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Gurgaon Property- Pathway To The Indian Dream
Gurgaon has come to the national highlight in the last decade thanks to its proximity to the national capital, New Delhi. The capital was brimming with people who needed space and infrastructure that was in scarcity in Lutyens’ Delhi. Subsequently, the need had to be satiated and obviously the space constraint did not allow any further organic growth, hence, the geographical proximity coupled with heavy investment in Gurgaon property by the government as well as real estate stake holders which led to the coming to centre stage of this once terra incognita.
Of late Gurgaon has found its identity as a commercial real estate hub on north India. Hundreds of IT and ITES companies have set up their bases in gurgaon to cater to the huge international outsourcing demand. The closeness to Delhi has once has proved to be a big boon for the service sector along with the property in gurgaon. Huge tracts of land hitherto used only for marginal farming has suddenly found value due to the favorable geographical and fiscal conditions. The prices of property in gurgaon have reached to a level which an ordinary landowner could ...
... only wish for.
The city of Gurgaon is attracting the young souls from across the country that is looking for better opportunities and has the wherewithal to achieve it in terms of their education, is and attitude. With the influx of the floating population in to the city there have been witnessed a tremendous rise in the demand for property in gurgaon-both outright possession as well as rental properties. These young and dynamic professionals are fueled by this newer opportunity and they are willing to pay to have a lifestyle that they choose. No wonder gurgaon property market has been heated to a considerable degree.
Setting up a new business has also become very easy courtesy to the liberal regulation regime that successive state and central governments has implemented. Significant reduction in red tape has unleashed the true potential of gurgaon as a business hub of international class, an iconic city befitting the 21st century. Government policies with regards to setting up of Special Economic Zones in the city have also aided the growth of gurgaon property sector. Huge land acquisition by government for setting up such zones or creating infrastructure lie highways and metro railways has also provided confidence in to the sector. Government spending in any area has always been considered to a confidence building measure directed towards the private sector to induce them into making investments.
Essential necessities like schools, hospitals, health care facilities, hotels, shopping malls and fun zones have sky-rocketed the demand of gurgaon property. Rental value of property in Gurgaon has also seen a sharp rise. The trend is bound northward for a long time to come as predicted by the pundits and real-estate analyst. All in all the future is very promising for the real estate sector of Gurgaon and it will continue to soar to newer heights driving the growth and helping folks live the ‘Indian dream’
Author Bio
Nitin Sabharwal is an enthusiastic marketing explorer who redefines prospective subjects for his works in digital advertising & marketing, e-commerce, and content development. With a commanding work experience of 16 years, Nitin’s participation in digital enabled services with a special emphasis on the Internet has earned him several respectable positions in India’s premier companies. Positioned as VP-Marketing of IndiaHomes, Nitin is maneuvering the company’s branding, Performance, CRM, Contact Centre, Event Marketing and Digital Marketing. Academically, he holds an MBA degree from IMT Ghaziabad. Gurgaon property, property in Gurgaon, real estate sector of Gurgaon
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