Buying a property appears to be a tactical job. It not only requires certain degree of prudence but also right kind of research. Most people make real estate investment twice or thrice in a lifetime as it requires a heavy amount of money. Considering this factor, the report captures insights about the Gurgaon Property market.
Gurgaon is touted to be one of the largest cities in Haryana and has developed into an industrial sector. Presence of several giant IT firms, multinational corporations and BPO business centers has leveraged the city into a modern cosmopolitan. Apart from this, the city also houses a very large cosmopolitan population from all over the country and abroad. The city offers a vibrant lifestyle with more than 25 malls, theaters and auditoriums sprinkled all over the city. Due to the presence of big companies, lucrative job opportunities and a high class lifestyle quotient many families are moving into the city every year. Gurgaon Property, being the most sought after real estate destination has many hotspots.
Areas that makes amazing destination for investment.
Gurgaon is home to some of the best real estate in India. Captured below are few of the promising hotspots in Gurgaon.
Although there is not much information about this region, developers have already started purchasing land tracts around the west end of the NH8 highway. Gurgaon is located to the east of NH8. The highway is a part of the Delhi–Gurgaon Expressway and the NE1, and the land around the highway is slowly being converted to high-quality commercial and residential areas. Another benefit of the highway is that it connects to the Indira Gandhi National Airport, and to the Gurgaon–Faridabad Road, increasing accessibility and convenience.
Sohna Road, Gurgaon
Sohna Road, Gurgaon: Sohna is a town and municipality in Gurgaon – the District of Haryana. The small town is a very popular tourist location, but in the last few years it has also gained a very good reputation for hosting weekend conferences. The city is one hour away from Gurgaon, and is undergoing rapid expansion to meet the demand of incoming families. Although the city itself is quite good, the main attraction for people is Sohna Road, which connects Sohna to Gurgaon. This road is a wide, six-lane road that features several great social infrastructure such as the GD Goenka World School and the KR Mangalam University. The Haryana Government has opened up the property on both sides of the road for residential and commercial projects, group and town housing are in active planning stages around the road. Vacancies are aplenty and developers are throwing in price discounts, low maintenance rates and other perks to attract investors into the area.
GOLF COURSE EXTENSION ROAD
Within Gurgaon, Golf Course Extension road is poised to become one of the best destinations. This stretch is famous for its luxurious residential projects. Located about half an hour from IGI airport by road, this locality is well connected to South Delhi, Sohna Road, NH-8 and Gurgaon-Faridabad Expressway. The Delhi-Mumbai Industrial Corridor (DMIC) is due to commence near this locality that is expected to spur its value further. In addition, the road improvement on this stretch is also an attractive factor.
Gurgaon has captured considerable amount of traction with Real estate in gurgaon showing signs of recovery in the recent past.