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| Real Estate Market Gurgaon |
Real Estate Sector is one of the widest business segments among other business verticals of a nation.
The Indian Realty industry is one of the largest sectors in the country. It contributes the highest number
of employers in the country. In fact, its contribution to India’s gross domestic product (GDP) has
been estimated around 6.5 to 7 percent. It makes a valuable contribution to the Indian economy. Thus,
the growth rate factor of the real estate market is directly proportional to a nation’s development.
Real Estate Sector not only act as a strong backbone in strengthening the financial status of a country. It
also fosters a number of other industries as well. Because of a direct inter linking connection between
realty market and industries, even a slight lift up ratio in property sector would raise the capital revenue
of corresponding industries.
Now, let’s figure out what is & How this interlinking connection between industries works. Real Estate
Sector can be defined as the property market which serves to develop residential and commercial
solutions for buyers. The sector comprises of residential (plots, independent houses, townships,
villas, apartments, condominiums), commercial (retail malls, office spaces, entertainment
centres, warehouses, PVR, Food courts, etc.). Now, in the development of any segment of property,
certain fundamentals from other industries would be required. Counting from electricity which act
as a primary component of any development. Alongside, other certain essentials are also incorporated
in the development that directly impact on Furnishing, Lighting, Designing & Decor, Building
material, Painting, Kitchen Equipments, Smart Home Products, Entertainment, Fashion, IT,
Education, Medical, Hospitality, Banking, Dining Industry.
Due to this interlinked tie up with different industries, rising in the profit ratio of real estate market
result in driving a great revenue for the rest of industries. Thus, Real Estate Sector act as prime pillar in
the growth of a nation. Alongside, a capital generation factor for other industrial verticals as well.
Thus, it becomes vital to foster the real estate market to make a country financially secured.
Taking into account this aspect, Government has undertaken some of the relevant measures in the
direction of upgrading real estate market of India. Realty sector is straightly connected to
improved infrastructure of a city. There are certain measures which a buyer would definitely look into
before investing in any property. It includes significant connectivity, functional infrastructure, Availability
of useful places such as premium schools, universities, hospitals, retail malls, public transports, etc. These
are some of the key elements that increases the property sales ratio of a city.
Myshopdeal is discussing here the Real estate market scenario of Gurgaon. Myshopdeal is the top digital
real estate consultants based at Gurgaon. With a team of expert property consultants, Myshopdeal
deals with ‘A’ category builders like DLF, Godrej, Emaar, Trump, Krisumi, M3M, Vatika, Ambience,
AIPL,Tata Properties, Microtek, Conscient, BPTP, ATS, etc. Looking at Realty sector of Gurgaon,
the major development is witnessed in last 2 years. Owing to the fact that certain notable developments
have been proposed in the city in the last few years. No doubt, Dwarka Expressway is one of the
most significant developments in Gurgaon. This 200 m highway is the largest expressway of asia by
the date. Designed to provide a better commutation solution to commuters travelling to Delhi and
Gurgaon on a daily basis. Advent of Dwarka Expressway will sure to resolve the biggest concern
of traffic faced by city people by being a traffic free light. SPR is a valuable development in Gurgaon. A
16 km long road connecting Golf Course road with NH8. This road starts from Gurgaon-Faridabad
road near Ghata kanarpur and meets near NH8 near Kherki Daula through crossing at sohna
road at Badshahpur chowk. This has been the smallest of all corridors in Gurgaon, SPR will reach
11 sector counting from Sector 68 to Sector 75A and offer good connectivity to other parts of the
city. This stretch is also known as NH248.
To overcome the traffic issues faced by people, Government is planning to develop an elevated
highway which will link to sohna. This 5 km highway is initially meant to starts from Vatika chowk but
laterally its intended route was modified to extend it by a kilometer. Once operational, this route will
reduce travel time between Rajiv chowk and Badshapur to just 8-10 minutes which now takes
upto 30 minutes to cross the 6 kilometer-long stretch. Another important development going in cyber
city is construction of an underpass near Delhi-Gurgaon border to ease traffic flow. This construction for
the underpass is to facilitate U-turn towards Ambience Mall and an elevated U-turn flyover at Shankar
Chowk on Delhi-Gurgaon Expressway .
Construction work for these proposed roads are going on full swing and is expected to be completed
soon. Once operational, it will ease the traffic concern faced by city people from long time. Providing
smooth access to nearby cities and within the city. A big hit for those who used to commute to Delhi-
Gurgaon on a daily basis for employment purpose. Along with it, proposed metro plan within the city is
too a good move which will ease the commutation process.
Result of this significant move taken by government has interest builders to turn towards Gurgaon. The
major development in the array of residential & commercial sector in the city has happened in the
last few years. Myshopdeal explains the journey of some of the top real estate builders in Gurgaon. The
city is embellished with some of renowned Indian as well as International builders such as M3M who
back to back launched their residential & commercial projects in the city counting from M3M
Broadway Sector 71, M3M Cornerwalk Gurgaon, M3M Prive 73 Golf Course Extension, Woodshire
Sector 107.
Another world class builder who marked their presence in millennium city is Godrej Properties. A
prominent builder of nation who launched their ultra-luxury residential products in city including
Godrej Air sector 58, Godrej Meridien Sector 106 Gurgaon, Godrej Nature Plus Sohna. Recently, the
builder launched one of their high-end residential products in Delhi with the name of Godrej
South Estate Okhla.
In line with it, there are some renowned builders who make their way towards Gurgaon. Krisumi
Group- an Indo-Japanese joint venture between Krishna Group and Sumitomo corporation, who
come along with their high-end residential product Krisumi Waterfall Residencies. The Trump
organisation, owned by immediate American President Donald Trump is launching their super
luxury by invitation property, The Trump Tower in Sector 65 Gurgaon. Top builders like Tata
Housing own their residential project in the city with the name of Tata Lavida Sector 113. Some of
the finest projects that Gurgaon owns includes Microtek Greenburg Sector 86, Emaar Digi Homes
in Sector 62, Conscient Hines, Ambience Creacions Sector 22 Gurgaon.
If you are looking to invest in real estate sector then there is no better option then investing in a
city like Gurgaon. A place which stands high on the measure of infrastructure, connectivity,
transportation, major industries, educational hub, hospitals, entertainment centre, etc. Invest in ‘
A’ category builders project with Myshopdeal assurance. Myshopdeal is the official channel partner
of top builders of nation. Enjoy complete assistance from the expert property consultants.
Connect with us for free site visits at 9711750505 or visit at www.myshopdeal.co.in
Author- Ankita Kataria
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