Gurgaon has outstanding connectivity to the Delhi NCR by road and Delhi Metro. Gurgaon, as a forthcoming city is very well-designed and offers an ease of travel in and around the city with extensive roads and a first class traffic management organization. Also, the presence of a large number of reputed educational institutions, hospitals and corporate offices has made Gurgaon a leading locale for real estate investment. More and more number of people are investing in Residential Properties in Gurgaon.
Owing to the rise in the number of corporate offices coupled with world-class infrastructural facilities there is an ever-increasing price of residential properties in Gurgaon. The growing real estate projects are luring investors owing to assured return projects in Gurgaon. Gurgaon is one of the leading fast paced emergent cities in India and a large number of international business corporations are looking forward to launch their branches in this part of Delhi NCR region. This is principally due to the space crisis in the capital city Delhi.
Given below is an analysis of the pricing trends of real estate in Gurgaon.
As per latest research conducted by well-reputed organizations Gurgaon has evolved as one of the top locales for residential investment in the country.
The residential property bazaar in Gurgaon has observed 25-30% price alteration from their peak values that has eventually been advantageous for the investors and the end-users.
It is worthy to note that DLF Ltd, the biggest listed firm in India has enlarged its stake in DLF assets by 91%.
DLF has declared that one of its units has bought 245 million compulsorily convertible preference shares in DLF Assets from the private equity firm SC Asia Pvt Ltd. for Rs 3,085 crore or $696 million. The buying of shares from SC Asia is DLF's step towards consolidating shareholding of DLF Assets.
The real estate division of the Tata Sons Ltd has intends to invest Rs300-400 crore to buy lands for residential property expansion all over India. Tata Housing plans to commence two new housing projects in Gurgaon.
The Emaar MGF is all geared to spend Rs 500 crore for building a housing project for the middle income group.
The investment on Palm Hills at sector 77 is a propos Rs 500 crore apart from the cost of the land.
After many years, the Ansal intends to make a comeback in the Gurgaon realty sector with its Rs 1,000-crore residential project in sector 67. The builder plans to initiate numerous other ambitious projects. The HDFC is funding 85% of the project while the builder would get the rest from the clients.
In recent years Gurgaon has witnessed large scale mixture of commercial and residential space due to the escalating demand for residential properties. This in turn has given impetus to growth in employment opportunities within Gurgaon.
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Ever-increasing Price of Residential properties in Gurgaon