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Registering the fastest growth on the real estate front, Gurgaon has become the city having lured the maximum number of developers to come and launch their projects, in both commercial and residential segments. In a span of just one year, the prices have shot up by as high as 25%. The property market experts feel that the buyers and investors will not have to wait to acquire a well-appointed property in the city. The new project launches by top developers have assured of great ROI, particularly in the commercial segments. Undoubtedly, as per the belief of the experts, putting in money in these commercial projects in the promising areas offering good connectivity will vouch for better returns in the upcoming years. The market expectations As per the market watchers, the realty sector is expected to witness following trends in the near future • Recovery of economy • Lowered interest rates • Highly stable market • More infrastructural developments • Dwarka Expressway to be operational • Availability of all basic facilities and amenities • Launch of a number of new projects. Take a look at some of those promising projects along NH 8 in Gurgaon, which are expected to boost up the realty segment and pave the way for the launch of some more new commercial properties. Ansal Hub 83 Gurgaon Boulevard A new launch commercial project on the block is Ansal Hub 83 Gurgaon Boulevard by Ansal Housing and Construction, offering spaces for offices and retail activities. Constructed by using ultramodern technologies and the facilities to drool for, Ansal Hub 83 is expected to be named among the most coveted business addresses of Gurgaon. The project is spread across 2.46 acres of land and offers paces in the size range of 238 - 121533 Sq. Ft. Price band of these properties is 17.75 lakh to 1 crore. Raheja Trinity Raheja Trinity is an integrated commercial park by Raheja Developers in sector-84, Gurgaon, which brings in spaces for recreational activities as well as offices and retail. This is a business center which is sprawled over 2.28 acres and also offers offices, multi-cuisine restaurants and retail outlets. Area range of the properties is 512 - 1000 Sq. Ft., and the price bracket is Rs. 64 lakh to 85 lakh. Total number of units offered is 200 and the project will be ready for possession by June 2017. Future Outlook The increased capital values can be credited to the introduction of modern townships and industrial developments, being launched at a fast rate across various sectors of Gurgaon. Since Gurgaon has experienced a real estate boom, the upcoming hub that has attracted the buyers and investors is Gurgaon Extension, which is the brand new name being given to Sohna Road, a rapidly developing place. Falling under the new Master Plan 2031, a number of new group residential and commercial projects, residential townships, plotted developments and premium projects are being launched, which is about to bring in realty revolution even in the fringes of the city. Rashmi Karan is a professional writer who writes about the realty industry of India and focuses on offering location-specific information of the cities. She also offers solutions for the real estate related queries.
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