Factors That Attract Potential Home Buyers Towards Gurgaon

Gurgaon is one among the few cities in the country that has witnessed rapid development in terms of economy and infrastructure. This growth has helped the city in real estate development as well. For those of you who wish to buy apartments in and around the National Capital Region, Gurgaon offers the best bet. Its high-end infrastructure, amenities, well-laid roads, easy connectivity to neighbouring cities, has made investors to flock towards Gurgaon real estate and launch several new projects. The recent boom in real estate market can be mainly contributed to the metro rail that connects the Gurgaon city with the country’s capital city Delhi. So people who cannot afford to buy a flat in Delhi can very well choose flats in Gurgaon for their investment as they can travel to Delhi easily for work.

While there were unexpected slow slowdown in the real estate market of Gurgaon in the previous two years, the market has now getting on to a stable mode after inviting in new projects. Now Gurgaon builders have started to see Gurgaon as a best place for investment. Gurgaon has a lot of localities have a good reason to mention them as best one for investment. The area around the Northern Peripheral Road with its rapid development have promised to offer a high return of interest in another few years. Its close proximity to the airport and to Delhi has fetched it a peak position in Gurgaon real estate. This Dwarka-Gurgaon link expressway or the Northern Peripheral Road also helps people to avoid traffic during the peak hours on the Gurgaon toll near Delhi. With such expected appreciation, this sector is ideal for potential home buyers. Other sectors of Gurgaon, which are also making their move towards becoming a residential destinations are Sectors 80, 81, 82, 85, 86, 90, 92, 93 and 95.

Gurgaon real estate has gained a promising place in Haryana in just last two decades owing to its infrastructural development and government support. With favourable tax policies given by the state government to the investors, Gurgaon has emerged as a well-planned development area. Also the Haryana Urban Development Authority (HUDA) has taken several steps towards making Gurgaon a developed city with both social and physical infrastructure.

The Gurgaon-Manesar Master Plan 2025 proposed by the government will help in bringing out a large parcels of land to convert as real estate corridors. This new plan by the government had allocated 14,930 hectares of land for residential projects. Most of the new real estate developments planned in Gurgaon are expected to launch in these areas. With this new effort by the government, areas such as Sohna Road, Bhiwadi, Golf Course Road, Dharuhera, Pataudi Road, Jaipur Highway, and sectors 37, 37D, 80, 81, 82, 90, 92, 93 are expected to emerge as residential corridors. This availability of land has attracted builders and investors to launch new projects and build flats in Gurgaon.

Apart from these compelling reasons, there are also other driving forces that attract potential buyers here such as a large opportunity from the IT and IT companies that have flagged their offices here in Gurgaon. So people working in the NCR region does not want to stay in the already overcrowded Delhi, which force them to shift bases to flats in Gurgaon.