Real Estate Scenario in Gurgaon
About Gurgaon & Location:
Gurgaon - the sought after destination for investors, accommodators, corporate houses etc. Gurgaon has an average elevation of 220 metres (721 ft) and also easy accessibility to, the capital city, Delhi. The overall location of the district has benefitted the property investors to ensure assured returns for every investment. The present scenario of the real estate sector also indicates an increase of minimum 10% to 15% in the rates of the residential, commercial, agricultural, industrial, etc. properties. Moreover, the per capita income in Gurgaon, i.e. 122,212 INR, makes the district the 3rd highest in the country after Mumbai and Chandigarh.
Facilities & Amenities Available:
The rates of the property are also increasing day-by-day due to the availability of all the basis facilities and amenities. These facilities and amenities help the investors to get assured of a lucrative deal for every investment. The properties and spaces at prime locations are also available for lease. Highly advanced transportation modes proximate to the domestic and international airports have also made the district accessible quite easy. On the other hand, structures with world-class amenities like ample car-parking, broadband internet, 24x7 power backup, water supply and security services have also made the Gurgaon district an ideal address for the property investors.
Real Estate Development in Gurgaon:
The development is a very fast paced action in the Gurgaon district. On the construction fronts, the district estimates for the building-up of around 12000 luxury residential units in very short span, say a year. The major players in the district i.e. Ansal, Central Park, DLF, Emmar MGF, Essel, Jaipuria, Luxury, Orchid, Parsvnath, Raheja, Sahara, Sun City, Unitech, JMD, Valka and Vipul etc. have also helped in the development of real estate sector in Gurgaon. Moreover, their projects also ensure of construction in the area of 500 billion square feet for both the commercial and residential purposes.
Real Estate Investment in Gurgaon:
The umpteen number of mega projects of the major players of the district have made Gurgaon the ideal destination for investment in the real estate sector. The consistent growth and development also ensures assured return for the investment made, either big or small. The upcoming of corporate and commercial sectors has also resulted in the hike in the property rentals and rates. The major corporate houses have also invested and established malls and complexes of DLF, Unitech, Vipul, Eros, JMD, Raheja, etc. Alike them, well-reputed names like Samsung, IBM, Nestle, American Express, Citi Bank, American Bank, LG, GE, Perfetti, Pepsi, Coke, Flexotronics, Honda, Maruti, Xerox, etc. have also occupied spaces in developed & developing localities of the Gurgaon District. In addition to the above, the Gurgaon is the most sought-after destination for properties like residential properties, commercial properties, industrial properties, shop spaces, office spaces, corporate offices, villas, house plots, farm lands, condominiums, hotels, builder floors, rented properties, resorts, apartments, luxury flats, economy flats and the likes.