Property in Gurgaon
Properties in Gurgaon have attracted most of the real estate investors across the globe. Gurgaon, being famous by the name of the ‘Millennium City’, has all in it to be called by this name. Gurgaon has world class infrastructure, shopping malls, high class offices & luxurious residences etc. to name it Millennium City. Gurgaon is located on the South west of national capital of India, Delhi.
If you want to purchase a new property in Gurgaon, you can opt Sohna Road, Golf Course Extension Road, new Gurgaon or Dwarka Express way. Big reputed developers like DLF, Tata Housing, Sobha Developer, IREO, BPTP, Vatika, Godrej etc. have their couple of projects to choose from. You can choose from multistorey apartments to villas or plots. These areas & properties in Gurgaon always saw a good demand from investors for new homes. Many new projects in Gurgaon are coming up in these areas. Dwarka Expressway is most favorite among the investors for new projects.
The prices of property in Gurgaon appreciate by an average of 20 to 35 % per year. In 2012 & 2013 only few new projects were launched which further strengthened the prices due to decrease in the supply of inventory. Real estate developers like DLF, Tata Housing, Sobha Developer, IREO, BPTP, Vatika, Godrej who have already executed & delivered large projects in Gurgaon, opened fewer new projects in Gurgaon in this period. This was done to focus on existing projects and old inventory absorption. The inventory clearance rate in Gurgaon is is still the highest in India.
In our view, in the current market scenerio of real estate, if you want to invest than choose to buy a property in new projects in Gurgaon, which can give you better returns as compared to other cities in India.