With sprawling vacant spaces of excellent location, manpower and infrastructure, Gurgaon is one of the emerging commercial hubs of India. For setting up of industrial, BPO and other commercial structures, Gurgaon is the prudent choice for investors. Let us take a look at the following reasons that are responsible for making Gurgaon as a hot spot for commercial property investment.
Causes of Gurgaon Commercial Property Development
- The Location – Gurgaon can be easily accessed from places like Delhi, Faridabad, Noida and Rajasthan. Above all, it is few kilometers away from the airport. The NH8 expressway connects the city with the capital of the nation and the neighboring state Rajasthan.
- Cheap Manpower – Gurgaon is common destination for the BPOs and Call Centers. Development of outsourcing services can indeed be done at reasonable price.
- Availability of Land - Huge acres of land in Gurgaon are available for real estate development. Realtors can easily acquire land at low cost without facing much hassle.
- Availability of Fund – As already mentioned Gurgaon has already established itself as a prospective destination for world renowned MNCs. FDI in Gurgaon is highly encouraged by the local government policies. Even loans granted by the associated banks are easy to get.
Here are some interesting real estate project in Gurgaon:
Orris Carnation Residency Gurgaon
Ramprastha City Edge Towers Gurgaon
Unitech Nirvana Country 2 Gurgaon
Dlf New Town Heights Gurgaon
Dlf Express Greens Gurgaon
More to Boost Gurgaon Commercial Property
There are more reasons behind the development of Gurgaon commercial property. The metro rail connecting to Delhi and the expressway to Jaipur and development of SEZ have catapulted the growth of Gurgaon commercial property to great extent. In near future there would be about 8 SEZs located in the city.
The residents of Gurgaon have indeed witnessed a variety of real estate structures. The popular urban culture has given way to construction of massive malls and multiplexes. Not only corporate buildings but also commercial centers like InfoCity, Pace City, IMT Manesar and Udyog Vihar are been set up.
In deed, among corporate houses and firms, Gurgaon is certainly their first choice as we find big giants like Siemens, GE Capital, Ericsson, GE BPO Centres, American Express, Convergys, Nokia, American Financial Express,KPMG Intl. , Hughes Software, Coca-Cola , Bechtel, Pepsi Co., Microsoft, Reckitt & Benckiser, Hewlett-Packard, Airtel, Motorola, Honda, Fidelity and IBM have already made their presence felt in the city.
