Evolution of Gurgaon Real estate since last 10 years

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Did you know Gurgaon is now called Gurugram?

Considering to invest in Gurgaon?

Where can you find the best locations to invest in gurgaon?

Real estate affected locations of Gurgaon?

Before we talk about the property rates and locations good enough for real estate investment in gurgaon let’s quickly peek into the history of Gurgaon.

Gurgaon was once known as Gurugram and has been renamed as gurugram.
Did that sound a little confusing? You'll find your answers below

Here's a brief history of the city:

●    Gurgaon City’s name can be traced back to the ancient Hindu scriptures, the land is believed to have been owned by the legendary rulers namely Pandavas and Kauravas, presented it to Guru Dronacharya, their royal guru for warfare, as an appreciation for training them.
●    Gurgaon has historically been the center of education and Gurugram is said to be its historical name.
●    The Land became part of an extensive kingdom ruled over by Rajputs of Yaduvanshi otherwise known as the Jadaun tribe in ancient times. It was annexed by Babur when the Mughals had conquered India
●    By the year 1803 most of which came under the British rule with the fall of the Mughal Empire
●    Gurgaon fell under the Indian state of Punjab,after India attained independence.
●    Area - 732 kilometre squares, Gurgaon currently has a population of 1.7 million people. It is a major part of the National Capital Region (NCR) of India.

Now that we somewhat know the history of Gurgaon city , let's further look into - Investments and properties.

Do you believe in making right type of investment in the right time ?

Believe it or not, if real estate slump has done anyone, any good, it would be the homebuyers.

With real estate prices being stable for long now, it is an opportune time for to make their purchase.

Infact..

One such market that even during the slump, has had a hotbed for homebuyers and investors is Gurgaon.

The micro-market was distinctly very different, especially when it comes to the way property prices moved.

Infact, even the luxury properties witnessed a better fate during the slump duration.

The graph below gives you an idea about the average price evolution since 2009 to 2019.

There has been a big change, what could be the reason for it?

Why to invest in Gurgaon?

Some of the major reasons to invest in Gurgaon would be the change in infrastructure, developments etc in the last few years ..

Let’s find out ..

Its proximity to the National capital (Delhi)

International investors, even NRIs, usually choose locations that are nearby and close to the country's capital. The prices and value of the property in the capital and its nearby regions, like Gurgaon, is easy to track remotely.

The success story of Gurgaon's real estate developments ,infrastructure, capital value appreciation and how it made millionaires out of humble investors, have also gone viral globally, which in turn has generated more interest from investors.

Rent as much.

Good amount of demand and visibility of rental earnings and their steady growth is one of the major factors that attracts NRIs who would want very good returns on the investment.

Infrastructure

The government has shown great interest in developing Gurgaon, be it connecting it to the national highway or flyovers that connect it to Delhi or the Metro rail. Plays an important role of giving assurance to someone who resides abroad that the property values of the location will continue to remain stable if not appreciate.

More about infrastructure of (GURUGRAM)
Let’s look into the social features.

Gurugram is known for its excellent infrastructure in terms of sky-touching housing societies, residential colonies, wider roads, modern shopping complexes, schools and medical facilities.

Talking about infrastructure..

Two more major aspects to be considered are the institutions and schools, since Gurgaon was once a great center of education.
Number of good schools and institutions in gurgaon where students from different parts of India come to study are mentioned below.
Some of the leading institutions

●    MDI
●    Institute of Technology and Management
●    Dronacharya College of Engineering
●    Indian Institute of Law
●    The State Bank training Academy
●    Apeejay College of Engineering
●    The Fertilizer Development Institute
●    Potash Research Institute
●    The Ansal Institute of Higher Education
●    Gurgaon Institute of Dental Sciences

● Sushant School of Art and Architecture

Schools in Gurgaon

●    Alpine Convent School
●    Amity International School
●    Delhi Public School
●    Shalom Hills International School
●    Summer Fields School
●    Rotary Public School
●    Blue Bells Model School
●    Our Lady of Fatima Convent High School
●    DAV Public School
●    Ryan International

● Pathways World School near Aravali Hills

Other features of infrastructure -
( connectivity and entertainment )

Highway (NH8)

Gurgaon is very close to the country’s capital Delhi's Indira Gandhi International Airport that makes it a preferred destination for corporate bodies. The (NH 8) is one of the best ways to connect to Jaipur and Delhi via Gurgaon. Gurgaon, for that matter. also shares its boundary with Delhi and Faridabad

Entertainment

In terms of entertainment, Gurgaon city has a lot to offer like dining, shopping, nightlife etc. Gurgaon has some of the best shopping malls for example - DT Mall, DT Mega Mall, Sahara Mall, DLF City Center, MGF Mega City, DLF Grand Mall and Metropolitan Mall where shopping freaks can enjoy their shopping.

A dream project of Haryana Government called as the 'Golden Triangle City Center' in Sector 29, will soon add more charm to Gurgaon city. The city has the finest pubs, lounge and hotels to enjoy many beautiful shades of life.

Places like Kingdom of Dreams and Appu Ghar are very popular specially among the youngsters.

Transportation

The city has a good transportation system, and connectivity. There is also an option for people to take State run buses to commute in various parts of India. The latest addition to Gurgaon transportation and facilities is the 'Rapid Metro'.

Are you convinced? Or Is it still a point of question, whether it is a good idea to invest in Gurgaon real estate?

Well Hope not.

There is always a right time to invest, in case of Gurgaon, 2019 seems like a great Year.

Disclaimer : The views expressed above are for informational purposes only. We do not guarantee the accuracy and completeness of the information and shall not be held responsible for any action taken based on the published information.

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