The current/latest real estate trend in Gurgaon Property is very much in favour of buyers and sellers alike. This is because the market is again vibrant with talks and deals after a short slump pursuant to the general recession across the world. The property market is back in the saddle and the real estate scenario is agog with activities pertaining to transactions. In the renewed verve and vitality of the market, new institutional players have entered the market and they along with the existing players have opened up a virtual floodgate of marketing blitzkrieg to grab a better share of the pie. New projects of several infrastructure development and housing companies are coming up at multiple locations for each of them. The main players in the field are: Ansal, Central Park, DLF, Emmar MGF, Essel, Jaipuria, Luxury, Orchid, Parsvnath, Raheja, Sahara, Sun City, Unitech, JMD, Valka and Vipul. Reliable industry sources concur that these construction majors are in the process of building approximately 500 billion square feet of accommodation for both commercial and residential purposes.
The current real estate trend in Gurgaon shows that there will be a minimum 10% to 15% of appreciation in property value in the current fiscal. It should naturally evoke excitement among all concerned, in the wake of a crunching slump that left the industry in a jittery. The market witnesses a renewed interest in the multifarious property profiles such as residential properties, commercial properties, industrial properties, shop spaces, office spaces, corporate offices, villas, house plots, farm lands, condominiums, hotels, builder floors, rented properties, resorts, apartments, luxury flats, economy flats and the like.
As part of the current/latest trends of real estate property in Gurgaon, Major corporate houses have occupied many of the custom-built and finely constructed malls and condominiums of DLF, Unitech, Vipul, Eros, JMD, Raheja, etc. Major corporate houses such as Samsung, IBM, Nestle, American Express, Citi Bank, American Bank, LG, GE, Perfetti, Pepsi, Coke, Flexotronics, Honda, Maruti, Xerox, etc. have found spaces in edifices. Prime properties and spaces are available on lease at major locations of the city. Structures with world-class amenities like ample car-parking, broadband internet, 24x7 power backup, water supply and security services are available at various locations. Of late, there has been an increase in rental rates for commercial, properties and luxury apartments. This is due to the newly acquired vibrancy in the corporate and commercial sectors in the region. On the construction front, it is estimated that around 12000 luxury residential units will be ready for occupancy in Gurgaon in the next couple of years. This is due to the umpteen mega projects launched by many corporate moguls in the region.
Author Bio:-The nameSushil Ansal does not need any introduction in the field of Real estate. Sushil Ansal is an iconic figure of his field and has changed the face of Real Estate in India.The Chairman of Ansal Properties & Infrastructure LTD (Ansal API) is the driving force in establishing the brand Ansal API.Mr.Sushil Ansal has had an illustrious career spanning over 50 years.
No comments:
Post a Comment