Most Demanded Commercial And Residential Property In Gurgaon
Biggest commercial And Residential Property In Gurgaon
Gurgaon is a market that has
always seen demand on both the commercial and residential property in gurgaon . Nicknamed the Millennium City,
Gurgaon's star rose when Maruti Suzuki set up its factory. Since then many
other top companies have set up shop here, due to which there has been an
increase in the demand for residential projects in Gurgaon.
Gurgaon is located in Haryana and
is located 32 km southwest of Delhi. Although the demand for residential real
estate such as apartments in Gurgaon has declined, the state reports a substantial
increase in prices. Several projects in this area have been delayed, leading to
low inventory. Gurgaon has the highest absorption rate and lowest unsold inventory
of all metropolitan cities.
Projects in Gurgaon largely cater
to the luxury segment but some projects will suit all budget categories.
There is demand for Luxury Projects On Dwarka
Expressway, which include 3BHK flats and builder floors in Gurgaon, but
the city has its fair share of problems. There is certainly a lack of
infrastructure, which does not include basic civic amenities such as waste
disposal systems and proper water supply. There is a power cut for eight to
twelve hours. The crime rate in Gurgaon is also a matter of concern.
As the real estate industry
witnessed a slowdown. With the election coming up with a clear winner, it is
expected that new infrastructure projects will be announced and this will lift
the real estate industry out of the slowdown. In such a situation, Gurgaon will
emerge as a market on which all eyes will be. So this could be the right time
to buy 3 bhk flats in Gurgaon or builder floor in Gurgaon.
He is a content specialist for
corporate and subsidiaries in various digital media establishments. He prefers
to invest in residential
projects on dwarka expressway.
Buying Commercial Property Gurgaon
Buying real estate in Gurgaon is
the most preferred option for many people in the area. There is an avalanche of
reasons for the same. Firstly, for any potential investor in the area,
investing in Gurgaon properties is the best of all the available investment
options.
With the volatility in the
Sensex, in the backdrop of the international economic slowdown, stock options
are considered a risky investment option for the average investor. It is in
this scenario that buying a property is the best and risk-free option for an
average citizen.
The Best Gurgaon is one of the
fastest-growing corporate hubs in the country. This aspect alone is enough to
justify buying a property in Gurgaon. For more than a decade, the real estate
market in Gurgaon has witnessed rapid growth. Barring the recent economic
slowdown, there has been a steady rise in the value appreciation of Gurgaon
properties. The Gurgaon market has remained without much volatility even during
the economic downturn. The market for the average and middle-class housing
segment has not been affected in any way.
The real estate market in Gurgaon
has been enjoying a certain appreciation for over a decade now. The primary
reason for this is the growing importance of Gurgaon as India's major corporate
hub. After economic liberalization and globalization, India has emerged as a
world market and has attracted global attention. As a result, major
multinational corporations have flocked to the subcontinent to open up shops.
Companies coming to India preferred Gurgaon as the best option to open an
office.Situated in the vicinity of the national capital with adequate
infrastructure, Gurgaon was found to be an ideal location.
This has resulted in the
development of Dwarka Expressway projects in the area by premium infrastructure
development company like Dwarka Expresway Projects. Major MNCs and National companies
in IT, BPO, KPO, etc. Dwarka Expressway Projects
has made its place in the city. Moreover, commercial
property for sale like malls and multiplexes, cinemas, housing units
like flats, apartments, condominiums, star and luxury hotels, etc. have made
real estate shopping in Gurgaon an attractive investment option. Another reason
for appreciation in Gurgaon real estate is the increase in infrastructure in
the area. Gurgaon-Delhi 8-Line Expressway, Delhi-Jaipur National Highway,
Delhi-Gurgaon Metro Rail, proposed Gurgaon Metro Rail, etc. have made access to
the city very easy. This has led to an increase in wealth in the area. Dwarka
Expressway Affordable Projects Mid-budget homes are the most sought-after in
the real estate market and account for 60 percent of the total demand. Which
gives additional benefits to multiplex owners, enabling them to optimize
capacity utilization.
In addition to these non-ticket
revenues, theater developers get additional revenue from leasing additional
space to food and beverage retailers.Hotels/Resorts: As mentioned above, the
huge boom in the real estate sector is due to the rising income of the middle
class. Therefore, with the increase in income, there is an increasing tendency
to spend a part of their income on tourism and travel, due to which the demand
for hotels and resorts is increasing across the country. Apart from this, India
is also emerging as a major destination for global tourism in India, thereby
increasing the demand for hotels/resorts.
A significant trend in the ready to move affordable flats in
gurgaon is that people are moving from villas to apartments, mainly for
reasons of safety and security. It also helps the end-users as they get easy
access to the re-integrated services of plumbing, electrical, gardener, bill
dispatch, and maintenance managed by the apartments.
Hence all the above factors can
be attributed to such phenomenal growth of this sector. With significant growth
and investment opportunities in this industry, the Indian realty sector has
become a potential goldmine for many international investors. It also opens up
opportunities for areas related to real estate development such as home loans
and insurance. Many global people have shown interest in this area.
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* This article was originally published here
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