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Friday 12 July 2013

Gurgaon A Super Hit Destination For Property Investment

If we look at today’s real estate scenario in the National Capital Region, Gurgaon is surely leading the way when it comes to attracting real estate investments and coming out as a favored investment destination for almost all kind of real estate segments.
Gurgaon is leading the way because of its fast paced growth rates in areas such as its high profile Golf Course Road, or Dwarka Expressway, National Highway 8 or the Sohna Road area. Experts close to the real estate segment do confirm that some of the areas in this region of Gurgaon have witnessed more than 20 percent increase in the market value of the real estate. All this is contributing heavily towards making Gurgaon the favorable place to invest.
In recent times, properties near NH-8 and Dwarka Expressway have appreciated quite a lot. It becomes important to note that no other region in the NCR is showing so lucrative real estate increment potential today. And as confirmed by experts, there are clear reasons behind this growth. The first reason is that as a true millennium city, Gurgaon offers great job opportunities for different sections of the society. Additionally, it is largely seen that Gurgaon is becoming a favorable property destination not only for the investors but also for the end-users community.
Both these factors are fanning the demand generation cycle for properties in the city of Gurgaon. And yes, some areas of Gurgaon are considered under master plan 2031, in order to meet the growing demands, these areas are being developed rapidly to meet the increasing demand of residential properties.
Another important reason for Gurgaon’s popularity among the investor community and buyers is the fact that property over there is freehold which may be easily sold at the freer will of the owner. On the other hand, properties in most of the other regions in NCR are sold in leasehold with too much interference of the local authorities all these factors are making Gurgaon a super hit destination for property investment today and in the coming years to come.

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