How Gurgaon Became A Major Real Estate Hub?

Gurgaon is well known as the second-largest real estate market in India. People from all around the country come here to make long term investments in plots or residential properties. Developers and builders have continued to come up with new residential projects in Gurgaon and in every nook and corner, there is a project that suits somebody’s requirement. People have been taking good advantage of Gurgaon’s real estate potential.

Here are a few reasons why Gurgaon became a major real estate hub:

• Avant-garde projects

Gurgaon has ample projects going on in its different towns and localities, and these projects come with added services, amenities and basic facilities. For instance, Experion offers a range of ready to move in flats in Gurgaon, that are fully furnished and have all the basic necessities a stone throw away. These housing areas are also surrounded by a lot of greenery and have easy access to transportation facilities.

• Start-up Center

Gurgaon is the happening place for businesses, both small and large. Entrepreneurs and small business owners flock to this city and are found in big numbers as Gurgaon is one of the top places for upcoming startups and new companies. Since these companies and firms will be employing people from all over the country, they need places to stay in Gurgaon or delhi, or near the office. Therefore, the construction business never really stops. The real estate developers in Gurgaon are constantly in the game of whipping out affordable properties. 

• Work in Delhi, Home in Gurgaon

To escape the exorbitant rates of real estate in Delhi, many people choose to work there, but look for housing options in Gurgaon. Gurgaon is nearby, well connected, and has no transportation issues. It also has a wide variety of choices and for those who can afford it, can find some of the best luxury apartments in Gurgaon. Plus there is the added blessing of Dwarka Expressway that helps with the traffic and congestion.

• Entertainment Options

It would be wrong to think that Gurgaon is a cheap place because that definitely isn’t true. People can also look at residential plots in Gurgaon if not apartments. They do find their deals after searching hard enough, but apart from the real estate aspect of it, Gurgaon as a city has many things to offer.  People even say that after settling down in Gurgaon, one seldom needs to visit Delhi for any requirements because literally, everything is available in Gurgaon -  from shopping malls and restaurants to pubs and a vibrant nightlife. The culture of this city is very lively, active, and upbeat which is a good combination to have. 

There are several other factors that made Gurgaon a primary real estate hub. The place is always edging towards development on a regular basis and owing to its popularity, it has a number of well known and reputable builders, developers, businessmen, and property owners. Investments in this area are sure to bring long term benefits if done wisely.

About This Author

Diksha Sharma Joined: August 20th, 2018