Real estate in Gurgaon, despite its poor civic infrastructure, remains in high demand largely due to necessity rather than preference.
GurgaonReal EstateCommutingInfrastructureTrafficReal Estate MumbaiNov 11, 2024
Gurgaon is popular for real estate due to its proximity to job opportunities and the availability of affordable housing, despite poor infrastructure.
The main challenges include severe traffic congestion, poor road conditions, and inadequate public transport, leading to long and stressful daily commutes.
The government has initiated projects to extend the Delhi Metro to Gurgaon and construct new expressways, but the pace of these projects has been slow.
Private companies can invest in sustainable and inclusive development practices, such as creating mixed-use spaces that integrate residential, commercial, and recreational areas.
Gurgaon's real estate market is booming, with both residential and commercial properties in high demand, driven largely by the necessity to live close to work.
The Central Crime Branch (CCB) of the city police has registered a cheating case against a prominent real estate company, Ozone Urbana Developers Private Limited, for alleged fraudulent activities.
luxury homes, real estate, industry, Mumbai, Gurgaon
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