Gurgaon has rapidly developed as an important financial and realty hub and the emergence of such centers has always helped in de-congesting the financial market. This was stated by C. Rangarajan, noted economist and financial advisor, to the PM. Academicians and economists spoke on the future of Indian financial market and commented on the rapid development of Gurgaon as a real estate hub, at FINCON, 2011, on Saturday. Dr Chinmoy Ghosh, HOD, Department of Finance, University of Calicut Business School, remarked that people have started looking at real estate solely as an investment.
He also added that the cost of an average 3-4 BHK flats in Gurgaon is around Rs. 1 crore or even more, whereas, the average salary of an executive in merely around Rs. 1-4 lakh. This fact has pushed a part of the population towards the outskirts of Gurgaon, the areas which lacks in basic infrastructure.
Flats for sale in Gurgaon are becoming expensive day by day and knows no bounds to stop. Prices of Property in Delhi NCR are touching sky and inspite of being the basic need of every individual, investing in property is becoming only a dream to be fulfilled someday.
He also added that the cost of an average 3-4 BHK flats in Gurgaon is around Rs. 1 crore or even more, whereas, the average salary of an executive in merely around Rs. 1-4 lakh. This fact has pushed a part of the population towards the outskirts of Gurgaon, the areas which lacks in basic infrastructure.
Flats for sale in Gurgaon are becoming expensive day by day and knows no bounds to stop. Prices of Property in Delhi NCR are touching sky and inspite of being the basic need of every individual, investing in property is becoming only a dream to be fulfilled someday.
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