Gurgaon, a property market that has always witnessed demand on both fronts – residential as well as commercial, is among the most lucrative investment options for people in India and abroad. Nick named as the ‘Millennium City’, Gurgaon’s stars rose when India opened its doors to international market in the wake of liberalization and globalization. Since then, a host of companies have made Gurgaon their operating base which in turn has resulted in the increased demand for commercial as well as residential spaces in the city.
Facilities and Amenities in Gurgaon
Nestled in the state of Haryana and a part of national capital region, Gurgaon offers a wide range of amenities and facilities that have aided to increase in the property rates of the city. These facilities and amenities are helping investors gain a lucrative deal for every investment they make. The spaces and properties are also available on lease, certainly defining the phrase “cherry on top of the cake” for those who are specifically investing in commercial properties in Gurgaon. Along with these, highly advanced modes of transportation proximate to the Delhi domestic and international airports have made Gurgaon easily accessible.
On the other hand, state-of-the-art structures and world-class amenities such as ample car parking spaces, Wi-Fi enabled commercial complexes, 24×7 water and power backup, and security services have added to the charm of the city and registered Gurgaon as an ideal address for property investments.
Real Estate Developments in Gurgaon
Commercial and Residential development is going on at a rapid rate in Gurgaon today. On the construction front, the city estimates to deliver twelve thousand plus luxury residences in a short span of time, nearly a year and a half. The major real estate players involved in beautification of Gurgaon include Ansal, Central Park, M3M Group. MGF, DLF, Supertech, Cosmos and Tata Housing etc. Moreover, their projects ensure construction of over 500 billion square feet of area for both commercial as well as residential purposes, covering a major part of Gurgaon.
Real Estate Investment in Gurgaon
The innumerable mega projects of the major realty players of Gurgaon have made the city an ideal destination for investment for both national as well as international buyers and investors. The consistent growth and development of the city is also ensuring assured returns on the investments being made irrespective of the investment size – big or small. The upcoming commercial and retail sectors are aiding the hike in the property rentals and rates. Many major players have invested and established mega malls and complexes of Unitech, MGF, DLF, Eros, Raheja etc. to make Gurgaon a hip place to work and rejuvenate. Like them, a host of reputed brands like Airtel, Samsung, IBM, Nestle, American Express, McGraw Hill Financial, GE, Pepsi, Honda and many more make Gurgaon a corporate powerhouse. With the establishment of such top brands here, there has been an increase in the residential complexes to accommodate people working in these companies.