Despite the economic slowdown, the condition of the Gurgaon Real Estate markets is looking up presently, all thanks to the interest shown by corporate buyers. Though there is no doubt about the fact that Cannaught Place remains the most favored as well as the costliest destination preferred by commercial buyers, Gurgaon too figures on the top of the list. The reasons for this include – the good infrastructure as well lower rentals associated with commercial real estate in Gurgaon. Other factors which have worked in favor of Gurgaon & made Gurgaon Real Estate a valued investment include better law & order conditions prevailing in the regions, the presence of a healthy mix ofcompanies from multiple sectors as well as cleaner titles.
Trends Observed In Commercial Real Estate In Gurgaon
- Businesses already having HQs in Delhi prefer to invest in Commercial Real Estate In Gurgaon (& other NCR) for the purpose of expansion.
- The past few years have witnessed a stable rental yield as far as Gurgaon Commercial Real estate is concerned.
- Locations like Southern Peripheral Road, Golf Course Road Extension & Sohna Road are emerging as favored location among commercial buyers.
- The increasing demand for Office Space In Gurgaon is driven by commercial investors mainly from industries like – Banking, BFSI, IT/ITES, pharmaceutical as well as manufacturing.
Gurgaon As A Commercial Hub – Factors That Helped
Proximity To Delhi – This is undoubtedly one of the major factors that aided in the fast paced growth that helped make Gurgaon the commercial hub that it is today. Not only is Gurgaon close to Delhi, it is well connected through excellent roadways as well as the Metro Link.
Interest Shown By Big Brand Realty Developers – It all started with the DLF exploring the realty markets in Gurgaon in the 80s, & today almost all big & small realtors have a presence here, including bigwigs like – Paras, DLF, Unitech, Vatika Group, Ansals, Bestech, Emaar MGF, & Spaze Group.
Today, Gurgaon has emerged as a prime market for investment by big & small commercial buyers & is preferred over other NCR locations.