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News Details
Posted Date : 8/24/2009 1:20:25 AM
News Headlines : Gurgaon Rapidly Develops as one of the most Modern City on India
News Details :  Gurgaon has emerged as one of the most modern cities of India, with state-ofthe-art commercial buildings, posh residential condominiums and large malls. It has emerged as the first choice for a large number of multinational companies opening their offices in the country. The township has benefited hugely from its proximity to India’s capital and power centre at Delhi. In the last ten years, Gurgaon has had a number of MNCs opening their offices here. This has led to a rapid growth in real estate in the city, and today, it has emerged as a major residential, commercial and retail hub. Favorable government policies, good connectivity with Delhi, and its upcoming infrastructure has enabled Gurgaon to position itself as an industrial & IT/ITeS hub. A number of IT/ITeS companies, auto and auto ancillaries and garment export industries are operating out of this place.
 The city’s proximity to the domestic and international airports, quality of real estate developments coupled with proactive government policies have helped it to grow faster than any other competing suburbs of Delhi, says Samir Jasuja of PropEquity, a real estate research firm. The commissioning of NH-8 (Delhi-Gurgaon Expressway) has further fuelled developments in Gurgaon. The Metro link, currently under construction, will further strengthen Gurgaon’s position in the NCR by providing muchneeded quality public transport connectivity. The city has also benefited from the government’s enhanced focus on a comprehensive infrastructure development plan for the 2010 Commonwealth Games in the NCR. However, Gurgaon has still a long way to go in terms of social and physical infrastructure as it faces severe power shortages and traffic bottlenecks.
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