The city has emerged as the favourite secondary business district in the National Capital Region due to the availability of modern buildings that suit the requirements of companies and can be upgraded to superior grade-A assets.
The city is the preferred destination for Indian and
multinational companies in the NCR, while the central business district of
Connaught Place is favoured mostly by Indian firms and those that have to
liaison with the government.
Gurgaon is one of the major corporate hubs in the country
with the presence of nearly 500 MNCs and an even higher number of Indian
corporate giants. It offers a good choice of luxury housing, world-class
educational centres and healthcare facilities.
Some well-known names in Delhi’s central business district
are expected to move to AeroCity, located on the Delhi-Gurgaon Expressway close
to the airport.
The presence of high-end malls, shopping centres,
multi-cuisine restaurants and the Rapid Metro System have also played a huge
role in the city’s growing importance in the corporate world.
Fundamentals remain strong on account of healthy office space
absorption and that increases the city’s position as the preferred residential
destination for upper levels of management across various corporations. Gurgaon's rapidly growing infrastructure and quality of construction, amenities,
specifications and proximity to social infrastructure will continue to act as
drivers for improved demand momentum.
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