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The Story of Rise of Gurgaon Real Estate

By Rohit Sharma Subscribe to RSS | December 12th 2011 | Views:
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Gurgaon, with it’s superb growth rate, has already become one of the best developed cities in Delhi NCR region. The pace of growth has been amazing. Back in the decades of eighties, Gurgaon was just a dot on the map of India, lying near the capital city of Delhi. Nobody had ever estimated that in a matter of few years, this city would be buzzing with commercial and industrial activity. A number of industries in various sectors have come up in the recent years, with manufacturing and software industries being the most prominent ones. Earlier the Maruti manufacturing plant was the only manufacturing industry providing jobs to the skilled workers. But now, with the rise of other industries, more and more number of persons, skilled, semi-skilled and unskilled are getting more and more jobs.

Specially, we find that a number of software companies have arisen , incidentally, Gurgaon has come to be known as the IT hub of North India. Close on the heels of rise of the software industry, Gurgaon real estate has seen a drastic growth over the recent years. Land is being used for residential as well as commercial activities. A number of IT industries have been set up in the recent times which have been a source of job to scores of people with IT skills. With the increase in the number of industries, there have been a number of residential projects on the rise, as people prefer to stay closer to their offices rather than commute from larger distances to their offices. A number of residential projects have been launched by a number of builders, many of them promising better world class facilities than the other builders in a bid to attract more and more number of buyers. Even so, seeing the increasing demand of residential as well as commercial spaces, many real estate builders have upped their prices. They know that they are going to get good customers anyways. The Gurgaon Dwarka Expressway too has seen a number of real estate projects on the rise. This region has also seen good pace of industrial growth as also there are speculations of the area to be soon to be connected with the Metro Link, which would bring Delhi even closer.

Observing all this you should be very careful while choosing the right kind of real estate property for your residential purposes if you are planning to shift to Gurgaon for good. One bad decision could ruin your investment and you would be left lamenting for the rest of your life. Find out the most trusted builders who really deliver world class amenities. Consult your friends, office colleagues, close relatives for best suggestion and then pick up the best alternative. Office connectivity, nearby educational institutions, medical facilities, marketing facilities, pro- efficient security systems, and above all a healthy living atmosphere, free from smoky fumes, with plenty of open spaces should be at the top of your priority list. These are the must have factors, without which one should not opt for even choosing a real estate project. Especially considering the crunch of space in the modern ages, and when we look at the nearby cities in the NCR region, a clean atmosphere with plenty of greenery in the vicinity has really become a rarity. After all, what we choose is tremendously going to affect the future of our coming generations. Let us give them a gift instead of another burden to look after.

Rohit Sharma - About Author:
Rohit has been writing on various real estate articles as Pioneer Araya, Pioneer Araya Gurgaon and Pioneer Araya Projects.

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