subject: Is Gurgaon property a lucrative investment? [print this page] The real estate is one of the rapidly thriving sectors of development in all the India cities. Most of the Indian cities are in the phase of rapid development with on-going construction of residential and commercial projects everywhere.
The relaxation of foreign direct investment (FDI) norms and rising globalization has a huge impact on the real estate sector. People not only in India but also in foreign countries have shown interest in buying the property in our country. But there are some Indian cities that have topped the chart investment wise. The leading Indian cities like Mumbai, Bangalore, Hyderabad, Chennai, pune are profitable options of property investment. The Gurgaon property is in huge demand with rising numbers of residential and commercial projects in the city. It is quite a lucrative deal to invest in these properties with a lot of expected appreciation in coming years.
Even during the recession phase the real estate industry did not bear much impact and now after the phase the real estate industry is growing very fast in almost all the Indian cities. One of the reasons is the growing infrastructural development in all the cities. The country India is undergoing massive development all over the country to make it a better place to live in. With the ongoing globalization and green signal to FDI norms the various multinational firms have started establishing their centers in the city. This coming up of multinational firms has increased the value of property in various cities. Many firms have established their offices in the city due to its convenient location with its proximity and connectivity to the capital of India, Delhi.
Gurgaon property gives you many options of investment such as ready-to move properties which are quite expensive. If you go for options getting ready within 2-3 years time then property options may include residential houses, society apartments, sumptuous penthouses and condominiums, group housing flats, independent builder floors, retail shops industrial lands, warehouses, and showrooms official buildings, factories etc. All such residential and commercial spaces are available for sale, purchase and rent in the city through the local property dealers.
Is Gurgaon property a lucrative investment?
By: Monika Swaroop
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