By Raheja Developers | 20th August 2019

THE RECENT REAL ESTATE TRENDS IN GURGAON

Gurgaon is counted among the top-notch location in the real estate sector. Owing to its excellent location, Gurgaon is considered as one of the best real estate market in India.

It is home to a large number of entertainment hubs, shopping complexes, high rise malls, food courts, lounges and so on. The recent development in the transportation system such as metro rails, roadways and excellent connectivity to the international airport and railways station is an added advantage.

Like any other real estate market, Gurgaon’s real estate has also undergone several changes and transformations in trends with each passing year. There are a few trends observed in the Gurgaon real estate sector.

Let’s take a close look at each of them:

Affordable Housing

With the launch of the Affordable Housing policy, the real estate section, especially in Gurgaon, has seen substantial investments. The government initiatives have helped accelerate the demand and supply in this segment. The real estate players are coming up with residential projects in Gurgaon to cater to the affordable housing needs. Some of the luxury residential projects that provide affordable housing are Raheja Maheshwara, Signature Global, DLF and many more.

Connectivity

Gurgaon is one of the fastest emerging realty destinations in the NCR with commercial as well as residential properties. It enjoys excellent connectivity from Dwarka Expressway, Kundli-Manesar-Palwal Expressway, Indira Gandhi International (IGI) Airport, Sohna Road, Golf Course Road, and to prime locations of Delhi. The city offers various property options at competitive prices and hence, can be considered as a vibrant reality destination.

Accelerated growth

In recent years, Gurgaon is emerging as a corporate hub as well as one of the best destinations for residential property. Its excellent connectivity to Delhi through Dwarka Expressway, NH-8, Golf Course Road and prominent locations like Sohna Road has contributed to making Gurgaon one among the most desired real estate location. It not only provides the residential space but is one of the ideal places for the corporates.

Proposed & Planned Infrastructure

Infrastructure plays a vital role in contributing to the growth of real estate. Infrastructure developments such as Flyover, Delhi Expressway, Metro Connectivity are the driving factors that has accelerated demand for residential and commercial properties in this new growth corridor.

Employment Opportunities

The transformation of the city from an agricultural wasteland to a high-rise metropolis has indeed paved a way to better employment opportunities for all. From the multinational firms to small and medium-sized businesses, the job seekers are getting lucrative job packages owing to various MNC’s, Indian business houses, as well as Startups, trust Gurgaon as their base.

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