Real Estate in Gurgaon – By Ray White Gurgaon
Buy Now, Pay Less. Buy Tomorrow, Pay Triple The Price!
Gurgaon is the sixth largest city of Haryana and is the industrial and financial center of the state. Located about 30 kilometers south of Delhi and 10 kilometers from Dwarka, it is considered to be the best city in India to work and live. Though the area faces regular power cuts, some of the problem has been solved of by the presence of private developers, as most of these new apartments have 24-hour water and power backup.
Gurgaon is a great attraction in the real estate industry. In the National Capital Region of Delhi, Gurgaon property market is really vibrant with the active presence of a host of major players in the field. This is because of the growing significance of Gurgaon as a corporate hub. In the post liberalization era, in the backdrop of globalization, the major multinational corporations of the east and the west are opening their operations in India. Most of these corporations prefer to open their Delhi offices in Gurgaon. Gurgaon is the popular destination of multinationals coming to Gurgaon. The rapid infrastructural growth of Gurgaon has attracted several international companies to invest in big property deals in Gurgaon.
Gurgaon is the real estate destination with the active presence of real estate majors like TATA Housing, DLF, Unitech, IREO, Ramprastha, SS Group, BPTP, etc. With the completed and upcoming projects of these realtors, Gurgaon has acquired a sophisticated look. These companies are using international technology in construction and that aspect has added to the value addition of flats and apartments in the region. Therefore, investors are more confident in investing in these projects.
Gurgaon saw the max appreciation in capital value (80%) in the past one year despite not having gained much in the past quarter thereby suggesting that capital appreciation could be stabilizing here.
With several housing societies developing in Gurgaon, it has become a perfect dream home destination for many. The real estate agents in Gurgaon play an instrumental role in achieving this dream. With major developers launching their commercial and residential; projects in Gurgaon, property investment in Gurgaon has become a lucrative option.
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