Gurugram is witnessing a market shift from being a luxury location to an affordable one. There are many factors that are contributing to a fast-paced infrastructural development in the area, gradually making it ideal in every way for both property buyers and investors. One such factor is the pandemic that has pushed the fascination of the middle-class to own property even further and upscaled the efforts of builders to meet this mass requirement.
In addition to residential infrastructure, there is also a surge in commercial infrastructure in Gurugram. This is opening up many possibilities for the existing and upcoming population in terms of job opportunities and overall affordable living standards. Hence, the area is becoming more suitable for middle-class families seeking to relocate to a location that also offers good job opportunities.
After the numerous big-scale real estate investments in luxury housing projects in the last many years, the location is recently seeing more affordable projects. This emerging requirement has also led to a speeding up in the construction of more affordable housing societies within accessible areas of Gurugram. These are mostly near the Dwarka Expressway and within the periphery of the Expressway where job opportunities are plenty and the connectivity to important nearby locations in Delhi-NCR is excellent.
In terms of comfort and amenities, luxury housing certainly provides better and more premium amenities like a gym, tennis or badminton courts, spas, cafe, swimming pool, cycling track, convenience stores, etc. On the other hand, affordable housing societies have limited amenities like a swimming pool, kids’ playground, etc. However, the list of amenities differs from society to society.
There are some financial benefits that investing in affordable real estate can get the buyer in Gurugram. These include less ROI, readily available housing loans, and more. From a residential real estate investment point of view, investing in affordable property can give you higher returns over time.
So, if you are seeking to invest in the best affordable housing in Gurugram, you will get plenty of options to choose from and many benefits too.