As per a survey by PHDCCI, Gurugram has surfaced as the most lucrative destination for real estate investments in NCR, closely followed by Delhi and Noida. Also dubbed as the Millenium City, its above-average concentration of the educated dwellers has changed the skyline and the destiny of the city.
Top 5 Reasons to Invest in Gurugram Real Estate
A small excursion around the city would reveal some very swanky high-rise towers and landmarks backed by the biggest names in the real estate fraternity, like Emaar, Shapoorji, DLF, Godrej and Adani among some countless others. But what is it exactly that draws the developers and investors alike to the region and why should you get on this bandwagon?
Proximity & Accessibility
Gurugram resides at a mere distance of 35kms from the capital which makes it an attractive hub for investors looking to invest in Delhi in affordable bandwidth. A host of commuting opportunities like national highways, the ever-expanding metro network, and rapid expansion and modernization plan of the roads make it even easier to enjoy being in the capital without the hassle.
Well-Developed Facilities & Amenities
With the advent of a conscious population, Gurugram has also become the home to some of the best lifestyle amenities. A plethora of swanky malls, well-manicured public parks, pubs & restaurants, best healthcare facilities and some of the top hospitality chains have mushroomed across the city. Some leading educational institutions from across the country also have their centers set up in the city.
The presence of offices of close to 300 of the Fortune 500 companies in Gurugram makes it an interesting pick for anybody looking to get into a white-collar job or connections for a venture. The abundance of upscale commercial spaces equipped with ample retail opportunities sounds like a great investment. No matter what means of bread making you utilize, Gurugram sure has something for everybody.
High Rents & Appreciation
Being home to a myriad of corporates, Gurugram attracts some of the very highly trained and educated individuals, also known as the floating population who eventually tend to settle down in the cities their job calls for. This working class is keen on finding rental homes and does not mind higher rents in exchange for facilities and amenities. Besides putting your property on rent, the price trends of Gurugram real estate do indicate that you can expect sound returns on your investment in Gurugram as the curve of appreciation is not coming down anytime soon.
Caters Every Price Point
Whether it is a luxurious studio apartment or a modest 2BHK for a small family, a posh penthouse enveloped by openness or a secluded villa, a small commercial space for a startup or full-fledged office for hundreds, Gurugram surely has something for every palette within their means. As a matter of fact, Gurgaon has a hefty share of 52% among the newly built properties in Delhi-NCR. The healthy competition ensures that you do end up getting value for your money.