| The once sleepy town of Gurgaon in Haryana | | | | with multistoried malls and skyscrapers |
| has witnessed a real estate boom since the | | | | dotting the landscape. |
| late 90's following liberalization of the | | | | |
| Indian economy. Gurgaon, like Pune, Chennai, | | | | The proposed expressway to Jaipur, metro rail |
| Hyderabad and Bangalore, attracts IT | | | | connection to Delhi and the special economic |
| professionals in droves. Their salaries are | | | | zone to be developed by Reliance Industries |
| comparable to the best in the world. The high | | | | has made Gurgaon apartments treasured |
| disposable income in the hands of employees | | | | possessions for builders and owners alike |
| of the booming service sector in Gurgaon has | | | | with the rush for bookings still on. All |
| led to tremendous spurt in demand for Gurgaon | | | | these have contributed to increased |
| properties-- both for commercial and | | | | construction activity in the town. |
| residential use. | | | | |
| | | | Property in Gurgaon also attracts high rental |
| Strategic location | | | | values. Many residents of posh South Delhi |
| | | | areas buy apartments in Gurgaon while some |
| With a space crunch in national capital | | | | have already shifted lock, stock and barrel |
| Delhi, MNCs plump for nearby Gurgaon and many | | | | there to escape Delhi's congestion and |
| have made it their corporate headquarters in | | | | pollution. Those who sell apartments in |
| the country, as it is just 10 km from the | | | | Gurgaon these days get much higher returns |
| Indira Gandhi International airport. | | | | than in the case of flats in other areas of |
| | | | the national capital region. |
| Gurgaon property values have skyrocketed over | | | | |
| the past decade due to this burgeoning | | | | So, Gurgaon property owners are set to |
| demand. As a result, Gurgaon properties have | | | | witness happy times. However, to keep the |
| drawn huge investments both from inland and | | | | cash registers ringing, the city authorities |
| overseas. The influx of funds has transformed | | | | will have to do their bit to check the rising |
| this one-time village into a hi-tech city | | | | crime graph and improve the power scenario. |