Gurgaon,dream,destination,for, business, insurance Gurgaon: A dream destination for real estate developers
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Not long back in the past, there was a time when Gurgaon was only touted as a crime prone city which might never shed its image to compete with the best destinations for business and development. But now rapid progress and consistent growth has done an image makeover of this city. Gurgaon gets much leverage just because of being closely connected with capital city Delhi. The expansion of metro line has given an added advantage to commute between the major centers of the city. Finding the footprints of major global powerhouses encourages developers to roll out ambitious real estate projects to woo investors in prime properties. Realty developers preferably concentrate on project completion to retain the investors’ confidence. Housing sector has seen exponentially high growth rate in this city in the last couple of years. The values of the housing projects have risen to more than 150% in the recent years which is enough to attract high end customers who prefer niche market to invest. Investors expect by investing in this prime territory, they can make quick buck. Gurgaon is giving several near-by prime locations a run for their money. Gurgaon is just located about 49 minutes away from Delhi, the growth story of this city kicked off when the automobile giant Maruti Suzuki got its plant established in this city. Now over 500 companies have got their offices and showrooms in the millennium city. More and more MNCs are shifting their base to the different parts of Gurgaon. This has given a major push to variety of residential projects and consequently the prices of housing properties have almost doubled in recent years. The presence of premium apartments in Gurgaon has given the tag of the most expensive suburbs in India. Glitzy high-rises and neon flashing neons have put this city on the road to emerging economic super center in Delhi-NCR region. Home buyers are ready to comprise on the address over better amenities and infrastructure that the city provides to interested investors. Because of considerable appreciation in the property prices several residential township in Gurgaon has emerged which targets people of high income group. Since the city has offered attractive jobs options to thousands of youths, this has also influenced the demand of residential property in this city. The most attractive destinations in Gurgaon which has emerged in the recent years are Gold Course Road, Golf Course Road Extn, Sohna Road and NH8. If you are not interested in finished projects, just look out for the new residential projects in Gurgaon as developers constantly work on different options and they are in the process of launching a new project in the area. Article Tags: Real Estate, Recent Years
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