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There has been an upsurge in the residential property trends across top real estate markets in India. Higher purchasing power, easy availability of home loans and ample offers have made home buying simpler for the people of India. One city that has been doing great in the residential realty segment is Gurgaon. Though, like any other market, it was hit by the slump in the industry, the launch of New Residential Projects in Gurgaon has brought a situation of revival in the market. The city has seen the largest number of new launched projects in the housing segment over the last few years.
Being the nerve center of country’s service sector and the IT hub of the National Capital Region (NCR), Gurgaon witnesses a healthy demand of property. Despite the fact that it is also the heaviest contributor to unsold inventory in NCR, the demand and supply of New Residential Projects in Gurgaon remains unaffected. Several corporate giants wish to expand their businesses in the city and other growing locations that surround it. Commercial real estate has also been growing at a fast pace, more new projects are coming up in the location and the older ones are getting more demand.
All this revival of Gurgaon real estate is due to the unparalleled set of facilities the satellite city offers- both in terms of physical infrastructure and civic amenities. Localities along the Dwarka Expressway, National Highway 8 and the Delhi Gurgaon Expressway are witnessing the highest demands in the market. New Gurgaon is another developing location that will offer tremendous returns in the future. Some of the most renowned names of the industry like Supertech, Raheja, Amrapali, DLF and Ajnara have come up with their projects that offer a luxury lifestyle in the location. The city offers a perfect corporate environment for big companies to thrive. The future of New Residential Projects in Gurgaon is very bright as they are going to bring immense profits to their investors.