Gurgaon: The Long Term Paradise

By Author: indiahomes marketing
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Gurgaon is presently being seen as a location which promises long term investment returns in the real estate sector. The short term investor does not stand to gain due to higher interest rates over the capital invested. Therefore Gurgaon is witnessing a slowdown in investment in the real estate space. This does not deny the fact that this industrial town has lost any of its charm. Gurgaon and its surrounding areas still demand the same respect among the realtors and investors. Investors are presently maintaining a cautious stand in the entire NCR region, though Delhi remains unaffected by the interest factor.

The NRZ Factor in Real Estate Gurgaon

In the recent years, however, there has been an interesting development among the residential properties in the Gurgaon area. This is due to the enhancement of circle rates by the local administration. These were made effective in the newly established residential areas or the New Residential Zones (NRZs). The development of these residential zones on the converted agricultural lands, and, owing to the enhanced circle rates, there was a spurt in land prices. However, ...
... this led to a decrease in the value of the residential properties. The land owners’ gain was the property developers’ loss.

Though Gurgaon had witnessed a huge demand for properties till around the last six months, a tilt in the buyer interest led to a drop in demand for new properties. There is a speculation that the real estate Gurgaon area is soon to witness the advent of multibillion entities. It is not long before some of the leading builders will announce the development of mega projects in the country. It is estimated that around ten thousand residential apartments will come into existence in the next two years alone.

Owing to these developments, there will be an uptrend in the real estate Gurgaon prices post 2015. Therefore, the investors who are seeking long term gains can look forward to invest around this time, when, there is a slight correction in the real estate space.

Gurgaon is hailed as the city of the next millennium. It is one of the principal cities that will lead the country into the next millennium. It is playing host to some of the premier companies in IT, ITes, Engineering, Real Estate, Telecom, Automobile and other allied services. A large number of national and multi-national companies are showing an increased interest to relocate to the city of Gurgaon.

Other than the development of a tolled road from Gurgaon to Delhi along the National Highway 8, there is a proposal to construct the Northern Peripheral Road which is to be completed within ten years from you. The metro line, better infrastructure and the new shopping centres are also playing a catalytic role in the development of Gurgaon.

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. real estate Gurgaon