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Gurgaon Property Market Price Trends!

Gurgaon, now known as Gurugram is a part of the National Capital Region because of the great infrastructure and technological development. The cyber hub in this city attracts many young professionals from different parts of the country. The city has welcomed a number of shopping malls, better education institutions, amazing healthcare facilities and the world-class Dlf Cyber City in a span of 20-25 years. Add to that the seamless connectivity offered by the Delhi Metro as well as its very own Rapid Metro, makes Gurgaon a mirror to India’s growth.


Infrastructure & Connectivity
The infrastructure of Gurgaon has seen a tremendous change over the past few years. Multi-storeyed apartments and numerous malls have been successfully constructed in areas which once were a piece of barren land. It now boasts of great healthcare facilities, well-mapped roads and numerous other infrastructure projects. The Delhi Metro as well as its very own Rapid Metro provides seamless connectivity to this ever-developing city. The city is also well connected to the capital via the Delhi-Gurgaon Expressway.


Since Gurgaon has become the IT hub of Haryana, the number of people migrating here has increased tremendously. The current population of Gurgaon is 2.3 million, which was just half (876,824) around 5 years back. The growth rate for this city is drastically high at 73.93%. This city has the highest literacy rate in Haryana but the sex ration is undoubtedly low at just 852 females for every 1000 males.


Life Style
Gurgaon has come up with numerous malls, multiplexes, high-street fashion outlets, luxury hotels and amusement parks that keep the inhabitants of this city entertained and glued to it. This development has changed the lifestyle of people of this city and has in fact caused a drastic change in the living standards of the people. The life of Gurgaon has improved many folds over the past few decades and will continue to do so in the near future.


Key localities in Gurgaon
The overall development of the Gurgaon led to the development of various localities. People demanded better living opportunities and the innumerable builders of the city gave them what the common people desired. They developed various multi-storeyed buildings, apartments that matched the international standards. Some of the major localities where one can find the best property in Gurgaon are:  DLF City, Phase 5, Sector 49, Sector 82, Sector 15, Sushant Lok, MG Road, etc.


Real Estate Market
Praising the infrastructure development of a city would be incomplete without praising its builders. They play a major role in taking the city to its present heights. The top 5 builders of Gurgaon who have contributed to this development are:  Unitech, Godrej, Omaxe, Ansal API, Parsvnath and others.


Projects in Gurgaon
There are many upcoming projects in Gurgaon to suit the needs of all the locals as well as the migrants. Gurgaon real estate market is blessed with a number of future-ready projects ranging from affordable flats and floors to luxurious villas. Whether you want to invest in commercial property for your business endeavor or want to buy a home to live in this smart city, Real Estate in Gurgaon would not disappoint any one of you.


Govt Projects in Gurgaon
HUDA or Haryana Urban Development Authority has launched a new HUDA Govt. Affordable Housing Scheme in Gurgaon where one can buy several 1BHK, 2BHK or 3BHK flats at a very affordable price. One would have to pay for the carpet area only and could get the house in easy installments that too 90% financed. With the coming of these schemes, people of all the classes, ranging from the lower income group to the higher income group, would easily find a home they can now call their own.

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  • Sales Price Trends in Gurgaon

  • Property Distribution @ Realestateindia.com

  • Locality Price Range (Rs./Sq-ft) Average Price
    Apr 2018
    Jul 2018
    Sector 59 17194 - 17241 17217.5 0%
    Sector 42 12895 - 15862 14378.5 0%
    Dlf City Phase V 12317 - 12500 12408.5 3%
    Sector 24 9932 - 15000 12466 0%
    Sector 58 9804 - 11190 10497 0%
    DLF City Phase I 9449 - 10079 9764 7%
    Sun City 9333 - 9867 9600 4%
    Sector 60 8516 - 10171 9343.5 3%
    Nirvana Country 7863 - 8780 8321.5 5%
    Sector 63 6993 - 8724 7858.5 2%
    • 64% - Apartments / Flats
    • 12% - Residential Plots
    • 15% - Builder Floor
    • 7% - Independent House
Disclaimer : The Price Trend of different location has been compiled from the asking price of the database of properties listed on RealEstateIndia.com and are not based on the actual transactions. Therefore RealEstateIndia.com does not give any guarantee of the accuracy, reliability and completeness of any information and data should be verified independently.

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