Gurgaon is the country’s most important business area, around 30 km from New Delhi. It is Haryana’s second-largest city, with an area of 1,253 square kilometers. It is one of Delhi’s most prominent satellite cities and is part of India’s National Capital Region.
The district’s infrastructure has grown dramatically during the previous 25 years. Gurgaon has the highest per capita income in Haryana. The city is India’s second-largest IT hub and third-largest financial center. More than 250 Fortune 500 corporations have made investments here. Gurgaon is quickly increasing due to its strategic position, closeness to the country’s capital, and contemporary transportation and infrastructure. As a result, any investment in commercial real estate in Gurgaon becomes extremely valuable and profitable.
Continue reading to learn more about the benefits of investing in Gurgaon.
Top 2 Reasons to Invest in Gurgaon Real Estate
- Connectivity
Gurgaon real estate is well-connected to neighboring cities. Excellent routes and highways connect the city to the major NCR cities. It is about 35 km from Delhi. Gurgaon’s many neighborhoods are connected via metros and taxis. It also boasts the IGI airport, which connects it to other Indian cities by air.
Because of its excellent connections, the city is a desirable location for business ventures.
- Infrastructure and Amenities
Gurgaon is one of the country’s most developed cities. It has seen significant infrastructure development during the last two decades. Gurgaon is one of the most sought-after commercial investment sites due to its exceptional state-of-the-art facilities.
Gurgaon is home to cutting-edge hospitals, including Max Hospital, Artemis Hospital, and Medanta-The Medicity. It also boasts various hotels, ranging from 5-star hotels like the Crown Plaza to more budget-friendly options like the Holiday Inn and the Red Fox Hotel. In addition, various restaurants in the city, such as Café G and the Ivy Restaurant.
Top 5 Steps to Invest in Commercial Real Estate in Gurgaon
Here are some actions you should take if you want to invest in commercial property in Gurgaon:
Step 1: Finalise your investment budget while considering your present financial responsibilities.
Step 2: Conduct an online search for the city’s most profitable and developed districts.
Step 3: Select several probable locations. Visit those sites to learn about the infrastructure and facilities surrounding the property. Examine the area’s connection and transit options as well.
Step 4: Find a property that meets your needs and obtain the necessary ownership documentation, such as a title deed, property assessment extract, and foundation certificate.
Step 5: Pay the stamp duties and registration fees to register the property in your name.
Final Word
The investments in residential property in Gurgaon will provide significant resale value as one of India’s business and IT hubs. It is always evolving in providing new, cutting-edge infrastructure to its residents.
As a result, if you are seeking the greatest spot to invest in real estate, Gurgaon may be the ideal option for you. However, if you want to make a prudent investment, consider hiring TrueAssets Consultancy.
