4:50 AM
The
Gurgaon real estate market is growing at a steady rate be it in terms
of Retail, Residential or Industrial space. Most of the absorption in
Delhi NCR is likely to focus around Gurgaon and Noida, reason being
the provision of much desired amenities in these areas.
Reality players like DLF, Ansal API, EMAAR MGF, Assotech Realty, Microtek
Infrastructures, Supertech, Amrapali, Gaursons India Ltd, etc, are
coming up with new commercial projects in the NCR.
Thus,
private sector is revamping
NCR’s
environs, bringing in the much-needed impetus to the sector.
According to realty experts, the impact of the subdued economic
sentiment and the rising inflation rate on the realty market, and the
attractiveness of a city’s business environment, can largely be
gauged by evaluating the health of commercial realty in that city.
The
key factors that have fostered the rapid Realty growth as well as
people’s interest to invest in residential apartments in Gurgaon
include:
CLEAN
AND GREEN
The
increasing pollution has deteriorated NCR’s environment to a great
extent but still there are regions like Gurgaon in NCR where this has
been kept well in consideration which is evident through the fact
that large spaces are allocated especially for parks and gardens.
This enhances the beauty of this area while keeping air clean and
fresh.
CONNECTIVITY
In
the hustle bustle of today’s busy life, easy connectivity from home
to workplace and vice versa, as well as to other places becomes a
necessity. And Gurgaon offers it all, you get less traffic, wider
roads and most importantly the MNCs are located in close proximity.
“Impact of improving infrastructure: New and forthcoming growth
corridors along Gurgaon and Noida like Yamuna Expressway, Noida
Expressway, and Dwarka-Gurgaon Expressway have recorded tremendous
increase in commercial and residential activities in the past few
months and will continue to drive the commercial market activity.”
Says Shravan Gupta, Executive Vice Chairman and Managing Director of
Emaar MGF.
SOCIAL
INFRASTRUCTURE
The basic necessities including educational institutes,
medical facilities, and entertainment hubs are abundant in Gurgaon
and moreover Realty Developers are inclined towards providing all
these to attract more and more people to invest in this location.
The quality of life that is accessible in Noida and
Gurgaon is quite superior. Further, the new developments like Emerald
Hills by Emaar MGF which is an exclusive gated, secure, impeccably
planned development in Gurgaon where all the residents' needs are
within easy walking distance. Apart from this, the lavish outdoor and
indoor spaces, parks, sports facilities and shopping centres complete
the living experience.
Gurgaon
has an abundant supply of luxury homes, which keeps the elite class
interested in this area. The standard apartments feature spacious
living rooms with attached balconies overlooking communal gardens and
amenity building, grand entrance lobbies, high speed elevators,
elegant lift lobbies and much more which catches the attention of
people longing for luxurious living in NCR.
According to, Mr. Ashish
Jerath, Sales Head (North), Emaar MGF, “Emaar
MGF by virtue of its lineage, leverages expertise in developing
unparalleled luxury housing in India. The launch of Marbella marks
the commitment of Emaar MGF to continuously develop properties with
modern design concepts of international standards”
The fact that Gurgaon continues to be the first stop for
MNCs, speaks volumes about the sub-city. It is heartening to see
authorities to be in tune with the time and planning infrastructure
for new areas as per changing needs. “Real estate in Noida and
Gurgaon has picked up and continues at a substantial rate because
people find jobs in close proximity” says Nitin Batra, owner of
Nitin Associates, a local consultant.
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