Have you ever thought how Gurgaon came into prominence among commercial property buyers and residential property seekers? How the real estate industry registered an exponential growth in this happening Haryana city, which is famously known as Millennium City? This change was not recorded in a day or month but it is the result of an ongoing process that took more than a decade.
When the capital city Delhi started appearing congested and getting an office and residential space became an almost a dream come true, possible buyers and investors started looking for suitable options and opportunities. This was the time when the adjoining areas of Delhi became an ideal destination and among them the millennium city topped the entire list of opportunities.
UP and Haryana are the two neighboring states that offer a lot of investment opportunities for real estate point of view. But even between these two states, Haryana, since beginning, has been number one choice as it has been offering several attractive elements, which has larger implications as far growth in future is concerned.
For the purpose of investment in real estate, currently Gurgaon is competing with all the top destinations in India. Almost all the leading MNCs have their showrooms in this happening city and for any ambitious project, getting a footprint in this city is almost a dream come true. Being in close proximity to Delhi is its biggest advantage.
Quite early, top real estate companies in India sensed this change and started targeting their investment schedule in the city. Real estate developers in Gurgaon know that any investment opportunity here is more lucrative than investing in any bank’s fixed deposit scheme as it guarantees huge return on investment.
At present, Gurgaon is famous more for its commercial ventures than its residential options. Getting even a small commercial space promises to offer great return and so all real estate developers operating in Gurgaon is busy in digging out new commercial properties in Gurgaon.
Generally, it is presumed that now getting a space in Gurgaon is almost impossible but reality is something different. Still ‘luxury shops for sale in Gurgaon’ is found to be a common advertisement in local and national dailies that highlights several options that might tempt you to invest here for huge returns in future.
The state government has always offered several ideal options, that can easily tempt investors from across the world and this is the reason that this city has become an ideal meeting juncture for several business tycoons. Despite this the private players with the help of social activists and local government must keep on working on several options that may throw lucrative business opportunities to all interested players.