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Real Estate in Gurgaon

Real Estates in Delhi-NCR - Monday, August 09, 2010 11:21:57 AM



Located in the close proximity to New Delhi, Gurgaon, the sixth largest city of Haryana has turned into a prosperous hub of real estate Gurgaon in the country with the continuous inflow of IT, BPO, Education and many more industries. It is regarded as one of the best cities to live in India with a flourishing real estate quarter. Not surprisingly Gurgaon with a per capita income of Rs.1, 22,212 is the richest Indian city next to only Mumbai and Chandigarh, in terms of per capita income.
World class infrastructure and amenities, ample facilities, good water and power supply has collectively marked it as the hottest destination for the real estate developers for property in Gurgaon. Gurgaon has concretized its place on the map of India as the fastest developing city after maintaining a constant pace of growth. The city has widely been recognized for drawing the maximum of industrial investment in the state. Many Chemicals, Pharmaceuticals, Automobiles, Textile, Industrial Goods etc have their manufacturing set ups located in Gurgaon. Hero Honda and Maruti Suzuki which cater to the automobile needs of India, have their manufacturing units in Gurgaon. Apart from these Samsung, IBM, Nestle, American Express, Citibank, American Bank, LG, GE, Perfetti, Pepsi, Coke, Honda, Maruti, Xerox, etc. have also occupied spaces in developed & developing localities of the Gurgaon District.
Fulfilling the basic needs and providing the best infrastructure, Gurgaon property has become a huge hit among the most desired destinations for properties like residential, commercial, industrial, corporate offices, villas, farm lands, hotels, builder floors, rented properties, resorts, housing societies, and luxury flats. Lately Gurgaon has experienced the latest trends in the Mall Culture. Gurgaon is home to as many as 40 Malls and many upcoming mall projects have prospered the real estate industry. Often called as the ‘Mall Capital of India’, Gurgaon also boasts of the Largest Mall in India. Various Institutions for Higher Education have also emerged amid the huge list of investors in Gurgaon.

There is numerous real estate developers are having their work and operation in Gurgaon with several projects are under development and many others in the pipeline. Gurgaon today is no less than the real estate hub of the country and offers a best deal to the people aspiring for a commercial or residential property in the city.

Apart from these big fishes of real estate there are a large number of middle and small classes of real estate developers who have been involved in the work of property development in the city for a longer period of time.

Residential properties:
With the rapid pace of urbanization, Gurgaon has come up with an entire new dimension of modern lifestyle. Residence which include apartments, flats are equipped with the best amenities and facilities including proper water and power supply, schools, hospitals, shopping complexes in the closest proximity, community centre, park, playground, gym, better transport facility, etc. Gurgaon attributed to its variety of desired advantages could be a natural choice for you to owe a home in.
The growth of the residential property in Gurgaon market has received major boost with the development of the commercial sector.

Commercial properties:
As Gurgaon is located in the close proximity to the capital city of India, it has become one of the bustling commercial hubs of northern India with all the major corporate houses having their operation in the city. The international airport is just 15 kms away from Gurgaon; hence the city is highly convenient for frequent travelers. The commercial infrastructure of Gurgaon ensures perfect environment for business growth. The healthy and high tech environment of the city have initiated establishment of operational base of world reputed MNCs.
The city is indeed heart of major industrial activities with top notch MNCs, corporate and fortune 500 companies like Coca Cola, Pepsi, Ernst & Young, Dupont, IBM, Flextronics and Ranbaxy, Genpact, Microsoft, Hewlett Packard, Nokia, TCS, Jones Lang LaSalle Meghraj, Bank of America, Google, American Express, Fujitsu, Nokia Siemens Networks, Canon, CitiBank, Nestle and many others.
Eyeing at the rapid commercial property in Gurgaon and economic growth of the city, the real estate developers of India have set up commercial properties of international standard.

Rate of properties:
Rate of properties in Gurgaon depends squarely upon the locality of the property, and facilities and amenities being provided by the developer. Rates vary sharply according to the nature of property. Rate of properties range widely from Rs.12 lacks as initial price to as higher as you are willing to pay. As Gurgaon is home to both the commercial and residential properties, the rate of properties is likely to touch an all time high in the coming future considering the growing demand of properties in the city. 

2012 DelhiHelp

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