Gurgaon's real estate growth gained momentum with the onset of a new era, propelled further by the inauguration of the Delhi-Gurgaon-Jaipur Expressway (NH-48) in 2008-09. This expressway significantly reduced travel time between Delhi and Gurgaon, providing easy access to the International Airport—a crucial requirement from a business perspective. This development ignited economic activities, treating Gurgaon's land as gold mines. Proximity to the national capital and the international airport attracted business opportunities, leading to a real estate revolution.<figure class="image"><img src="https://www.signatureglobal.in/blog/wp-content/uploads/2023/11/Industrial-News-5.jpg" alt=""></figure>During this phase, the nation's real estate industry experienced superb overall growth, with Gurgaon surpassing other NCR cities in witnessing maximum growth. Recognizing its potential, multinational corporations and IT giants established units in Gurgaon, fueling demand for office spaces and, consequently, residential complexes for the growing workforce and population. Gurgaon became the epicenter of construction frenzy, with skyscrapers transforming the city's skyline and residential projects mushrooming with modern amenities.Despite two years of global pandemic and sluggish worldwide economic growth, Gurgaon experienced significant growth in the real estate sector in the past two consecutive years. Government pro-business policies, initiatives, and slogans such as Make in India, Ease of Doing Business, and relaxed foreign investment regulations further fueled real estate growth. Data suggests that Gurgaon performed exceptionally well, emerging as a hotspot for real estate investors, both domestic and international.The story of Gurgaon's recent superb real estate growth is incomplete without mentioning real estate promoters and their comprehensive approach to construction for sustainable development. <a href="https://www.signatureglobal.in/">Signature Global</a> pioneered sustainable development, green buildings, and rainwater harvesting, setting a standard for urban planning and environmental responsibility. Simultaneously, the government responded with ambitious plans to expand metro connectivity and improve road infrastructure in Gurgaon, focusing on better urban planning. These initiatives not only addressed transportation woes but also opened up new areas for development, boosting the real estate sector.Gurgaon has cultivated a tendency to attract a diverse population, and its cosmopolitan culture and thriving social compatibility make it a magnet for many young professionals. This demographic shift has had a profound impact on the types of properties, including plotted townships, luxury villas, and mixed-use developments catering to diverse lifestyles. In the NCR, Gurgaon's property appreciation graph rate is much higher due to a quality life, including school education, job opportunities, and adherence to green building norms.

Gurgaon's Real Estate Soars in NCR with Quality of Life - Health, Education, Jobs, and Green Building Standards