Category:Real Estate Gurgaon

Gurgaon, the suburban neighbourhood of Delhi will continue to remain the scene of much of the real estate action in the next three years. Easy availability of quality housing at affordable prices and the quality of construction will make Gurgaon investment-worthy. Gurgaon, in fact, counts as the hottest suburb to invest in.

Property value in Gurgaon is likely to appreciate 10-15 per cent a year for the next three years. Gurgaon has reshaped the Indian realty sector as it has pioneered the emergence of luxury segment in India during 2004-05 with the launch of DLF's Aralias at Rs 3,500 per sq ft; Aralias II at Rs 4,000-4,200 per sq ft; MGF Vilas at Rs 4,500 per sq ft; and DLF's Magnolia at Rs 5,000 per sq ft towards the end of 2005. These high end projects offer 4-5 bedrooms, central air-conditioning luxury apartments with lavish specifications. Apart from expensive dwellings and office space, the city also offers a wide range of residential properties for middle class segment. Due to its proximity to south Delhi, the city will further enhance its position as a world class real estate destination for investors of India and abroad.link title