Why it is an ideal time to buy property in Gurgaon?

Glitzy malls, swanky skyscrapers, luxurious apartments, ultra-modern offices of several fortune 500 companies, currently Gurgaon is known for its complete range of exclusivity in the real estate sector. Decades back no one would have imagined that a city which is more known for its desolate and potholed stretch of road will emerge as a mark of rapid progress.

How did it happen? Who led this transformation? How much it benefited from being in the close proximity to Delhi. Moving from one level to another, the rate of progress has always been steady initially. But gradually realtors realized the importance of this land and with every project they pulled investors from across the globe.

For the first few years, it was individuals only who decided to get settled in the swanky apartments of Gurgaon, but suddenly it drew the attention of several while collar professionals to choose this happening Haryana city as their dwelling destination. And now this city is known for keeping maximum number of CEOs in the entire Delhi-NCR region. The city offers everything that youths and upmarket professionals aspire to get.

The melting pot of cultures, Gurgaon has emerged as a perfect destination for many fulfilling their personal and professional aspirations. On many occasions, it has become evident that Gurgaon’s affluence and cosmopolitan culture has become a matter of envy for many living in neighboring Delhi. Malls, hotels, golf courses with all its glitziness are adding the x-factor to this city. With all these attractions, a natural challenge falls on the local administration to provide world class amenities to sustain the global image.

There is no dearth of shiny, captivating housing projects in Gurgaon. There almost 1100 skyscrapers in Gurgaon. Despite this; affordable housing for middle class remains a big challenge here. A 1,000 square feet two-bedroom flat at an appropriate condominium in Gurgaon costs at least Rs. 1 crore.

Gurgaon needs 5-7 years of planned development and fresh projects for civil works with several thousand crores to make it suitable for every section of the society. Even if that happens, it seems now that Gurgaon will remains to be a city of high end consumers.

The presence of many top class global companies will keep on pulling niche investors here. In the recent past; even NRIs have shown tremendous interest in the realty sector of this city. If you are searching a flat for sale in Gurgaon, it is not a taxing task to find it. There are several agents who are always looking out for investors who are interested to buy properties in Gurgaon.

Comparatively there is a slump in the realty market and it is the right time to buy property in Gurgaon.