The New Commercial Hub of India: Gurgaon

Gurgaon, the city of Guru Dronacharya, is emerging as a new commercial hub of India. It is located towards south west of Delhi and houses major multinationals like GE, American Express, and Convergys etc. As it is minutes away from Delhi, it is becoming centre of attraction for investors due to high prices and stagnation in Delhi. Major companies like Coke, Pepsi, and General Motors etc have their Head Quarters situated in Gurgaon. It has become home to thousands of professionals looking for quality lifestyle without compromising on money. With sky rocketing prices in Delhi, Gurgaon has emerged as best location for investors and builders alike. The city is well connected with capital and is just ten minutes away from Indira Gandhi International Airport. It has become hub of diplomatic and commercial complexes.

In recent times, Gurgaon has seen rapid rise in commercial as well as residential constructions in the region. It has become one of the favourite destinations for investment. Many multinationals and foreigners are investing in city due to its infrastructure and rapid development. Gurgaon’s road and rail system acts as a backbone of all the development it is gathering. Due to its well connectivity and readily availability of basic amenities, organizations are taking keen interest in the city and it is emerging as the new commercial hub of India.

Major real estate developers having decades of experience are coming up with new commercial projects in Gurgaon due to its rapid growth rate. Developers like KST Group are coming up with a futuristic project Urban Universe spanning over 100 acres and at most prime location in Gurgaon. Apart from above, companies like DLF, bestech etc are also coming up with commercial projects and building their own IT parks, shopping complexes, malls etc. The new projects are being developed using modern architecture and are well planned and organised. Special care is being taken so as environment is not disturbed while developing these projects.

Gurgaon is emerging as biggest investor driven real estate market is rapidly catching up with prime locations of capital. The region is giving as much returns on investment as in Delhi. Property prices in some of the regions in Gurgaon are close to those in few south Delhi localities. Because of lack of infrastructure in capital, developers in Gurgaon are huge competition for Delhi in terms of prices. Due to its organised development and low prices, one prefers investing in Gurgaon instead of Delhi. Moreover, there is hardly any spaces left in capital for real estate development, this fact has led to developments on periphery stretching boundaries of capital even further.

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