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Analysis Of The Gurgaon Residential And Developments In The Recent Past
Gurgaon real estate developments have seen a major upswing over the past decade in a bid to match up the demands for the upcoming new residential, commercial and industrial projects. As per the latest updates, there is about 8000 hectares of land under development which can be expected to grow even more phenomenally bonder the new master development plan which plans to bring the surrounding nearby regions under its cover.
The major real estate players which include biggies as Unitech, DLF, N R Buildcon and Raheja have already bought up spaces in Gurgaon Manesar Expressway and have started developing their townships in a bid to attract more and more buyers towards themselves. In fact, if the market trends are to b e believed, in the last three years alone, the properties capital value in Gurgaon has seen an annual growth of more than 50%. The average rental costs for 2and 3 BHK apartments have been ranging from around Rs. 8,000 to 25,000 per month
Beautiful green surroundings, an air of tranquility enveloping you, space well enough to stretch your imaginations around along with the availability of the most sophisticated ...
... amenities which include shopping malls and recreational centers spread all over the city as well as the state of art facilities in the hospitals, you name it and you are as sure to find it as easily as in a modern city you would. Even the social infrastructure has been also markedly improved over the years. With the new construction guidelines from HUDA heavily favoring the investors and the real estate developers, Gurgaon is all set to make it big and real estate market is going to witness a glorious flourish.
While considering whether residential or commercial is a better option, we must take into account another crucial factor, i.e., the time factor. Commercial properties witnessed a downward trend during the period of recession which engulfed almost all the businesses in its wake. Even the residential properties were not spared during this period. The real estate market has recovered well since that period and has been witnessing a phenomenal rise in demands for commercial as well as residential properties. A part of this success can be attributed to the better rise for the Government sector and growing corporate sector officials in the region. A number of Indians working in the foreign countries have returned back to their native places thereby increasing the demand for the residential properties.
Thus the analysis of the market as to which one of the residential or commercial sector would have a better the scope for investment, would reveal that both commercial and residential properties are proving to be excellent real estate investment options in the city.
DLF new projects in Gurgaon are the hottest properties in Gurgaon, DGS realtors being the major dealers of the DLF plots in Gurgaon.
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