Why property investment in Gurgaon is better

Gurgaon remains the best location for property investment. Being the best destination in the NCR, the city is far better than other NCR cities.

If you have a plan to invest in the NCR area, Gurgaon will be best choice. The city, in many ways, is far better than all other NCR cities like Noida, Greater Noida, Faridabad, Ghaziabad and the others. Among all these cities, the best location for property investment will be Gurgaon.

It is true that these cities are hot destinations. Property investment in any of these cities will fetch you good returns. Yet none of them are as good as Gurgaon. Why? We have to learn the features and factors which make Gurgaon a better location. So, let us move ahead.

Recently Bank of America Merrill Lynch reported that home sales in Gurgaon have fallen. Compared to the last quarter of 2012, the number of new launches is also less. What does this mean? Does it mean that the city is losing its charm?

Gurgaon in no way loses its charm. Though the home sales are down, the property prices are stable and there is no fall round the corner.

Even when the home sales have picked up across the country, Gurgaon is not showing an upward trend.

Home sales across the country picked up because of the freebies and discounts which the builders offered. On the other side, no builder offered any sort of freebies and discounts in the ‘Millennium City’.

Developers remain confident on the fact that they will be able to sell their properties without offering any discounts. Moreover the city has become more or less a hub for the elites.

Property prices in the city remain unaffected by the fall in demand. As per some reports prices have shot up in the city by 4 to 5% now. The restricted supply by the builders has strengthened property prices. It means that the city will remain as one of the best locations for having property investment.