| A bubbling city in the state of Haryana, Gurgaon | | | | keen on buying fully furnished property to |
| has witnessed tremendous growth in several | | | | establish their bases in the city, smaller |
| areas over the last couple of decades. Boasting of | | | | organizations are more interested in renting |
| a superb location and high quality infrastructure, it | | | | corporate spaces. This has pushed rates of rent |
| is now a leading center of manufacturing, | | | | in and around Gurgaon quite considerably. |
| outsourcing and other industries. | | | | The apartments and residential complexes in |
| Expectedly, the real estate sector in Gurgaon has | | | | Gurgaon are located among other places in the |
| also experienced a significant growth with the | | | | golf course area, sector 37, sector 103. These |
| mushrooming of residential complexes, modern | | | | localities are not too far away from the central |
| shopping malls etc to cater to the needs of the | | | | areas but are free from the hustle and bustle of |
| cash-rich professionals. The advent of this | | | | the city offering a peaceful ambience to live in. |
| corporate culture has created a demand for | | | | The upmarket apartments and condominiums are |
| space because of which both residential and | | | | self sufficient having grocery stores and other |
| commercial real estate sectors in Gurgaon are | | | | basic facilities within the premises itself. |
| witnessing a rapid growth. | | | | The commercial rental properties in Gurgaon are |
| As far as commercial space is concerned, there is | | | | now available with services such as security, data |
| a competition among companies to grab the | | | | wiring, Internet connectivity, electrical provisions |
| prime spots in the city. This increasing demand | | | | and various other utilities. Real estate developers |
| has put the real estate players in a tough | | | | are now concentrating on areas of the city |
| situation. The names of some of the companies | | | | including Old Gurgaon road, Gurgaon Sohna Road, |
| with presence in Gurgaon will give you an idea | | | | and MG Road. These properties are being sold off |
| about the competitive demand for space - Pepsi, | | | | to interested parties, or being leased or rented. |
| Coca Cola, HP, Nokia, Genpact, Genesys | | | | If one prefers to purchase real estate in Gurgaon |
| Telecommunications, Ranbaxy, and many others. | | | | through the Internet, there is no brokerage cost |
| The growth of commercial real estate sector, in | | | | involved in the transaction. Online selection and |
| turn, leads to modern infrastructure and amenities. | | | | purchase is advantageous also because it offers |
| The leading players in this field include top | | | | buyers a number of options to choose from |
| developers like DLF, Unitech, Vatika, Vipul to name | | | | depending on its specific needs and allocated |
| a few. Prices of property in Gurgaon have shown | | | | budgets. While making a choice, it is better to |
| a rising trend in the recent past and are likely to | | | | make the comparison on the basis of its location |
| continue that way even if there is a temporary | | | | in or outside the city of Gurgaon Property . The |
| setback because of the global economic | | | | distance and commuting time are among the |
| meltdown and its impact on India. | | | | other factors that should be taken into |
| And, interestingly, while the major companies are | | | | consideration. |