Flat-Plot Price Hike: Gurugram city leads in terms of wealth and expensive property in NCR. But after the COVID-19 pandemic it has again become the most sought-after real estate hub. Whatever house there is in Gurugram. He remains happy. The price of millions of homes has increased by lakhs in just a few months.

Its better social amenities have also made it a good location for residential and commercial property. As stated in the report. That almost all property prices in Gurugram have increased compared to the last year.

Notably, residential property prices around Dwarka Expressway have increased by 25 per cent over the last year and by 50 per cent year-on-year since pre-COVID-19. Because there are ample housing options. This is a huge difference.

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The report said. That the construction of the very important Dwarka Expressway in Gurugram is now in the final stages. And it will be inaugurated soon. This expressway easily connects Delhi to Gurugram. Hence becoming the most popular real estate area of Gurugram.

This has resulted in increasing demand for homes on the expressway. A lot of real estate projects are waiting for its inauguration. This will provide homes to lakhs of home buyers.

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There is evidence of the growing interest of homebuyers for aspirational living, said Ravi Agarwal, Co-Founder and Managing Director, Signature Global (India) Ltd at the Magicbricks PropIndex (Q2FY23-24).

The city's commitment in infrastructure development such as Dwarka Expressway, Southern Peripheral Road, Sohna Elevated Road Enhancement and Delhi Mumbai Industrial Corridor has brought significant changes and benefits to the entire real estate market in the vicinity. Large companies with modern facilities are given preference in the Gurugram market.

He says. That working class people, especially the growing middle class, have rising aspirations have actively sought out expensive homes from reputed developers.

Superfast News Coverage By YuvaPatrkaar.com Team

Publish Date: December 12, 2023  

Posted By Sunil

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