Dharuhera: Gateway to growth

Comments print
Sanjiv Bajaj:  Jan 19 2013, 02:29 IST
Developers, Raheja Developers, Vipul Group, Piyush Group, Landmark Group, Vardhman Developers, M2K, Dwarkadhish, Bestech Group etc. Currently these developers are selling their projects in the range of Rs 2,400- Rs 3,500 per sq ft, depending upon the location and stage of construction. The local development body — Haryana Urban Development Authority (HUDA) — has also sold some plots at Dharuhera and people are fast carrying out construction on these plots, though infrastructure lacks in most of these colonies.

Earlier, this area used to cater mainly the middle class housing, but did not have better options available for senior management officials, CEOs, top executives and foreign nationals who work in many of the industries.

These officials were dependent on Gurgaon for premium and luxury housing needs. However, some developers such as Landmark Group and Raheja Developers are coming up with luxury projects that are quoting in the range of Rs 3,500-4,000 per sq ft.

Apartments in Dharuhera are available at affordable prices and compares favourably with Noida Extension amd Sonepat, which are also far suburbs of NCR. Housing here is still within the reach of the middle class and is likely to give good returns over a long term.

Several far flung satellite cities in and around NCR are also developing as retirement home destinations, and Dharuhera also qualifies for being one. Many middle income group buyers have turned out to be investors and are purchasing second homes, which can give them rental income and appreciation over long term.

Dharuhera is a destination offering

... contd.

Ads by Google
   Previous | 1 | 2 | 3 | Next
Previous Story  Delhi firm gets SC notice for parallel imports Next Story  SC to hear telcos’ plea on mobile tower removal
Reader's Comments| Post a Comment

Be the first to comment.

Post your Comment

Your email address will not be published. Required fields are marked *

Name *
Email *
Message *
 
captcha
please enter the above characters in the box below