rovision of 24 hour power backup and water supply in all the apartments, flats and villas.Gurgaon is one destination that has attracted millions of property buyers and sellers from all over India. The rapid development of the city is one of the major reasons for the rising demand of residential properties. Everyday new companies and businesses are being set up in Gurgaon and more and more people are coming forth to work in these companies. People who come from different cities require a comfortable and safe place to live in. On looking at the growing demand for residential spaces in the city, various builders are coming up with new housing projects in Gurgaon.
The modernization and development of cities have heavily contributed in the increasing demand for commercial and residential properties among people. Every day, numerous builders are coming up with commercial and housing projects in NCR to fulfill this growing demand. While investing in the real estate, often people get confused between existing and upcoming residential projects in Gurgaon. Investing in old properties means purchasing real estate in a well-settled area; however, new projects have many advantages that can make the investment worthwhile in the long run.
Today, the concept of living has changed into ‘the bigger is better’, and builders are focusing on optimum space utilization. Unlike old homes, new housing projects in Gurgaon have more space inside as well as outside. Recently developed as well as new projects are better planned and have sufficient space for everything, from playing area to parking space. New houses are built with spaces that are expected to be developed soon and, thus, hold immense growth potential.
Nowadays, builders think about calm and friendly environment while developing the property in order to provide an unparalleled living experience. While constructing new houses, builders usually consider state-of-art-infrastructure with all modern conveniences inside and outside the house. Solar panels are used to provide the houses free and clean energy, while making them ecofriendly. Moreover, proper insulation is provided to walls, floors and ceilings, to protect them from natural disasters like earthquakes. The windows of these houses have dual panes that keep the home warm during winters and cool during summers.
More maintenance is needed for an old property in Gurgaon, India. Replacement of wiring and plumbing can be another problem for those shifting to old homes. New properties are clean and untouched and, thus, can easily attract potential consumers. These new houses are incorporated with the latest security systems that keep unwanted visitors out.
A new home can easily be customized in comparison to the old property. There are certain things in the home that buyers wish to change as per their needs. From kitchen cabinets and flooring to showcase and bathroom structure, anything can be customized at the time of construction itself.
Indian real estate has come a long way and is broadening its horizons. People are no longer seeking just an average two-bedroom house. Instead, they are looking out for houses similar to Scottish villas and Spanish homes in regions like Gurgaon, which excels in these kinds of real estate properties.
Gone are the days when people, in order to have a taste of fine living, used to look for such properties abroad. Such world-class properties are now easily available in India, especially in places like Gurgaon. Palatial houses built with Italian marble and having designer furniture, are now available in the city. It’s all being done in Gurgaon and in order to pursue the High-Net worth Individuals (HNIs), these global building trends are being introduced by property developers, in the Indian property market. Even the independent floors on NH 8, Gurgaon, follows the most basic international theme and architecture.
The initial players in this segment were the big-wigs of Indian real estate segment, but now plenty of new construction companies are entering the market. All the lifestyle apartments in Gurgaon, luxury homes, penthouses and villas come under this segment. New residential projects in Gurgaon, follow a particular theme, for example if they are building on a Scottish theme, the construction will follow basic rules of Scottish architecture.
Indian architecture is not a part of the construction at all, as the houses will have flat tops, instead of slanted roofs and domes, which are typical of the architecture of Indian buildings. The upholstery and interiors consist of light colors such as suede and beige. While selling such properties, promoters will claim things like, “elegant interiors having designer marbles and mirror finish”.
A 1500 sq ft sized penthouse, built with a particular theme, will cost more than one crore rupees. Maintenance charges for these apartments are separate and generally very high.
New housing projects in Gurgaon, are being launched by prominent builders, on the same lines as the Spanish architecture. The reason for such popularity of foreign themed houses are that people are impressed with their way of building houses and want to try out their style in the Indian scenario.