Gurgaon has always been a popular property investment destination in Delhi-NCR, and demand has increased in recent years. Since the country opened its economy to international investment, the city has been projected as a poster boy for an IT city.
With the highest per capita income, best connectivity, and upscale infrastructure, Millennium City has grown into a significant residential and industrial hub, attracting buyers worldwide. It is always on the radar of high-value investors and millennials who want to own a home in this global city because of its futuristic charm and extravagance combined with sustainability.
As a result, the residential real estate market here is quickly becoming a hot favourite of not only the ultra-rich but also fast-rising millennials, propelling the growth of all housing development formats.
Let Us Look At Some Of The Major Reasons To Invest In Gurgaon
Better Investment Opportunities And Broader Options
Corporate executives and even NRIs seek upscale residential spaces from branded and reputed developers; the residential market is brimming with opportunities. As a result of the low-interest rates and higher ROI, sales of plots, flats, villas, and residences have increased.
According to industry estimates, NRI investments in Indian real estate totalled $14.9 billion in FY22. A significant portion of this investment went into the north Indian real estate market, with Gurgaon being the preferred destination. The depreciation of the Indian rupee, historically low-interest rates, and an increased desire to own property at home have prompted NRIs to invest in India’s real estate markets.
The Real Estate (Regulation and Development) Act 2016 (RERA) and other policies have significantly boosted the real estate landscape in Gurgaon.
Gurgaon has a high demand because it is home to over 250 Fortune 500 companies and has an entrepreneurial culture. Furthermore, it is one of India’s major IT hubs, so it is very popular among working professionals looking for a comfortable place to live.
According to a Consumer Sentiment survey conducted last year, a significantly higher percentage of NRIs also look for premium apartments. According to the survey, at least 53% of NRI respondents who plan to buy property in India will do so for personal reasons, while 47% will do so for investment purposes.
Wellness And Socialisation Infrastructure
The well-off are looking at these spaces to escape the mundane life and go for spaces that mirror comfort and luxury, which has been a key driver behind the acceleration of luxury housing. According to Sotheby’s Luxury Housing Outlook-2022, up to 67% of high-net-worth individuals plan to purchase a luxury home in 2022.
Gated condominiums with round-the-clock security and cutting-edge amenities such as a clubhouse, gym, spa, tennis court, badminton court, and swimming pools are in high demand.
Modern Conveniences, Accessibility, And Audio Connectivity
Gurgaon’s vibrant business districts, and developed social infrastructure with renowned international school for rent in Gurgaon, modern hospitals, numerous shopping malls, entertainment facilities, restaurants and hotels, cinema halls, and so on, perfectly complement the city’s forward-thinking charm for a hassle-free lifestyle. Immersive lifestyle, accessibility, outdoor sporting amenities, greenery, walking and cycling tracks, and other factors contribute to the glory of this cosmopolitan city.
Furthermore, the concept of ‘walking to work is a catalyst, and the preference for staying close to workplaces has shaped the city into a desirable residential real estate hotspot. The city has excellent connectivity, as well as excellent road and metro infrastructure. It has direct access to Delhi’s international airport and major railway stations, as well as easy access to Faridabad, Delhi, and key areas of the NCR region.
The key lodestones for the region’s rising businesses include the NH-8, Southern Peripheral Road, Central Peripheral Road, SPR Extension., and KMP Expressway, among others. The upcoming Dwarka Expressway will add significant value to the region’s real estate in the near future.
The Future Looks Bright
Recently, there has been a significant shift in consumer attitudes toward the residential real estate market, with large spaces nestled among verdant greenery gaining prominence. The residential sector expanded rapidly in January-March 2022, with demand increasing by 4.6% in 13 Indian cities.
According to the Magicbricks PropIndex Report, Gurugram grew by 9.6 percent. Furthermore, the pandemic has reaffirmed the value of comfort and luxury in residential real estate, which is encouraging. Going forward, the Gurgaon real estate market will benefit the most from the favourable trends and environment.
Best Location To Invest In Gurgaon Real Estate
It is regarded as a major industrial centre, so maximum International investors prefer it because the locations are close to main Delhi and other NCR regions.
Investment Opportunity with High ROI- Because Gurgaon is the third-largest city in terms of per capita income, many investors dream of purchasing commercial property there. Furthermore, it is India’s prospective and rising industrial and financial hub; thus, investing in Gurgaon real estate now is a good investment if you expect higher earnings and returns in the coming years.
Good residential properties- To meet people’s ever-increasing residential needs, many developers have launched various initiatives. As a result, you’re more likely to find a home that meets both your needs and your budget.
I’d like to inform you that the new Smart City Projects on Dwarka Expressway are the best places to invest. The Dwarka Expressway is very close to Gurgaon as well as the IGI airport, and it has excellent metro connectivity. The zone’s projects are being developed with world-class facilities and would be ideal for living.
If you want to invest in real estate in Gurgaon, I recommend Dwarka Expressway because it has been designated as a national highway. Everyone knows that wherever M3M launches any of its projects, that location becomes prime because M3M has a very good future vision, as demonstrated on Golf Course Road.
Golf Course Extension Road is also a good place to invest in Gurgaon real estate, but the prices are already high, so the percentage appreciation will be lower than on the Dwarka Expressway.
You can contact me and I will recommend the best properties that have the best chances of appreciating in the future. I did the same thing with all of my investors, and I have very good relationships with all of them.
