Soon to buy property in Gurgaon? Know more about the favourable factors!

Posted by Nitin Kumar
3
Oct 5, 2019
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Often being hailed as the Millennium City in recent times, Gurgaon is located adjacent to the Capital of India, as part of the National Capital Region (NCR). From a small little village engaged in agriculture, it has undergone a huge transformation into a mega hub for commerce and industry. The per capita income now is at high levels in Gurgaon while it has top-notch physical and social infrastructure along with smooth connectivity as well. 

There are several global developers who are now foraying into real estate in Gurgaon along with biggies from the domestic market. Prices of real estate have shot up in the last few years and the real estate boom has covered both commercial and residential projects. This can be attributed to the following aspects: 

  • Highly strategic location- Gurgaon covers 723 sq. km and is well planned, lying near the Indira Gandhi International Airport which scales up its overall appeal by way of connectivity and overall access. Several clients from other major Indian cities can easily fly down to Gurgaon owing to its strategic location. Gurgaon is also a coveted residential zone since many homebuyers commute to work nearby. Areas like South Delhi, Dwarka and Faridabad can be accessed smoothly from Gurgaon as well. 

  • Employment Prospects- Multiple top brands are present in Gurgaon and have corporate offices here. There are innumerable IT and ITeS majors along with leading start-ups, ecommerce companies, Fortune 500 companies and a lot more. Being a major corporate hub, Gurgaon offers sizable employment prospects across both domestic and global organizations including MNCs. 

  • Great Connectivity- Gurgaon is located near the National Capital, Delhi, and also has great connectivity with its metro network linking to the Capital. The Rapid Metro is another major connectivity lifeline. The Airport is located nearby which helps global companies entertain clients with aplomb. Gurgaon has a great network of roads and expressways which enable excellent road connectivity to and from Delhi. 

  • Top projects- With growing buyer interest in Gurgaon, leading real estate developers such as Tata Housing, DLF, Godrej Properties and Raheja Developers have launched prime residential projects here. Gurgaon is attracting reputed and trusted real estate players who are coming up with prime projects in this city. With many buyers shifting to Gurgaon from Delhi, demand has always been steady for property in the Millennium City. 

  • Classy Amenities- Development is transforming most sectors of Gurgaon with demarcated zones for business and corporate hubs and the presence of new hospitals, educational institutions, retail hubs and markets, shopping complexes and a lot more. Several posh and prime sectors are coming up in Gurgaon and several other SEZs, shopping areas, health centres, community centres, luxury residential projects, 5-star hotels and entertainment hubs are being developed as well. 

The property in Gurgaon is bustling with innumerable new projects including the Special Economic Zone from Reliance and more such options. Gurgaon is thus an enticing option for people who are looking to build their dream home in a thriving city of the future or are looking to get attractive future returns on their real estate investments.


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