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Rental Houses in Gurgaon
Gurgaon has fast developed into a hub for some of the major corporate houses and MNCs in the last couple of years. Besides propelling the demand for commercial office spaces, the large influx of corporate executives and expatriates into the city has opened the space for rental homes. Most of these residential rental properties targeted are for high-end consumers and corporates who opt for the independent houses either on corporate leases or in keeping pace to their living status. Rental property in Gurgaon is very much in demand these days in various specifications such as independent houses, villas, penthouses, condominiums, etc. And demand from expatriates, companies and high net worth individuals continue to drive the independent houses rentals market in prime areas of Gurgaon. Besides, with limited supply of good housing, landlords manage to attract high paying tenants. Reports say that Gurgaon witnessed an appreciation of more than 30 per cent in rental value of independent houses. Another important reason for the hike in the capital and rental value in Gurgaon is the news that the Metro will soon reach this city.
Statistics show that indicative rental rates of independent houses in Gurgaon at the range of US$13,600 - 27,000 per annum, though vacancy rates remain moderate. However, the scenario of high demand and average supply of independent bungalows is sustained. There have also been a few instances where old independent bungalows were renovated to meet the demand of the up-market and contemporary demands of the consumers. Even though expatriate enquiries are expected to increase with economic growth, industry experts believe that rentals will remain stable with anticipated supply and demand. Another, high demand segment of rental homes in Gurgaon is the luxury home segment. These include penthouses, condominiums and villas. These high-end independent houses come in with features like Italian marble floors, shower cubicles, Jacuzzis, a gym, personal elevators, car-parking facilities and saunas besides swimming pools. Besides they have the ambience to give the inmates the feel of five-star luxury. Besides, penthouses provide top of the line facilities like there are facilities like exclusive clubs and pools. Some of the penthouses in Gurgaon have added up to its luxury features by offering eco-friendly water management and waste management.
Similarly, demands have been seen in for villas and condominiums. These have lately been of much fascination to the experts and corporates who seek a better lifestyle and are the therefore the favorites of the rich and the famous. Real Estate Gurgaon - Buy, Sell, Rent Properties, Commercial, Residential Land Plots, Office and Retail space from reputed builders/developers by our qualified real estate agents with extensive experience in Gurgaon properties Gurgaon, the commercial capital of Haryana, is one of the most sought after destination for MNCs, Corporates, residents and Investors as it offers world class standard of living and globally comparable business address in the form of IT parks and Business Centers. Real estate is booming at a fast pace in this futuristic city of India. It can be witnessed from the number of new buildings coming up in the city. Its mounting popularity has inspired the offices to relocate from congested and unhygienic industrial zones of New Delhi to this trendy suburb.
Another big plus for this city is its proximity to New Delhi's International airport and India's capital New Delhi which has spurred a lot of construction activity by several leading Indian construction companies like Ansal's, Unitech and DLF. Good quality office, commercial and residential complexes have proved attractive to many companies who have shifted their corporate and back offices from New Delhi's business centers to Gurgaon. Shopping Malls, the latest addition in the city has made Gurgaon a prominent destination for retailers. DLF City Centre, MGF Mall and Sahara Mall have provided a huge platform for the retailers to showcase their business acumen in retailing. These malls house the best of brands and theaters to provide an awesome experience. Gurgaon has earned global recognition as one of the best IT and ITES destination. It is the most preferred destination for the corporate executives and the multi-national companies that want space in Delhi. Falling interest rates coupled with the increase in foreign direct investment and a positive stock boom has resulted in increased activity in the real estate market in Gurgaon along with Noida, Delhi and other adjoining areas. Apart from corporate, commercial and retail space, the city also offers a wide range of residential properties such as apartments, condominiums, villas, independent floors, penthouses, duplexes and residential plots to cater to everyone.
Hotels/Shopping Malls: A number of good hotels and Shopping Malls dot the city of Gurgaon. The best places to stay are 32nd Milestone and Bristol. 32nd Milestone has a bar, a discotheque, go-karting and hi-tech games for kids and teenagers. The Bristol is a star hotel with a nice, homely feel to it and an excellent confectionery. The Radisson, on the Delhi-Jaipur highway is also a great place to relax and enjoy. Property investment in Gurgaon will yield rich dividends for sure.
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