See How The Real Estate in Gurgaon Conquered the Market
Arun Kumar 13 November 2022Gurgaon is also known as Gurugram and is located in northern India's state of Haryana. Located near the border between Delhi and Haryana. It is approximately 30 kms (19 mi) southwest of New Delhi. Chandigarh, which is the state capital, can be found 268 kms (167 miles). It is India's National Capital Region's largest satellite city and one of the major cities.
Real estate in Gurgaon is among the fastest growing real estate in India. Gurgaon has been a popular destination for commercial and residential properties since its inception as an industrial city in 2004. The city is known as “Millennium City” because of its proximity to many large estates, which have helped it become one of the most sought after cities in Haryana state.
Gurgaon houses many IT companies like Infosys, Wipro etc., which are located near DLF Promenade Mall; these companies provide jobs to thousands of people who live here permanently or temporarily while working on projects there. Gurgaon has also become famous due to its large number of malls such as Westside Mall , DLF Promenade Mall , City Center Mall etc., which offer wide range shopping options for all age groups.
A lot of IT Companies are Operational from here.
Gurgaon is one of the fastest growing cities in India, and it has become a hub for IT companies. The city has been recognized as one of the best places to live and work.
You can find many IT companies operational from here, including Microsoft, Zoho (a business software company), Google, LinkedIn (a professional network), and Amazon Web Services (AWS). These companies have large numbers of employees who work on projects related to their businesses by using various technologies such as cloud computing platforms like AWS or Azure; big data analytics platforms like Hadoop & Spark; machine learning engines like TensorFlow; mobile applications development tools such as React Native etc.,etc.,
There is a Huge need for Residential Property in Gurgaon.
There is a huge need for residential property in Gurgaon. The demand for residential properties has increased over the years, and there is no shortage of people looking to buy or rent a house or flat.
The following are some factors that make Gurgaon such a popular place for buying property:
-
It's located in one of India's most populated cities, Delhi NCR (National Capital Region), which makes it easy to get around using public transportation and taxis.
People like the Concept Sharing Economy.
The concept of sharing economy is not new to India. As a matter of fact, it has been around for a long time. But with the increase in smartphone ownership and internet usage, people are getting used to this idea of sharing things like homes, cars and even bikes.
The sharing economy is based on peer-to-peer systems where people connect with others who have resources that they need without having to pay anything in return for these services or products.
The City has the Largest Mall in Asia.
The mall is called the Great India Place. It has a huge area, over 1 million sq ft and 350 shops in it. It also has a theatre, ice rink and food court where you can enjoy your meal or watch movies after shopping for hours at this impressive mall.
Prices are Affordable.
In the last few years, Gurgaon has become a popular destination for real estate. The city has many attributes that make it a great place to live in: it’s close to Delhi, and there are plenty of jobs available at all levels. However, if you want to buy a house or apartment here, you may be surprised by how expensive the prices are compared with other cities in India.
In fact, some people think that even though Gurgaon offers many advantages over other places around India, its cost of living makes it difficult for families who live there without earning high salaries from their jobs outside of work hours at home
People are Buying Properties in Gurgaon like Never Before
The real estate in Gurgaon is on fire. With its affordable prices, the city has been attracting new buyers from all over India and even abroad. The IT sector is a major reason why people are buying properties in Gurgaon like never before.
The demand for residential property has been growing steadily since 2008 when the real estate market hit rock bottom due to high interest rates and inflationary pressures on global markets but things have changed now with supply being tight as well as increasing demand from investors who want to invest their money into something secure with good returns over time rather than risky investments like stocks or mutual funds which can go down by 20% at any given point of time depending upon market conditions etc..
People also prefer living here because there are many amenities available such as malls, schools and hospitals nearby etc...
Conclusion
If you are wondering about the future of real estate in Gurgaon, then it is a great time to buy property in this city. With many more developments coming up, you’ll have even more options and choices. So if you're looking for a new home or apartments in Gurgaon, then contact us today!