Real estate market in Gurgaon
Predicting the real estate market down the lane by next five years, the developers and realty experts say that one can expect launch of maximum 1,50,000 ready flats by the end of year 2015 in the Gurgaon real estate market.
This rough data was scaled going by the number of licenses issued to the real estate developers for the construction of apartments in Gurgaon.
Taking a look back, Gurgaon city alone launched close to 55,000 during the year 2010.
However, the downtrend is that till date Gurgaon city has more than 1.10 lakh plots inclusive of few left vacant, under construction since years, illegal apartments and many such.
The major drawback for the lakhs of apartments not be sold out is, the non-availability of basic infrastructures like; sewerage, connectivity, power and water shortage!
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Source: The Times of India
Apartments in Gurgaon, Construction of apartments, Developers and realty experts, Gurgaon, Gurgaon city, Gurgaon real estate market, Illegal apartments, Lakhs of apartments, Non-availability of basic infrastructures, Power and water shortage, Real-estate market, sewerage
