Spotlight on Navraj, The Antalya in Sector 37D
Gurgaon is often referred to as Millenium City. The cyber city has recently earned a laurel for its luxury housing offerings. As unicorn or start-up founders choose Gurgaon for their abode, the city developers understood the relevance and filled the gap with their luxury housing offerings. One of such addition is Navraj the Antalya in Sector 37 D Gurgaon.
Although this transition looks simple, the question arises: What are the factors that forced home developers to add luxury apartments to their arsenals? Let’s understand these factors one by one.
Reasons for the Growth of Luxury Housing
Although you can count these factors on tips, it is important to understand their strong impact in detail. These factors are:
Economic Growth and Wealth Generation
Gurgaon contributes 0.6% of the national GDP and has the third highest per capita income in India. These numbers are evident enough to indicate the buying capacity of Gurgaon residents. Moreover, being the hub of giant MNCs and global businesses, the city attracts an international audience. Their paying capacity and desire for premium housing motivate builders and developers to launch premium housing projects.
Urbanization and Lifestyle Changes
Around 54% of the Gurgaon district is covered under the Gurugram Metropolitan Area (GMA). This means that major areas fall under metropolitan jurisdiction, which gives builders the freedom to invest in spacious or close-to-nature projects. Such projects can easily meet lifestyle needs and the assurance of the Metropolitan Council.
High Returns on Investment
Gurgaon's real estate market is known for tremendous property returns. Gurgaon real estate market has given 10 -11% pa return from 2021 to 2023. Besides, rental income is also quite high. Such fast ROI trends encourage investors or real estate investors to invest in emerging markets. Thankfully, this trend is not restricted to budget housing. Even luxury housing investors also made phenomenal returns on their investments. This trend is strong enough to assure luxury housing investors and builders.
Enhanced Security and Privacy
Security is a basic requirement. Gurgaon's crime rate is also less compared to Delhi. As a result, premium investors are motivated to choose Gurgaon over Delhi. Here, they get safe, better, and luxury living with less spending.
Exclusivity and Prestige
Owning a luxury apartment in the prestigious city of Gurgaon. The result? Many builders are building luxury projects at prime locations, for instance, Navraj The Antalya in sector 37D in Gurgaon. The sector itself is a status symbol. For many industrialists, the MNC Leo’s offers a sense of exclusivity and prestige.
The Future Ahead
As the demand for premium living spaces continues to grow, developers are stepping up to meet this demand with innovative and luxurious housing solutions.
For those seeking the pinnacle of luxury living, Navraj The Antalya Sector 37D Gurgaon, stands out as a premier choice. With its exceptional amenities, prime location, and commitment to providing an unparalleled living experience, Navraj The Antalya, epitomizes the future of luxury housing in the Millennium City.
Book Navraj The Antalya with Shikhar Home Developers.
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