Gurgaon Market General Overview
Advertised as the Millennium City of India, Gurgaon is the center of commercial and economic activity in Delhi-NCR. Most of the major Fortune 500 companies are based in Delhi-NCR. State-of-the-art infrastructure, high retail destinations, proximity to international airports and a strong employment market have fueled Gurgaon's housing market in recent years.
However, sentiment has been stagnant recently due to the rise in real estate prices in recent years. The slowdown in sentiment can result from unprecedented rises in real estate prices, which can cause most dwelling units to fall below the limits of the average investor, resulting in slower growth rates. ..
The slowdown in Gurgaon's real estate market may also be due to the fact that some well-known real estate projects such as the Dwarka Expressway have been delayed for a long time, further reducing investor sentiment.
Due to the spiral ticket size, which generally consists of the price range (about 75lac or more in 2bhk & 3bhk Flats in Gurgaon), many of the major developers such as Godrej, TATA Housing, etc. should consider Noida, another major micro market in the region. became. Although Noida and Gurgaon were not a strict competition.
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2bhk & 3bhk Flats in Gurgaon |
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