Expensive real estate market, yet why is it the first choice?
Gurugram, known as the corporate hub of India, has today become one of the most expensive real estate markets in the country.. Recently, according to a report by Anarock, property prices in Gurugram have increased by up to 128% between 2021 and 2024, giving huge profits to investors.. Apart from this, property prices in the Dwarka Expressway area have registered a growth of 79%, which reflects the increasing demand and expanded infrastructure in the area.
Despite these high prices, Gurugram remains the first choice of home buyers.. The main reasons for this are: proximity to Delhi, proximity to indira gandhi international Airport, and excellent infrastructure. The city's world-class amenities, such as luxury malls, private hospitals, and high-quality schools, attract people. In addition, premium projects developed by leading developers such as DLF, ganga Realty, M3M, Godrej, and Sobha have made Gurugram a hub for luxury housing.
Favourite despite being expensive
However, property prices here are constantly rising due to limited land availability, increasing demand, and government policies. Despite this, Gurugram is still the first choice of investors and homebuyers. The growing interest of NRIs and high net worth individuals (HNIs) has also contributed to the increase in prices.
The attraction of Gurugram is not just limited to expensive real estate, but its modern and international lifestyle also attracts people. Be it young professionals, business tycoons or nri investors - Gurugram remains a perfect destination for everyone. This is the reason why despite being expensive, this city still remains the first choice of home buyers.
click and follow Indiaherald WhatsApp channel