Gurgaon: a promising real estate

The recent realty market surveys are claiming Gurgaon realty as the most promising market of the northern India. The property growth has been enormous in the city with a reported increase of 10% every year or may be more depending on the location.

The city is close to the capital with a well developed connectivity through expressway and metros. The commutation time between the city and the capital is lessened greatly with the onset of metro trains.

The property rates in the city are increasing at a very rapid pace. In fact there is an increase in the rate every month. The property rates are highest amongst all the NCR cities including Noida, Ghaziabad and Faridabad. The Gurgaon real estate has shown a remarkable appreciation as compared to the other NCR cities thus drawing a large number of investors too.

The property rates are still rising with no signs of stopping. Even during the Global recession the real estate Gurgaon remained stable with no fall of property prices. The property market is therefore considered to be a very promising market and is the most lucrative option of investment right now. The properties in some of the locations have shown a growth of 10-12 times the initial cost price.

Investors are thronging the market to buy residential and commercial properties in the city. The development of the city is further expected to increase the rates of the property. The population of Gurgaon is nearly 2 million emphasizing the requirement of the commercial and residential properties in the city.

There are many affordable options of housing coming up in the city. Most of the affordable properties are coming up in far off sectors of Gurgaon such as sector 80, 81, 82, 90, 91, 92, etc. The properties launched in these sectors are a bit cheaper and a lucrative option of investment too. Many investors have purchased properties in the region.

The realty market in Gurgaon is supposed to be the most profitable market where investment is giving assured and high returns. The commercial as well as residential properties are equally profitable propositions of investment in Gurgaon.