The latest trend of buying flats in Gurgaon
It is believed
that the banks of the rivers are the most fertile region for farming, similarly;
a highway runs like a river providing a fertile bank for the real estate
activities to prosper. Such is the case
with NH-8 that runs across the length of Gurgaon, turning it into a millennium
city.
30 years ago,
there used to be literally nothing, not even a single person, ready to look
into that stretch of land, forget about investing in it. And today, the city stands as the leading
financial and industrial hub of India with posh residential establishments
populating it. Top-notch MNCs like Sapient, Dell, Microsoft, Mc Afee Inc,
Wipro, TCS, Siemens Power Engineering Pvt. Ltd and many more populate the city
along with Indian companies like Maruti Suzuki India Ltd, DLF, Eicher Motors,
Max New York Life and the likes. Today, you can compare and choose the best
parts of the land within the city which shall provide you with best returns in
future. That is the level it has reached.
The real estate
industry had actually seen a boom period because of Gurgaon. The city is a
reason of creating many job opportunities not only in the city but in India and
even internationally. In a recent statement of Google, it said that it is a key
influencer in letting the investors decide which property to choose and where.
These decisions are worth $43 billion for Google.
Comparing the
stretches of land within Gurgaon has brought the city to a level where its
certain parts can be called developed, developing and under developed. The
Ambience Group, which has its multiple projects in the city with both
commercial and residential, has Ambience Creacions in sector-22 which can be
classified under the category of developed stretch of land while that situated
in the stretch of emerging or developing category can be that in sector-86, New
Gurgaon, Microtek Greenburg.
Your search, for
example, for 3 BHK apartments in Gurgaon,
can be based on these outputs as the property prices varies with the
development that takes place. According
to the current real estate trends, which is not so promising, the builders are
stocked up with their inventories and are not finding any buyer even after
lucrative one plus one deals. Yes! I am talking about buy one flat and get
another absolutely free.
Thinking of a
resolution to this, the builders are now shifting their focus from building
large projects to smaller ones. How will it affect the end users? For example,
if one is searching for 2 BHK apartmentsin Gurgaon, the builder’s focus will be to deliver a 2 BHK within an area
of 500-600 sq ft which otherwise would have been 1,000-1,100 sq ft, with an
obvious price correction. So, that is how the buyers will be catered in the
coming times in Gurgaon.
1 comments:
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ReplyFlats for Rent in Sector 93-B