The Changing Face of the Millennium City Gurugram


Lavish corporate hubs, a plethora of swanky malls, vibrant nightlife, and a number of high-end residential developments — there are many sides to The Millennium City Gurugram, (earlier known as Gurgaon) that appeal the home seekers and investors towards this popular location of the national capital region. Be it a residential property or a commercial one, community living, or an independent villa, high-end retail or a premium office space, you are sure to choose from the best-in-class properties.



The city is experiencing a number of infrastructural developments at the moment that make it a hot spot for property investments. The widening of major roads, newly constructed flyovers and underpasses and metro connectivity with the capital city and other towns of NCR, all these factors have given a boost to the real estate market. In comparison to Delhi, the property market in Gurugram is yet to reach a saturation point, and, hence, the city offers developments with premium amenities, more space, connectivity, robust social infrastructure, and the trust of the most reputed developers of the region.

The prime addresses of Gurugram, such as Golf Course Road, Golf Course Road Ext, South Peripheral Road, and New Gurugram have a number of sectors sparkling with the liveliness of luxury residential projects, business centers and integrated mix-use destinations. With several ready-to-move-in residential and commercial properties, the most posh sectors of these regions boast of the presence of big players of the real estate such as DLF, M3M, Adani, Mahindra, IREO, Bestech and many more, adding to the charm of Gurugram.

A variety of real estate projects - the upscale mix-use destinations, pre-rented suites serviced by the giants of the hospitality industry, plush residences in resort-themed townships and high-end commercial spaces contribute towards the popularity of Gurugram, and are benefitted with the ample social amenities this city has, such as the reputed schools, well-known medical facility centers, local markets, entertainment & shopping avenues, cinema, etc. With the availability of public transports in every corner, and direct access to the International Airport, Delhi, the location caters to almost every need of those who choose to live/ work or both within Gurugram.

Undoubtedly, the role of Govt. schemes and the changing regulations such as RERA and GST relaxation etc. has made the real estate transactions more sorted for the investors and with the rapid advancements the city is witnessing, the property rates in this region are expected to witness a good appreciation in the coming time. The growing interest of property buyers in Gurugram has given birth to the growth the city is witnessing today; and similarly, the growing infrastructure and developments collaboratively have appealed the buyers and made The Millennium City, what it is today.

References: Media Reports, Economic Times, 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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