Gurgaon was known to be an economical wasteland few decades ago but simultaneous shift of a number of blue chips companies transformed it to an IT hub. It is touted to be one of the fastest developing sectors in India and sees a good demand with more people showcasing their interest in residential property in Gurgaon.
Captured below are the reasons to invest in Gurgaon Residential Property.
Major IT Hub
Gurgaon has emerged as one of the major IT hubs of India with presence of many multinational corporations. This has led to its popularity among real estate developers in Gurgaon and property investors. Further, one can easily find skilled manpower, as the city is proximity to cities like Delhi, Faridabad, Noida and Ghaziabad.
Excellent Infrastructure– Gurgaon has witnessed tremendous infrastructural growth in the past two decades which in turn has given a major impulse to the growth in this region. Areas such as Dwarka Expressway, Sohna Road, and Golf Course Extension are some good areas in Gurgaon where property investors can expect good return on investment (ROI). On the back of these advantages, massive investment upsurge has been seen in residential property in Gurgaon.
Extensive Transport Network– Apart from Gurgaon’s economic activity, it has practical advantages from other parts of the city. The biggest benefit of this city is its ability to link via Delhi Metro and Rapid Metro System. In addition, it has standard private shuttles and bus routes that provide transport from the city to other nearby areas of Delhi. Further, you’ll get seamless connectivity in the form of metro services, proximity to NH-8, and availability of an entire array of social amenities are some of the factors that are attracting property investments from across the country.
High Standard of Living– The reason people are investing in residential properties of Gurgaon is due to the rise in fashion. The city offers a vibrant lifestyle with a number of malls, clubs, restaurants, multiplexes and many more. Plethora of fun and entertainments avenues attract the investors to buy property in Gurgaon. The city also offers perfect hang out destinations to spend a fun filled weekend or a day. Presence of all big brands adds to the lifestyle quotient of the city. This is one reason that most of the real estate developers in Gurgaon are coming up with their new projects.
Excellent Drainage and parking system– Gurgaon would seem to have everything: reliable electricity or water; a functioning citywide sewer or drainage system and adequate parking, public sidewalks, decent roads or any citywide system of public transportation.
High Return on Investment
As the city is growing at an excellent pace and with many reputed companies shifting their focus here, demand for residential property in Gurgaon is humongous. It is also expected to fetch high return on Investment in near future.
No doubt, Gurgaon has become a hot spot for both real estate companies and investors owing to its various benefits. Gurgaon is an ideal place for residential property investment.