South Gurgaon: Gurgaon's Fast Growing Residential Hub
The real-estate market of India attracts investors from across the country and beyond too, in terms of NRI investment. The recent realty hit struck the wrong notes and a few projects got stalled in the few cities. Nevertheless, Mumbai and Delhi-NCR picked up the pace soon. Gurgaon had a significant number of projects lined up and the construction has now seemed to crank up a notch post the realty depression. Gurgaon has achieved a benchmark that shows in the malls and townships it now. Gurgaon's realty scenario has been brought back to the action. A recent residential launch by IREO Group of developers testifies that. Sohna city of Gurgaon has been on a roll since 2007 and aside from its greenery; the realty has served to be a good source of attraction for many investors and developers.
Going back to the history of South Gurgaon, it used to be just as arid as the new Gurgaon was, a decade ago. However, things started to fall into place when big residential townships got their share in Gurgaon and over a period of ten years, Gurgaon has transformed into an aggressive realty market where deals are sealed every month with crores put into residential as well as commercial ventures.
South Gurgaon has seen a consistent growth pace since 2007-08 and IREO group's new launch has everything that will make Sohna a better living choice for Gurgaonites. Placed amid the greenery and relatively less polluted space, IREO's Nuspark will be able to complete the inventory sell out soon.
The route access that South Gurgaon has also makes it a favorable land for the corporate class. Alwar bypass Road that connects Gurgaon's main city and Alwar's margins makes it easier for the developers to build their projects in South of Gurgaon. Given the high-prices that define living in Gurgaon, South Gurgaon has the edge for that matter as prices to acquire land and projects are way too less than Gurgaon's DLF and Metro-linked areas.
NCR's growing realty scenario will help the smaller margins get a good share. This is what has led Gurgaon to become a metropolis.
The real-estate market of India attracts investors from across the country and beyond too, in terms of NRI investment. The recent realty hit struck the wrong notes and a few projects got stalled in the few cities. Nevertheless, Mumbai and Delhi-NCR picked up the pace soon. Gurgaon had a significant number of projects lined up and the construction has now seemed to crank up a notch post the realty depression. Gurgaon has achieved a benchmark that shows in the malls and townships it now. Gurgaon's realty scenario has been brought back to the action. A recent residential launch by IREO Group of developers testifies that. Sohna city of Gurgaon has been on a roll since 2007 and aside from its greenery; the realty has served to be a good source of attraction for many investors and developers.
Going back to the history of South Gurgaon, it used to be just as arid as the new Gurgaon was, a decade ago. However, things started to fall into place when big residential townships got their share in Gurgaon and over a period of ten years, Gurgaon has transformed into an aggressive realty market where deals are sealed every month with crores put into residential as well as commercial ventures.
South Gurgaon has seen a consistent growth pace since 2007-08 and IREO group's new launch has everything that will make Sohna a better living choice for Gurgaonites. Placed amid the greenery and relatively less polluted space, IREO's Nuspark will be able to complete the inventory sell out soon.
The route access that South Gurgaon has also makes it a favorable land for the corporate class. Alwar bypass Road that connects Gurgaon's main city and Alwar's margins makes it easier for the developers to build their projects in South of Gurgaon. Given the high-prices that define living in Gurgaon, South Gurgaon has the edge for that matter as prices to acquire land and projects are way too less than Gurgaon's DLF and Metro-linked areas.
NCR's growing realty scenario will help the smaller margins get a good share. This is what has led Gurgaon to become a metropolis.