Logo
Govt of India
Logo
bg
bg
bg

Gurgaon - Overview

 

PMAY

Lotus Homz Affordable Housing

PMAY

Pareena Laxmi Homes

Zara Rossa

PMAY
PMAY

 

Gurgaon

Gurgram Overview

Gurgaon, now officially known as Gurugram, is a city in the Indian state of Haryana and is located near the National Capital Region of India. It is 32 kilometres (20 mi) southwest of New Delhi and 268 kilometres (167 mi) southwest of Chandigarh, the state capital. As of 2011, Gurgaon had a population of 876,824. Witnessing rapid urbanization, Gurugram has become a leading financial and industrial hub with the third highest per capita income in India. The city's economic growth story started when the leading Indian automobile manufacturer Maruti Suzuki India Limited established a manufacturing plant in Gurgaon in the 1970s.Today, Gurugram has local offices for more than 250 Fortune 500 companies.

Gurgaon district is one of the 21 districts of Haryana state in northern India. Gurgaon city is the administrative headquarters of the district. The population is 1,660,289 which includes revenue tehsils which are now part of Mewat district.

It is one of the southern districts of Haryana. On its north, it is bounded by the district of Jhajjar and the Union Territory of Delhi. Faridabad district lies to its east. On its south, lie the districts of Palwal and Mewat.

History of Gurugram

Gurugram was historically inhabited by the Hindu people and in early times, it formed a part of an extensive kingdom ruled over by Rajputs of Yaduvansi or Yadav clan. The Yadav were defeated by Mohd. of Ghor in 1196, but for two centuries they sturdily resisted the Muhammadian domination and they were subjected to punitive expedition. Under the rule of Feroz Shah Tughlaq, several were converted to Islam. This was followed by the invasion of Timur and the land was ruled by Khanzadas. It was then annexed by Babur. During Akbar's reign, Gurugram fell within the governing regions of Delhi and Agra. As the Mughal Empire started to decline, the place was torn between contending powers. By 1803 most of it came under the British rule through the treaty of Surji Arjungaon with Sindhia. The town was first occupied by the cavalry unit posted to watch the army of Begum Samru of Sirdhana. It became a part of the district, which was divided into units called parganas. These units were given to petty chiefs for the military service rendered by them. Eventually these units came under direct control of the British, with the last major administrative change in 1836. After the Revolt of 1857, it was transferred from the North-Western Provinces to Punjab Province. In 1861, the district, of which Gurgaon was a part of, was rearranged into five tehsils Gurgaon, Ferozepur Jhirka, Nuh, Palwal and Rewari and the modern day city came under the control of Gurgaon teshil. In 1947, Gurgaon became a part of independent India and fell under the Indian state of Punjab. In 1966, the city came under the administration of Haryana with the creation of the new state.

Geography of Gurugram

Gurgaon is located in Gurgaon district in the Indian state of Haryana and is situated in the south eastern part of the state, and northern part of the country. The city is located on the border with Delhi with New Delhi to its north east. The city has a total area of 738.8 square kilometres (285.3 square per meter).

Economy Growth of Gurugram

Once a small dusty agricultural village, Gurgaon has now emerged to become the city with the third highest per capita income in India. Popularly known as Millennium City, Gurugram has the presence of about 250 or 50% of the Fortune 500 companies. Gurugram's proximity to Delhi means easy access to political decision makers. Maruti Suzuki Private Limited was the first company that set up a manufacturing unit in the city in 1970s making cars. Eventually, DLF Limited, a real estate company acquired vast stretches of land in the city. The first major American brand to set up a unit in Gurugram was General Electric in 1997. GE's setup in Gurugram prompted other companies, both international as well as domestic, to follow suit. Today, Gurugram has emerged as one of the most important offshoring center in the world, providing outsourcing solutions in software, IT, service and sales through delivery facilities and call centers. However, due to the lack of proper public transport and the inability of most of the employees to afford a personal vehicle, most of the call centers provide pooled-in cars to and from their offices. Apart from Business process outsourcing and IT sectors, the city is home to several other companies that specialize in domain expertise. Siemens Industry Software, in Gurugram Business Park, made a portfolio of design software that was used by NASA to digitally design, simulate and assemble the vehicle before any physical prototypes were built. Various international companies, including Coca-Cola, Pepsi, BMW, Agilent Technologies, have chosen Gurugram to be their Indian corporate headquarters. All the major companies in the city depend on their own backup, given the fact that Gurugram does not have reliable power and water supply, public transport and utilities. Retail is an important industry in Gurugram, with the presence of 26 shopping malls. Real estate is a major force in the city's economy. Gurugram is home to some of the nation's most valuable real estate.

