Friday, 27 September 2013

LUXURY REAL ESTATE MARKET OF GURGAON



Luxury Homes in Gurgaon

There was a time when the Realty Analysts used to doubt the caliber of Gurgaon’s Realty Market. Slowly and steadily the time has come when the city has become the first choice of people when it comes to investing in the Luxury Real Estate Market.


Young Professionals are driving the demand of Luxury Segment in Gurgaon. According to recent survey by Associated Chambers of Commerce and Industry of India (ASSOCHAM), urban youth aged between 24 to 35 years are the ones who are investing in the Real Estate.

The youngsters see Gurgaon as a city offering the right mix of lifestyle amenities, varied residential options and professional stability as well. The young buyers working in Multinational Companies are exposed to Global Living and prefer Multi Storeyed buildings to live in. 

They prefer living in present rather than worrying for the future. This psychology gives the young India the power to invest in the Luxury Segment. The sale of luxury projects has gone up by nearly 30% in past few years. When it comes to Luxury Residences, world-class amenities are what the builders compete on. The Luxury Residences start from the range of Rs 1.15 Crore. The price directly depends on the number of amenities being offered. When it comes to Gurgaon then the areas like Dwarka-Gurgaon Expressway, NH-8, and Golf Course Extension Road seem to be promising.

Many renowned builders like DLF, Vatika, Unitech, IREO, Homestead, Shoba Developers, Ansal API and more have already started to make their impression in the city. Different builders are playing different market strategies to mark their image in the market and shoot up their sales too.

Ireo has roped in the international hospitality chain Hyatt Hotels for its branded housing product, ‘Grand Hyatt Residences’ in Gurgaon. The range of the project will start from Rs 11 Crores. The project will offer 7-star like facilities to the residents.

Coming to Homestead, they are coming up with Branded Luxury Housing as well. They have announced a project ‘Ballet’ in Sector 72 Gurgaon. The project is inspired by Iconic Tennis Player Maria Sharapova. Sobha, one of the well known developers from Bangalore is coming up with Sobha International City in Gurgaon.

Puri Construction has also launched two high-end luxurious projects, Diplomatic Greens and Emerald Bay, in Sector 104 and Sectors 110-111 respectively. Vatika Express City also offers Luxury Living Options. Going with the experts, it seems that Gurgaon Market will continue to rule the Realty Market in NCR.

The main reason behind this is the amenities that the city offers be it Lifestyle, Amusement or Professional growth opportunities. Added to all this the increasing transportation facilities with other neighboring states, close proximity to the IGI airport, and Metro rail connectivity to Delhi, have also contributed to help Gurgaon reach to the  position as a preferred residential as well as commercial destination.

For Ultra Luxury Apartment in Gurgaon Visit:- Properties in Gurgaon



48 comments:

  1. The above mention project is very attaractive but i found one more project that should also be more interesting Assotech Breeze 88b Gurgaon By Sandeep Chandna

    ReplyDelete
  2. Great posting about LUXURY REAL ESTATE MARKET OF GURGAON.....

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  4. I am happy to hear the development plan for the Gurgaon not just because we have invested hear. It is really proud moment to know our city is doing better and connectivity is improving here. These plans are great relief for commuters travelling between Delhi and Bhiwadi. Assotech Breeze 88b Gurgaon

    ReplyDelete
  5. India Real Estate is a good option to invest in Real Estate Market and I want to know which one is the best Option for me is it Delhi Properties, Gurgaon Properties

    ReplyDelete
    Replies
    1. For Gurgaon Properties you can visit our website:-
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      Delete
  6. Gurgaon is definitely a growing market when it comes to luxury hosuing, however to add on, CREDAI as an apex body for private sector developers, renowned for its commitment to the national real estate development scenario. CREDAI acts as a single point of information. Infact, CREDAI is organizing CREDAI Conclave 2013 on the theme 'Housing – The Game Changer' – leading to double digit growth on 13th and 14th December, 2013 at New Delhi. Visit www.credai.org

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  9. Gurgaon city is full of real estate projects that are the dignity of the city. All reputed builders and developers are participating to develop more project here. A part of this real estate industry Vigneshwara Developers has developed some new projects with modern and attractive design structure and in return they got award and appreciable reviews about vigneshwara from investors and stakeholders for their projects.

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  14. Great post!
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  16. Amezing posting about Dwarka Expressway Gurgaon.....keep blogging...
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  17. Gurgaon Real Estate is blooming faster than any other Indian City and there are proofs everywhere in gurgaon as more and more Commercial as well as Residential Properties are launched, ongoing and completed and ready to move in Gurgaon. One such Residential Group Housing project by Geoworks offering such project named Geoworks 1000 Trees Select Gurgaon. Read more details about it.

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