Thursday, 14 July 2011

Gurgaon Profile


NCR has a population of 18 million and a very robust ever increasing demand for commercial office space.

NCR encompasses a stock of approx. 30 million sq.ft. of office space which is very low for a region of this size.

Over the last few years, India has developed as a fast growing market in the Retail, Commercial and IT & ITES Sector.

Sustained demand for the Commercial Sector has ensured a vacancy level of 2-5% across prominent developments in Gurgaon.

Recent Commercial Projects in the Gurgaon region include Vatika, Orris, Palazo and Palm Square.

Projects on Sohna Road are selling in the range of Rs. 10000 – 12000 Per sq.ft and those on NH-8 are selling in the range of RS. 8000 – 10000 per sq.ft.

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