Property in Gurgaon

in Real-estate

Gurgaon is the sixth largest city in the Indian state of Haryana. Gurgaon is the industrial and financial center of Haryana. According to a survey by Business Today magazine, Gurgaon is considered the best city in India to work and live in.

Gurgaon is also the only Indian city to have successfully distributed electricity connections to all its households. However, because of its heavy vehicular traffic and inefficient public transportation apart from the Delhi Metro, Gurgaon ranks 11 amongst Indian cities on the "Life after Work" index of Business Today. Gurgaon has the 3rd highest per capita income in India after Chandigarh and Mumbai.

Gurgaon being located in the NCR, has always been the target of real estate investors. In the post liberalization period many Indian cities like Gurgaon witnessed industrial and corporate growth, eventually leading to development of vast acres of land and property construction. Since the city has now turned out to be one of the leading corporate hubs of India, the Gurgaon real estate has eventually emerged in the form of a prominent industry.

The internet would be a good source to gather information on Gurgaon property updates. Through proper research you would get a rough idea of the property rates that are prevalent in the city.

Residential property in gurgaon fall mainly under two segments. In the first place, it is the segment which houses corporate clients and other upper class clientele. The residential property in this segment is not cheap. The luxury flats, deluxe apartments, condominiums, villas, etc. with five star amenities come in this class and they cost excessively higher than their counterparts of the same dimensions in the segment which houses the middle class. A demographic analysis has revealed that nearly 70% of the citizenry live in average middle class residences and in that category the property price is comparatively cheap.

To buy property in Gurgaon, you are advised to be responsible enough to know in detail the significance and the entire process of property transaction.
The market sectors such as the financial institutions, pharma and manufacturing companies have contributed largely to the revival in the market demand of commercials. The growth in the IT/ ITES sector has been slow even in 2010 and still in the phase of recovery.

The created job opportunities after the recession directly impact the demand for commercial property in Gurgaon adding to the current boom in the real estate of Gurgaon. Moreover, the rising demand for commercial property is augmenting the demand for residential properties in the real estate market to a great extent. Visit at -


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ravi kumar has 1 articles online

Raveen Kumar is a well known author and has been webmaster & writing content. Allcheckdeals is India's first and only online brokerage for Real Estate. We provide services to customers starting from property selection, site visit, booking, documentation, home-loan and after-sales service.

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Property in Gurgaon

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This article was published on 2010/11/02