Property in Gurgaon

Gurgaon real estate market has recorded commendable growth over the year that has set a benchmark for other cities in India. The city’s administration and economy is welcoming domestic and foreign investments. The upcoming super spacious express highway is adding to the charms of Real Estate Gurgaon.

There is a constant buzz about numerous projects in the making including smart multiplexes, eating joints, plush five star hotels and hi-tech super luxurious commercial and residential complexes.

Commercial property in Gurgaon

Gurgaon is a nucleus of major commercial and retail activity even as a multitude of people (commuters, office employees, visitors and locals) depend on the infrastructure, (road and rail network, well-developed industrial estates, good banking facilities, reliable communication network, modern technical institutes), strong private sector and developed commercial markets and malls in the city. With a very competitive real estate market, buying/selling/leasing office space in Gurgaon / retail shop, the city offers the best deals.

Real estate prices have also gone up due to upgradation of the Delhi International Airport.

Residential Properties in Gurgaon

Gurgaon abounds in decent to high-end houses, apartments, condominiums and luxury villas. With developers like Unitech, Omaxe, Parsvanath launching projects/townships that offer a full scale of amenities of a high standard and distinctiveness, the demand has gone up substantially each year. For those wanting to buy flat in Gurgaon, that Unitech "Habitat" project which created waves in Greater Noida will be replicated in Gurgaon is also doing the rounds. Unitech had some time ago also launched Nirvana Country.

Some of the instances of Gurgaon Properties being the favourite among MNCs, real estate developers and individual home/office/retail space seekers are:

• Raheja Developers has plans to launch over 6000 apartments in various sectors of Gurgaon.

• Parsvnath Developers Ltd has announced that the Company have received the final notification from the Central Government for the Company IT / ITES SEZ at Gurgaon (Haryana), to be held in the name of its subsidiary, Parsvnath SEZ Ltd. Out of the 2 notified SEZs for IT / ITES sectors, one will be at Gurgaon.

• House of Pearl Fashions Limited, has announced its plan for utilizing a big chunk of its land owned by its subsidiary, Pearl Global Limited, for commercial development. Towards this purpose, it will develop its own strategically located plot on National Highway-8 in Narsinghpur, Gurgaon (Haryana) for commercial space.