At present, Gurgaon has earned a distinct reputation as the high tech city of India. The city has become a haven of real estate developers due to rapid industrial development. The prices of both residential as well commercial properties in Gurgaon are rising steadily. Thus real estate enthusiasts can dig in huge profits by investing in Gurgaon real estate.
By the passage of time, Gurgaon has evolved into one of the most progressive cities of India. Today, if one rolls his eyes around, and he can trace development at its fullest everywhere. The city’s swanky shopping malls, broad roads or expressways, modern apartment complexes, landmark sky scrapers, wide urban parks speak loud about the socio-economic growth and development realized in the region. With the rapid industrial development, property or real estate market is surging strongly. Apart from substantial price rise of Gurgaon properties, the prices of lands or properties in villages around Gurgaon are also increasingly steadily. Earlier, the property market was quite unorganized as local property dealers used to cater to the property or housing needs of people. At present, Gurgaon real estate is peopled by more professional players of international repute which has made real estate industry more organized.
With the corporate boom in the city, the migrant population of working professionals and students is increasing in the city. Finding a comfortable living space becomes the utmost important priority of these city dwellers. With more and more people moving to Gurgaon, the demand of modern yet stylish residential spaces is rising in the city. New residential colonies, high rise apartments, flats, independent floors are getting constructed everywhere to meet this ever growing demand. From affordable house or budget homes to luxurious independent builder floors, different residential properties in Gurgaon are available at different prices ranges.
Other than Indian offices of many multinational companies, a string of management and technology institutes are located within or nearby Gurgaon. The young, dedicated, and professional workforce and students need better infrastructure facilities and comfortable work spaces. This has led to absorption of corporate spaces, need of more corporate parks, towers and office buildings. Modern real estate players are also cashing on this opportunity and are constructing commercial complexes too.
People are investing in both residential as well commercial properties in Gurgaon to dig in huge profits. Various industry experts and analysts have estimated that the prices of Gurgaon real estate will rise further in future. Thus, it is the right time for real estate investment in Gurgaon.
Showing posts with label real estate investment gurgaon. Show all posts
Showing posts with label real estate investment gurgaon. Show all posts
Wednesday, February 16, 2011
Tuesday, November 16, 2010
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.
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.
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