Gurgaon - The New South Delhi

Today Gurgaon undoubtedly has become India's most expensive suburb with glitzy high-rises and flashy malls recently emerging equivalent to South Delhi locations. A glance at the rise in property prices over the past three-four years explains the reason. A lot of developments with high rise apartments, corporate offices have made this city one of the prime areas of residing.

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Many areas like Golf course Road, South Peripheral Road, etc have started been compared to the posh colonies of South Delhi like the GK's, Vasnt Vihar, Vasant Kunj where the property rates have always been the pick for the investors. It started being developed as an industrial and information know-how hub about 30 years ago, is now seen as the dream location for investors looking for weird property returns. Although average property prices in South Delhi are three to six times more compared to Gurgaon property, depending on the location, the gap is expected to narrow in times to come. The gap would narrow further, since the infrastructure around Dwarka Expressway is being constructed. Here series of housing projects have been launched in few months back that is expected to come up fast. However, it has been marred by litigation, delaying the progress of nearby areas.

Seeing the rising demand for residential properties, several renowned builders like Supertech, Pareena, Eldeco & 3C Company have launched several residential & commercial projects in Gurgaon equipped with world class luxuries. With the launch of Rapid metro has lead to people to prefer this city compared staying in South Delhi. Looking at the scenario NRIs have also started to invest in Gurgaon property viewing this as a fertile place to invest & gain high returns. Looking at the current scenario with rapid urbanization there will be a huge amount of opportunities in real estate market for Delhi / NCR.

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Now all these localities have undergone lots of developments in recent time with lots of country malls, fully developed IT Park & lots of more. Due to this, more & more residential & commercial projects are coming & thus this speedy growth has led to sky high prices of property in Gurgaon. Further, there is whole city developed by DLF which is of the posh colonies in the NCR area. Thus always a better option to invest money compared to any other region in India!!