With new infrastructure springing up in Gurgugram near the Dwarka Expressway, the housing trends are also changing. In near future, residential real estate in Gurugram is expected to spread near and away from the Dwarka Expressway and on to the peripheral areas.

This turnaround in Gurugram’s real estate market was predicted by real estate analysts a few years ago and the pattern is steadily changing. The coronavirus crisis last year also contributed to these changes and created more demand for house ownership.

Here are a few changes that will likely take place in the housing sector in Gurugram:

Upscale Housing

With various infrastructural changes at play, Gurugram is becoming a hub for premium housing spaces. Eventually, a shift in population demographics is likely to take place because of the various emerging commercial spaces and job opportunities. Key SEZs are also being set up through the joint effort of the government and the private sector.

As a result, expecting a population shift to Gurugram in the near future, many upscale housing projects already being established. Some investments by industry-leading names like TATA Housing, Godrej Properties, Mahindra Lifespaces, M3M India, Paras Builtech, Hero Group, and more are already there functioning well there.

Affordable Alternatives

In addition to luxury housing projects, many affordable alternatives will also open up for the public. Since the demand for homeownership has increased significantly since last year, people are opting for locations that lie in close proximity to commercial corners for job convenience.

High-Value Investments 

Another emerging trend in the housing sector near the Dwarka Expressway includes high-value investments.  To keep up with the rising demand of a  job-hunting population, builders will invest heavily in the residential as well as commercial real estate sector.

More and more townships alongside the expressway are expected to emerge which will lead to the development of local marketplaces for public convenience too.

Reasonable Housing Loans

Currently, banks are offering housing loans at a cheaper value and a low rate of interest. For the common man, this time period is extremely beneficial to buy property in Gurugram. Until the economy improves and the real estate market finds its balance again, this trend is set to continue.