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.

Why to Buy Property in Gurgaon?


The initiative taken by the Haryana government for inviting investments in Gurgaon has brought active growth in knowledge based industries like IT sector. This has created demand not only for the commercial sector but also for the residential properties in Gurgaon as well.
Developers like DLF, Vipul, Omaxe, Vatika, JMD, Unitech etc. are using the concept of workspace, clean evironment, urban living etc.
Various malls in Gurgaon gives the privilege to commercial and residential sectors to satisfy there needs.There are large number format retail stores in Gurgaon which are changing radically according to size and category. Gurgaon has become the commercial hub of India as commercial centers like Pace City, Udyog Vihar, IMT Manesar and InfoCity in Gurgaon as well as office space in commercial building have catapulted Gurgaon.
The metro rail connection, proposed expressway to Jaipur and the Special Economic Zone being developed by Reliance Industries are adding value to Gurgaon builders and owners. The residential segment includes Bungalows, Houses, Villas, Flats, Farmhouses, Penthouses and many more. All the residential units have power backup club house facilities, multiutility hall, swimming pool, health care and children play ground.
Other areas are also developing fast like shopping street on Sohna Road, National Highway 8, Dlf Phase I, Dlf Phase II, Dlf Phase VI and many more.

Real Estate Options in Gurgaon

As Delhi has been marked at the second place in terms of market size so large number of people are moving towards buying property in neighboring places of Delhi. Many property consultants say that the rates of real estate in Delhi and its neighboring place will rise soon. This can be one of the reason that people want to buy property in these areas.
Gurgaon, is one of most demanding place in NCR for residential and corporate sectors. One can find all the leading business organizations and multinationals located in the beautiful environment of Gurgaon. The real estate of Gurgaon offer sites for residential as well as commercial aspects. It will surely prove a good investment in the times to come.
Investment in Gurgaon is not only enjoyed by corporate sectors but also by the people who are purchasing for residential purpose. It is well known that the property rates in Gurgaon are higher than other places but then also people are investing here because they are well aware about the advantage that will follow in the coming years.
Various projects have been started in Gurgaon to offer accomodation and some luxurious amenities to a large number of populations. The developers in Gurgaon are constructing and designing the commercial and residential property in such a way to meet the needs of the buyer. The main consideration has been given on spaciousness and clean evironment so that the buyer do not have to compromise on basic facilities and infrastructure amenities.

Real Estate in Gurgaon

Gurgaon is emerging as hottest destination for real estate. Real estate in Gurgaon has earned more prominence.Properties in Gurgaon are available by reputed builders like dlf, vipul, emaar mgf, parsvnath, unitech, vatika etc.There has been a sudden increase in the demand of gurgaon commercial as well as residential properties.
The initiative taken by the Haryana goverment in inviting investments to gurgaon has brought active growth in knowledge based industries like IT industry. Due to this the demand for office space and residential properties in Gurgaon has increased. There are many ongoing projects such as nirvana country by unitech, the palm springs, the palm drive, and the palm square by Emaar mgf, dlf park place in dlf city by Dlf.
Dlf group has started a new residential project dlf new town heights at sector 90 Gurgaon, new residential flats by Bestech India pvt. Ltd. in sector 67 Gurgaon, Tivoli group is building a new project tivoli holiday village dharuhera. Some major residential and commercial projects are coming up in bhiwadi, dharuhera and manesar which are located about 20 kilometers away from Gurgaon.
There has been a great demand for office space and residential properties in Gurgaon. Gurgaon has become a commercial hub of india due to demand of office spaces in corporate buildings as well as in commercial centers.