Is it Right Time to Buy Property in Gurgaon?

Being a newbie investor in the real estate market, this question: “Is it right time to buy property in Gurgaon?” kept on coming in my mind. On discussing with a real estate advisor, I realised that for a number of reasons, now is the ideal moment to purchase real estate in Gurgaon. Purchasing residential or commercial real estate in Gurgaon yields a substantial return on investment. There is a good chance that future profits will be higher if the city develops more as a financial and industrial hub.

Is it Worth Investing in a Property in Gurgaon?

It is because of the city's advantageous position as a centre for employment, both luxury projects for individuals wishing to invest in high-end real estate and cheap housing alternatives have been developed. 

The real estate advisor highlighted a few pointers that ultimately made me invest in Gurgaon,

• In H1 2024, Gurgaon accounted for 56% of all office leasing in the NCR, maintaining its position as the market leader. 

• The inauguration of the Dwarka Expressway's Haryana segment in March 2024 has improved Gurgaon-Delhi connection.

• The city is connected to IMT Manesar, IGI Airport, South Delhi, Lutyens Delhi, Dwarka, and West Delhi by important road networks like the Central Peripheral Road (CPR), Southern Peripheral Road (SPR), and National Highway 48 (NH48), which further enhance commuting. 

• The future Multi Utility Corridor (MUC), which will eventually become the CPR Extension, would improve the region's infrastructure by bringing in necessary utilities, medical facilities, and educational establishments.

• Significant improvements have also been made to public amenities, such as metro extensions, better railway connectivity via Garhi Harsaru Junction and Gurgaon Railway Station, and the growth of commercial areas like Sector 88 and ISBT Sec-84.

It is because of these reasons that makes Gurgaon more attractive to purchase an apartment there.

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