Wednesday, August 29, 2007

Real Estate - Gurgaon Property

The Gurgaon saw some of the huge geographic changes and became a hub for every MNC company. With this unprecedented growth Guragon came as a place for living and became the business hub for Real Estate companies and Property dealers. Gurgaon properties dealers are enjoying a boom in their business because of the growing population in the city. The rates of residential property have touched the skies and residential property dealers in gurgaon are making maximum money out of this.

Real Estate giants like DLF and Unitech are planning to launch more than 10 projects in residential sector. They are proposed to build some where about 800-1000 residential apartments in a year. Others who are joining the party is the Ansal group with projects like Valley View Estate on Gurgaon-Faridabad road. In this residential project, one can opt from one bedroom unit of 627 sq ft area, two bedroom apartments rang from 929 sq ft to 1097 sq ft and three bedroom units covering 1300 sq ft of space.


Another prime area of concern is the city’s development at a much faster rate. Every month we see malls & shopping complexes coming up in the city which further adds on to the utilization of office space in Gurgaon. In case this hazardous industrial growth continues then soon there would be a time when we would not be able to find out even one square feet of empty space in Gurgaon. I know this might sound like exaggeration of its own kind but this can be a harsh reality of future as well.

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