In terms of per capita income in the country, Gurgaon occupies the third rank following Chandigarh and Mumbai. Gurgaon ranks as one of the biggest off shoring and outsourcing centers in the whole world. Apparel manufacturing, information technology, engineering and procurement, management consultancy, business advisory, insurance and brokerage, car manufacturing, real estate, and shopping malls are the major industries in the city.

The major multinational corporations based in Gurgaon include names like the following:

Genpact, American Airlines, Airtel, Bain & Company, American Express, The Coca-Cola Company, Bank of America, Ericsson, DLF Limited, Hero Honda, EXL, Indigo Airlines, IBM, Microsoft, Maruti Suzuki, Nokia, Motorola, Sapient, Oracle, Microsoft, Google, ThoughtWorks, Tata Consultancy Services (TCS), and ZS Associate.

A large number of industries and offices have been established in Gurgaon city, Manesar and Sohna Road. Cyber City on NH8 is a popular location where most Multi-National Companies (MNC) have taken large office spaces. While many other modern commercial clusters have come up on Udyog Vihar, Manesar, Rajiv Chowk, Sohna Road, Golf Course Road etc.

 

Infrastructure in Gurgaon

Haryana Chief Minister Manohar Lal Khattar said that several development works were under way to improve infrastructure in Gurgaon. While addressing a public meeting at “Vikas Rally” in Kakrola-Bhangrola village here, he said that there was a proposal to extend the metro line from HUDA City Centre to Manesar or Sohna and work was being done on it. The expansion of the private-run metro in Gurgaon was also likely, CM said.

The Chief Minister said that works worth Rs.900 cr had been initiated on the National Highway-8 to smoothen traffic. He further said that the Gurgaon-Dwarka Expressway had been accorded the National Highway status and the Nelson Mandela road in Delhi was being connected to Mehrauli-Gurgaon Road in Gurgaon to increase connectivity between Delhi and Gurgaon. He also made a reference to the Metrino Personal Rapid Transit System announced earlier by Union Minister for Road Transport Nitin Gadkari. He said that earlier Haryana had only four National Highways, but his government had got 12 new National Highways approved in the State.

MR. Khattar said that a Smart City spread over more than 1,000 acres was being developed in Gurgaon. He added that the Manesar-Palwal stretch of the Kundli-Manesar-Palwal Expressway had been inaugurated and the remaining 83 km would be completed in a year’s time.

The Chief Minister also announced modernisation of the Gurgaon railway station on the lines of Nizamuddin terminal in Delhi, a bus stand spread over 83 acres, expansion of the Chandu Budhera water treatment plant, and multi-level parking facilities and community centres in Sector 4 and 53.

Referring to the long-standing demand for a Gurgaon Development Authority, Mr. Khattar said the matter was in court and the government was mulling to form a legislation to deal with the legal hurdles.

He also announced Rs.45 crore for all the four assembly constituencies in Gurgaon. Public Works Department (Buildings and Roads) Minister Rao Narbir Singh said that underpasses had been planned at IFFCO Chowk, Signature Tower and Rajiv Chowk to decongest the three major intersections and work was likely to start in a month’s time.

Some top Developed Infrastructure in Gurgaon

1.       New Gurgaon

New Gurgaon boasts of thriving business and industrial hubs and is located in proximity to the Indira Gandhi International (IGI) Airport. It is also expected to get Metro connectivity by the end of 2016. The area is strategically located at the intersection of NH8 and Dwarka Expressway and is well- connected to the townships of Manesar and Dwarka. Once Dwarka Expressway and KMP Expressway become completely operational, this area will witness a surge of investments. The region has easy access to plenty of educational institutions, health care facilities and entertainment areas like malls.

Pawan Jasuja, Director, Finlace Consulting Private Ltd, comments that the developing localities of New Gurgaon, which consists of Sectors 76, 80, 82, 84-87, 89A, 90-93, and 95, holds great potential for real estate investment. Experts point out that with nearby pockets located along MG Road and Golf Course Road facing shortage of land for new projects, New Gurgaon is a great choice right now for realty investment while it still enjoys comparatively affordable rates. According to 99acres data, capital rates in New Gurgaon are close to Rs 5,000 per sq ft.

