Best Residential, Commercial Properties in Gurgaon
There is no proper yardstick to help you find the best property location in India. Yet, there remain few cities which offer more than you can imagine. One such city is Gurgaon. The city offers one of the best infrastructure and property options. Experts believe that there are a number of reasons why it has managed to score above other cities and one of the same is its high appreciation rates, in the real estate market. The presence of real estate majors as DLF, Parsvanath and Ansal thus make the properties sell like hot cakes.
What makes Gurgaon such an important city? Why are the property appreciation rates high? Well, over the last decade or so, Gurgaon has established itself as a city of growing commercial significance. It is close to the national capital, Delhi. Due to its prime location many big and small multinational companies have established a base in Gurgaon. Hence, in the era of this growing urbanization and commercialization, Gurgaon has positioned itself as a brand to reckon. The property segment in the city is in a state of boom and it will be the case for a long time to come.
Having mentioned the reason behind the presence of multinational entities in the region, it’s time we focused upon the residential properties as well. The silliest, yet reasonable factor behind the growing number of new residential properties in Gurgaon is the presence of the companies mentioned above. These companies need manpower and hence, justify the growing population and teeming new residential projects. However, there is more to it! Gurgaon is a planned city and offers tons of infrastructure and transport options to its people. The Metro connectivity has brought in a great change. All this and the influx of professionals from all corners of India, has thus increased the demand of residential properties in the city. Moreover, Gurgaon is not as polluted as other metropolitan cities. Real estate biggies as Unitech, DLF, Godrej, MGF EMAAR, Tata Housing and Shobha Developers have been constantly pouring in money into the real estate market of the city.
For those who believe that the real estate boom of Gurgaon will soon wither away, they are in for a shocker! The ongoing Gurgaon-Manesar plan (which would be completed by 2021) and the Gurgaon-Jaipur highway would further spur development in the area. Gurgaon is already home to world class facilities, bungalows, complexes and residential towers, but there is plenty to happen in the near future as well. All this would further urge people to invest into residential property projects and Gurgaon would almost become everyone’s dream destination.
Some of the notable projects which would add to the glory of Gurgaon, include the Millenium City Project (proposed by the Haryana Government) and the Reliance Special Economic Zone. Although the prices of property in Gurgaon are sky high, little research and understanding would help you strike a good deal. The investment might be a little high, but the returns would always be greater than what you wish for.
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Best Residential, Commercial Properties in Gurgaon
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