The demand for residential properties is increasing in Gurgaon. There are many who are looking for flats for sale in Gurgaon. Though most of the properties are in the top end housing segment, there are many affordable and middle housing segment properties as well. Being one of the top cities in the NCR, there is higher demand for top end luxury projects. It has become a perfect hub of the elite and the top earners.
Residential growth in Gurgaon
Residential sector in Gurgaon is growing very fast. A vast number of new projects are launched in the top end housing segment. The property prices are far higher, yet there is demand for such projects and properties. Many of the top earners prefer to live in Gurgaon as there are some good golf courses. So to say there are many who are gaining flat in Gurgaon, just because of these golf courses.
Unlike Mumbai residential market, where there are not many good golf courses, Gurgaon has many such golf centric projects. For the modern people golf is inseparable part of luxury and so they all are looking for flats for sale in Gurgaon mainly in the golf centric projects. Comparing to the vacancy rates in the normal residential projects, there are only a few unoccupied flats in this kind of projects.
Commercial importance of Gurgaon
Being close to the National Capital and to the international airport, the city holds a commercial importance as well. There are many who invest in the Gurgaon Commercial Property just because they are sure of gaining double profit from their investment. The rentals are shooting upwards day after day and so the investors who wish to gain regular income or returns from their investment, this is a better option.
Yet, it may be wrong to consider that there is no demand for flat in Gurgaon or it is not wise to invest in the residential sector. The city is one of the best investment locations in India and if you are having an investment in the residential sector or in the commercial sector, the returns will be the same. You will gain better returns and you can be sure of this in all the ways.
If you are looking at the growing importance of commercial properties in the city, you will realize that it is better than the residential sector. This is a time when most of the companies are coming up with expansion plans. This will boost the demand for Gurgaon Commercial Property and so the returns will be still more. Once these companies are shifting their headquarters to Gurgaon or NCR, then the rentals will be improved, providing better value appreciation to the commercial properties.