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| Projects in Gurgaon |
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Gurgaon falls in the Delhi NCR region and is a fast flourishing 'Cyber City'. It is lso emerging as the corporate capital of India.With more and more multinational companies setting up their corporate offices and outsourcing units, it has also become
the leading NCR in the country.
Industrial & Commercial Real Estate: Some of the most expensive and popular commercial properties in the city are Udyog Vihar,IMT ManesarGlobal business park,Vatika triangle, Infocity, and Pace City etc.
Institutional Real Estate: Sector 32, 43, 44, and 46 have been allotted for development for various educational institutions.
Residential Real Estate: Residential properties like apartments,townships, condominiums have been developed by leading developers such DLF,Vatika, Raheja, Omaxe, Ansals and Unitech group.
Reasons for Rising Real Estate Prices
Good Connectivity: Falling in the Delhi NCR region, Gurgaon has good connectivity, which is also one of the main reasons of rising
real estate property prices.
Industrial Development and Growth:
The city is now termed as "cyber city", "Corporate capital of India", "Outsourcing capital of India". With most of the MNCs across industriesestablishing their corporate centres, capability
development centres,outsourcing centres, Gurgaon has witnessed an unprecedented rise in real
estate prices. The corporate sector has been demanding more and moreoffice space, further aggravating the prices of properties.
Increasing Working Population: The outsourcing boom in the
city has led to a rapid growth in employment prospects and local wages.
This has further lead to a fast development of shopping malls, swank
restaurants and entertainment facilities. This has again raised the
demand for residential and commercial property, thereby increasing the prices.
Development of SEZs: The government has also started the development of SEZ or Special Economic Zone with an investmensof more than $ 40 billion.
Real state Development: Leading developers like DLF, Unitech,Pioneer Urban Land & Infrastructure, Vatika, Raheja,
Vipul, and MGF group are undertaking large residential and commercial projects, which
has further increased the demand for land, thereby increasing the property and land prices.
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Name |
BPTP Freedom Park |
Type |
Residential |
Location |
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Price |
Rs 57,84,000 |
| Completion Date |
Dec 2008 |
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Name |
BPTP Park Serene |
Type |
Residential |
Location |
Sec 37-D, Gurgaon |
Price |
Rs 35,41,125 |
| Completion Date |
N/A |
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Name |
DLF New Town Heights |
Type |
Residential |
Location |
Spread in Sector- 82,86,90,91
Gurgaon |
Price |
Rs 3,97,35000 |
| Completion Date |
N/A |
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Name |
GPL Eden Heights |
Type |
Residential |
Location |
Sector 70, Gurgaon |
Price |
Rs 42,28,000 |
| Completion Date |
2010 |
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Name |
Emmar MGF, The Palm Drive |
Type |
Residential |
Location |
Sohna Road, Gurgaon |
Price |
Rs 87,40,000 |
| Completion Date |
September 2010 |
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Name |
ILD Spire Greens |
Type |
Residential |
Location |
Sector - 37 C, Gurgaon |
Price |
Rs 30,22,100 |
| Completion Date |
March 2011 |
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