2.       Sushant Lok

Sushant Lok is one of the well-developed localities in Gurgaon that offer world-class amenities and a posh lifestyle. Located in the vicinity of DLF Phase IV, this gated community has all social amenities in place which makes it one of the most coveted areas in Gurgaon. It is located at a walking distance from the Huda City Centre Metro Station and has easy access to the NH8. This locality offers a well-diversified inventory of properties.

Capital rates in Sushant Lok average around Rs 12,050 per sq ft which places it amongst the most expensive localities in National Capital Region (NCR). However, experts believe that the high rates are well deserved due to the excellent infrastructure that this locality enjoys.

3.       MG Road

Rakesh Yadav, Chairman, Antriksh India comments, “Localities like MG Road and Sushant Lok have always shown good growth in real estate demand and return on investments making them one of the most significant realty destinations in the NCR.” MG Road, which stands for Mehrauli-Gurgaon Road, is a high-end residential destination in Gurgaon. The locality has plenty of options available for investment and boasts of a posh lifestyle. It enjoys excellent connectivity via road as well as Metro and is a very popular location in the city due to its central location and the presence of ample social facilities. While capital values according to 99acres are close to an average Rs 12,600 per sq ft, experts point out that prices can vary depending upon the size and age of the unit.

4.       Golf Course Road

Experts consider Golf Course Road an ideal investment spot in Gurgaon. It is well-connected to the important hubs in the city such as MG Road, Delhi as well as the IGI airport. This is an established locality with ample hospitals, schools, malls and restaurants around the area. Backed by sound social amenities and excellent road and Metro connectivity, Golf Course Road has emerged as an attractive option for real estate investors with a healthy blend of properties.

According to Kushagr Ansal, Director, Ansal Housing, areas like Golf Course Road have a much better mix of commercial and residential properties as compared to other regions in the NCR which makes it an ideal investment destination. Based on listings with 99acres, capital rates in the locality range between Rs 11,000-14,000 per sq ft.

5.       Golf Course Extension Road

Golf Course Extension Road is another investment-worthy area replete with good infrastructure. It has easy access to Gurgaon-Faridabad Expressway, NH8 and the IGI airport. The second phase of Rapid Metro is also expected to arrive here soon. The area is well-connected to the commercial and entertainment centres in Gurgaon which drives strong rental demand to the region.

Golf Course Extension Road enjoys sound social infrastructure too with good power and water supply and a number of renowned hospitals, educational institutions, banks and other facilities along the stretch. Significant infrastructure development has taken place in this area in the past five years which has attracted developers and investors alike. The area has ample supply of a variety of realty properties including several luxury housing projects. The upcoming Delhi-Mumbai Industrial Corridor is expected to further boost this region’s prospects.

 

6.       Upcoming Location (South Of Gurgaon)

One of the major attractions of Sohna City or South of Gurgaon is its natural beauty and tranquil environs with Aravalli Hills forming its backdrop. The existence of nature in abundance makes Sohna stand out and therefore a more preferred location over the rest of Gurgaon and Delhi as a matter of fact. And of course, people don’t mind travelling a few extra kilometers every day in exchange for living amidst the nature’s bounty.

·         Facilities/An Accessible Life

A host of educational institutions such as Ryan International School, KR Mangalam University, GD Goenka World School, JK Business School, DPS, etc., luxury hotels such as Park Plaza, Fortune, Westin Resort, etc., healthcare facilities such as Max Hospital, Fortis Hospital, Medicity, etc. and retail outlets such as Shoppers’ Stop, Big Bazaar and many more have already established their base in southern Gurgaon, making it highly advantageous than ever before.

·         Connectivity

Sohna Road is a major connecting road that serves as a link between Sohna and Gurgaon. The wide stretch offers closeness to popular destinations which include Golf Course Extension Road, DLF Cyber City, Indira Gandhi International Airport and other markets in Gurgaon. With the Delhi Metro being extended to the inner junctions of Gurgaon, it’s another integral add-on for Sohna City.

