Monday, November 11, 2013

GURGAON REAL ESTATE

Gurgaon real estate market is showing signs of resurgence on the back of renewed interest shown by MNCs and NRIs residing in foreign countries. This is evident in the from the figures of the foregone quarter which show a growth rate of 6% in property prices in Gurgaon much better than the growth observed in areas like Chennai, Kolkatta and Mumbai (1.5-3.5%) and NCR inclusive of Delhi (2-3%). These numbers tell us that Gurgaon is amongst the leaders when it comes to the real estate market growth. Therefore, investments in Gurgaon Real Estate will definitely yield good returns.
One of the main reasons why this region has gained so much in popularity among both investors, MNCs and NRIs alike is its proximity to the national capital, Delhi. Gurgaon has seen a tremendous growth rate in urban development in recent years due to the ever growing industrialization, commercialization and urbanization. Therefore, it can be safely said that investing definitely yield tremendous growth as it is one of the most rapidly developing localized clusters of the country. The development in Gurgaon is so widespread that it is likely to be the precursor to increased development in the rest of the country as well.
Moreover, as a city developed by private enterprise, Gurgaon has always topped the charts in real estate values. Land rates in this location are reaching the roof and they are likely to grow further in keeping with the positive developments taking place in this city. That does not mean that it is going out of bounds of investors. Overall, Gurgaon is offering excellent prospects for both businessmen to set up their businesses and for the salaried class to set up their homes what with a plethora of residential property options also available. Thanks to developers like DLF, Omaxe, Unitech, all of whom are from the north, are leaving no stone unturned to make this an investment worthy destination.



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