Know Why Gurgaon Real Estate Market Is First Choice Of Investors

Author: Mukesh Rawat

Gurgaon real estate market is running successfully on the path of development. Thanks to loads of factors, such as incessant social and physical infrastructural expansion, substantial presence of top multi-national companies and Fortune 500 companies, rising demand for homes, supply from leading real estate developers, new and existing governmental policies for infra development, housing plans, and modern urban lifestyle.

People planning to have a home in Gurgoan own a better purchasing power and they are ready to spend their high disposable income. They love to invest in luxury properties in prime locations and ready to pay real estate developers a big amount of money for having their choice properties. Have a look at some of the prime reasons why Gurgaon residential projects are the first choice of property investors who want to invest in ready to move in flats in Gurgaon.

Proximity to Delhi, the national capital of India, is the first and foremost reason of people’s investment preference in Gurgoan. Moreover, Millennium City perfectly caters the growing demand of luxury and affordable housing in a go. There, NRIs are showing their genuine interest in investing money in real estate market. From Dwarka Expressway to Sohna Road and from New Gurgoan to Golf Course Extension, there are many prime locations where property investment fetches better and improved returns in the least amount of time. Another factor that makes property investment a wise decision in Gurgaon is the difference between Gurgaon and other markets of Delhi NCR.

When compared with Noida, Gurgaon remains far ahead. Although Noida has a better social and infrastructure, yet the city misses the title of a big employer like Gurgaon. The major drawback of Noida is its distance from the international airport that results in lower or no attraction of foreign investors. In addition, daily commuters to Gurgoan and employees prefer to dwell in Gurgoan owing to the presence of many prime location properties.

Even, the city has an edge in the segment of high living standards and luxury home demand. Ghaziabad is another Delhi NCR city with a smart city tag, but it has an average infrastructure and two national highways that are plagued by traffic congestion. Moreover, the slow progress of development keeps real estate investors away from Ghaziabad’s real estate market. In addition, Ghaizabad has selective shopping malls and recreational centers than Gurgaon.

To sum up, Gurgaon has a great future ahead as the city is capable of catering the needs of residential, industrial, as well commercial realty in an effective manner.