Gurgaon – The Millennium City
Gurgaon has been an integral part of the fascinating story of the Capital in the past decade. It earned the sobriquet of “Millennium City” for being home to over a hundred Fortune 500 companies, swanky malls and other entertainment avenues, BPO companies, world-class golf courses, hi-end restaurants, classy five-star hotels, healthcare facilities and state-of-the-art residential hi-rise structures. Despite all its infrastructure-related issues, the city is also home and working turf for a large number of corporate honchos. Gurgaon happens to be the first city of the country to have a 100% privately funded Metro train service and is soon to have pod taxis.
Real Estate Investment in Gurgaon
Gurgaon is one on the fastest increasing corporate hubs in the nation. This aspect alone is adequate to justify purchasing property in Gurgaon.
Significant multinational and national firms in IT, BPO, KPO, etc. have identified their position from the town. Alongside, commercial establishments like malls and multiplexes, cinemas, housing units this kind of as flats, apartments, condominiums, star and luxury hotels, have made real estate acquiring a lucrative expenditure choice.
Yet another motive for the appreciation in Gurgaon’s real estate would be the elevated infrastructure sophistication inside region.
The Gurgaon-Delhi 8-line expressway, Delhi-Jaipur National Highway, Delhi-Gurgaon metro rail, the proposed Gurgaon metro rail, have made the city highly accessible. This in turn has augmented the property appreciation from the region.
True estate current market in Gurgaon have been enjoying an assured appreciation for more than a decade now.
Buying a home is risk free and guarantees appreciation.
Gurgaon’s rocking realty reality is no longer a slave to upmarket colonies of New Gurgaon. People are now looking beyond the millennium city, and as per industry experts, the next destination for property buyers is the Gurgaon-Sohna road, on the Delhi-Jaipur highway.
Gurgaon has turn into the best investment destinations for lots of investors. Most of the wealthy citizens are selecting to invest in Gurgaon property rather than in any other part of the India. The mortgage rates in Gurgaon have also been on a rising trend and this can be certified to the detail that the commercial properties in Gurgaon markets has been polluted by a little of the best professionals from the whole globe.
If you imagine that the price of investing in the region is inflated, then you are mistaking. The investment properties in Gurgaon region are very reasonably priced as balanced to those in other fractions of state or the nation for that matter. This can be recognized to the reality that the regions in the vicinity appear with all the facilities that you can imagine. There are a lot of games services for example a tennis court, swimming pools and other.
A lot of people are indifferent on whether to obtain real estate in Gurgaon or not. The best thing to do is to attain the land now and stay for the price to appreciate in the future. The financial system of Gurgaon is very steady and over the final couple of years, it has been on a growing trend.
Gurgaon offers an excellent location to start up an industry as it is in close contact with cosmopolitan world, being close to the National Capital of Delhi. It offers excellent law and order situation with peaceful environs. These pivotal factors have helped it attract a sizable number of investments from Multinational companies, large business houses, foreign investors, Non-Resident Indian (NRI) etc.
Gurgaon is one of India’s major outsourcing hubs, housing major multinationals such as Agilent, Alcatel, American Express, British Airways, Convergys, eFunds, Ericsson, KEANE India Ltd., Fidelity Investments, Genpact, HCL technologies, Hewitt, Hindustan Unilever Limited, IBM, Siemens, Flextronics, Coca-Cola, GSK, General Motors, Gillette, HP, Hitachi Metals, Nestle, Max New York Life, Nokia, Pepsi, Trinity BPM, Xerox, etc.
Gurgaon is home to many manufacturing units of repute such as the largest car and motorcycle manufacturers in India, namely Maruti Udyog and Hero Honda; which has their manufacturing plants in the city. Industrial Model Townships like Manesar, Dharuhera, Bawal and Udyog Vihar house some of the biggest names in manufacturing industry. Auto ancillary companies like Lumax, Munjal Showa, Anand Automotive, Continental engines, Sona Steering, Bharat Seats, Caparo Maruti, Rico Auto and others have several manufacturing units here. Some of the big names in Garment manufacturing and exports like Richa & Company, Orient Craft, Modelama Exports, Flying Fashions, Trendsetters, Jyoti Apparels etc are also located here. Gurgaon which hails most of the reputed developers like Alpha G Corp, DLF, Unitech, JMD, Vipul, etc to name a few have also credit to the infrastructural and construction of international standard office spaces that meets the demand for MNCs and high-end modern corporate offices. Besides, Gurgaon’s proximity to New Delhi and easy connectivity to the international airport is a major plus factor. Also, availability of good quality and cheaper office buildings and residential complexes like Gurgaon One Sector 84 project have proved attractive to many companies who have shifted their corporate and back offices.