Gurgaon real estate promises good returns
Gurgaon- The Millennium City is a best option for those looking for investing in Delhi-NCR real estate. The city promises high returns on investment and a secure environment.
The new master plan of Gurgaon gives hope to investors on better connectivity and lifestyle features of the city. This has attracted more and more investments to areas which come under the master plan. Provisions have been made in these areas for superior infrastructure development projects with wider roads, Metro connectivity, parks, along with a good combination of commercial and residential mix of projects.
Real estate biggies like DLF, Raheja Developers, Tata Housing, Unitech, Ansal API, Chintels Ltd, Adani, Godrej, BPTP, IREO, M3M, MGF Emaar, Hines, Homestead, Orris Infrastructure, Antriksh, Assotech Ltd, Supertech, etc, have purchased several land chunks and are coming up with numerous new projects.
The realtors focus on providing well-designed, well-engineered, excellent projects. And in this regard, the developers are tying up with many leading engineering firms like L&T and Shapoorji Pallonji as contractors, many international designers and architects in order to raise projects that are world class and they are also stressing on timely delivery of the projects.
Improving infrastructure and excellent connectivity have led to fast development of the city. Dwarka-Gurgaon Expressway, Golf Course Road, Golf Course Extension Road, NH-8, Sohna Road, Southern Peripheral Road and the surrounding areas are noted as best locations for realty investment for both end-users and investors. Golf Course Road, located very close Mehrauli Road, makes it a good investment hotspot in Gurgaon, while the projects on Dwarka-Gurgaon Expressway are close to the IGI Airport.
Realty experts say that, the buyers will not be disappointed at Gurgaon, as they are sure to get properties offering huge potential for appreciation. Any new launch by leading developers are expected to provide enormous profit on investment.
The demand for housing in Gurgaon is mainly driven by the employment generated within a 10-15 km radius of Gurgaon. Demand is also coming from buyers who are looking for a second home. NRIs also account for a majority of this demand. Corporate companies have also been buying flats in bulk to house their senior executives.
Gurgaon is witnessing increasing demand for luxury residential projects offering high-end amenities primarily by the new generation of high-paid professionals in the city. High-end residential projects are becoming the norm in this Cyber City with the new generation of highly paid professionals demanding world class properties; developers, too, have taken the cue and are tying up with a slew of international designers and architects to raise projects that rival the best anywhere in the world.
DLF has planned to launch 13-15 million sq ft of development in 2013-2014, of which 10 million sq ft will be in the residential segment, while it has earmarked 3 million sq ft for commercial segment and 2-3 million sq ft in the retail segment. Many other leading developers including MGF EMAAR, Raheja, Supertech Ltd, BPTP, Mapsko, have come up with their high-end luxury residential projects in Gurgaon.
Raheja Developers has launched Revanta, in Sector 78 in the heart of Gurgaon. Supertech Ltd, which has already launched Supertech Araville in Sector 79, has planned to develop an integrated township of high-end luxurious residential units set in the backdrop of the Aravalis in Sector 79, Gurgaon. Spaze Towers Pvt Ltd has launched Kalistaa in Sector 84. Mapsko Group has launched a new project, Mount Ville, in Sector 79, Gurgaon. Orris Infrastructure has launched Business Square, a premium commercial complex, in Sector 82A, New Gurgaon.
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[...] Gurgaon real estate promises good returns [...]
[...] Gurgaon real estate promises good returns [...]
[...] Gurgaon real estate promises good returns [...]
[...] Gurgaon real estate promises good returns [...]