If you are looking to relocate your office or setting up a new business operation, Gurgaon is an ideal destination. The city has lot to offer. In the first place, it is the National Capital Region of New Delhi, therefore, has always been a preferred destination to overseas and domestic corporations for renting office spaces. Over the years, the city has emerged as a very lucrative investment destination for commercial property investments. It is a corporate hub of many multinational and domestic companies. The access to Gurgaon has become much easier with improved connectivity.
The Commercial Estate Developers: Some of the major names ruling the realty market are DLF, Unitech, Vipul, Orchid Infrastructure etc. Of them, DLF is the leading realtor for commercial office spaces, meeting the larger floor plate demands. The popular builders boast of a large stock of commercial properties like business, information technology and cyber parks. Some of the other prominent developers are also doing fine. Even they have also come up with world class office spaces on Dwarka expressway and business parks at different locations at very reasonable prices. Therefore, Gurgaon is an ideal location for new start-up companies because of wider choice for small office spaces. The Global Melt Down, Commercial Property Price Correction: Commercial property at Gurgaon saw a price correction during the global melt down, the demands for commercial offices sales and rentals had remarkably subsided. Many large commercial space occupiers had to reduce their costs, through job cuts and relocating to smaller office spaces with cheaper rentals, especially when their businesses were not doing well. This price correction led to create a demand for smaller office segment. Positive Signs of Improvement: The demand for new commercial projects in Gurgaon has exponentially increased, especially when large and small companies have shown interest in exploiting the condition to create job opportunities once again. A number of commercial developments by reputable developers have remarkably hit the market with new projects. This has interestingly reversed the demand and supply balance, where the supply of property has outrun the demand. This imbalance has led to create large vacancies and further opened up the commercial property markets for space occupiers and investors with a wide choice. With the demand for office spaces on the upswing, invest in premium office spaces at AMB Corporate Park prominently located right on Dwarka Expressway, in sector 37D, the location is well connected to IGI Airport, Aerocity and NH8. With construction already commenced as promised, AMB Corporate Park is set to be an iconic development of the region. For more details visit: www.ambgroup.in
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