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Growing real estate market in millennium city gurgaon
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Growing Real Estate Market in Millennium City: Gurgaon
Gurgaon is one of the fastest developing cities in north India following by extensive urbanization
and industrial growth have resulted increase in Gurgaon’s population in the last 10 years. The
growth could have been because of the migration of people from Delhi and other states due to
availability and affordable housing in the city in comparison to the national capital. There has
also been a significant migration of working population from the nearby districts because of job
opportunities that Gurgaon offers.
The real estate industry of gurgaon had played a major role in bringing the Millennium City on
global landscape, companies like DLF,Unitech ,Omaxe, Ansals are continuing building new
commercial and residential space to fulfill the real estate demand of city. Gurgaon is now one of
the top real estate markets in India and attracting many real estate investors, NRI who invest in
real estate projects, many developer work on building commercial space, offices, malls of
international standards.
Investor and NRI are prefer Gurgaon for investment by identifying the potential return in a city
and its favorable working infrastructure and availability of trained professional and well
connected transport facility such as NH8 Expressway, Kundli-Manesar-Palwal Expressway,
Delhi Metro .
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Gurgaon is center of attraction for many Multinational and national companies majority of IT
companies like Genpact, Dell, IBM, Accenture, Hewitt Associates ,TCS ,HP and some Non-IT
companies like Hero Honda and Maruti ,PWC are situated in the city . The demand for IT-ITES
space is growing day by day, as a result Gurgaon rentals rose 20 per cent.
Gurgaon is become a home of e x c l u s i v e skyscraper buildings. Gurgaon is already a investment hub
for many Investor and NRI, So the property prices are rising constantly. Due to IT boom, rental returns
have already shoot up. Quality of life in the privately managed residential estate in Gurgaon remains high
due to high standards of security, private parking, common area maintenance and sanitation being the
norm.
The entrance of shopping malls in Gurgaon is indicative of the recognition by retailers. Mall culture has
been dissolved in the lifestyle Gurgaon residents. Highly paid IT/ Service sector’s employees are
keen to enjoy lavish lifestyle and developers are constructing lavish malls and luxury apartment .
With the upcoming of multinational companies in Gurgaon, the standard of living has considerably
improved and as a steady income, now more people prefer to buy a property rather than leasing a rented
apartment. This is also one of the reasons behind the burgeoning demand of Gurgaon properties.
Gurgaon has ultimate potential for business and residential purpose. The city’s improving infrastructure,
business environment, coupled with income and changing lifestyle of the residents make Gurgaon as
developed city.
Top Real Estate Destination
Gurgaon, the Golf Course Extension Road, Southern Peripheral Road and Dwarka Expressway
are rightfully touted to be the future of Gurgaon. These places comprise of the best planned
development as they come under the 2025 Master Plan Gurgaon. The new master plan offers
superior infrastructure developments with wider roads, metro connectivity, parks and other
amenities coupled with a good combination of commercial and residential mix of projects.
Major Residential Projects in Gurgaon
Emaar EGF : EKAANTAM, Palm Studios, Emerald Floors Premier, Emaar Palm Terraces,
Palm Drive, Emerald Floors, Emerald Estate
Unitech: Harmony, Karma Lakelands, Escapuniworld City, Nirvana, Countryfresco, Nirvana
Country, The Close,The World Spa, Uniworld Garden, Espace, Aspen Green,Birch Court,
Deerwood Chase,Vista Villas,The Palm,Heritage City,Ivory Tower.
DLF: Ultima, The SkyCourt , The Crest ,Regal Gardens ,The Primus ,DLF Gardencity
,Alameda
TATA: Victoria Raisina Residency, Tata Louvre
Vipul: Tatvam Villas, Villa Nova, Orchid Belmonte, Orchid Garden, Orchid Green.
Bestech: Parkview Residency, Parkview Spa, Parkview City, Parkview City 2.
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Vatika: The Soverign, Vatika City.
Raheja: Raheja OMA,vedaanta,Revanta Sampada
Other Projects :
Royal Greens, Carnation Residency, Aster Acacia Laurus Floors,IndiaBulls - Centrum Park,
Tulip - Tulip White, Era - Divine Court, Mahindra - Aura, Roots Courtyard, Today - Princeton
Floors,TDI Ourania,Uppal Group Housing,
Uppal Group - Canara Residency, Tatvam Villas,Tulip Orange, Ninex - Corona,
Central Park 2,Parsvnath Exotica,
Shopping Malls
Praveen Plaza ,DLF City Centre ,DLF Grand Mall
,DLF Mega Mall ,DLF Star Mall ,Galaxy Mall ,MGF
Mega City Mall ,
MGF Metropolitan Mall ,Sahara Mall ,The Plaza
,Gold Souk ,OMAXE Plaza , Nandal Mega Mall
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