A Few Factors Contributing to the Steady Real Estate Growth in Gurgaon

Posted by Aakriti Shankdhar
6
Sep 20, 2016
303 Views

Gurgaon, the millennium city of India, is all set to see a sharp rise in the property sector in the coming few years. Gurgaon is situated at the Southern point of Delhi and is one of the most convenient places to live at. Gurgaon is superbly connected to Delhi and Noida with this superb fast metro line extension which is proposed to get over soon. Gurgaon is a well-planned and a well-made city with a lot of financial support coming from Haryana as well as state government to develop it further. There is a proposed KMP expressway which will work out as the fastest corridor for transport.

 

Apart from this, Delhi has become saturated due to its over population and hence the suburbs like Gurgaon are getting developed faster to allow new settlement to find ample space to work and live. Moreover, Delhi being the capital attracts a lot of developmental funds from the central government and is developing at a very fast pace. Gurgaon and Noida are also emerging as the new hot spots for corporates and for professionals. All good fortune companies are setting up their bases in Gurgaon and hence a lot of professionals are coming and settling down here in search of good career opportunities.

 

Hot destinations in Gurgaon

 

Property in Gurgaon is seeing a clear upsurge due to the growing population and better living standards expected by the people. The property prices are hiking faster. New property sites like Dwarka Express way, Sohna road, Golf Course extension, SPR, FNG Expressway, KMP expressway are a few to mention. These property destinations are registering an entry of all small and big giant builders in and around. The giant real estate builders include The Vatika Group, TATA’s, Raheja’s, ILD Group, BPTP, Godrej, Central Park etc. The realty sector is growing very fast and looking at the current demands the property prices are expected to rise further.

 

The Real estate in Gurgaon is at its peak right now and property investors, the speculators and the analysts are taking a lot of interest in the property market here. Gurgaon is also inviting a lot of investment from the non-residents of India. The property investments done here are fetching good returns already and the returns will rise further looking at the current demand and supply curve. The new infrastructural development is also coming up very fast. There are plenty of flyovers and freight corridors being developed to support the fast transport. There is also a proposed metro line extension which will ensure travelling to Delhi and Noida in no time.

 

The real estate properties here are coming up in all budgets with all kinds of facilities. The residential configurations of 1, 2, 3, 4 and 5 BHK are readily available. Apart from this, penthouses, independent bungalows, mansions, plots, apartments/flats etc. are available depending on the buyer’s needs. The property dealings are extremely fair and transparent. 

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Amos Stallone
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