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Real Estate Investments in Gurgaon

3 Comments   |   December 28, 2006    09:45am   |Contributed by Indian Realty News

Gurgaon Real EstateGurgaon, a city in the northern eastern state of Haryana, has now become much famous as India’s Outsourcing Capital. The impressive growth that this cyber city has shown is hardly comparable with any of what its counterparts have accomplished.

Earlier, Gurgaon was known to be a sleepy town on the outskirts of the capital city. Today, the situation has largely changed with several big buildings and shopping arcades doting on this suburb which has witnessed a major real estate boom for the last few decades.

Gurgaon property has reached such a niche which seemed impossible a few years back. Today, a common man needs to think twice before purchasing a house here. Apart from commercial property in Gurgaon, the residential sector is seeing an equal rise in its values.

The existing population of Gurgaon is considered to possess large purchasing power which has further created a large demand for housing thereby giving a puffy boost to the property prices in Gurgaon. Real estate industry naysayers have opined the transport a chief bottleneck hampering the transportation of this fast flourishing cyber city. However, these niggling hurdles are soon to be crossed with the plans to extend Delhi Metro to Gurgaon.

Flying high on the wings of booming real estate, property in Gurgaon has become a dream for every potential investor looking forward to dig high profits and prospects.

Check out the following chart to update your knowledge on the current property rates in Gurgaon.

Gurgaon Property Rates

Location Flat Rate (Rs/ Sqft) Plot Rate (Rs/ Sqft) House Rate (Rs/ Sqft)
Sector-9 -- 1530 - 2520 --
Sector-10 -- 1440 - 2880 1620 - 2250
Sector-15 -- -- 3870 - 5850
Sector-21 -- 2430 - 3510 --
Sector-22 -- 1980 - 3240 3240 - 3780
Sector-23 -- 2430 - 3240 --
Sector-46 -- 2700 - 3870 --
Sector-47 1170 - 2700 -- --
Sector-56 2070 - 2880 -- --
DLF CITY 2070 - 4230 1980 - 7650 1710 - 9720
DLF CITY Phase I -- -- 4500 - 7650
DLF CITY Phase II -- -- 1035 - 9000
DLF CITY Phase III -- -- 2610 - 720
DLF CITY Phase IV 3330 - 4050 -- --
DLF CITY Phase V 2430 - 4050 -- --
Dharuweda 1080 - 1485 -- --
Palam Vihar -- 2700 - 4230 1845 - 5625
Sohna Road 2250 - 3420 -- --
Sushant Lok -- 3060 - 5490 405 - 9315
Vatika City 495 - 2700 -- --


** Price as per the market value in Dec 06
** Property Rates are subject to change due to market vagaries and may differ by virtue of location and project, depending and facilities and other factors.

News Published Under:   Gurgaon | 3 Comments »



3 Responses to “Real Estate Investments in Gurgaon”

Nirmal Says:  |  February 15th, 2007 at 9:47 am  

Real estate in Gurgaon is very hot. Is it a fact that HUDA has reduced the time limit of extension to build houses on residential plots in Gurgaon from 15 years to 7 years?

Indian Realty News Says:  |  December 28th, 2006 at 10:34 am  

Dear Readers,

We thank you for your quick response and productive suggestions. The city specific articles give you additional information on prevailing real estate trends and are intended to assist you in finding answer to your queries.

We have tried our level best to scout every reliable source to provide you with the correct data for property prices that you can count on. If you have any information to bring the improvements in chart, add your suggestions to the comment section.

Thanks
Editor

varsha rani sharma Says:  |  September 27th, 2007 at 2:05 pm  

is there possible to buy property till 20 lacs Rs. thanks