The Economic Times-Property prices in this Delhi-NCR area rose by 13% in three quarters of 2024; check Gurugram property rates, developers
Gurugram, a key economic hub within the National Capital Region (NCR), continues its rapid real estate growth. The city's proximity to the international airport, abundant land, and favourable tax policies have positioned it as a major IT and ITeS centre. This growth has led to increased demand for housing, driving up property prices.
As a result, peripheral micro-markets like Sohna, located south of Gurugram, are gaining traction, says a report by the Square Yards. Improved infrastructure, particularly the six-lane Gurugram-Sohna Elevated Road and its inclusion in the Delhi-Mumbai Industrial Corridor (DMIC), has significantly enhanced connectivity to key economic hubs. This has spurred real estate activity, especially in the residential segment.
