Gurgaon, which is also called Gurugram, has blossomed into one of the most vibrant and flourishing commercial hubs in India. As its infrastructure expansion, along with its strategic location and business-friendly environment, has attracted mega national and international companies, the sector of the retail outlet has witnessed growth in an unprecedented manner. It is an excellent prospect for seasoned investors as well as for those who hope to make the right strategic move in the real estate arena. This article discusses the logic of investing in premium commercial real estate in Gurgaon and then goes on to explain why now is the best time to cash in on these opportunities.
A Booming Commercial Hub
The story of commercial growth started in Gurgaon in early 2000, and ever since then, the advancement of Gurgaon has taken a front seat. Today, big multinational companies like Google, Microsoft, and KPMG, among others, have their headquarters in Gurgaon. It has grown in stature as the North Indian city with a commercial status almost being next only to Delhi.
One of the major reasons for this growth is the strategic location of Gurgaon. It is close to Delhi and is very well connected to the international airport via the Delhi-Gurgaon motorway and the metro. Furthermore, the upcoming Dwarka Motorway and the expansion of the metro will only increase Gurgaon’s connectivity and also make it all the more desirable for businesses and investors.
As the influx of business houses has naturally been accompanied by the increasing demand for high-grade office spaces in Gurgaon, from large corporations to set up headquarters to small companies looking for collaborative spaces, demand only keeps going up for good-quality commercial space. This provides a great opportunity for investors to capture a market that seems to be showing no signs of slowing down.
Key indicators of demand:
Presence of IT/ITES/SEZ Companies
Now, Gurgaon has evolved as a significant IT destination with major technology companies; thus, office spaces for large workforces are ever-growing.
Co-working Spaces:
The gig economy and startups have significantly added to the demand for co-working spaces owing to flexible lease options.
E-commerce Boom:
The boom in e-commerce increased the demand for logistics and warehousing spaces, especially on the outskirts of Gurgaon and other nearby industrial sectors.
High ROI and appreciation rates
Commercial real estate in Gurgaon possesses the highest ROI in the country. The appreciation of commercial values in Gurgaon has been without pause for years, which has made it a good investment source for investors. With the entry of all these businesses, property value is going to rise continuously.
Some prime locations like Cyber City, Golf Course Road, and Udyog Vihar in Gurgaon have seen significant appreciation, and retail space property in Gurgaon, there are the most sought-after in the country. Investment in such areas would guarantee steady rental income as well as capital appreciation in the long run.
High Investment Locations in Gurgaon
Those investing in high-end commercial property in Gurgaon should look at areas that are fast-growing and in great demand. Some good options include
Cyber City:
Heart of the commercial activities in Gurgaon, Cyber City is considered the hub of leading multinational corporations and IT companies. It offers high-class offices along with all modern infrastructure facilities; hence, it is an ideal place to be for businesses. This area accommodates some of the big corporate giants, thereby ensuring high demand in the rental market and high capital appreciation.
Golf Course Road:
Golf Course Road: Famous for its high-class commercial as well as residential spaces. The place has excellent connectivity, a good corporate presence, and a high-end corporate presence, which brings a massive increment in property values. So, investing here would ensure steady rental income from top-tier clients.
Sohna Road:
Sohna Road, in a way, has emerged as a commercial hub in the years. It offers office spaces, retail outlets, as well as industrial spaces to cater to all kinds of businesses. Mainly due to the affordability of the commercial spaces in Sohna Road compared to Gurgaon’s other areas, it is very popular as an investment prospect for many, who look forward to higher growth potential.
Udyog Vihar:
Udyog Vihar is one of the oldest industrial areas in Gurgaon, situated near Delhi. It provides excellent connectivity and attracts all types of industries, right from IT to manufacturing, with many more presences. This area remains a popular destination for businesses and investors due to its robust infrastructure and steady demand.
Sector 29:
Sector 14 is a dynamic and densely populated region recognized for its robust development and outstanding visibility, which makes it a prime location for businesses. The streets are alive with pedestrians, generating substantial foot traffic that is crucial for retail success. This sector features a variety of shopping choices, including grocery stores, pharmacies, and fashion and wellness brands, appealing to a broad customer demographic.
Spj Group’s Contribution To Commercial Real Estate
In the commercial real estate sector in Gurgaon, SPJ Group stands out for delivering the highest-quality commercial spaces that match the tastes and requirements of modern businesses. The group has achieved a reputation for developing world-class projects that promise excellent returns on investment and long-term appreciation. The top commercial real estate developers, SPJ Group is going to redefine commercial real estate with its upcoming project, Vedattam, in Sector 14 of Gurgaon. The development is supposed to be a state-of-the-art structure that will offer perfect retail and commercial space for businesses looking for premium locations and modern amenities. It will surely attract a huge footfall, and it promises to be an excellent source of rental opportunities for investors because of its strategic location in one of the busiest commercial hubs in Gurgaon.
Key highlights of the Upcoming Project, Vedattam:
Location:
Strategically located in Sector 14, the most commercially vibrant area of Gurgaon, The upcoming project, Vedattam has all the ingredients to become an excellent future hub for all retail and commercial operations.
Modernity Features:
The project will feature infrastructures at their best, ample parking space, and top-notch facilities like one of its prime high-street retail markets.
Investment Opportunity:
Given the location and quality of construction, This upcoming project in Gurgaon promises a good return on investments in terms of rental income as well as appreciation in value.
There would be a growing demand for premium office and retail spaces because of the rising commercial hub in Gurgaon, and infrastructure projects like DMIC along with the enhancement of the metro network would enhance connectivity in the city and contribute toward its growth.
Further government programs, such as the Smart City Mission and Make in India, are most likely to create more industries and companies in Gurgaon, thereby increasing demand for commercial estates. For investors, this is the right time to pin down the benefits out of this city’s upgrading graph to receive long-term financial gains.
Conclusion
Investment opportunities in commercial estates in Gurgaon provide an opportunity for one to become a part of a city that is changing the graph of India’s economic growth. Excellent infrastructure, strategic location, and high demand for office or retail spaces are all about maximizing the returns of investors. Upcoming Projects such as Vedattam by SPJ Group are at the forefront of this change as they provide premium commercial spaces at prime locations. For those looking to make an investment in commercial real estate, now’s the right time to do so in Gurgaon, as its market is growing rapidly.
Disclaimer: The information available in this advertisement is subject to change without any notice. While every effort has been made to provide the details, particulars, contents and other graphics appearances in this advertisement as updated, correct, complete and accurate, nevertheless, inadvertent errors may occur in the information. Further, our website(s) and other advertising and publicity material include artist’s impressions indicating the anticipated impressions of the appearance of completed development and do not constitute an offer, an invitation to offer, and/or commitment of any nature between us and the recipient.