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Submitted by: Vrinda Tripathi
The real estate sector in Gurgaon has been witnessing a promising scenario, with more number of residential and commercial projects are being introduced to cope up with the regularly increasing demands of property investment in the planned city.
The Real estate has been one of the most flourishing sectors in Gurgaon. Being at the closest proximity of Delhi and facilitating some of the major developments in and around the area. Gurgaon has become the hotcake for investors and developers worldwide.
This article further emphasizes on various other aspects of Gurgaon real-estate sector which are as follows:
The existing residential projects are contributing to the overall growth of realty sector in the city. It enables various classes of people to migrate from other conurbations and put up in Gurgaon amidst the well-equipped and comfortable surrounding.
Gurgaon is a home to a number of educational institutions, hospitals, malls, 5 start hotels, all equipped with top class infrastructure and offer superb ambience.
The growing development of metro rail connectivity and innovation of rapid mono rail altogether provide better transportation facility to residents of Gurgaon and other neighboring cities.
There are a number of builders and developers across the globe, that have introduced some of the great townships and other projects for residential and commercial sector in Gurgaon, thereby giving people more property options to choose from.
The new projects create work opportunities for house builders and contractors and also fabricate a number of houses thus providing the most ideal places for people to live.
The builders of Gurgaon Residential Projects are adorning the flats, buildings, homes with the perfect surrounding. Also the prices of these flats are reasonable.
Some of the highly opted places to invest over Residential property in Gurgaon include the southern peripheral road connecting to National Highway. This location grips huge investment potential thanks to improved connectivity that NH8 provides to Manesar and Dwarka.
Besides, the residential projects in Dwarka Expressway have attracted interest from the mid-income buyer group. As prices climb in upcoming locations of Gurgaon such as Sectors 70, Golf Course Extension and Sector 78, buyers have been considering other alternate location to purchase a property in the city.
To cope up with the constantly increasing demands of residential property in Gurgaon, the city has a total of 55,000 organized flats and is likely to develop 6000 more flats by end of 2012, with an extra 65,000 by the end of 2014.
Out of the total supply, properties which offer locational advantages in terms of vicinity to airport, Metros connectivity, malls and schools are high on demand as compared to properties in the other region.
Gurgaon remains promising for commercial space, and there are good prospects for more major global players setting up operations in Gurgaon in near future.
On the whole, the residential property market in Gurgaon will witness huge absorption in the coming days. The new infrastructure initiatives being undertaken by the Government will also play a fundamental role for Gurgaon residential and commercial property sectors.
About the Author: Vrinda Tripathi is a senior content strategist for Satya Group, a leading real estate company in Delhi-NCR, Bhatinda, Indore. For more information related to their new residential project in Dwarka expressway Gurgaon do visit
satyagroups.in/upcoming-projects/residential-project-dwarka-expressway.html
Source:
isnare.com
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