Expatriates Overlook International Options to Invest on Gurgaon Property

Gurgaon Property at Makaan.com

All we get to heard about real estate in Gurgaon is the extortionate housing rates that go on swelling with every passing year. The escalation in prices may have broken the back of mid-segment buyers, but it has come as a windfall for filthily rich expatriates who are keen to invest properties in the city. If the recent news are to be believed, the high appreciation rates and the crumbling of rupee against dollar has  attracted these NRIs like bees to honey.

The craze for investment on Gurgaon properties is so high for these expatriates that they are overlooking other alluring options such as USA. Those who had purchased properties 7-10 back in lakhs can now sell them in crores: what more could an investor need? In international localities, the prices have devalued and these has made the investors lose interest in them. Gurgaon, as per current scenario, is more fruitful in terms of returns. The pace at which the city has grown in last decade has proved a boon for most long-term investors.

The realty market here is also attracting international business groups, who want to foray into the real estate here. Take for example, Staywell Hospitality Group, an Australia-based enterprise. Staywell has launched its ultra luxury leisure hotel in Sector 14. real estate Properties in Gurgaon in its vicinity shall be able to enjoy all what it is offering: gymnasium, banquet halls, swimming pools, and international cuisines. It would be group's second largest hospitality venture till now.

The city's living standard too has gone all the way up. Recently, CRISIL published a report on the scale of prosperity for Indian cites, and it was no surprise to know that city topped in the list. It has even left Mumbai behind in percent population that has all the basic gadgets, including computer or laptop. Such a population forms 27%,  a value far more than 15% of Mumbai.