Gurgaon The Den Of The Multinationals

Affordable housing supply and construction activity got a massive push due to the Budget 2016. The budget announced 100 per cent deduction for profits to housing projects building home up 30 square meters in four metro cities and 60 square meters in other cities. Due to this it is likely to spur the supply of affordable homes.

This means luxurious residential flats in Gurgaon within the reach of the common man. First time home buyers will also get rebate on additional interest of Rs 50,000.00 per annum for loans upto Rs 35 lakh sanctioned in 2016-17, where the house cost doesn’t exceeds Rs 50 lakh.

This will encourage builders to invest more on building affordable houses, with more construction works it will result in more employment.

As per mythology Gurgaon was called as Gurugram, which was as per Mahabharat gifted by Bhishmato guru Dronacharya to train the Kauravas. Gurgaon is the modern name is a city situated in the state of Haryana in India and in immediate south to the national capital territory of Delhi. Witnessing rapid urbanization, Gurgaon has become a leading financial and industrial hub with the third highest per capita income in India.

Due to this the demand of residential flats in Gurgaon increased to sky high. There are more than 1000 residential sky scrapers in Gurgaon. The key projects those are running is Gurgaon are:-

Olympia, DLF Privana, Vatika Xpressions, Godrej 101, Eldeco Accolade, Ireo Uptown, ILD Arete, Supertech Hill Crest Floors, Central Park III Independent Floors, Ashiana Mulberry, Supertech Hill Town, Emaar MGF Palm Terraces Select, SS Group Plots, Central Park III Independent Floors, ILD GSR Drive, Vipul Aarohan, Anant Raj Estate Plots, Supertech Azaliya, Supertech Scarlett, M3M Merlin, Orris The Blue Lagoon, M3M Sierra, Ireo Victory Valley, M3M Escala, Tata Raisina Residency, M3M Latitude, Vatika Xpressions, Ireo The Grand Arch, Central Park III Independent Floors, Raheja Ayana Residences, Vatika Gurgaon 21, Tata Primanti Villas, Tata Primanti, Central Park III The Room, Gurgaon 99, Godrej 101, Raheja Revanta Surya Tower, Orris Carnation Residency, M3M Urbana One Key ResiMents, Orris Aster Court Premier, Ashiana Mulberry.

And the top builders in Gurgaon are:-

DLF Group, Sobha Limited, Omaxe Construction Ltd, Ansal API, Unitech Limited, Godrej Properties Limited, Parsvnath Developers Ltd, Eldeco Infrastructure, Mahindra Lifespace Developers, Vatika Group.

With the increasing demand of residential flats in Gurgaon flats in Gurgaon, more people are interested in investing in real estate business in Gurgaon as the demand for both commercial building and residential flats in Gurgaon is sky-high.

Final Thoughts: –

Gurgaon is currently a leading financial and industrial hub. Now Gurgaon is the most preferred location by the leading multinational companies. The city offers a large number of employment opportunities due to which citizen mostly prefers residential flats in Gurgaon than others. It is expected that by 2018 there will be around 2500 residential flats in Gurgaon.

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