Gurugram: With the festive season in full swing, preparations for Diwali and Dhanteras are underway across the country. This is a prime time for individuals to invest in new things, including homes, as purchasing a house is a long-held dream for many. According to a report by Anarock (property consultant), buyers in Gurugram’s top five locations are enjoying favorable conditions, though potential homebuyers may encounter rising costs.
Investing in property during significant festivals like Navratri and Diwali is viewed as auspicious in India, which could significantly boost home demand this year. The Delhi-NCR market is currently robust, prompting developers to launch residential projects featuring attractive schemes, discounts, and special offers.
As Navratri and Diwali approach, several new residential projects are expected to launch, particularly in Gurugram. The increased demand for spacious living since the pandemic has led to a surge in luxury developments anticipated to debut in October and November.
Top Locations for House Investment in Gurugram: Gurugram benefits from connections to the Indian Railways network, Rapid Metro, and Delhi Metro. Additionally, the upcoming Rapid Rail facility enhances its appeal as a preferred choice for homebuyers. Yashank Wason, managing director of Royal Green Realty, highlighted five prime areas with excellent infrastructure in Gurugram:
- Gurugram Dwarka Expressway
- Southern Peripheral Road (SPR)
- New Gurugram
- Golf Course Road
- Sohna Road
Millennials Driving Demand: Millennials are increasingly driving demand in Gurugram's luxury residential market, with many opting for high-end properties that offer improved access to flexible financing and modern amenities. Recent data indicates that about 45% of luxury homebuyers in the region are now under the age of 40.
