Gurugram property market heats up as India’s leading developers acquiring land for residential

Real estate developers from all over India, like Godrej, Oberoi, Adani, and DLF, are getting land in Gurugram to build homes. They’re eyeing areas like Golf Course Road Extension, Gwal Pahadi, Dwarka Expressway, and Southern Peripheral Road because prices in popular spots like Golf Course Road and MG Road have gone really high.

Local developers are also joining in, with companies like Signature Global and Raheja focusing on places like Dwarka Expressway and Southern Peripheral Road.

For example, last November, Oberoi Realty bought 14.8 acres of land for ₹597 crore in Gurugram’s Sector 58. Adani got land near Delhi’s border in Gwal Pahadi through a bankruptcy process. And DLF, one of India’s biggest real estate companies, bought 29 acres on Golf Course Road Extension for ₹825 crore.

This shows a big push to help Gurugram grow. As Pradeep Aggarwal, founder of Signature Global, says, it’s about working together to shape Gurugram’s future skyline, rather than just competing.

Signature Global is a big player in Gurugram, having about 30% of the market share in important areas. In the wider National Capital Region (NCR), they have about 19% of the market for affordable and mid-range homes.

Gurugram’s housing market has been booming, especially in the luxury segment, which makes up nearly half of Delhi NCR’s market. Popular areas like Golf Course Road Extension, NH8 region, and Sohna Road are attracting a lot of attention because they have everything people need, like schools, shops, and parks.

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