructure in Sector 1B well-developed?
Sector 1B has mature infrastructure including wide roads, dedicated commercial zones, parks, schools, hospitals, and civic amenities. Ongoing and planned government projects are further enhancing the locality's urban infrastructure.
What is the resale market like in Sector 1B?
The resale market in Sector 1B is active with healthy demand from buyers seeking ready-to-move homes without GST. Good society condition, proximity to amenities, and RERA compliance are key factors driving resale prices upward in Sector 1B.
Can NRIs invest in property in Gurugram?
Yes, NRIs can freely invest in residential and commercial properties in Gurugram under FEMA guidelines. Gurugram is a popular choice for NRI investments due to its strong developer ecosystem, transparent RERA-registered projects, and high rental demand.
What is the average property price in Gurugram?
Property prices in Gurugram vary by micro-market. Affordable segments start around ₹35–55 lakh for a 2BHK, while premium areas can range from ₹1.5 Cr to ₹5 Cr+. Overall, Gurugram offers options across all budget ranges.
Which parts of Gurugram are developing the fastest?
The fastest-developing parts of Gurugram are typically those receiving fresh infrastructure investment — new roads, underpasses, metro extensions, and commercial developments. These areas often have lower current prices but high future potential.
Which developers offer ready-to-move projects in Gurugram?
Several reputed developers in Gurugram have delivered ready-to-move projects across budget segments. Buyers preferring immediate possession should look for RERA-certified completed projects with OC in hand.
Should I buy an under-construction or ready flat in Gurugram?
Under-construction flats in Gurugram are cheaper and offer higher appreciation potential but carry delivery risk. Ready-to-move flats offer immediate possession and avoid GST, but cost 10–20% more. Choose based on your timeline and risk appetite.
