Real Estate - India

Real Estate is seen as backbone of Indian economy. Real Estate sector was ignored by investors for a long time but now it is the most favorable investment option in India. The popularity of real estate in India is determined from the fact that to buy a piece of land in the metropolitan area requires a person to pay a big amount. Most of the real estate builders are now focusing on 3-tier cities. Various builders are now investing huge amount to buy the large pieces of land.

It is clear that not only the metropolitan cities but also the 2-tier and 3-tier cities are also wooing investors. Another reason of this real estate boom in India is due to the emergence of shopping malls. Investors too are showing interest in malls in various cities.

The charm of real estate in India has drawn unwanted attention of mafia and gangster in this field. So, government has made strict rules in investment laws for real estate.

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.