Map of Gurugram

Signature Global Affordable Housing

Pareena Laxmi Homes

Maxworth Aashray

The Roselia

Zara Rossa Affordable Housing

Maxworth Aashray

The Roselia

Pareena Laxmi Homes

Signature Global Affordable Housing

Lotus Homz Affordable Housing

Discussion on Gurgaon

The Roselia

Signature Global Affordable Housing

Pareena Laxmi Homes

Zara Rossa Affordable Housing

Lotus Homz Affordable Housing

Maxworth Aashray

Latest Real Estate News


Final hurdle on Dwarka e-way off, to be ready by March 2018 13 Jan 2017
New Delhi: The Northern Peripheral Road, the 24-km long 8-laned expressway awaiting completion since 2012, seems to be finally on the home stretch Read More
PM Awas Yojana: Realtors hail increase in carpet area for houses; stocks up 17 Nov 2017
The Centre on Thursday approved the enhancement of the carpet area of houses for the middle-income group (MIG) category under the Pradhan Mantri Aw Read More
Cabinet nod for Rs 25,700 crore convention centre at Dwarka 11 Nov 2017
NEW DELHI: The Cabinet on Friday approved Rs 25,703 crore for development of an Exhibition-cum-Convention Centre at Dwarka here to put the national Read More
Get your home custom-made the way you want In Gurgaon. 16 Sep 2017
PAREENA Developers offering an option to get one’s home custom-made the way one desires. Customisation in India is no more restricted to Read More
Create jobs to boost commercial real estate 16 Jul 2017
Realty consultants want the state to do whatever it takes to attract big names in the IT sector as that will create more job opportunities Read More
Realtors must enroll under Madhya Pradesh RERA to get land registered 16 Jul 2017
  The local stamp and registrar office has received fresh instructions to ‘discourage’ property registration by builders and c Read More
Under Real Estate Regulation Rules state cabinet excludes realty projects that are complete 60% 09 Jul 2017
  The state cabinet on Wednesday cleared the long-awaited Real Estate (Regulation and Development) Rules, framed under the Real Estate Reg Read More

Trending News


Private developers in Mumbai will build 90 % of 11 lakh affordable homes 27 Apr 2015
Maharashtra state government has set the target of providing 11 lakh affordable houses  in the Mumbai Metropolitan Region (MMR) by 2022, More than 90 Read More
Final lot of Dwarka Expressway oustees to get plots on August 16 14 Aug 2016
Gurgaon: Huda will be conducting the draw of lots on August 16, alloting alternative plots to the oustees of the Dwarka Expressway project who were le Read More
Bharti Realty to set up leisure hub at Delhi's Aerocity 05 Sep 2016
NEW DELHI: Sunil Mittal-backed Bharti Realty is setting up a 700,000 sq. ft. food & beverage, shopping and leisure destination, Worldmark, at Aero Read More
Modi's 'Housing for all by 2022' scheme is going to Launch by mid-June 2015. 30 May 2015
NEW DELHI: The modi government is getting ready to launch Modi's most ambitious scheme named Housing for all by 2022. Modi is likely to launch this sc Read More
Ghaziabad to get direct Metro link with Noida 28 Sep 2016
Ghaziabad to get direct Metro link with Noida GHAZIABAD:  With Mohan Nagar as the end point, Ghaziabad will be connected with Noida by a direct Met Read More
Top builders rush to install solar rooftops on dipping costs, favourable govt policies 19 Sep 2016
NEW DELHI: Major real estate developers like DLF, Lodha, Vatika, IREO and Wadhwa Group are increasingly opting for solar rooftops on their buildings d Read More
Final hurdle on Dwarka e-way off, to be ready by March 2018 13 Jan 2017
New Delhi: The Northern Peripheral Road, the 24-km long 8-laned expressway awaiting completion since 2012, seems to be finally on the home stretch Read More

Lotus Homz Affordable Housing

Pareena Laxmi Homes

Zara Rossa

Value Added Services

 

Government Housing Scheme

 

Banking

  • Pradhan Mantri Fasal Bima Yojana (PMFBY)
  • Pradhan Mantri Suraksha Bima Yojana (PMSBY)
  • Pradhan Mantri Sukanya Samriddhi Yojana (PMSSY)
  • Prime Minister Awas Yojana
  • Prime Minister Awas Yojana ( Gramin )
  • Samajwadi Awas Yojana
  • Deen Dayal Jan Awas Yojana
  • Mukhya Mantri Awas Yojna Rajasthan
  • Affordable Housing Policy 2013
  • Smart Cities Mission
  • Pradhan Mantri Jan Dhan Yojana (PMJDY)
  • Vatika Turning Point

Banking Partners

 

HDFC

  • Corporation Bank
  • HDFC
  • IDBI Bank
  • LIC Housing Finance
  • Oriential Bank of Commerce
  • Reliance Home Finance
  • Bank of Baroda
  • SBI Home Loan
  • ICICI Bank Home Loan
  • India Bulls Home Loan
  • Axis Bank
  • PNB Housing Finance