Gurgaon’s high pull factor for luxury homebuyers
Despite the limited return on investment for Gurgaon units, demand for luxury flats remains healthy
Gurgaon is one of the major corporate hubs in the country with the presence of nearly 500 MNCs and an even higher number of Indian corporate giants. This is also one of the reasons why the city attracts a lot of expat population, who prefer Gurgaon because it offers them a best-inclass lifestyle equation.
The luxury homes preferred by HNIs in Gurgaon are spacious apartments with ample daylight exposure, high-end fit-outs, full power backup, well equipped swimming pools, gyms, library facilities, etc. There is no shortage of such homes. As a rule, luxury developers in Gurgaon have pulled out all the stops in outfitting their offerings with world-class interiors and amenities. True luxury in this market does not support half measures, with the target clientele being HNIs who have travelled the world and expect the best.
Many developers in Gurgaon are taking no chances at all with the aesthetics of their high-end offerings, and have tied up with globally reputed design firms to provide the edge-winning flourish to their projects. Despite this, however, Gurgaon still has some issues which need to be resolved.