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GURUGRAM HAS THRIVING REAL ESTATE

Mohit Malhotra, Founder & CEO of NeoLiv, attributed the surge in demand to Gurugram's burgeoning status as a global hub for industries.

BY Realty Plus
Published - Wednesday, 29 Nov, 2023
GURUGRAM HAS THRIVING REAL ESTATE

There is a surge in demand of Gurugram's burgeoning status as a global hub for startups, multinational corporations, and a high-quality workforce seeking superior housing options.

The focus on infrastructure upgrade in the NCR, especially in Gurgaon with its high-quality living standards, is contributing to this surge in demand. This momentum is expected to persist as the NCR faces housing supply challenges in the mid to premium segment, indicating significant potential growth.

In an unprecedented turn, residential sales in Delhi-NCR reached a 10-year high in the first half of 2023, with Gurugram accounting for over half of the units sold, boasting an astonishing 52% share. The price range of Rs 7,000-7,200 per square foot underlines the city's immense growth prospects.

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