Gurgaon is Now an Investor's Paradise

Bangalore: The luxury properties of Gurgaon is the hottest cake in the realty market and every investors wants a piece of it. According to developers and realtors, more than 70 percent property buyers in Gurgaon are investors and remaining percent are end-users.

“Realty market in Gurgaon took off after DLF came up with high-end offices around 2001-2002. Since then, it has delivered high returns on investments. Proximity to the airport and national highway, along with excellent connectivity provided by the MG Road and the recently built Metro has been key drivers for the city,” said Sanjay Sharma, Managing Director, Qubrex, reports Shradha Goyal of MagicBricks.com.

Within Gurgaon, there are many areas where developers are launching premium projects coupled with world-class amenities to attract buyers. “In Gurgaon, one should invest in Golf course Road, Golf Course Extension Road, Sohna Road, NH8 and Dwarka Expressway,” says Prashan Agarwal, Co-founder, PropTiger.com, reports MagicBricks.com.

Moreover, investors are also eyeing on proposed Dwarka Gurgaon Link Expressway from last two years. Though the proposed Link is still under construction, developers are already coming up with their new residential projects along the stretch. The property prices on this road will range between 5000 and 8000 per square feet.

The consumers of these properties are the buyers who are either long-term investors and do not hesitate to take risk while investing or the ones who are looking out for such properties to reside in. But, the key criteria to invest in such properties are the prominent builders, striking layouts and fine location. It has been observed that, in Delhi, people who are staying in plotted properties are now shifting to luxury apartments in Gurgaon and NRIs are the maximum of such kind.