Some of the best residential projects are happening in the city of Gurgaon in the next 12 months. As the real estate market picks back up and the Indian economy continues to recover, this is one of the premier regions to find the best deals and most beautiful properties on the market. Here are a few reasons by Gurgaon should be your real estate destination in 2016.
1. A Wide Range of Options
One of the best aspects of Gurgaon real estate is the fact that there are many different types of homes available in varying townships. If you’re looking to spend a lot of money for luxury, you’ll be able find such an environment as easily as you can affordable housing. According to the Real Estate Times, the two types of buyers that have emerged in Gurgaon recently are those looking for residential property versus specifically luxury properties. Well-known real estate developer Unitech has recently put down new residential projects in Gurgaon that features luxury amenities. Not only do these types of townships boast the usual services, such as club houses, open green spaces, and excellent access to major roadways, but there’s another level of luxury now offered.
The Ivy Terraces, for example, are a group of properties situated within Wildflower Country and boast access to self-contained services such as schools, nursing homes, shopping areas, banks, and taxi stands. Luxury housing these days is an up and coming commodity, and if you’re looking for a wide array of options from which to choose, look no further than the townships and new projects in Gurgaon.
2. View from the Top
Don’t forget that although you may find a gorgeous flat to live in, you don’t want to forego natural beauty either. According to India Homes, one of the strongest reasons why Gurgaon projects are a good bet for investment is the fact that many apartments offer attractive views of the bucolic landscapes that surround the Millennium City. Properties are located within a more open setting than a city such as clogged and sometime claustrophobic nearby Delhi. Although larger cities and their surrounding suburbs are known for being major business capitals, Gurgaon has the best of both worlds. You can go to work in the Millennium City, or commute to a job in a larger city nearby, but then go home to both a beautiful, luxurious township filled with greenery. This is helpful in leading a life that’s balanced between personal enjoyment and peace, and hard work in your professional life.
3. The Economic Forecast Is Sunny
Gone are the dark days of the recession that were full of doubts and insecurities about the future as the national economy continues to improve. In fact, real estate experts reported to Business Today at the end of last year that it’s time to start investing again, especially due to the fact that prices in certain areas, including Gurgaon, have lowered due to various market factors. If you’re looking to get in on the ground floor to buy some of the best residential projects for 2016, Gurgaon is one of the safest areas in which to invest. Whether you’re seeking luxury or simply a decent home for an affordable price, the outlook in terms of investments and return are looking increasingly better as time goes on. Given that the current national government is also especially interested in expanding and fostering business and economic growth, there’s never been a better time to get back on the real estate bandwagon.
4. Developments Slated for 2016
The Hindustan Times reports that, due to Gurgaon’s rapid growth in spheres ranging from industry, business, and urbanization, it has the potential to become a forerunner in cities that are capable of self-financing. It’s a city on the rise, and the continuous growth of the corporate sector and companies setting down roots has ensured a steady flow of jobs, structure, and has served as a draw for many different types of property buyers. This includes everyone from expats to middle class professionals looking for a good property investment that will retain its value. Next year is shaping up to be a good year for many sectors, including the real estate market. Gurgaon itself is also continuing to meet many expectations of its residents, and growth hasn’t slowed down so far in 2015.
The year 2016 is slated to be an exciting time for the real estate market in India and new residential projects in Gurgaon, with new interest generated in emerging properties and reputable developers continuing progress in prime areas. The more buyers who are interested in these homes, the more demand will meet supply. Although the entire country experienced serious economic setbacks, as did the rest of the world in the past few years, recovery will continue into 2016. Act now to get in on some of the best deals in the real estate world, especially in fast growing locations like the Millennium City, and reap the rewards in years to come.