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Why Investing in Gurgaon Real Estate is a Smart Decision?

Written by Posted On Tuesday, 27 September 2016 23:12

The real estate market has always been blooming. After all real estate is a thing like wine, the older the better. Therefore, when it comes to dependable investment options, experts never miss to mention the real estate sector. 

In India, Delhi NCR is the hotspot when it comes to lucrative real estate options. Among the cities in NCR, Gurgaon is undoubtedly the first in the league given the following reasons which are discussed further.

Eldeco Accolade - Late Evening

 

The price surge despite the low period in 2015

In 2015, there was a stagnation of the price of properties across the country. The rate of sale, resale and purchase of property was rather sluggish. The developers had to break the speed of construction work of several projects because the investors had gone on a back foot due this economical hit. However, properties like penthouses and apartments in Gurgaon remained unaffected of this fall in the market value and saw a considerable hike even during the low period.

Its Strategic location

Gurgaon situated in the heart of NCR region enjoys a strategic location. It is very close to Manesar which is famous for its resorts and is another upcoming IT hub. It is hardly a 30 min drive from here.

Gurgaon has a quick access to Bhiwadi as well as it is well connected via national highway number 8. Bhiwadi is another upcoming Cyber Hub located in Rajasthan and falls under the category of NCR cities. 

It is a Commercial Hub

Besides being well connected to other commercial hubs, Gurgaon itself is a giant commercialized area. One can find the offices of reputed MNCs like Google, Accenture in the structurally marvellous official complexes of the city. 

Gurgaon is also a hub of startups and hence one can find several SMEs growing rapidly in the area. The number of recreational commercial centers is also huge because of the presence of working professionals.   

Numerous Residential Complexes

As has already been mentioned, Gurgaon being a commercial hub attracts scores of new dwellers. Therefore, one can spot several delivered and upcoming residential complexes, which aim at delivering luxurious apartments to its dwellers. 

These complexes are equipped with centers such as community complexes, gymnasium, basketball court, swimming pools etc., and also facilitate the basic necessities like electricity and water supply to its residents. 

Intercity Connectivity

Another reason why people prefer to settle down in Gurgaon is the city’s great connectivity via road and metro. The DMRC’s yellow line extends up to HUDA City Center, which makes travelling to Delhi faster and hassle free. Also, the city has its own Rapid Metro, which connects one of the most important circles of the commercial area as well as official complexes.
 
Hence, we see that Gurgaon is growing at an unprecedented rate. The property bought now would yield high returns in the future and meanwhile, one can reap benefits in the present by renting it to tenants. Thus, investing in Gurgaon real estate is indeed a smart decision.

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Eldeco Group

Eldeco Group has been in the real estate business from 1975 and since then, it has delivered more than 150 successful projects. With more than 35 years of experience in the construction industry, it has managed to become one of the leading names in the real estate sector of North India. Be it spanning townships, high-rise condominiums, office complexes, industrial estates or malls, this real estate group constructs every project with excellent quality and superior construction technology to ensure high level of consumer satisfaction.

www.eldecogroup.com/

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