Gurugram Real Estate: 5 new projects with properties under Rs 70 lakh - Details etnownews.com
New Gurugram stands out as a prominent micromarket inside Gurugram, supported by a strong retail and commercial infrastructure in addition to first-rate social facilities. Gurugram has solidified its position as a top choice for premium residential real estate, fueled by its status as a leading commercial and IT hub in Northern India. The influx of skilled professionals migrating to the city has bolstered its real estate market. However, the dwindling inventory of available properties has pushed prices towards the higher end of the spectrum. According to reports from Magicbricks, the residential demand in Gurugram witnessed a notable increase of 5.1% quarter-over-quarter (QoQ) during Q1 2024 (January-March 2024). Conversely, the supply of residential properties decreased by 4.7% QoQ during the same period. Despite this, residential prices in the city experienced a modest uptick, with a 3.4% QoQ increase
