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GURGAON

An Overview

Gurgaon officially called as “Gurugram” is the city in the Haryana state of India. It is located about 30km southwest of Delhi. It is a part of Delhi NCR (National Capital Region). It is the satellite city of Delhi with the highest capita income. Gurgaon is taking a lead in industrial and financial hubs of India. Gurgaon is called as “India’s Millennium City” as it is the model for the global cities in India. The current population of Gurgaon is 2.5 million. The official language of Gurgaon is Hindi.

History

Gurugram is a historic name as it had been the learning centre of Bhagavad Gita. Guru Dronacharya was given guru Dakshina by his disciples and hence it was known as “Gurugram” which means “the village of gurus”. The Government officially announced the name Gurugram on 27 September 2016.

Economy, Industry and Employment

The city’s economy started when the leading automobile manufacturer, “Maruti Suzuki India Limited” was established in 1970. DLF Limited, a real estate company acquired a huge stretch of land in the city. The important industry in Gurgaon is ”Retail” with 26 shopping malls. The city’s economy has a major role in real estate. “General Electric”, the first American brand to set up in 1997.

Key Projects (all will be linked)

• Advance The Peaceful Homes
• AIPL Club Residences
• AIPL Zen Residences
• Plaza 106
• Unitech Heritage City

Demographics

The total population of Gurgaon according to 2011 census is 876,900. The average literacy rate of Gurgaon city is 84.70 per cent of which male and female literacy was 90.46 and 77.98 per cent. The sex ratio of Gurgaon city is 854 females per 1000 males. Children form 13.38% of the total population of Gurgaon City.

Connectivity

Roads

National Highways 48 (NH48), the major highway connecting Gurgaon that runs from Delhi-Mumbai.

Rail

The main terminus is “Gurgaon Railway Station” which is operated by Northern Railways. The other stations of Gurgaon are

• Tajnagar Railway Station
• Dhankot Railway Station
• Garhi Harsaru Railway Junction
• Farrukhnagar Railway Station
• Patil Railway Station.

Among them, Garhi Harsaru Railway Junction, Farrukhnagar Railway Station and Gurgaon Railway Station will be developed with modern and international facilities.

Metro

Gurgaon has eleven rapid metro stations interchanging with Yellow Line of Delhi metro. The metro was operated on March 2013. It covers a stretch of 11.7km. There are three lines

• Line 1- old Delhi Gurgaon interchanging with Yellow line.
• Line 2- Dwarka Sector 21 with Blue line
• Line 3- extended from Sector 55-Sector 56 up to Subhash Chowk.

Air

Gurgaon is served by Indira Gandhi International Airport which is located in city outskirts near National Highways 8.

Existing Infrastructure

Education

The schools are served by the Haryana Government and the schools are affiliated to “Haryana Board of School Education”. Some of the best schools in Gurgaon are

• The Heritage School
• Pathway World School
• The Shri Ram School
• Goenka World School
• Lotus Valley International School
• Suncity School

There are many educational institutes and Universities and reputed colleges located in Gurgaon. Some of the top Colleges are

• GD Goenka University
• Amity University
• Global Institute of Technology and Management
• ITM University - The Northcap University
• GITM - Gurgaon Institute of Technology & Management
• KNS World College Management

Healthcare

• Artemis Health Institute
• Fortis Memorial Research Institute
• Medanta - Medicity
• Paras Hospitals
• Rockland Hospital

Gurgaon Real Estate

Gurgaon is the largest city in Haryana. It was officially called the “Millennium City” of North and the richest of North after Mumbai and Chandigarh. It is located within two hours of Delhi Initially, Gurgaon was well-developed in the IT and BPO sectors. It houses a large cosmopolitan population from India and abroad. Investing here offers high returns on selling and rentals. Some of the areas that are best in investing in the city are

• Sohna Road - Sohna Road is a town as well as a municipality in Gurgaon. It has a wide range of residential projects with modern amenities. Majority of them are ready-to-move-in flats. Sohan Road has luxurious apartments surrounded by good infrastructure.
• Golf Course Extension Road - It is said to be one of the best localities for property investment. This area is witnessing a better growth in infrastructure development. It is well connected to New Gurgaon and Sohna Road. Majority of them are ongoing projects.
• Dwaraka Expressway - It is also known as “Northern Peripheral Road”. It is a good place for exploring affordable residential projects. It is an eight-lane expressway that connects from Dwaraka to Gurgaon. It is well-connected to the business hubs of Gurgaon.

The weighted average capital value for residential properties in Gurgaon is Rs 3,900-4,200 per sq.ft with an annual appreciation ranging between 8-10%.

Proposed Infrastructure

The Upcoming infrastructures are

1. New Expressway from Dwarka-Gurgaon
2. Introducing Gurgaon Metropolitan City Bus Limited and new bus depots.
3. A six-lane road is built between Gurgaon and Dharuhera.
4. Gurgaon to be the first city to introduce Pod Taxis.

Popular Areas/Localities

The popular localities are South City, Sector 43, Sector 41, Sushant Lok, Sector 49, Sector 57, MG Road, Sohna, Palam Vihar.

Lifestyle

The lifestyle of Gurgaon is changing rapidly. Gurgaon has started to develop Highways, metros, malls, markets, housing societies and much more.