{"id":33480,"date":"2016-11-08T17:06:05","date_gmt":"2016-11-08T10:06:05","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/gurgaon-is-the-indian-city-on-property-investors-lips-this-year\/"},"modified":"2016-11-08T17:11:36","modified_gmt":"2016-11-08T10:11:36","slug":"gurgaon-is-the-indian-city-on-property-investors-lips-this-year","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gurgaon-is-the-indian-city-on-property-investors-lips-this-year\/","title":{"rendered":"Gurgaon is the Indian city on property investors\u2019 lips this year"},"content":{"rendered":"


\nReal estate market goes into overdrive
\nSunset over Gurgaon cityscape. Amlan Mathur\/Shutterstock
\nFrom developers to institutional investors alike, more than USD1 billion has flowed into Gurgaon\u2019s real estate market this year to date, according to CBRE.
\n\u201cWith over one billion dollar of investments by way of land acquisition and financing, the overall long term outlook is bullish with commercial office markets in overdrive and emerging areas of Gurgaon offering excellent residential development opportunities,\u201d CBRE noted in a report.
\nAreas such as Golf Course Road and MG Road are fast emerging as opportunities for residential real estate development targeted to first-time buyers as well as investors.
\nIndia\u2019s so-called Millennium City commanded an average gross leasing of 5.5 million sq ft in the last three years. Gross leasing in the metropolis hit 7 million sq ft in 2015.
\nMore: Pressed for land, Singaporean developers explore growing Indian cities
\n\u201cFuture ready trunk infrastructure such as roads, power and water; ready social infrastructure clubbed with affordability has been the key driving factors of the region,\u201d said Anshuman Magazine, chairman for India and Southeast Asia at CBRE.
\nGurgaon is driving interest from real estate funds, developers, and corporates because of its \u201ccosmopolitan status and conducive environment,\u201d said Gaurav Kumar, managing director of capital markets at CBRE South Asia. \u201cIt has always been the investment gateway to NCR (National Capital Region) due to its critical mass in real estate development and existing social infrastructure.\u201d
\nRead next: Will India\u2019s smart city dream ever be feasible?
\n
\nSource : property-report.com
\nRead more…Gurgaon is the Indian city on property investors\u2019 lips this year<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Real estate market goes into overdrive Sunset over Gurgaon cityscape. Amlan Mathur\/Shutterstock From developers to...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-33480","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-8I0","jetpack-related-posts":[{"id":27899,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pressed-for-land-singaporean-developers-explore-growing-indian-cities\/","url_meta":{"origin":33480,"position":0},"title":"Pressed for land, Singaporean developers explore growing Indian cities","date":"September 30, 2016","format":false,"excerpt":"\r From Millennium City to mountain towns, India\u2019s cities are piquing interest \u2018Cyberhub\u2019 in Gurgaon. Amlan Mathur\/Shutterstock With India urbanising fast, Singaporean developers are taking their projects away from the land-scarce city-state and into the subcontinent\u2019s ever-multiplying cities. Ascendas-Singbridge, a developer affiliated with the Singaporean government, recently revealed a renewed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21869,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-indias-smart-city-dream-ever-be-feasible\/","url_meta":{"origin":33480,"position":1},"title":"Will India\u2019s smart city dream ever be feasible?","date":"August 3, 2016","format":false,"excerpt":"\r Waterlogged streets, traffic jams \u2014 smart cities could have trouble taking off in India Infastructure problems in India become most apparent during monsoon season. 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