Tuesday, May 25, 2010

The Latest Trend of Gurgaon Residential Property Rates

The latest trends in Gurgaon property rates are showing an upward in the residential property rates. Since the property market over the last couple of years the real estate prices in this area has undergone a descending trend. But now the real estate market is setting back from the downfall and it is going to upward trend in Gurgaon. In the main centers of the city the common prices existing like this: DLF Phase V, apartments Rs.2500 to 7000 per square feet, builder flats 6500 to 7500 and plots 50000 to 65000. These statistics were roughly 5% to 10% less as regards to 6 months ago. In the South City, apartment rate per square feet is from 3520 to 8000, builder flats 3000 to 5000 and plots 10000 to 25000. This price tendency was approximately 10% less regarding 6 months ago.
The upward trend of the Residential Projects Gurgaon is having average price existing in other important locations of the capital city and NCR regions. It is the conformation of an analysis. In Sushant Lok III, the apartment rate is on an average from 2000 to 3500, builder flats 2800 to 5000 and plots 25000 to 55000. Approximately one year back, these properties were available at regarding 10% to 15% less than these prices. Yet again, on the Sohna Road location the prices are apartment 200 to 3500, builder flats 3200 to 4000 and plots 20000 to 40000. Last year December, these properties were available at 8% to 15% less than these prices. In the Palam Vihar area, apartment 3200 to 3500, builder flats 2500 50 4000 and plots from 30000 to 35000. Regarding six months ago these were about 10% to 12% less than these figures. Further in the HUDA 2 locality, apartment 3000 to 6000, builder flats 2500 to 4000 and plots 20000 to 40000 in range.
The latest residential Gurgaon Properties rates show an upward trend as the same as abovementioned. Not only prices, but rental rates also increased now. The recent development in infrastructure and the development in industrial, IT and BPOs, the real estate trend in Gurgaon has increased and the place turned to be a hot spot to the investors and for new investments. get details about New projects in gurgaon.

1 comment:

  1. Excellent post.This was actually what I was looking for, and I am glad that I finally came on this website! This for sharing

    and keep up the good work…
    BPTP Group Gurgaon
    Amstoria Sector 102 Gurgaon
    Properties In Gurgaon

    ReplyDelete