property, real estate

Gurgaon – The Hotspot For Commercial Property Investments


Today Gurgaon is in every property hunter’s list. Nearly every other industrialist wants to have his organization in Gurgaon which is why we see a large number of top notch MNC’s and Fortune 500 companies having their business in this place. There are a good number of reasons behind the popularity of Gurgaon as the property hub of the nation.Proximity to the Capital -Gurgaon is well connected with Delhi through the Delhi Jaipur national highway and with the opening of Delhi Gurgaon 8 lane expressway travelling to Gurgaon is not a hitch anymore. This National Capital region also has an international airport and with the advent of Metro rail commuting has become all the easier to Gurgaon.Availability of surplus land / plots -Gurgaon has vast acres of land which are still unexplored; there is no dearth of surplus land.Professional Environment -Gurgaon attracts its buyers because of its hi-tech surroundings. Property developers have built offices with high end amenities like internet connectivity with utilities, data cabling, finest interiors, apt security measures, earthquake resistant features, internal housekeeping, video conferencing, wireless networks, and broadband access and telephone systems with dedicated lines. The office spaces available are fully furnished with access to meeting rooms and secretarial support as well as 24 hour building access and storage facilities.Ready to move offices -Another appealing factor of Gurgaon’s commercial properties is its ready to move office spaces which are fully furnished relieving the owner from the hassles of setting up the entire infrastructure including security measures, interiors, data cabling, internet connectivity etc. These offices are available both for buying and on rent. Gurgaon now proudly owns many commercial spaces like SEZS, world class business centers and cyber city developed by the top builders of Gurgaon like DLF, Unitech, Vatika etc.All these attractive features are reasons behind Gurgaon’s property price hike. The only time when rental property experienced a slowdown was during recession when property builders had lost interest in commercial properties but now with improvement in economy we see that rental values in Gurgaon have increased significantly tempting the developers to make huge investments in the commercial property. Buying a property in Gurgaon comes with 100% assured returns.Gurgaon has some prime locations which are best suited for commercial purposes, one such location is Palam Vihar which houses Palam Corporate Plaza. It has some major established retail business outlets. Property buying in Gurgaon can be a tough task with so many real estate agents around but one trustworthy real estate agent is Ansalapi who can be easily relied upon.The high-speed development of Gurgaon is due to its close proximity to Delhi. In the last one year, more than more than 75% of the commercial Grade A space in the NCR was chartered out by IT/ITES corporates, of which approximately 70% was leased in Gurgaon. The neighbourhood areas of Gurgaon are also proving to be highly gainful for investment opportunities. Some of the hot destinations like Manesar, Bhiwadi, Dhaurhera, Rudrapur and Neemrana are fast developing and becoming highly lucrative for the investors.One of the neighboring regions Bhiwadi which is 5 kms from NH8 and 30 kms from Gurgaon houses some of the major industries like Gillette, Kajaria, Bosch & Lomb, Tata BlueScope Steel Limited and Hero Honda, DLF and Sahara.Manesar, is also an desirable destination. Prices in the region have increased from Rs. 20-25 lakh per acre to Rs 1.10-3.50 crore per acre. Another district is Palwal where land rates have risen from Rs 14 lakh per acre to Rs 45-80 lakh per acre. Further under a master plan laid out by the Haryana Urban Development Authority 33,726 hectares will be released around Gurgaon which is three times Gurgaon’s size.The commercial properties in Gurgaon are designed by highly competent architects. Every office has restaurants, health clubs, banks; ATM’s and shops in the ground floor and offices from the first floor onwards. All these unique and striking features undoubtedly make Gurgaon the hotspot for commercial and residential property investments.