Why is Real Estate So Expensive in Gurgaon Nowadays?
Gurgaon, now officially known as Gurugram, has transformed from a quiet suburb into one of India’s most prominent real estate hubs. Over the past two decades, this city has witnessed an unprecedented rise in property values, making it one of the costliest real estate destinations in the country. But what exactly is driving these soaring prices? Let’s explore the major factors behind the rising cost of real estate in Gurgaon . 1. Proximity to Delhi and Prime Connectivity One of the biggest reasons for Gurgaon’s real estate boom is its strategic location next to New Delhi. With seamless connectivity through the Delhi-Gurgaon Expressway, Dwarka Expressway, and upcoming metro extensions, Gurgaon has become a prime location for both working professionals and businesses. Excellent access to the airport further increases its appeal. 2. Corporate & IT Hub Gurgaon is often referred to as the "Millennium City" because of its rapid urbanization and emergence as a global ...