Wednesday 17 April 2013

The Number of Vacant Flats for Sale in Gurgaon Declines

The number of vacant properties in Gurgaon is very less. This boosts the property prices in the city. Normally the prices of properties are related to the demand and supply; here the property prices are higher and still getting higher just because of the lower supply of new launches. There aren’t many vacant Flats for Sale in Gurgaon. The number of new launches has gone down. Though this was part of the marketing strategy of the builders who did not come up with many new launches, it has an impact on the property prices.

The property prices in Gurgaon have gone up. The prices are up not only for the residential properties but also for Gurgaon Commercial Property which has become hotter these days. The number of investors who invest in the commercial sector is increasing. This creates better value appreciation for the commercial properties. Thus they remain one of the best options of investment.

Yet, it may be false to consider that there is no one who invests on residential Flat in Gurgaon. There are many who invest on the residential sector as well. However the number of end-users will be more in the case of this. Moreover the investors and end-users are top earners and not small scale investors. It is not possible for any small scale investors to foot in Gurgaon as the city has gone far beyond the reach of them.

Gurgaon is one of the top cities in the Delhi-NCR. The city is considered as a tier I city now. This means that the city is the best in the NCR region and holds better appreciation and investment options than any other cities in the NCR. However the Flats for Sale in Gurgaon are mostly falling in the luxury segment and not in the affordable housing segment.

The number of affordable Flat In Gurgaon will be very low. The city has got a good number of golf courses which are considered as one of the best sign and symbol of luxury. Those who wish to lead a top-end luxury life; Gurgaon is one of the best. The city provides easier access to the outer world as it is close to the international airport. Its closeness to other NCR cities like Noida and Faridabad, besides New Delhi, is also making it hotter ever.

Along with the residential development, there is commercial development as well. Only with the commercial development in the city, the city has become suitable for living. Thus it has to be noted that it is because of the presence of Gurgaon Commercial Property that the city is considered as one of the best places where anyone can lead a life of comfort and convenience.

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