Gurgaon A City Of Opportunities

By Author: Ajay Singh
Total Articles: 9
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Gurgaon has been one of the fairy tales we seldom come across. The developmental story of the city has been nothing less than extraordinary. From being one of the cities lacking proper basic amenities it today is transforming a city full of opportunities. At one point of time there was about 12 to 15 hours of power cuts within the city. The scenario has changed much since.

Gurgaon is a growing city with increasing investment coming in from various businesses. A number of multinational companies and quite a few other Indian companies have opened up their operational units in Gurgaon. This has led to huge job opportunity creation in the city. As a result, Gurgaon has been witnessing a shift of population from other neighbouring cities within it.

The real estate scenario in Gurgaon is also looking pretty promising with various major real estate developers such as the Central Park investing highly in the real estate of Gurgaon. As a matter of fact, the Central Park residential complexes are among the top class and most developed residential projects undertaken, not only in ...
... Gurgaon, but in India as a whole. Such high quality real estate developmental projects are dotting the city of Gurgaon. With a number of business organizations beginning their operation in the city, it is no wonder that the demand for top grade residential apartments is on the rise. According to some recent figures as high as 30% of the buyers are opting for the premium apartments on sale, which costs about 1 to 2 Crores each.

Real estate development is certainly one of the safest bet in terms of investment in Gurgaon and other such developing cities. Apartments in the residential complexes are available between Rs.4500 and Rs.6000 per square feet and the rental rates of the apartments is currently available at a rate ranging between Rs.14 and Rs.30 per square feet. This gives a good margin for investment in the residential complexes for those considering buying and renting out apartments in the city.

Gurgaon witnessed the spectacular growth post the development of the NH 8 connecting New Delhi and Mumbai. This led to mushrooming of business centres on the areas adjacent to the National Highway. Gurgaon is also well connected to the various parts of the NCR via local buses, autos plying between the various parts of NCR and the recently developed Delhi Metro. It has become easier for people to communicate within the city as well as with the neighbouring regions. The Indira Gandhi International Airport has also supported the economy of the city and has played important role in the development of the hospitality industry within the city.

The hospitality industry of Gurgaon has seen major growth with increasing business organizations readily investing in the city. Among the top class hospitality developmental projects being undertaken in the city, the Central Park Gurgaon project is certainly worth mentioning. Gifting the city some of the most prestigious 5 star hotels as well as residential housing complexes, Central Park Gurgaon and other national real estate developers have changed the face of the city. Today Gurgaon is not merely another city which is close to some other tourist destination; it is a city of potentials with attractions of its own.