Thursday, April 16, 2009

Property Investment in Gurgaon


Gurgaon is located in Delhi NCR. The city got its name from the name of guru dronacharya, the village was given to him as gurudakshina by his students, the pandavas and it came to known as guru-gram, which in course of time got changed, and is called Gurgaon. The city Gurgaon, is surrounded by Delhi and Rajasthan. Gurgaon is about 32 kms away from Delhi. Despite its existence from the time of pandavas, it was unnoticed from the eyes of builders of India till the last centuary. The distribution of companies like IT services, plethora of BPOs and KPOs firms, pharmaceutical firms, several auto-manufacturing facilities also exist, the outsourcing boom has led rapid growth in employment prospects and local wages, leading to a mushrooming of shopping malls, restaurants and entertainment facilities. Due to the fast growing population with increasing purchasing power has created the requirement for housing which results in the increase of property price in recent years in Gurgaon and NCR .

Gurgaon is one of the outsourcing destination of India, housing multinationals like alcatel, hcl technologies, daksh, agilent, ibm, ge, vertex, american express, siemens and convergys. Other most recognised companies like hitachi metals, coca-cola, pepsi, hp, gilette, general motors, trinity bpm, nestle niksun have made there corporate head offices in Gurgaon. Many professionals have made their home in Gurgaon. Due to the fast growing population and there increasing requirement huge demand of housing has increased in Gurgaon. Many big builders like omaxe, dlf and the ansals have built residential colonies in Gurgaon resulting in shifting of people in Gurgaon which has also affected the property rates. People who have invested here are lucky in terms of price, rental income and security. Gurgaon is peaceful city where the crime rate is less in comparison to other cities.

The Gurgaon city, which is trying to embrace its modernity and globalized economy.The sustainability of properties in Gurgaon growth depends on the infrastructure that plague it. So, come and take this opportunity of to invest in Gurgaon before the price goes beyond your limit. You can treasure the pride of investing the most precious property in the most emerging city that is Gurgaon. Get the property developed by most reputed developers like DLF, Unitech, vipul, vatika, ansals and parasvnath etc.

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