Commercial investments in the realty sector set to scale new heights in Gurugram


The new government with a larger mandate augurs well for the economy. The reformatory changes done by it like Demonetization, RERA and GST in its last term did slow down the NCR market in 2016, 2017, but since then the market has picked up. These legislation has however reshaped the dynamics of the real estate market in Gurugram.  With these reforms in place, the developer has greater accountability to the buyers in terms of timely delivery of the project. The step has further enhanced the confidence of the homebuyers and made them positive about making an investment in residential and commercial properties in Gurugram.

Gurugram is one of the fastest growing realty hubs in the entire National Capital Region. There will be an upsurge in the requirement in the commercial real estate segment as there would be an increase in the grade ‘A’ office spaces for startups, co-working places, and e-commerce.


The upcoming new projects are focused on providing clean and efficient floor plates, sustainability, clean energy, green building features, etc. There is also an infrastructure boost in the city due to new underpasses, walk over bridges, superior building management, and maintenance. The quality of the infrastructure in the last decade has improved consistently and constant efforts are being made to provide the best amenities, efficiency standards and support services to enhance occupier experience. Gurugram has emerged as an industrial hub catering to IT, ITES, BPO to the hospitality sector and healthcare.

One more positive news giving a boost to the commercial investments in Gurgaon is the go-ahead given by Shri Manohar Lal Khattar, CM, Haryana to the Metro route from Huda City Centre pass via Subhash Chowk, Sector 10, Sector 23, and Udyog Vihar to then connect with Cyber City. There will be 26 stations in total between the Huda City Centre and the Cyber City.  Haryana Mass Rapid Transport Corporation Limited (HMRTC) will take up the Metro project as a Special Project Vehicle (SPV) with a budget of around Rs 5,126 Crore. The new metro route will give a boost to both residential and commercial sector investments in the city as connectivity will increase, giving relief to daily commuters for work.

In the backdrop of the current developments, it can be said that the realty sector will see a transformational change in the fiscal year 2019-2020 with unprecedented developments in Gurugram.

References: Media Reports, Economic Times, Hindustan Times, TOI, Press Releases

Disclaimer: This information has been collected through secondary research and Elite Landbase is not responsible for any errors in the same.

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