06/12/2015
Gurgaon, one of the corporate hubs in the country and is home to 500 MNCs & considerably higher number of Indian corporate giants. This is likewise one of the major reason as to why Gurgaon pulls a ton of expat population who have a strong inclination towards Gurgaon because it proffers them best-in-class lifestyle equation. Gurgaon offers the audience a great extent of choice options for luxury housing with a multiple number of luxury housing projects that are either operational or are on the verge of completion or are probably under construction. These high-end sumptuous projects flaunt impeccable range of amenities & facilities what exactly the expats are looking for in their homes.
These include :-
Educational, health care facilities, plush malls, spunky shopping centres and multi-cuisine restaurants that facilitate food of all major world cuisines
Good MRTS (Rapid Metro) system which has enormous expansion plans
Nearing proximity to airport
Hastily developing infrastructure
In Gurgaon, the luxurious homes favoured by high networth individuals (HNIs) are well constructed spacious abodes with bountiful daylight exposure, modish fit-outs, thorough power backup facility, well-equipped recreational pools, gymnasium, library facility and much beyond. And there is no scarcity for such homes genuinely and as a rule, luxury developers have done whatever it was required in furnishing their offerings with state-of-the-art interiors and amenities. Genuine luxury in this business does not bolster half measures, with the target clientele being HNIs who have travelled to the far corners of the world and expect the best. Many developers, with an intent to take no chance at all with the aesthetics of their high-end offerings, have associated themselves with some globally reputed design firms to proffer the edge-winning excellence to their projects.
Later on in the future context, Gurgaon’s luxury real estate market is anticipated to pick up the momentum because of:
Demand essentials stay solid because of sound office space absorption and the city’s position as the most favoured residential destination for upper levels of management crosswise over different corporations.
Quality of construction, amenities, specifications and closeness to social infrastructure will keep on going to act as key drivers for improved demand momentum.
Luxury housing is based on ideas of niche address and restricted forthcoming supply, particularly on the Golf Course Road.
Interest rate softening might have a positive effect as end-client purchasers, particularly salaried professionals (the upper-tier administration) are hoping to move up to luxury settlement by selling off their older investments and overcoming the gap through bank loans. Secondary market transactions for the concluded and near to completion projects is likely to infuse momentum in the primary market going ahead.
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