Tuesday 29 July 2014

Why Gurgaon Remains Property Haven?

If you are looking for investing into property projects, few areas can compete with Gurgaon. Despite a recent slowdown, Gurgaon continues to hold the top spot in the NCR property market. For anyone looking for healthy returns, buying property in Gurgaon has many advantages over other areas in the NCR.

Long-term Gains

The property market has seen a slump in recent times. Many big developers are slowing down on new projects. Instead they are now opting to offload inventory. This has brought about a temporary drop in prices. In other words, it means that if you buy property today, you may get it at a lower rate. Gurgaon is home to a number of very high end properties. Many premium developers have come up with projects that follow international trends. The peripheral areas, on the other hand, offer more affordable housing options.

Encouraging signs

Despite the current slump, Gurgaon is far from being an inactive market. It has high absorption rates and a healthy development index. In fact, unsold inventory in this satellite city is the lowest among tier I cities of the country. This means that as an investor you are assured of healthy returns.

Premier projects

Gurgaon, described as the Millennium City, is today a glittering, snazzy and high-paced city. It is home to corporate head offices, a glittering strip of swanky malls and a number of high-end residential projects. There is also a healthy support system available with premier hospitals and schools. In facts, Gurgaon is home to some of the country’s most well-known names in these areas.

From a village with a largely agricultural character, Gurgaon’s explosion as a zooming modern city has been well documented. It started as Delhi became overcrowded and industry was pushed out. Gurgaon became the hot destination for industry and corporate bodies. This was followed by big name in residential development. The story of Gurgaon is still evolving and shows no signs of slowing down.

If you are looking for a property in Gurgaon; contact Earth Links. The firm offers one the best portfolios in the city with all the high-end develops on its inventory. It has long experience and an informed insight into the market.

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