India is a becoming economically strong, and in the next few years is going to become a great ground for investments. The growing economic rate will be (and, is already) boosting the Indian CRE sector, as MNCs and global tech giants eye Indian consumers. All of them need a well-furnished office space, which means the market of buying and selling of commercial properties will be on a constant rise.
Apart from the big four cities of India, i.e. Delhi, Mumbai, Kolkata, and Chennai; sub-cities like Gurgaon, Noida, Ghaziabad, Navi Mumbai, Kalyani, Calcutta Riverside, Vasai, Thane, Bhiwandi, and more have emerged out as the favourite for commercial real estate development. These satellite cities have seen a rapid construction, revamp of layout, and rise of consumerism; as a result of which the demand for commercial properties has always been high.
Out of all the satellite cities, Gurgaon, in particular, has seen a prominent growth as a commercial and business hub. Mainly due to the massive circle of startup companies, entrepreneurial ventures, and commercial investors working in the region. This is why the city has deemed as the most sought-after place to set up and run a business. Whether you’re looking for a pre-leased office option for your team or a great commercial building, Gurgaon justifies with its plethora of commercial properties.
Let’s dive in deeper and understand the reasons behind investing in these profitable commercial real estate in Gurgaon
Outstanding location: Gurgaon is one of the best locations in the NCR (National Capital Region) to get sound results from your investments. The entire scene of commercial development in Gurgaon is huge and thus, a great advantage for investors and business owners seeking quality infrastructure, modern designs, and high yielding properties. However, selecting the right location for your office in Gurgaon is itself a crucial task. Lucky for you our solutions managers are carry great experience and knowledge that can benefit you in multiple ways. They can be helpful to clear out all your doubts and confusions like where to buy or when to rent or how to invest.
Centrally located in the northern part of the country, the city also attracts millions of blue-collared workers and labourers from surrounding villages and smaller cities. Thus, property development can be assured with the recruitment of highly skilled workers.
Gurgaon is expanding and the commercial real estate imprints can be found in locations like Sohna Road, Golf Course Extension Road, etc. which was once considered far-flung areas. With the introduction and further expansion of the Gurgaon Metro services travelling has become convenient in this city. Therefore, even for people living in the central and northern parts of Delhi who didn’t consider Gurgaon as a workplace because of the issues in connectivity; now have better work opportunities. This means that companies settling in Gurgaon have the benefit of utilizing a large talented workforce, and they wouldn’t think twice about making any investment decision.
(Commercial properties in Gurgaon works brilliantly as an organization headquarter.)
Varied prices: Gurgaon has something for everyone. From cheap rentals, affordable office spaces to flexible co-working offices and even state-of-the-art corporate headquarters. Business owners and investors can find something suited to their budget needs. There are several opportunities to buy these types of properties at flexible prices than other cities. One can even get good discounts and cheaper brokerage rates. If you are looking for the most reasonable prices with benefits, Gurgaon can be a great option for you.
Bright prospects of rapid growth: Gurgaon has more beneficial options for a rapid growth as compared to other cities. It has better and well-managed infrastructure options. The chances to grow your business are huge, especially for startup companies. Gurgaon offers great startup grooming and growing culture, and the commercial real estate fits in perfectly to provide office spaces that match the requirement of small teams. The scope of development of business for corporate and organizations are also high, as the resources that help in increasing the credibility of the brand are readily available.
High lifestyle: Gurgaon is popular for its fast-paced, hi-tech, and brand-conscious way of living. The majority of people living in big duplexes and bungalows are of an entrepreneurial mindset and prefer new brands whether in fashion, home décor, or foods. As a lot of MNCs are in the city, one can see many foreign faces around. That is why highly skilled people with innovative ideas want to invest the most stylish and trendy commercial properties specifically in Gurgaon. Here, commercial property companies are completely aware of the most prominent properties in their area and as well as about best investment deals.
(Gurgaon’s promotes the great lifestyle with the plethora of malls that includes retail brands, restaurants, etc.)
Gurgaon is also full of major international retail and international brands. And, weekends see an array of cultural events happening across the city. Malls, multiplexes, fancy restaurants, and big hotels; are all sign of a growing city. Organizations looking to invest in CRE in Gurgaon will always have more resources and better opportunities as well as the latest tech trends in the market.
Availability of Civic Resources: Thanks to the uninterrupted services from the local civic bodies and government-run agencies like HUDA (Haryana Urban Development Authority), Gurgaon gets facilities like seamless electricity, high-speed mobile networks, wide roads, and clean neighbourhood. It is because of these reasons the city has become a choice for both commercials as well as residential properties.
Whether you want to buy or rent a commercial office space in Gurgaon, the city with its varied options becomes a natural choice for real estate investors and business owners. Build your business in Gurgaon and grow it with the right commercial property!
Great post. I also agree with your points