Team Multipliers India

Is 2024 is a good time to Invest in Real Estate in Gurugram? 

Gurugram in Haryana is the 3rd largest city in India basis the per capita Income. There are more and more people moving to Gurugram with increased Job and Business Opportunities. Being Close to Delhi and the International Airport Gurugram provides amazing road connectivity to people. Situated on the main National Highway 8 which connects Dehi to Jaipur and then Mumbai. On top of that there is a huge movement of expats and India Citizens flying in and out of Gurugram on a daily basis, because Gurugram is a major corporate hub. This is the primary reason why there is a continuous demand for Residential and Commercial Properties in Gurugram, to address which National and International property developers like M3M, DLF, AIPL, BPTP, Hines, Godrej, Mahindra , Tata all are coming up with huge and very well designed projects in the city.

Now the question is if you should invest in Real Estate in 2023 in Gurugram?

The answer is a straight “YES”. Gurugram offers under construction assured returns on projects till possession starting from 10% per month to 12%. There is world class road infrastructure coming up passing through Gurugram connecting it to Mumbai. The eastern Peripheral Highway, Noida Gurugram Expressway, Gurugram Faridabad Highway and so on and so forth. 

The Real Estate Development in Gurugram is witnessing a massive interest from investors from all across the globe, and the best part is that the pricing is still very reasonable. The appreciation on property in the last 2 years has gone up by close to 95% and in some cases crossed 100%. So, yes its a ship which is getting ready to leave the port, either you are on it in 2023 or you are off and looking at a despair in the times to come. 

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