With the New Year, 2015, round the corner and the fast recovering economy, backed by revival in the investment climate and private consumption demand, the real estate sector in and around Delhi is witnessing increasing business activity.
While this is true for most of the National Capital Region including posh properties of South Delhi, Noida, Greater Noida, Faridabad and Ghaziabad in the last quarter of 2014, it is not Faridabad but Gurgaon in Haryana that is emerging as the Capital’s most expensive neighbourhood to stay in. If recent investment trends are any indicators, Gurgaon is also turning out to be an investor’s paradise.
By Pradeep Mathur