Gurugram has emerged as a vibrant real estate hub in India. Strategically located near the national capital and having excellent connectivity via rail, road and air, Gurugram has emerged as a melting pot of various cultures. The cosmopolitan city boasts three highways: Kundli-Manesar-Palwal (KMP) Expressway and Dwarka Expressway and Delhi-Gurgaon (NH-48) Expressway as harbingers of connectivity that has improved further with the opening of Hero Honda Chowk flyover and Southern Peripheral Road. The proposed Gurugram- Faridabad metro rail link, ISBT, Rapid Rail Transit System (RRTS) Corridor and Delhi-Mumbai Industrial Corridor (DMIC) will boost the industrial, manufacturing and real estate prospects of the region.
Gurugram is a commercial hub and is home to several manufacturing industries, BPO biggies, leading IT & Fortune 500 companies. Rapid urbanization and the presence of job opportunities have acted as a catalyst for the expat population who have chosen to make the city home away from home. Gurugram is also the hub for the automotive industry. As a result, Gurugram has slowly emerged as one of the most sought-after destinations for expats.
Shashank Vashishtha, Executive Director, eXp India said, “Gurugram is attracting the maximum numbers of expats across the country to work and live here. Key factors like better connectivity, secured complexes, proximity to workplaces and markets along with a plethora of high-end housing options make this area an upscale location. The area is nestled in the backdrop of magnificent Aravalli Hills and the lush greenery, societal parks, walking tracks and gardens give more vibrancy to the city making it a preferred destination among expats.”
Gurugram has customized dwellings with state-of-art amenities. Gated communities with 24/7 security, clubhouse facilities, swimming pool, gym, tennis, basketball courts, childrens play area, gyms, and grocery stores, to name a few, are some of the key USPs of these societies that attract people from neighbouring states as well as from South Asian countries like China, Japan, South Korean, and Afghanistan. The number of Japanese nationals registered in Gurugram, according to the official records is 8,000, out of which 2,000 immigrated in 2014 and 2015.
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Amarjeet Bakshi, CMD, Central Park, said, “Popular destinations of Gurugram such as Golf Course Extension Road and Sohna Road are now on the radar of expatriates and corporate professionals, who are willing to go an extra mile for luxury residential spaces offering global sensibility. They are evaluating the residential offerings on the basis of multiple parameters of proximity to workplace, connectivity, secured gated complex offering lifestyle experience with the comfort and warmth of their community and culinary experiences.”
Gurugram also has a robust social infrastructure such as the presence of reputed global schools, hospitals, banks and financial institutions. With a growing number of shopping complexes, malls, retail outlets, convenience stores and cafes, the residential hotspots in southern and western areas of Gurugram such as Sohna Road, Southern Peripheral Road, Golf Course Road, Mehrauli-Gurgaon Road, and Golf Course Extension Road have emerged as a preferred residential address for expats.
Karan Kumar, Chief Marketing Officer, DLF Ltd, said, “Today Gurugram has some of the most expensive commercial and residential real estate to offer, thrived in the past two decades, attracting millennials to Ultra High Net Worth Individuals. With a strong infrastructure and social fabric, and best of the best schools, hospitals, financial institutions and retail spaces, families living in different parts of Delhi NCR are now considering Gurugram as preferred choice to invest in real estate. As a result, today, Gurugram has some of the finest residential offerings in the country with state-of-the-art facilities, amenities and experiences that well-traveled individuals are looking for.”
He further added, “Celebrated for the vision of imagining Gurgaon as a bold and future-focused city, DLF holds many firsts to its credit. From building ‘DLF Golf and Country Club‘, recognised today as one of the best golf courses in Asia Pacific to creating India’s first model of mixed-use neighbourhood in form of DLF5, that brings together residences, state-of-the-art offices, world-class dining, shopping, and recreational avenues. Golf has always been considered a preferred choice of sport and lifestyle not just among Indian (especially HNIs and UHNIs), but also among