TARC ISHVA: EMBODIMENT OF LUXURY
Gurgaon has flourished as the most suitable location for millennials. This city is the topmost choice for individuals who dream of fulfilling their aspirations of living a high-end lifestyle.
If there is one solid example of a city that has shown the ultimate potential for exceptional progress, it is Gurgaon. From being a mere jungle, Gurgaon has now become the new business capital of India.
Are you intrigued to know what and how this city evolved magnificently?
To answer this question, I will state some significant factors that will justify several people from all around the world coming here and investing their hard-earned money.
More importantly, In this article, I will further explain about the residential and how this particular segment has shown magnificent growth.
According to the recent data, Delhi NCR sold 63,710 residential units. Out of this static figure, Gurgaon’s share was 51% among all the other cities that come under Delhi NCR.
THRIVING RESIDENTIAL MARKET
Gurgaon has the most exciting residential market where all individuals get an opportunity to live an upscaled life. Here, you get access to high-end amenities, 24*7 available infrastructural facilities, and green areas.
This city has witnessed an exceptional level of development in infrastructure as well as the real estate segment. There are different kinds of road connectivity such as expressways, flyovers, and National Highways built in Gurgaon for the convenience of travelers as well as residents.
Moreover, the evolution of top commercial spaces is a blessing in disguise for investors that has doubled the value of residential properties.
Top multi-national companies, IT companies, business parks, and start-ups have emerged in Gurgaon which has generated millions of job opportunities for working professionals.
These companies pay a good amount of salary to individuals.
For instance, DLF Cyber City is one such mind-boggling construction that consists of world-class companies. This commercial development is located on Golf Course Road and also comprises DLF Cyber Hub. This development has become world-famous for people from all around the world.
Foreign investors as well as from India have shown a keen interest in Gurgaon with regards to investment in commercial as well as residential spaces.
Gurgaon offers you a blend of affordable, premium, luxurious, and super-luxurious properties. These developments are constructed by well-renowned developers such as DLF, M3M, Godrej Properties, Emaar Properties, TATA Realty, Conscient, TARC, Anant Raj Limited, Puri Constructions, etc.
INFRASTRUCTURAL ASPECT
The residential market of Gurgaon offers you with remarkable opportunity to access an affluent lifestyle in the best surroundings.
All basic infrastructural facilities such as schools, hospitals, medical pharmacies, retail stores, grocery stores, and job hubs are available in close vicinity to the residents living in this city.
With respect to proper modes of transportation, a rapid rail network is available through which you can commute to different places within Gurgaon. Metro stations built in Gurgaon will ensure smooth connectivity to other cities as well such as Delhi, Faridabad, and Noida.
GOOD PRICE APPRECIATION
Gurgaon is the epitome of remarkable residential properties that offer tremendous return on investment. As the count of people who are inclined toward this location is increasing every year, the demand for residential properties has also increased. This results in offering a good amount of capital appreciation to all home buyers as well as investors in Gurgaon. The following table comprises the data for the time period between 2022-2023 which shows the price increase in several different kinds of accommodations. The percentage increase reflects how much the cost of these units has increased in just one year. As a result, you can get a fair idea of the amount of price appreciation you will get through the following data.
RESIDENTIAL PRICE ANALYSIS, 2022-2023
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