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Gurgaon has always remained a property hotspot. Ever since the nineties when General Electric first established its offices in the city, there has been a high demand for commercial as well as residential property. During the past few years, when the demand for residential properties dipped, the demand for commercial properties did not drop in proportion. The difference between the two is because of the fact that commercial holdings are usually investor backed projects with an eye on the economic activity in the region. Gurgaon has a high instance of IT and IT services business and therefore the city was not entirely dependent on the domestic market when the economy started failing. While the residential property market was hard hit, the business sector continued to function. This is partly responsible for the sudden spurt in demand for luxury and lavish accommodations in the city. Builders like ILD Group Gurgaon are coming up with the answers.
Gurgaon Rebounds
It was not anticipated that the residential property market would not re-emerge from the throes of slowdown so soon. However a few days earlier, Tata Housing launched one of the most ambitious luxury projects in the city and dispelled all doubts. But the residential property buyers have learnt to be cautious the hard way. They have now realized that any project investment may not be as fruitful as it was considered earlier. With newer areas being developed around Gurgaon, one has to choose an investment option carefully to ensure that it does not fail. Therefore builders also have to keep an eye on the future when offering new projects.
The ILD Group offerings include three new projects in localities which are going to be high in demand in the times to come. ILD Grandand ILD Grand Centra are under development in Sector 37 while ILD Arete is being constructed in Sector 33.
ILD Offerings
The two projects by the ILD Group in Sector 37 offer an array of possible investment options. ILD Grand and ILD Grand Centra are not similar. Grand Centra can best be described as an upgraded version of ILD Grand and has been designed for those who seek more out of homes. It is not that ILD Grand offers smaller units. The units here have areas ranging between 1200 and 1800 square feet approximately. The biggest positives of this project are its location and possession time. The builders are offering possession in May 2015. Those who wish to wait and want to explore more options of bigger areas can consider ILD Grand Centrafor options. This project offers apartments with unit areas ranging from 1300 to 3500 square feet! Apart from 4 bedroom apartments, there is also the option to choose a duplex here. This is excluding the 2 HK and 3 BHK offerings. As a result of this lavish offering, the builders have also offered to include water bodies and floral beds in the society premises.
Another similar offering from the same builder is ILD Arete which is currently underway in Sector 33 of Gurgaon. This project also offers apartments similar to those of ILD Grand Centra, with the exception of duplexes. However the end users here have the option to opt for apartments with unit area up to 4500 square feet.
In Conclusion
End users can explore the details in depth in the ‘New Projects’ section of Housing.com.