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Thursday 27 August 2015

New Developments Set To Boost Gurgaon Realty Even Further

Gurgaon Real Estate
Gurgaon Properties At Makaan.com
There is widespread demand for properties in India across only a few lucky markets which have managed to make a quick recovery from the intermediate property slump that gripped most major markets including metropolises like Mumbai, Delhi and Kolkata. Gurgaon real estate has been swift in making a recovery from this slump with steadily rising demand for housing and high activity and transaction levels in the market. The demand for Gurgaon properties is anticipated to rise even further over the next couple of years owing to several key developments and infrastructural improvements. Gurgaon is today a leading commercial and business hub adjacent to Delhi and is home to numerous shopping malls, employment avenues and corporate clusters. The population of Gurgaon has seen a jump over a period of 3-5 years and this is set to go up with more and more companies making a beeline for the city. Infrastructure has undergone huge improvement and some developments will definitely boost demand in the near future. Real estate Gurgaon is set to benefit from improvements in water supply, sanitation and public transport. Free Wi-Fi connectivity will also be available in public places soon. The Darbaripur, Noorpur, Bandwadi and Baliyawas villages will be included within the Gurgaon Corporation and this will lead to further expansion. The metro railway extension will also boost realty progress in Gurgaon. The Rapid Metro will link Sectors 56, 44 and the Golf Course Extension Road by September 2016.

Five zones will be the hubs for street markets in Gurgaon, an innovative concept floated by the municipal authorities. Additionally, the authorities are working on making 24-7 water supply a reality in several areas and the Chakarpur pilot project has already been successfully completed. Night markets will be introduced across Gurgaon to improve overall safety while street lighting will also be enhanced. Public transport facilities will be improved and underpasses are also being constructed at IFFCO Chowk, Signature Chowk and Rajeev Chowk. Lighting has been boosted in Rajeev Chowk, Old Delhi Road, New Gurgaon and Pataudi Road among other areas. Such infrastructural developments promise to boost realty markets even more in Gurgaon as per India real estate reports.

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