Gurgaon: The satellite city of convenience
Less than 20 km away from Delhi International Airport, Gurgaon or Gurugram is the base for over 250 Fortune 500 companies and home to hundreds of startups. The city is famous for its modern lifestyle and nightlife. It is the second-largest IT hub of India after Bengaluru and has a diverse population of mostly young people who come to the city to work.
With the rate at which the city is expanding and new industries are being set up, demand for residential properties is rising, driving real estate valuations up multi-fold. Compared to some parts of Delhi, rent and living cost are more affordable except for some prime areas. The city is witnessing many new launches due to heightened demand, which is driving the sales volume.