New here?
Register for features like favorites, compare, comprehensive advice, consultation and more.
RegisterExplore all 12+ Projects in the
Known as the Millenium city, Gurgaon is located in the state of Haryana and is a part of the Delhi National Capital Region (NCR).
The city is merging as the service hub of the country and offers a multitude of employment opportunities creating many high-income jobs. Its realty market is on a momentous boom catering to all segments of target audience due to its product range varying from villas, flats, and apartments of sizes as 1 BHK, 2 BHK, 3 BHK, and 4 BHK and even penthouses. This remarkable real estate growth has brought a spur in the Indian economy and many real estate players like DLF, BPTP, IRO, Raheja Group, and VIPUL Group have set up their companies there.
Gurgaon is mainly an investor-driven market and diverse factors like proximity to IGI, industrial development, favorable tax benefits and availability of land have led to this realty hype. Its prime markets are Dwarka Expressway, Sohna Road, Manesar, and Golf Course Road. These areas hold 24% of the under-construction units and by 2018 Gurgaon is expected to house approximately 2500 multi-story towers. Premium living, as well as rental properties both, has an option of flats, villas, and apartments to choose from.
Realty experts predict that the coming years will witness a comparatively healthy absorption of residential spaces as the property rates in Gurgaon which were the slowest in the last few years are all set to pick up. The government’s “Make in India” initiative will also lead to setting up of more industries thus increasing the housing demand in the city.
When it comes to amenities like hospitals, parks, schools, multiplexes, shopping malls, banks, etc., Gurgaon is nowhere lagging behind. You have the best multi-specialty hospitals in Gurgaon and Delhi and some of the best national as well as international schools are here. Hence, making it a good residential area to live. There are plenty of social hubs, clubs and meditation centers to relax and have recreation. Some of the best premium institutes are also located in NCR, and, of course, the metro line extension is a remedy to all distance related hassles. All best Fortune 500 companies have managed to step in the Gurgaon corporate market. Also, the massive planning done by the Haryana Government and the Central Government is inviting a lot of commercials as well as infrastructural development in a short span of time.