For all the stakeholders of the realty sector, new Gurgaon is the most happening place that offers ample opportunities for expansion, growth and development. New Gurgaon region covers areas adjoining Dwarka Expressway and Sohna Road. Realty experts feel these areas have multiple advantages:
First and foremost: The region is progressing as hub through another development that is –Delhi-Mumbai Industrial Corridor (DMIC). DMIC will usher in further development by creating huge job opportunities in these areas. The collaboration of DMIC with Japan boosts investor’s confidence and brings in customers in bulk.
Professionals from all fields such as: techies, finance experts, marketing professionals, entrepreneurs with start-ups and digital marketing executives, all have flocked together to showcase this city as an ideal destination to work and reside. Since, the city harbors almost all the top 500 companies of the world, so it is automatically considered as one of the hot spots for all professionals and niche customers.
Since, old Gurgaon is already congested and no space is left for further expansion, new Gurgaon appears as an ideal substitute for the new interested parties. Most of the happening business centers such as: DLF Cyber City, Sector 40, 44, Golf Course Road, MG Road, and NH-8, are in close proximity to the regions being developed as new Gurgaon.
The second reason for the expansion of new Gurgaon is the availability of affordable range of houses for the double-income, upwardly mobile aspirational families. Top real estate developers in India have got their base in this region and are working on the projects that suit the aspirations of customers and other clients.
Possible buyers may invest in any region of Delhi-NCR, but, getting the best return is possible only when you invest in properties in Gurgaon, which are for sale.
Huge areas have already been rented out in the current fiscal, which have offered jobs to 2.6 lakh new professionals that in turn is more than enough to trigger a huge round of development for the residential units. Consultants are sure of expansion in the realty sector in this part of Gurgaon. Even common sense indicates that this will further push the growth trajectory in this region.
Because of these reasons, Gurgaon becomes hot place to buy property in Delhi NCR. The number of expressways under construction is making the future of the region very promising. A metro rail link to this area is already proposed and the day it becomes a reality, buying property in this area will be almost impossible.
If in the future, the area becomes a self-sustained zone, it won’t be surprising as top real estate developers in India are trying their best to transform this region into a model destination.