Situated about 32 kilometers away towards the south west region of New Delhi, Gurgaon is cited to be the industrial and financial hub of the NCR (National Capital Region). Being the city with the third highest per capital income in the country- Gurgaon is fast becoming one of the most sought after destination for realty investment. Currently bustling with a number of construction activities, the city is on its way to rapid urbanization. Despite being a city that is dealing with regular power cuts, Gurgaon is attracting many working professionals from neighbouring IT parks and automobile manufacturing units.
Local and national real estate developers are cashing on this growing demand and are purchasing land in large parcels to create extraordinary living spaces. While some players like Ambience are entering the market with a world class 150 acre project providing luxury homes, there are other small time builders that are coming with an array of 2 BHK flats in Gurgaon - meeting the needs and demands of the MIGs (Middle Income Group individuals).
Connectivity too has played a major role in flourishing the city’s realty sector. Various connectors like National Highway 8 help ease access to cities like Mumbai and Delhi. The Delhi connectivity is further improved via the Delhi metro and the Rapid metro. Private auto rickshaws and taxis ease intra-connectivity. The city is located very close to one of the busiest airports- the Indira Gandhi International Airport.
Being a city that is at its nascent stage of development, the city has an array of infrastructural projects in the pipeline. The biggest being the metro. CM Manohar Lal Khattar recently announced a metro connectivity linking Faridabad and Gurgaon. The work on this proposed project will commence soon. The project has already lured many investors and the property prices along the metro stations have already started to soar. Meeting the needs of MIGs, real estate developers are now coming up with an array of housing options ranging from mid-segmented apartments to premium projects that offer state of the art amenities and facilities. Local builders are also coming up with many 1 BHK flats in Gurgaon.
Some of the active neighbourhoods include Sectors 82 and 83. Sushant Lok and Sohna Road are other residential catchment areas that are dominated with many multistorey buildings. 2 BHK flats in Gurgaon especially in these localities fall under the uber luxurious segment. Capital values of homes in these regions have already witnessed an escalation of 8.30 percent in the past one year. According to current market trends, apartments here are estimated to to fall anywhere between the price bracket of Rs 11,500 and Rs 13,000 per square feet depending on the amenities and facilities offered by the builder.
If you are one of those who want to rent out spaces rather than own one, do not worry, Gurgaon has a lot to offer you. A number of flats in Gurgaon especially in vicinities like sectors 56, 57 and DLF City Phases are available withing the budget of Rs 10,000 and Rs 16,000 per month.
Local and national real estate developers are cashing on this growing demand and are purchasing land in large parcels to create extraordinary living spaces. While some players like Ambience are entering the market with a world class 150 acre project providing luxury homes, there are other small time builders that are coming with an array of 2 BHK flats in Gurgaon - meeting the needs and demands of the MIGs (Middle Income Group individuals).
Connectivity too has played a major role in flourishing the city’s realty sector. Various connectors like National Highway 8 help ease access to cities like Mumbai and Delhi. The Delhi connectivity is further improved via the Delhi metro and the Rapid metro. Private auto rickshaws and taxis ease intra-connectivity. The city is located very close to one of the busiest airports- the Indira Gandhi International Airport.
Being a city that is at its nascent stage of development, the city has an array of infrastructural projects in the pipeline. The biggest being the metro. CM Manohar Lal Khattar recently announced a metro connectivity linking Faridabad and Gurgaon. The work on this proposed project will commence soon. The project has already lured many investors and the property prices along the metro stations have already started to soar. Meeting the needs of MIGs, real estate developers are now coming up with an array of housing options ranging from mid-segmented apartments to premium projects that offer state of the art amenities and facilities. Local builders are also coming up with many 1 BHK flats in Gurgaon.
Some of the active neighbourhoods include Sectors 82 and 83. Sushant Lok and Sohna Road are other residential catchment areas that are dominated with many multistorey buildings. 2 BHK flats in Gurgaon especially in these localities fall under the uber luxurious segment. Capital values of homes in these regions have already witnessed an escalation of 8.30 percent in the past one year. According to current market trends, apartments here are estimated to to fall anywhere between the price bracket of Rs 11,500 and Rs 13,000 per square feet depending on the amenities and facilities offered by the builder.
If you are one of those who want to rent out spaces rather than own one, do not worry, Gurgaon has a lot to offer you. A number of flats in Gurgaon especially in vicinities like sectors 56, 57 and DLF City Phases are available withing the budget of Rs 10,000 and Rs 16,000 per month.
