Gurgaon records the fastest growth in real estate
Gurgaon has registered the fastest growth in the real estate sector in the country.
Developers are flocking to the region to launch new projects after prices shot up by as much as 25 per cent in the last one year. Big realty players like Godrej Developer, Tata Realty from Mumbai and Sobha Developers from Bangalore have launched their projects in Gurgaon.
Gurgaon emerged as a hub for IT and IT-enabled services in northern India. Owing to its proximity to the national capital Delhi, several Fortune 500 firms opened their offices here, too, employing hundreds of high-income professionals. The residential market started to flourish as these people tend to buy houses in Gurgaon itself.
To meet the demand supply gap of residential realty, the Gurgaon-Manesar Master Plan-2025 has been finalized. With the master plan being finalized, the availability of land for development and the avenues for new growth corridors have opened up. The new master plan allocates 14,930 hectares of land for residential use and paves the way for the city to grow.
Developers, Fortune 500 firms, Godrej Properties, Gurgaon, Gurgaon real estate, Gurgaon real estate market, Gurgaon-Manesar Master Plan-2025, Indian real estate, IT industry, Real estate in Gurgaon, Real estate in India, Real Estate India, Real Estate Sector, Realty News, Shobha Developers, Tata Realty
[...] Gurgaon records the fastest growth in real estate [...]
[...] Gurgaon records the fastest growth in real estate [...]
[...] Gurgaon records the fastest growth in real estate [...]