Gurgaon – A Real Estate Hub

Real Estate business is like sensex where speculative acumen of the investor, analysis, industry knowledge, future circumstances and trends of the market are very important. When there was an economic slump, the real estate market in Gurgaon went down to some extent. However, the trends are exactly opposite these days. Gurgaon property business is rising at a very fast pace. Due to this trend, individual and institutional investors are showing keen interest in Gurgaon properties. It has become one of the hottest destinations for those who want to invest in real estate.  Major construction companies like Ansal, DLF, Omaxe and Parsvanath have acquired lands in this city for their upcoming projects.

Commercial Property in Gurgaon

The commercial property in Gurgaon is based on several special economic zones (i.e. SEZs). The areas which are popular for buying commercial property include Sushant Lok, Udyog Vihar, Golf Course Road, Info city, and DLF park. There are many real estate developers who have contributed to change the face of Gurgaon. Unitech, DLF, Vipul and Emaar MGF are some of the popular names.

Residential property in Gurgaon

In Gurgaon, the trend of living in apartments and luxury houses is rising. So, residential property is as important as commercial property. The apartments are made with all important and modern amenities – power supply, water, security and privacy, open spaces and many more. Real estate developers are trying to construct the residential property in a way that it caters to the needs of all types of target audiences.

So, trends in both the commercial and residential properties in Gurgaon are in appreciation. The values of the property have increased by 25 to 30 percent from the past few years. The rental construction is also recovering due to the commercialization of this city. Increase in business in the city has resulted in a considerable amount of population of migrants to the city. So, the demand for rental accommodation is also increasing day-by-day. It has been always profitable to invest in Gurgaon property. An individual who wants to invest in the Gurgaon property should have a proper vision to see the localities where some major developmental projects are taking place so that one can get the best property. The urban area is in the expanding phase due to commercialization. The government has started acquiring land in the urban areas and much growth is expected in the near future. There are many upcoming projects, Gurgaon Metro Rail being the most significant project.  According to some ratings, Gurgaon is the 7th largest urban center. It is also one of the major corporate centers in the country with highest concentration of MNCs in this city.

Now is the accurate time to buy property in Gurgaon. It is reported that the rates of Gurgaon property are expected to rise in the near future. So, why not to take the benefits of the opportunity? One can earn considerable profits in the coming years if one invests in the hot property deals at this time.