Wednesday, 21 February 2018
DroneView Packages
This Old House - Do-it-Yourself

The Growing Demand for Apartments in Gurgaon and Other Cities

Written by Posted On Wednesday, 15 March 2017 09:37

Many significant changes have taken place in the real estate industry in India. In many cities, individual houses have been replaced by multi-storey apartments. Residential complexes with apartments are a common site in Gurgaon and other major cities. With urbanization, many real estate projects have come up that offer excellent housing facilities.

2 bhk apartments in Gurgaon 

Let’s look at some of the major reasons which are causing urbanization -  

The scope of employment brought people to cities. Agriculture is the main source of livelihood in rural areas. In India, agriculture is primarily dependent on monsoon rains, the rest of the times people from rural areas, remain jobless. So they migrate to cities for employment opportunities and gradually settle down in cities. The cities began to outstretch its boundaries to accommodate all and thus urbanization occurred.

With time, more and more people began to be educated. They did not want to stay back in villages. They no more engaged in agricultural activities. Instead, they moved to cities in search of a job. Education also taught them to use technology and other resources which are not available in villages. So they shifted to different cities for these facilities. While on the other hand the city limits are limited so they had to outstretch the city boundaries and a large portion of the rural to semi-rural areas were converted to urban projects.

In cities like Gurgaon, a number of domestic and international companies have set up their operations. IT professionals from different cities come to work in Gurgaon. They need homes where they can stay comfortably. The growth of IT sector has played a key role in the rising demand for 2 bhk apartments in Gurgaon.

The other major cause which has enhanced the pace of urbanization is modernization and change in the lifestyle. People have become habituated to the use of sophisticated technologies, better infrastructure, effective communication and medical assistance. For this reason, they choose to settle down in cities.

The Rising Demand for Homes in Gurgaon

Not just major metros like Delhi but its adjoining areas are also becoming densely populated because of people pouring into the city for employment, education, and healthcare or simply for the sheer pleasure of city life. Gurgaon is one of such place which has been swept over by a huge number of homebuyers. The real estate developers have come up with several projects that offer beautifully-designed apartments in Gurgaon. These apartments have been designed keeping in mind the needs and requirements of modern families and offer world-class amenities.  

There are several types of apartments in Gurgaon such as -  

a. Ready to move in Apartments: These apartments are in great demand because of their high utility and the fact that you do not have to wait for possession.  

b. Under-construction Apartments: These apartments are highly popular as they are more affordable and can be easily booked.  

c. 2/3 BR Apartments: This is one of the most common types of apartments that have standard spacious rooms with basic amenities and neat designs to facilitate modern day community living.

d. Luxury Apartments: Owning a dream house is what most modern day individuals aspire for. These apartments are super spacious and are equipped with modern amenities and latest technology meant to offer both comfort and luxury.  

For those who’re looking for apartments in Noida, there is no dearth of options. However, it is important to carefully consider all the important factors before buying an apartment. Only when your needs and requirements match the features of an apartment, you should make a final purchase. There are many reliable developers that offer an extensive range of apartments to homebuyers. Choosing a reliable real estate developer will make it easier for you to purchase your dream apartment.

Rate this item
(0 votes)
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.

Realty Times

From buying and selling advice for consumers to money-making tips for Agents, our content, updated daily, has made Realty Times® a must-read, and see, for anyone involved in Real Estate.