Rise of Commercial Real Estate in Gurgaon

Gurgaon, the hub of major software companies and BPO’s in the north India, has become the cynosure for the most real estate investors. With the arrival of some of the top-notch Corporates, MNC’s and Fortune 500 companies including Coca Cola, IBM, Pepsi, Genpact, DuPont, Microsoft, Marriott International, Genesys Telecommunications, Watson Wyatt, HP, Nokia, Gillette, Ranbaxy, etc, in the satellite city of the Haryana, the demand of commercial real estate Gurgaon has gone up considerably and many big enterprises have been shifting their bases to this miracle city from around the world.

Located in the National Capital Region, Gurgaon is just 15 kms from the New Delhi’s International Airport ands thus is endowed with all the facilities accessible in National Capital. All these points make it a hot destination for corporate offices. More significantly, Gurgaon properties are heavily utilized for the office spaces as the city provides hi-tech and conducive business environment to the buyers. The commercial real estate of Gurgaon is fully furnished and is developed by premier real estate companies Gurgaon like DLF, Vatika, Unitech and Vipul.

Just by paying a little extra for a Gurgaon property, one can establish a corporate office without getting worried about the essential services including interior investment, security, data wiring, internet connectivity, internal housekeeping and utilities apart from electrical provisions. The availability of shopping malls, world class standard of living and sky- touching apartments are other factors to contribute to the mounting rates of real estate in Gurgaon.

The realty boom in Gurgaon made many eminent real estate developers start virtually both middle and high –end construction projects at Gurgaon Sohna Road, Old Gurgaon Road, MG Road and Golf Course Road to meet the swelling demand of commercial real estate in Gurgaon.
Concomitantly, the business of real estate consultants Gurgaon has also been burgeoning significantly. In fact, many real estate agents have actually restricted themselves to the sales of those Gurgaon properties that are in great demand among the buyers to maximize their benefits. Thus it would not be wrong to say that Gurgaon is a perfect location for a MNC to be positioned.