Gurgaon real estate is one of the best choices for real estate investors in terms of ROI. This region has experienced stability in real estate during the first & second waves of Covid19, which gives confidence to the prospective buyers.
Gurgaon as a region has seen many instabilities, but the real estate market here has seen stable growth. Real estate developers & developments of this region have stood ahead of other real estate markets in the country. When it comes to transparency, buyers’ satisfaction, timely delivery, and track record, etc., Gurgaon overtakes all locations.
Have the green surroundings & high-rise developments maintained the development of its real estate? Let’s talk about the favorable factors of Gurgaon.
Millennium City:
In the city’s need to maintain its global city reputation, every reputed real estate developer in Gurgaon like DLF, Tata Housing, Godrej Properties, Shapoorji Pallonji Real Estate, Hines, and many others are trying their best to please their targeted demographic. Some of the best features available in world-class residential projects in Gurgaon are basement car parking, themed landscape, ecologically friendly communities, smart security features, waste management system, etc. that are enticing well-informed home buyers.
Corporate Boom:
Sharing its boundaries with India’s national capital (New Delhi), Gurgaon is the home of high-rise residential and commercial developments. The existing development of Gurgaon is actually the outcome of more than two decades of India’s express economic growth. Countless software companies & call centers have set up their base here. According to the data of 2012, the private sector was boosting the development at that time with the investment worth approx 4.5 Lacs Crore rupees, which was approx 87% of the total investment in Gurgaon.
Growth fuelled by IT:
The demands for working professionals in Gurgaon have risen and so has their salary. Working professionals’ demand for luxury housing and world-class services has pushed builders in Gurgaon to raise the lifestyle and construction quality. These working professionals expected the same kind of professionalism & transparency they are following in their workplace. Real estate developers have tried to reach that level of quality and class.
Demand Supply Equilibrium:
Gurgaon real estate is one of the best choices for real estate investors in terms of ROI. This region has experienced stability in real estate during the first & second waves of Covid19, which gives confidence to the prospective buyers. In the comparison of other regions of Delhi NCR, the cost of residential property is a little bit higher but seems reasonable when you compare the lifestyle, amenities, services & neighborhood of communities of Gurgaon with other regions.
Weather:
Gurgaon is hot & humid in the summer season and winters are chilly just like Delhi, this region has won the heart of many because of its persity in climate. Many best educational institutions have started to open up branches in Gurgaon because of this reason. Apart from lucrative jobs and opportunities, the weather invites fresher’s to set their base in the city. Once you are in Gurgaon you would not want to leave the region.
Property Price of Different Regions in Gurgaon:
- Sector 102 – Rs. 35,000/sq. ft.
- Sector 108 – Rs. 10,500/sq. ft.
- Dwarka Expressway – Rs. 11,700/ sq. ft.
- Golf Course Road – Rs. 16, 927/ sq. ft.
- Sector 91 – Rs. 5100/ sq. ft.
- Sushant Lok II – Rs. 10, 600/ s. ft.
- Sector 81A – Rs. 5,600/ sq. ft.
