The real estate industry is very active and ever-changing. Affordable homes based on people’s needs and commercial feasibility is the critical targets for real estate companies. India has many significant economic and social hubs, one of the most promising being Gurgaon in Haryana. But why the buzz around Gurgaon?
What Are The Special Features Of Gurgaon?
Gurgaon is the biggest and most expansive city in Haryana. If one looks at the map of Gurgaon, the National Capital Region towards the northern borders of the Aravalli Mountains is where it lies. It is a city with a lot of business prospects and excellent infrastructure. It is also an educational epicenter with several prominent institutions, such as the Indian Institute of Planning and Management.
The city is also culturally and spiritually rich, with many famous temples and other religious shrines. Gurgaon city area has different sectors. These are well-planned, with world-class schools and other recreational places situated in its vicinity. Apart from this, proper healthcare and medical centres are present.
What Makes Gurgaon An Ideal And Affordable Investing Destination?
The most frequent question is why real estate in Gurgaon is in high demand. The “housing for all” aspect of the “Affordable Housing Policy 2013” answers the previous question. Under the ambit of this scheme, the government pre-determines the project’s rate, tenure and size. The location of Gurgaon is an ideal one. The area has both NH-8 and Dwarka Expressway crossing this area.
The superior connectivity of the expressways makes commutation easy and hassle-free and the strategic location advantages residents here enjoy are premier, world-class. With its state of the art infrastructure, the highest percapita income and futuristic extravagance, Gurgaon is truly the millennium city.
Some Of the Driving Forces Making Gurgaon an Investment Hotspot is: –
- Extensive choices and better Investment Options
Due to the low-interest rates and high ROIs, there has been an increase in plots, villas, flats and residences. To the tune of $14.9 billion, a large chunk of NRI investment flows into northern Indian states. Gurgaon is one of the top choices. Policies such as Real Estate (Regulation and Development) Act 2016 [RERA] have further vitalised the Gurgaon real estate market.
Gurgaon is a booming entrepreneurial hub with over 250 Fortune 500 companies. The IT industry is also flourishing here. Thus Gurgaon is quite famous amongst working professionals looking for an ideal living spot. With a significant demand of NRIs looking for property, these are very encouraging trends for the real estate market.
- Superior Infrastructure Development
People are much more affluent these days. This has led to a significant lifestyle shift, causing an increase in luxury apartments. The wealthy are investing in more spacious and lavish houses. There is demand for opulent housing complexes with round-the-clock security and modern amenities. The highly sought-after facilities include a gym, spa, tennis courts and swimming pools.
- Accessibility And Connectivity
With modern amenities such as renowned international schools, shopping malls, cinema halls, restaurants and hotels etc. Gurgaon real estate provides the perfect, vibrant residential conditions for futuristic and smooth living. Other positive contributors to these ideal cosmopolitan residential conditions are greenery, walking and cycling conditions. The concept of ‘walk to work’, staying close to the workplace, is very convenient.
Gurgaon has excellent connectivity at its disposal. It enjoys seamless connectivity to the international airport and railway stations of Delhi. NH-8, Southern and Central Road and other key Expressways provide major business connection routes. The Dwarka Expressway will also offer a boost to the real estate life in the area.
- Best Places To Live In Gurgaon
Gurgaon is one of the best residential and housing areas in India. Gurgaon has an estimated 1100 high-rise buildings, making it one of the top-rated places in the country in terms of accommodation. Places like Aralias, Gurgaon One and Hamilton Court are prominent condominiums. The city is officially divided into Old and New Gurgaon. One side houses the new metropolitan area, and the other the government administrative area.
With so many options, choosing a good home in Gurgaon is critical. This is where Winworld Realty real Estate comes in. It is one of the trusted partners for affordable housing in Gurgaon. Post pandemic situation has further emphasized the importance of luxury in our lives. All these reasons will favour Gurgaon as a healthy real estate environment for the future.