Gurugram: the emerging realty hotspot

Gurugram has been providing a wide range of housing options and opportunities for an exquisite living and is a fast developing locality and a preferred residential destination for many. With ready-to-move-in projects and developing infrastructures, the millennium city is witnessing growth not just in residential sector but also in commercial, retail, office, institutional, hospital and industrial sector. Prevalent factors like those of proximity to Delhi, International Airport, availability of land parcels, employment opportunities, industrial development, favourable tax policies, etc. have paved the way to the real estate boom in the city.

By generating more opportunities of employment, the region has developed business and corporate-friendly environment which has rendered to the economic growth where the creation of employment opportunities bringing about more demand for the retail sector.

Mr Pradeep Aggarwal, Chairman – ASSOCHAM National Council on Real Estate, Housing and Urban Development, Founder & Chairman – Signature Global India pvt ltd elaborates, “The government’s structural reforms for the real estate sector has aided in boosting the realty market of Gurugram as the developers and homebuyers got their respective shares of incentives and thus the builders started coming up with their new projects. Signature Global is also coming up with its retail project ‘Signum’ at Gurugram Sector 37D which is touted to be one of the emerging realty hotspots of the region where many reputed developers are coming up with their residential and commercial projects thereby preparing the region to be the major realty hotspot not only in Delhi NCR but also in India.”

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