Gurgaon, also known as the millennium city, has become a shining star in IndiaΓÇÖs real estate market. Situated in the Delhi-NCR region, it offers a blend of strategic location and robust infrastructure, making it a preferred destination for investors and homebuyers looking to invest in property in Gurgaon. The cityΓÇÖs rapid urban development and proximity to the national capital have contributed significantly to its real estate boom.
The real estate market in Gurgaon has witnessed exponential growth, particularly in the luxury housing segment. According to a report by Anarock, the Delhi-NCR region saw a 6% rise in housing sales during Q2 2024 compared to the previous quarter. New launches also surged by 134% in Q2 2024, primarily driven by luxury projects. This growth is significantly higher than in other major cities like Mumbai and Bengaluru, where luxury projects accounted for only 26% and 19% of new launches, respectively.