Residential Property in Gurgaon has witnessed an ocean of transformation in terms of locations and types of residential projects. Real estate developers in Gurgaon are vying for prime slots for development and are coming up with innovative ideas to woo their target audience. This demand is determined together by the local industries and investors from Delhi & NCR who are purchasing residential property in this corridor. This is an indication enough to the reputation of eastern Gurgaon. But wait the western suburbs of Gurgaon are not far behind!
All together, Manesar & Dwarka Expressway of Gurgaon have emerged as the next happening hubs with an assorted display of numerous commercial and residential projects. The walk to work thought is gaining high ground in these parts of Gurgaon. Concomitant to real estate Gurgaon this area has seen rise in helpful segments also, such as hospitality, medical facilities, retail marketing, banking and entertainment. It is not rocket science then, that many real estate developers in Gurgaon with their residential projects have zeroed in on these locations to offer some of the best flats, Villas, apartments, floors and Plots in Gurgaon.
There is a quantum jump in property price in Gurgaon as compared to few years back. However this sky rocketing price is only in certain posh areas. The average property rates in the Gurgaon real estate 10 years before were below Rs. 1000/sq. ft. Now, the average rate throughout the region is between 5000 - 7000/sq. ft. – making it’s the most profitable area for best builders in Gurgaon to exercise their structural magic.
With the real estate market providing reliable and fixed returns - it has indeed been considered as a superior investment. Easily availability of loan has made investment in residential sector a more profitable option.
A commercial and home developer in Gurgaon needs to understand that in this area it is still possible to build new Residential Projects Gurgaon and new commercial projects. This allows for utmost appreciation potential, since the demand for either of these two sectors nourishes the other. In another 4 - 5 years, real estate of Gurgaon will have achieved such a high level of development that such combination will no longer be feasible. To know more about Residential projects in Gurgaon please dial: +91 9811 999 666.
Real estate developers still have an opportunity to take advantage of this fact and develop residential and commercial projects close to each other. While this makes brilliant business logic, it will also ensure that HUDA will attain a balanced real estate profile that merges perfectly with the Gurgaon 2021 master plan.